Investing in same industry

alltoohard said:

Hi,

Brand new to share investing. Just wondering peoples opinion of investing in 2 companies in similar industry?

Is it like a horse race and you are betting against yourself or not quite the same?

Do you or would you do it?

Thanks looking forward to your opinions.

(sorry if this has been asked before I did trying searching the forum and google before asking but couldn't find anything.)

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againsthegrain said:

If you are comparing it to gambling its more like playing 2 hands of blackjack at the same time against the dealer.

Could win both, lose 1 or lose both.

They could be both good companies with good management or could be total bottom specs that fail. Research the companies and invest based on that not just the industry

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