Wise Diversification

As a banker, I was once asked to make a loan to a businessman who owned nothing except one stock worth $2 million, but he owed $1 million against that stock. I was surprised by his lack of diversification. I declined his loan request. Later, that stock plummeted and he was forced to sell with a deep loss. Jesus began a parable by stating that a master entrusted his wealth ... The post Wise…