Comments on Dividends4Life: Rev-up Your Portfolio With Asset Allocation

Dominican: You are correct. Both Buffet and Munger...

2008-08-24T21:12:00.000-05:00

Dominican: You are correct. Both Buffet and Munger will concentrate investments in companies they have throughly researched and feel confident in. Most of us mere mortals don't have the insight, connections, time and resources to develop the confidence necessary to make concentrated investments.

I would note also, through time Buffet has achieved a degree of diversification with in

D4L,

I recently found your website via Old ...

2008-08-24T16:37:00.000-05:00

D4L,

I recently found your website via Old School Investor. I read this article and thought I would comment on your understanding of what Mr. Munger meant by diversification. In the September 2008 issue of Smart Money, Munger is quoted saying "People say the whole secret of investing is diversification.... that idea is ass-backwards". Both him and Buffet have long said that they use

Passive Income: Well I am sure glad you found my s...

2008-02-20T21:52:00.000-06:00

Passive Income: Well I am sure glad you found my small spot on the web!

Net worth works for some people and others it doesn't. Though I track my net worth, I don't consider it a particularly meaningful number for me since so much of my net worth is tied up in my company's stock (401k, options, performance shares, restricted shares, and regular shares). It currently makes up 40+% of my

Great post. Charlie is really amazing as well. It ...

2008-02-20T16:54:00.000-06:00

Great post. Charlie is really amazing as well. It is one of those cases that if he worked with anyone else he would be praised even more. Mr B carries a long shadow!

Thanks

D4L,
About 3 months ago, while wondering in int...

2008-02-20T16:41:00.000-06:00

D4L,
About 3 months ago, while wondering in internet wilderness, I somehow stumbled upon your blog. I browsed it for sometime and got completely hooked up. You have an excellent blog here dedicated to your own approach to dividend based investing. Additionally, the links to other dividend bloggers is very good. I congratulate you on your effort. I am regular visitor now. A closing question: