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Diversify your portfolio to reduce vulnerability from "summary" of Antifragile by Nassim Nicholas Taleb
The idea is to spread your risks across different areas so that a blow in one sector does not wipe you out. Think of it as having multiple sources of income rather than relying on just one. By diversifying your portfolio, you reduce your vulnerability to any one specific risk. It is a form of insurance against unforeseen events that could potentially harm you if you had all your eggs in one basket. Diversification can be seen as a way to protect yourself from the unexpected, the unknown, and the unpredictable. It is a way to build resilience and avoid being overly exposed to any single point of failure. And in a world that is inherently uncertain and volatile, having a diversified portfolio is like having a safety net to catch you in case things go s...
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