“Definitely never more than 20, but 10-15 would be ideal. You see, it is quite logical. Owning and monitoring more than 20 businesses is going to be a challenge in itself. You ought to keep a watch on their businesses frequently.” “What if we find a truly astonishing deal but we already have 20?” “Sell one of the existing ones.” “Even if they have not yet given us the intended yield?” “Yes.”

