"There's no use diversifying into unknown companies just for the sake of diversity. A foolish diversity is the hobgoblin of small investors. That said, it isn't safe to own just one stock, because in spite of your best efforts, the one you choose might be the victim of unforeseen circumstances. In small portfolios, I'd be comfortable owning between three and ten stocks."

--

Source : Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.240, Simon and Schuster

Peter Lynch

#Diversity Quotes #Effort Quotes #Use Quotes

“Demonstrate talent, said Grandmother often to me, and you will still be loved by a husband when beauty has faded.”

Source : Martine Leavitt (2016). “Keturah and Lord Death”, p.17, Highlights Press
“By all means be experimental, but let the reader be part of the experiment”
“I'm making music the way I would have done before modern equipment and music recording.”
“As yourselves your empires fall, and every kingdom hath a grave.”

Source : William Habington, “Nox Nocti Indicat Scientiam”
“If you try to deliver a funny line in a funny way, it comes out as wacky and you ruin the scene.”
“The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.”
“Some chains are forged for us - those are the hardest to bear.”
“Every vice has its excuse ready.”

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