Second, you might be surprised by how few charities are on this list. Aren’t there dozens of worthy charities in the world? Yes there are, but that doesn’t mean you should give to them all. As we saw in Chapter 3, the best charities are often far better even than very good charities. Given that we’ve only a limited amount to spend, we should focus on the very best charities rather than merely very good charities.
Similar to Buffett and Munger - diversification makes sense if you don't know what you're doing; if you do, invest in the small number of funds that have outsized returns.
