Hacker News Reader

I believe you should invest in the fields that you work in and understand (as long as you are investing long-term).

Your time and expertise in these areas will give you better insight that most other investors will not have. See Warren Buffett's "circle of competence".

View on HN

The job of Buffet is to buy entire companies. Not so many people has the same job, so his point of view is interesting but should not be common.

And then: Enron.

Exactly. Not only were many employees invested in the same sector, their nest-eggs were invested in their employer, which is (from a safety perspective) even worse.

'Course, that invites some comparisons to equity in startups...

Reply on news.ycombinator.com