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Quote by Naved Abdali

“The most significant benefit of a diversified portfolio is psychological stability when you need it the most.”

Quote by Naved Abdali

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Naved Abdali

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“After I was settled, I walked down the hill and came to a place with fine gardens inside a high metal picket fence, and as the gate was open I went in. It was the Bahai Temple. It was the Main Office of International Bahai, a very nice religion without much of an image, with no hero, or at any rate no hysterical hero, no big show-biz trial, no fancy parables, no crucifixion, just a man who sincerely believed there was a nice way for everybody to live.”

“Managing a portfolio is like managing a garden. You don’t just want different kinds of plants in your garden. You want those different plants to have synergy and to work together harmoniously to maximize productivity. In the same way, when different elements in the portfolio have synergy and work together to help each other maximize individual productivity, their collective yields can then be reinvested to maximize the productivity of the whole portfolio. There’s a compounding effect and a multiplicative value effect that takes place with the permaculture investing approach.”

“This first generation of corporate barons left a lasting, if dubious, legacy: they made America more hierarchical, with new divisions between management and labor, between a professional class and everyday workers. They made the economy more centralized, consolidating power into a few mega-companies and their owners; they made it more globalized, keyed to international capital and trade. They diminished the voice of the ordinary citizen in society and politics in favor of educated, professionalized elites. In short, they gave America an entirely new political economy, what some historians have called corporate liberalism.”