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I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification. ↗
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. ↗
So, all during the '90s and, you know, for the first half of this decade, we had opportunities to get evacuation plans in place, better communications in place. ↗
