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Selling out - Howard Marks
#4
Figure of speech of course and I don't think Scoot is implying one should own only four equities. Our personal risk tolerance is a starting point. If you spread your port across 10 stocks, one extreme failure or success is meaningful. Stocks do 10X or go BK. At this time I choose to own about 20 tickers. I have ETFs as well so my risk is mitigated some. My chance of significantly over or underperforming the market is small.

Having said that. FB is well under 2% of my port. Responsible for over 30% of my port decline yesterday after a rough market day. Record setting loss of market Cap for one day. I only own a few speculative stocks and they hit me several weeks last month. I clearly don't have 20 shiny quarters, at least in the short term.
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Messages In This Thread
Selling out - Howard Marks - by Scooterd - 02-03-2022, 06:09 PM
RE: Selling out - Howard Marke - by fenders53 - 02-03-2022, 07:30 PM
RE: Selling out - Howard Marke - by rnsmth - 02-04-2022, 10:05 AM
RE: Selling out - Howard Marke - by fenders53 - 02-04-2022, 11:28 AM
RE: Selling out - Howard Marke - by rnsmth - 02-04-2022, 11:30 AM
RE: Selling out - Howard Marke - by fenders53 - 02-04-2022, 11:57 AM
RE: Selling out - Howard Marke - by Scooterd - 02-04-2022, 12:35 PM
RE: Selling out - Howard Marke - by fenders53 - 02-04-2022, 01:03 PM
RE: Selling out - Howard Marke - by Scooterd - 02-04-2022, 02:44 PM
RE: Selling out - Howard Marke - by rnsmth - 02-05-2022, 10:06 AM
RE: Selling out - Howard Marke - by Scooterd - 02-04-2022, 11:33 AM
RE: Selling out - Howard Marke - by fenders53 - 02-04-2022, 08:19 AM
RE: Selling out - Howard Marks - by fenders53 - 02-05-2022, 10:29 AM
RE: Selling out - Howard Marks - by rayray - 02-05-2022, 12:19 PM
RE: Selling out - Howard Marks - by fenders53 - 02-05-2022, 04:10 PM
RE: Selling out - Howard Marks - by rayray - 02-06-2022, 08:33 AM
RE: Selling out - Howard Marks - by Scooterd - 02-06-2022, 11:06 AM



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