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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?

To: William L. Oppenheim who wrote (1901)	12/16/1997 8:37:00 AM
From: Proud_Infidel	Respond to of 3696

Re:even he went into bons this year, and thath Berkshire Hathaway trades much as a mutual fund does. Is this not diversification? I wouldn't call that diversification but rather foresight, something I wish I had more of at this point<G> Quotes re diversification: "Diversification is protection against ignorance. It is not necessary for those who know what they are doing." Warren Buffet "To accumulate wealth one has to concentrate their holdings. Once wealth is amassed, one may want to diversify to protect their holdings." Richard Rainwater I know of no billionaire who got where they are by spreading out their risk among hundreds of companies. JMO, but I would rather try to follow in the footsteps of the above two rather than the jouranlists who consistently give out bad advice. Just my .02, Brian