Diversifying Without An Investment Company

by David Jenyns on September 3, 2007

Diversifying Without An Investment Company
An investor wanting to reduce the gamble in owning common stock must hold stock in a good many companies. Momentarily ignoring the existence of investment companies, suppose a man decides that for adequate diversification he should own stock in 50 companies, and for the companies he selects the average price per share is $30.

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