Portfolio Management
Land Mine ( 地雷 )
As the name feared, the misfortune of stepping on one is terrible. Will likely to have a limp blown off. A dent that is not easy to recover from. In stock context probably -50% to complete loss in a counter and depending on it's size in the portfolio it can be quite damaging to my overall returns.
The fewer stocks I have in my portfolio, the higher my concentration. Too many stocks and i will exceed my bandwidth to monitor them.
Growth Stocks ( 成长股 )
High PE typically. To maintain this story the growth needs to be there to sustain. Below expectation news or even loss may have double blows to the stock price. When I foresee possible slower growth in the future is it time to take something off the table.
This can also be terminated early due to pump and ...
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