10/05/2011: Lunch talk with Aaron @ Ajisen. This place always reminds me of Ajishin in Novi, MI, but it's not as awesome.

Among many of our conversation topics discussed today was investments:  from day trading, to being an active trader versus passive, how much risk one should take, and if diversification is really an optimal plan.  Almost every book on investments out there sides towards keeping a well diversified portfolio and they have statistics to back up that it usually beats active trading- as the saying goes, “boring wins.”  But after heavily arguing my point for some time, I couldn’t help but be reminded of Steve Job’s mantra to “think different” and especially to not “live the results of other people’s thinking.”  I still feel that diversification is the best way to invest, and I know I’ll do well being rooted in this strategy.   But I was reminded that while it’s important to keep what I read & study as firm foundations, I should be open to other ideas and avoid tunnel vision.   In short, I’m often baffled by Aaron’s subjective opinions and probabilities because they usually have absolutely no basis… but I still appreciate his ability to think different… often very different.