Why I don't diversify

The reason is simple: I can't find any better opportunities to put my money in.

Sure there are many good stocks I could invest in that will beat the market, but I only care about the best. Why put my money in lower returning assets? It ain't rational

One thing I really don't care about is how my portfolio looks like. I know my portfolio looks like it was created by some kid who just graduated college who doesn't know what the hell he is doing. I tell people that I have my money into two stocks with one of them being a Chinese solar (double the risky words), and they think I am crazy. Luckily investing isn't a beauty contests, it is about making money.

The one investment strategy that I have is to make as much money as I possibly can. I follow a long term fundamental approach, but that is only because I believe it will bring me the best returns. As my knowledge expands and markets change, I might try other strategies but I am pretty content with what I am doing now. However, if I find diversification will bring me greater returns, then I will do that.

Now I don't recommend this non-diversification to anyone because it is just damn risky if you don't know what you are doing. Unless your name is Warren Buffet, I don't trust anyone playing such a concentrated strategy, so don't do it. To be honest, I wouldn't even trust myself if I was someone else.

It may look like to any sane person that I am taking too much risks, but I don't see it that way. To me adding assets that will bring lower return for the risks is riskier in my portfolio so I don't do it.

But I can rationalize this concentration strategy all I want. I'll leave it to the market to prove me right or wrong. In the end, its about making money.