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Wednesday 12 June 2013

About the basic Tenets of our Investment & Wealth Creation Philosophy

I am frequently asked by friends what are the basic tenets of Blackhawk’s investment & wealth creation philosophy in a world that is increasingly dangerous, regulated and volatile.
Well, to make a long story short and as a starter:
The Firm does not believe in diversification. Take a close look at some of the greatest entrepreneurs in US history. Henry Ford never diversified, Bill Gates didn't diversify. The Firm strongly believes that the best way to create real wealth is to put one’s eggs in one basket and watch that basket (the right one) very carefully. In fact, one can go broke diversifying. Ask anyone who's diversified in the last three years. They've lost money. Nonprofessionals are always jumping around, thinking they have to do something. If they have a big success, they think they need another one right away. That's when hubris sets in at its worst...Continue Reading

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