The other day, an associate asked me, "Why don't investors diversify when virtually every investment professional on the planet says they should?"
"I haven't a clue," I said.
Those who know me are probably in shock right now. You see, I've got an answer for everything. Not that I always know what I'm talking about; I just act as if I do. I know, it's a gift.
My wife, who is much smarter than I am, actually knows about a lot of the stuff that I so callously pull out of my ass. It drives her crazy.
Maybe that's why I do it.
Anyway, I got to thinking, why stop there? I mean, why just diversify your investments? Life is risky business. Why not diversify everything? I mean, if you have just one job, the company might go under or you might get fired. Become a consultant, like me, and work for lots of companies. Problem solved.
Have a bunch of kids. If one turns out to be an a-hole or a druggy, just write him off. There's plenty more where he came from.
Cat got hit by a car? No problem, you've got three more to rub up against you and purr.
Instead of remodeling your home, get a second one, just in case the first one burns down or your wife kicks you out.
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