We often hear a notion that if you spread your investments across a range, you’re going to be alright. What’s the reason you’re doing this? Knowledge? Planning? The implicit assumption behind this is diversification brings security and lower risk. That’s simply not the case. Investing in everything creates a weaker, far less effective strategy. There’s a very good reason why Warren Buffet doesn’t invest in sectors he knows nothing about, he sticks to his inner-circle. But, if everybody did that, nobody would get rich, right? That’s precisely why we believe that no, diversification isn’t the answer. It's not the right path to seek wealth. Expansion is growth and wealth is achieved by focusing on one strong sector and investing in it.