Never used the word de-risk. I simply sold up to 75% of my holdings from time to time and bought back at a cheaper price. Ths system stuffs up only when you are caught short and co. goes into a trading halt and the sp suddenly takes off. I know what your thinking - that this scenario could take place tomorrow. I dont think so. In any event, I have made the equivalent of about 22 cents over past six months in real terms. Under 17c tomorrow and I will be back to 100% holding target.
gamesmanship, page-28
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