The clip shared here makes a point about jobs. People who stay at one company for more than two years on average make 50% less over their lifetime, because staying gets you raises of around 3% to 5%, while switching jobs can bring 10% to 20%. To a new company, you’re worth more.
The same mistake happens with investment capital. You can stick with one investing strategy indefinitely. Meanwhile, investors with Ticker Tape who hold a more diversified private equity portfolio are getting much higher returns on their investments.
Key points
- Job switchers tend to get bigger raises than those who stay.
- Sticking with one investing approach can carry a similar cost.
- A diversified private equity portfolio can improve returns.
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