Originally Posted by benjamin
Investing in a pharmecutical fund, for example, is probably a smart move right now. Investing in a single pharmecutical stock, however, is pretty risky. One FDA trial goes south and the stock plummets.
Well i never said that investing in 1 sotck only would be a good either! I am saying that if you invest in 10-15 different stock then you would limit your risk. but hey you do it your way, but i dont think that you'll be able call yourself the second riches guy(neither will I) in the world anytime soon.. now on the other hand my way (which is nothing new) is a simple phylosophy, as Warren Buffet... now dont get me wrong i dont blindly invest like the book says and i didnt learn my way of investing from the book, but you must know that the people who invested with warren and the same way are now some of the most succesfull investor, over and over... not just luck!