Simply thoughts, after I read some remarkable person like you Saul and others even my friends. I found something interesting. It’s just huge part of portfolio in some major stock, like 4~5, took around 70% portfolio. And others 1-5% what we called low conviction stocks maybe have 5-7. It’s reminder me to rethinking back our old portfolio allocation rules. Like one stock not as big as >15%. It’s because we keep group thinking again? Or just the while the market is difficult for growth stock again?
BTW great article as usual, hope all of our growth tracker can have a nice performance next 8 months.
Hey StockNovice, great monthly review and it’s been a tough year for growth stock investing. It will turn around at some point. I hear you on the portfolio management. Like you, I have started to introduce more positions and it is so easily done because there are so many good companies out there. I have found being very clear on what the macro trend I am investing in, finding the top stocks in that trend and asking what the stock brings that is not already in the portfolio. It’s not easy that is for sure!
Simply thoughts, after I read some remarkable person like you Saul and others even my friends. I found something interesting. It’s just huge part of portfolio in some major stock, like 4~5, took around 70% portfolio. And others 1-5% what we called low conviction stocks maybe have 5-7. It’s reminder me to rethinking back our old portfolio allocation rules. Like one stock not as big as >15%. It’s because we keep group thinking again? Or just the while the market is difficult for growth stock again?
BTW great article as usual, hope all of our growth tracker can have a nice performance next 8 months.
All best
Rick
I have too many stocks. Need to trim. The environment makes one look for too many try out positions.
Hey StockNovice, great monthly review and it’s been a tough year for growth stock investing. It will turn around at some point. I hear you on the portfolio management. Like you, I have started to introduce more positions and it is so easily done because there are so many good companies out there. I have found being very clear on what the macro trend I am investing in, finding the top stocks in that trend and asking what the stock brings that is not already in the portfolio. It’s not easy that is for sure!