If you look at the list of the most successful investors of all time and the wealthiest individuals in the world today, one thing that immediately stands out is the fact that none of the individuals got to where they are today by investing in indexes. To put it another way, all of these individuals made their money by investing in just one or a handful of companies and reaping the benefits of these businesses as they dominated a particular sector or industry. This is an important case study for investors, because it shows that a concentrated portfolio is one…
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