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...3 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]
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