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Apex Trader Funding (ATF) - News

Charlie Munger Asks, 'Do You Want To Be More Like Me Or More Like Them?' — Why He Believes Diversification Is An 'Impossible And Agonizing Task' Any Idiot Can Do

Renowned investor and Berkshire Hathaway Inc. Vice Chairman Charlie Munger is no stranger to controversial statements when it comes to investment philosophy. One of his most contentious views is on diversification, which he famously refers to as "deworsification." According to Munger, the traditional approach to diversifying investments may not be the wisest strategy. During the 2019 Daily Journal Annual Meeting, Munger responded to a question about diversification with a memorable analogy. "Div