People who invest in any type of security should be thoroughly educated and interested enough in the subject that they investing in to know their way around. Otherwise, why invest? Furthermore, before seeking advice, do some research on your own so you can better evaluate that advice.
Diversification is overrated because you can go broke trying to diversify. Henry Ford never diversified, Bill Gates didn’t diversify.
The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.
