Every cradle asks us, Whence? and every coffin, Whither? The poor barbarian, weeping above his dead, can answer these questions as intelligently as the robed priest of the most authentic creed.
Suppose you were a real estate investor with a 1
3 interest in the best apartment complex in town, the best mall, and the best office building. Would you feel like a poor, undiversified investor? No! But as soon as you get into stocks, people feel this way. Partly, people need to justify their fees.