Investing for Beginners - How Many Stocks Should You Own?

There is a MAGIC NUMBER when determining how many stocks you should own!
Do you know what it is?

In this video, I walk you through the science of diversification while leaning on professional insights from Buffett, Greenblatt, Lynch, and more.

TIMESTAMPS:
0:00 - Peter Lynch's warning about how small investors over diversify.
0:50 - Warren Buffett's thoughts on over-diversification.
1:50 - Seth Klarman's perspective on over-diversification.
2:41 - The logical, data-driven number for the IDEAL diversification!
4:09 - Additional support for this MAGIC NUMBER from Joel Greenblatt.
5:52 - Summary and conclusion - How you can use this information to INVEST SMARTER.

LINKS:
0:06 - One Up On Wall Street by Peter Lynch - https://amzn.to/2GRsMQW [affiliate link] - A must-read for anyone who plans to trade or invest in individual stocks of all sizes.
1:58 - Margin of Safety by Seth Klarman - https://amzn.to/2IplXmU [affiliate link] - A very good, but out-of-print, read. ...it's crazy expensive! See for yourself.
3:00 - Hedge Fund Market Wizards by Jack D. Schwager - https://amzn.to/2JgPbFK [affiliate link] - A must-read for anyone who plans to invest full time. A good (but not essential) read for anyone who invests casually (you'll pick up a nugget or two from these experts).
3:37 - Audible - https://amzn.to/2GzAM9N [affiliate link] - Being able to listen to and learn from audiobooks while doing other mindless tasks (mowing, washing dishes...) has made it possible for me to always be learning! You can get started with Audible for free.
4:40 - You Can Be A Stock Market Genius by Joel Greenblatt - https://amzn.to/2Jkrxs0 [affiliate link] - My #1 recommendation for anyone who plans to research and trade individual small-cap stocks.
6:44 - The #1 Mistake All Investors Make [Video] - https://youtu.be/BkiiIX_VCEg

Check out my free mini-course detailing several of the Potentially-Ruinous Flaws with the way almost everyone is telling you to invest: https://spicercapital.com/free-course/

For additional disclosures and other legal stuff: https://SpicerCapital.com/Disclaimer

Thank you for being a part of this Community!
Until next week…

Take Care!

Видео Investing for Beginners - How Many Stocks Should You Own? канала Stephen Spicer, CFP