Having all your eggs in one basket might make you rich—until it doesn't. This week, we’ll dive into the risks of concentrated investing. You know, Warren Buffett's strategy of focusing investments on big bets is legendary, yet he also champions diversification for the average investor. Why the mixed advice? Because while concentrated investing can yield big rewards, it also carries significant risks. Learn how to balance your portfolio, manage risk, and understand when to hedge or diversify y...
All content for Gen One Legacy is the property of Peter Donisanu and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Having all your eggs in one basket might make you rich—until it doesn't. This week, we’ll dive into the risks of concentrated investing. You know, Warren Buffett's strategy of focusing investments on big bets is legendary, yet he also champions diversification for the average investor. Why the mixed advice? Because while concentrated investing can yield big rewards, it also carries significant risks. Learn how to balance your portfolio, manage risk, and understand when to hedge or diversify y...
Cash Management: It’s Not Just About Emergencies, It’s About Freedom
Gen One Legacy
17 minutes
1 year ago
Cash Management: It’s Not Just About Emergencies, It’s About Freedom
Cash is king. And missing out on an opportunity because your money's tied up in illiquid savings, or having to sell assets at an inopportune time to cover a large expense can be costly. That's why, in today's episode, I discuss why a cash management strategy is a step beyond an emergency fund. I'll also share the approach I've taken to crafting a solid cash management strategy so that my cash is working while it waits. Read this article at https://legacygenone.com Learn more at ht...
Gen One Legacy
Having all your eggs in one basket might make you rich—until it doesn't. This week, we’ll dive into the risks of concentrated investing. You know, Warren Buffett's strategy of focusing investments on big bets is legendary, yet he also champions diversification for the average investor. Why the mixed advice? Because while concentrated investing can yield big rewards, it also carries significant risks. Learn how to balance your portfolio, manage risk, and understand when to hedge or diversify y...
