Authors:
  • It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick, would create a much greater potential to earn above-average investment returns.

    Joel Greenblatt (2011). “The Big Secret for the Small Investor: A New Route to Long-Term Investment Success”, p.60, John Wiley & Sons