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Selling out - Howard Marks
#17
(02-05-2022, 04:10 PM)fenders53 Wrote: Ray,

It took me a year to get from 50 tickers to very low 20s.  I told myself I will trim a minimum of one per month, and if I was tempted to add a new ticket then two need to go within a week or two.  I now only have a couple stocks I would be hesitant to make a five year commitment to.

I can see myself with 25 stocks someday but the entry threshold is higher now.

limiting oneself to lower # of investments makes one to be more diligent in those choices--at least for myself

i was up to 87 stocks--a crazy amount imho--even tho i had a lot of high quality investments--it was just too much to own so i started to downsize--i'm currently down to 63 individual stocks--now to get into that 30 to 40 range is going to take me a lot longer--maybe a couple of years maybe more due to being in taxable accounts

then i have 2 friends, one has about 120/130 stocks and the other has over 300 stocks! now the 300 plus stock portfolio is a 2mil but idk--way too many imho

i have another buddy worth a few million and he has 30 to 40 stocks and some mutual funds--he said he'd be fine owning 20 to 25 stocks--i have no idea what amount he has in mutual funds vs stocks
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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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