Quote Originally Posted by christopher leigh View Post
I thought you didn't take financial advice from forumites? I'll assume you've changed your mind.

If you've invested in one or more companies without understanding what you're doing(gambling) then you may make gains or you may lose everything, depending on how those companies perform, and regardless of whether you invest in one or more.

Now if you know what you're doing, why invest in three companies when your projections point to greater success in one. Only in the case where your projections point to an equal success rate in several of the best companies, is there any justification in diversifying. That's hardly ever, just look at current share prices.
I'm glad you said that because I do know what I'm doing, so your argument falls down straight away. You are talking about random investing to support your argument, but no-one else is.

3 questions, please answer them without any analogies:

1) What projections are you talking about?
2) How can you be sure which is going to be the successful one?
3) How much of your wealth would you bet on this conviction?