Diversification is a concept that investors understand well. In an investment portfolio, an array of investments types and companies reduces risk and increases chances for long-term gain.

Even for a profitable business, having a single point of failure can be a fatal weakness. You have one big customer and can't survive without them. You have one killer product but nothing to fall back ...

In investing, diversification involves spreading your money around among multiple investments to limit your exposure to any one investment. The practice can reduce the volatility of your portfolio ...