05-13-2014, 06:37 PM
(05-12-2014, 08:09 PM)Kerim Wrote: It is very hard to answer that without knowing a whole lot more about your portfolio. Are you otherwise properly diversified? I don't know a ton about it, but DD is no fly by night company, and could have a place in your portfolio? Have you considered selling part of your shares, keeping a more proportional size of it, relative to your other holdings?
On a related note, I read recently (though I don't remember where) that people who inherit stock often do not sell and reallocate because of several powerful -- but not necessarily beneficial -- psychological biases. Ownership bias makes you value things that you already own more than other people do; familiarity bias makes you more comfortable holding it; and the huge number of other options can also lead to inertia.
Thanks Kerim. I'm not married to my stocks. I raed something about "biases" at Motley Fool, and I agree.
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kayboy!