Two attendees dress as Warren Buffett, chief executive officer of Berkshire Hathaway, right, and Charlie Munger, vice chairman of Berkshire Hathaway, run at the start of the "Berkshire Hathaway Invest In Yourself 5K" in May. (Daniel Acker/Bloomberg)The architect of investment giant Berkshire Hathaway thinks too much diversification is nuts. “This worshiping at the altar of diversification, I think that is really crazy,” he says in a book about his philosophy on investing and life. Read how the rich think. I’ll be hosting an online discussion about “The Tao of Charlie Munger” on March 30 at washingtonpost.com/discussions.

Source: Washington Post March 10, 2017 20:58 UTC