good morning believe nation today’s message is you have to diversify over to
message is you have to diversify over to
message is you have to diversify over to you Kevin O’Leary
diversification but I’ve learned that
diversification but I’ve learned that works if you’re an investor no matter
works if you’re an investor no matter
works if you’re an investor no matter how much money you’ve got whether it’s
how much money you’ve got whether it’s
how much money you’ve got whether it’s five thousand dollars or 500 million
five thousand dollars or 500 million
five thousand dollars or 500 million diversification is what saves you from
diversification is what saves you from
diversification is what saves you from disaster having investments in a wide
disaster having investments in a wide
disaster having investments in a wide range of businesses and sectors there’s
range of businesses and sectors there’s
range of businesses and sectors there’s always something working when something
always something working when something
always something working when something else isn’t so today I can go to bed
else isn’t so today I can go to bed
else isn’t so today I can go to bed tonight knowing that I have one
tonight knowing that I have one
tonight knowing that I have one objective I want to go to bed richer
objective I want to go to bed richer
objective I want to go to bed richer than I woke up and the only way that’s
than I woke up and the only way that’s
than I woke up and the only way that’s gonna happen to me is to be invested in
gonna happen to me is to be invested in
gonna happen to me is to be invested in a lot of different things because every
a lot of different things because every
a lot of different things because every day one thing works well three others
day one thing works well three others
day one thing works well three others don’t but sometimes that’s why you get
don’t but sometimes that’s why you get
don’t but sometimes that’s why you get richer this is the first in spresso that
richer this is the first in spresso that
richer this is the first in spresso that I’ve had a hard time with and I’m
I’ve had a hard time with and I’m
I’ve had a hard time with and I’m wondering if I actually agree with it or
wondering if I actually agree with it or
wondering if I actually agree with it or not I get how it works when you’re
not I get how it works when you’re
not I get how it works when you’re investing in stocks you don’t want to
investing in stocks you don’t want to
investing in stocks you don’t want to have more than 5% of your money into one
have more than 5% of your money into one
have more than 5% of your money into one stock because if something happens and
stock because if something happens and
stock because if something happens and you could lose a lot of your money but
you could lose a lot of your money but
you could lose a lot of your money but I’m not sure that applies to the rest of
I’m not sure that applies to the rest of
I’m not sure that applies to the rest of your life and any idea right he said
your life and any idea right he said
your life and any idea right he said don’t invest more than 5% in any idea
don’t invest more than 5% in any idea
don’t invest more than 5% in any idea and I think as I’m as an entrepreneur
and I think as I’m as an entrepreneur
and I think as I’m as an entrepreneur it’s easy to spread yourself too thin
it’s easy to spread yourself too thin
it’s easy to spread yourself too thin Lee and you should go all-in on the idea
Lee and you should go all-in on the idea
Lee and you should go all-in on the idea that you love most if you only invest 5%
that you love most if you only invest 5%
that you love most if you only invest 5% of your time or money into an idea that
of your time or money into an idea that
of your time or money into an idea that means you’re running at least 20
means you’re running at least 20
means you’re running at least 20 different ideas at the same time that’s
different ideas at the same time that’s
different ideas at the same time that’s crazy to me that that sounds like a
crazy to me that that sounds like a
crazy to me that that sounds like a disaster waiting to happen and again
disaster waiting to happen and again
disaster waiting to happen and again spreading yourself so thinly that you
spreading yourself so thinly that you
spreading yourself so thinly that you can’t get anything done instead you’re
can’t get anything done instead you’re
can’t get anything done instead you’re doing a lot of stuff in a mediocre way
doing a lot of stuff in a mediocre way
doing a lot of stuff in a mediocre way instead of one thing really really
instead of one thing really really
instead of one thing really really really well I’m a big believer in
really well I’m a big believer in
really well I’m a big believer in betting on your strengths and when you
betting on your strengths and when you
betting on your strengths and when you find it and that thing that you love and
find it and that thing that you love and
find it and that thing that you love and you’re passionate about it you go all-in
you’re passionate about it you go all-in
you’re passionate about it you go all-in on it and I’m a fan of Andrew Carnegie
on it and I’m a fan of Andrew Carnegie
on it and I’m a fan of Andrew Carnegie who became the richest man in the world
who became the richest man in the world
who became the richest man in the world and he said an opposite of
and he said an opposite of
and he said an opposite of diversification
diversification
diversification he said put all your eggs in one basket
he said put all your eggs in one basket
he said put all your eggs in one basket and then watch that basket so we’ve got
and then watch that basket so we’ve got
and then watch that basket so we’ve got a couple different views on this one one
a couple different views on this one one
a couple different views on this one one says diversify like crazy one says go
says diversify like crazy one says go
says diversify like crazy one says go all-in on one thing I’m really curious
all-in on one thing I’m really curious
all-in on one thing I’m really curious to find out what you guys think so
to find out what you guys think so
to find out what you guys think so that’s my question of the day for you
that’s my question of the day for you
that’s my question of the day for you how much do you believe in
how much do you believe in
how much do you believe in diversification for your business
diversification for your business
diversification for your business leaving the comments below
leaving the comments below
leaving the comments below I’m really
I’m really
I’m really to find out thank you so much for
to find out thank you so much for
to find out thank you so much for watching have an amazing day p’tee to
watching have an amazing day p’tee to
watching have an amazing day p’tee to believe and I’ll see you again tomorrow
believe and I’ll see you again tomorrow
believe and I’ll see you again tomorrow morning for another shot events presto
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