explain why diversification is a wise strategy for investor

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Finance Discussion

Answer the following question and submit your answer. There is no rubric for this problem.

in 200-250 words, explain why diversification is a wise strategy for investors. Given the benefits of diversification, why shouldn’t managers acquire firms in different industries to diversify a company?. Given the benefits of diversification, why shouldn’t managers acquire firms in different industries to diversify a company?

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