Warren Buffett built early wealth with just ten core stocks instead of a diversified portfolio. Before Berkshire Hathaway became a conglomerate, he held the same handful of high-quality companies, showing that concentrated bets can outperform broad diversification.
Have you heard of the Warren Buffett Rule 1 investing? Have you heard of that?
No, I haven't.
So it's basically like if you look at his portfolio back before Berkshire became really big, it's just like 10 stocks. It's just the same 10 stocks. And it's like, you know, you just mentioned like 15. It doesn't need to be a lot.
I think even Warren's portfolio today, if you look it up online, isn't it just like 50? It's like 30 to 50 stocks. Something like that. And most of it's concentrated in like 10 of the stocks, right? Like Apple and Johnson Johnson. Yeah.
