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Wealth

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How to Get Rich

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"The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket."- Jim Rogers

I think it's an interesting point. The whole notion of diversifying is to hedge yourself, balance a portfolio and see modest, constant returns. However, if the goal is getting rich he's absolutely correct that this isn't the right method. However, it does carry a lot higher risk.

http://www.businessweek.com/investor/content/apr2009/pi20090414_131044.h...

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