Diversified Quotes

I started digging and found that Israel signed a peace treaty with the United Arab Emirates after the country had diversified their economy, instead of being solely oil-based. This diversification had brought about modernization. I realized that if you land the price of oil, countries will diversify their economies and as a result, modernize.

But we had a pretty diversified portfolio of businesses around the world and things tended to offset each other. But one or two years ago, we had a lot of things happening at the same time.

The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.

Years ago, we all talked about recycling and not dumping things down your drain and all of that, but talking doesn't help much. Basically, it's going to have to be legislation because the impact is so huge and diversified.

And what we're doing in Ohio is we're moving from a basic manufacturing economy to one that's diversified, including energy and health care and agriculture and IT.