Diversifaction is important for most investors, so would you rather have your money in three index funds or Warren Buffett's conglomerate of great business, Berkshire Hathaway (BRK.A -0.30%) (BRK.B -0.26%)? In this segment from The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Brendan Mathews take a question from their mailbag about diversification and tell viewers which route they would go.

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