Part 2 of my stock pick story
If you have missed the first one, you can read it by clicking the link “stock pick- it is time to be greedy (part 1)”.
Question: Will you do well with just 10-20 stocks?
There are 2 schools of thoughts when it comes to holding the number of stocks in your portfolio. One school like to hold maximum 10-20 stocks. They will spend time to research really good one and stick with them throughout. They buy and sell as the price changes, but will always go back the same few. The theory is based on fundamental or value investing. If an investor spend quality time studying a good counter, he will be able to know when is cheap enough to pick up and when is too high to sell.
The other school believes in jumping around between different stock counters. The investor …Read the full article →