What is the advantage of being well diversified is there a

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What is the advantage of being well diversified? Is there a downside? Why or why not?

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These items are taken from the financial statements of : these items are taken from the financial statements of victory co. at december 31 2012.buildings
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What is the advantage of being well diversified is there a : what is the advantage of being well diversified? is there a downside? why or why
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