"Each of us has a purpose for living beyond our own survival and pleasure. Every individual is like a thread in a beautiful tapestry with a vital contribution to make, not only to the sustenance of life as we know it, but in the creation and development of more beneficial expressions of life."

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If you invest and don't diversify, you're literally throwing out money. People don't realize that diversification is beneficial even if it reduces your return. Why? Because it reduces your risk even more. Therefore, if you diversify and then use margin to increase your leverage to a risk level equivalent to that of a nondiversified position, your return will probably be greater.

— Jeff Yass