folio Theory
Netflix can have a great year with just one show. Investors can be able to make a lot of money with just one stock. One player can propel a team to success.
The answer is “I don’t know which one, but I’m sure it will be one of these.”
When we fall in love with just one egg, the basket can end up looking the same. This is no longer a collection of investments, but a single bet that’s repeated over and over.
You’re almost certain that some of the best portfolios contain elements you are not sure about. They are often right.
