Diversification

[Peter666]

If people do not see value stock investing for the low risk system that it inherently is, they should keep their money under a mattress.

[edtost]

[ QUOTE ]
If people do not see value stock investing for the low risk system that it inherently is, they should keep their money under a mattress.

[/ QUOTE ]

this statement is both (mostly) true and completely different from what your previous post implied.

[Peter666]

How? Why should one own many value stocks except for a few prime ones? The more stocks you own, the less of a chance the prime ones will be able to perform for you.

[edtost]

...and the less stocks you own, the higher the chance one of them completely screws you over. bad things happen to good companies, and markets can be irrational longer than you can stay liquid.