Rollins

1. There is a risk of over-diversification if Rollins chooses too many unrelated industries. This could lead to a decrease in overall portfolio performance.

2. There is a risk of investing in unprofitable companies. By expanding to unrelated industries, Rollins may be exposing himself to unfamiliar markets and increased risk of investing in companies with low returns.

3. Resource and capital requirements may exceed the amount Rollins has available. Expanding a portfolio into new markets requires additional resources and capital, and Rollins may not be prepared to do this. This could lead to a lack of liquidity and underperformance.

4. Rollins' risks incurring higher expenses associated with investing in new markets. Expenses such as professional advice, research fees, transaction fees, and taxes could become higher as Rollins expands his portfolio.

5. Rollins risks taking on greater compliance and regulatory obligations. As he moves into different industries and markets, Rollins may become subject to certain laws and regulatory requirements that he was not aware of before. This could create potential legal and reputational risks for him and his portfolio.