Post by prioli on Nov 9, 2020 16:25:43 GMT -5
These two billionaire investors have had very different investment strategies:
Warren Buffett says:
Ray Dalio says:
Warlocks equivalent -
Do you wait for an opportunity when you know what your opponent is doing and then put your best play against it? [Buffett]
-or-
Do you try to play lines that would work in "all weather", no matter what your opponent plays? [Dalio]
What type of player are you?
Warren Buffett says:
“Diversification is a protection against ignorance, ...[It] makes very little sense for those who know what they're doing.”
Ray Dalio says:
"Diversifying Well Is the Most Important Thing You Need to Do in Order to Invest Well"
Warlocks equivalent -
Do you wait for an opportunity when you know what your opponent is doing and then put your best play against it? [Buffett]
-or-
Do you try to play lines that would work in "all weather", no matter what your opponent plays? [Dalio]
What type of player are you?