Overtime, the variation that gives an advantage?

1 answer

In most cases, having more variation can actually be an advantage. This is because a well diversified portfolio or a team with diverse skills and perspectives is more likely to adapt to different situations and succeed in a variety of circumstances.

For example, in investing, having a portfolio with a mix of different asset classes can help reduce risk and improve overall returns over the long term. Similarly, in a team setting, having members with different backgrounds and expertise can lead to more innovative solutions and better decision-making.

Overall, embracing variation and diversity can often provide a competitive edge in many different contexts.