For a less well-diversified business, the hurricanes would have caused a major overall loss.
Quotes about well-diversified (6 Quotes)
The hurricane losses have highlighted the need to be a large, well-diversified company across many lines of business and across many territories with a capital base that is big enough to sustain losses.
We are pleased to be able to align our shareholders with the well-diversified, high-quality portfolio of Health Care Property Investors. The scale and breadth of the combined companies will better serve our investors and customers.
The one thing 35 years have taught me is that whatever the majority thinks is going to happen usually doesn't play out that way. The key from the investor's point of view continues to be a well-diversified portfolio.
The ratings on Macquarie reflect its resilient earnings profile, supported by its well-diversified business platform and strong asset quality experience. The bank's ratings also stem from its strong management capability, well-entrenched risk discipline, and conservative financial policies.
Our belief is that it is a basket of well-diversified companies that are playing the Internet, but are not direct Internet companies.