GE. Alphabet. Amazon. They're in a broad and diverse array of businesses. Should one division suck wind, another is around to pick up slack. That's about it.
See: Conglomerate Discount just for fun, and for further dark humor.
Related or Semi-related Video
Finance: What are Diversified v. Non-Div...2 Views
Finance a la shmoop what are diversified versus non diversified funds?
all right diversified a few eggs each in lots of baskets non-diversified all your [Baskets of eggs appear]
eggs in one basket diversified a mutual fund with 128 different growth equities
in it like Coke, Disney, JPMorgan and Tesla non-diversified Mark Zuckerberg [Diversified and non-diversified company's appear]
portfolio diversified a portfolio with stocks bonds real estate commodities and
fancy artwork from some talented dead people non diversified when your entire [Undiversified portfolio appears]
holdings comprise this.. when you invest in a diversified fund you spread your
money around ie stick your fingers in a whole bunch of different pies so that if [Woman puts finger into pie]
one pie turns out to be well poisoned it won't mean financial death at least not
unless you're a thumbsucker [Baby sucking thumb]
Up Next
What is fund diversification and why is it important? Fund diversification means investing in different financial products and sectors. It’s real...
What is Diversified Mutual Fund? Diversified mutual fund allow individual investors to obtain the benefits of risk mitigation through diversificati...