6 Investment Rules by World's Top Investors
By siliconindia
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Friday, 21 October 2011, 01:26 IST
"Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count. Good investment ideas should not be diversified away into meaningless oblivion." - Bill Gross
Bill Gross is the founder of pacific Investment Management (PIMCO). Gross is the co-chief investing officer of PIMCO and manages the PIMCO Total Return Fund, one of the largest bond funds in the world.
Gross suggests youngster's that diversification is a good thumb rule but it is also a risk at times when one of your profits is from only one of your picks and other picks don't do the same. Making money in the market is also about taking chances based on exhaustive research. Always keep some cash in your account for those opportunities that need a little more capital.