My entire holding in 10 stocks, varies from 3% to 30%
CCP sits at 25% my usual philosophy the bigger the management holding in the company
the bigger my holding should be in the same business and management hold an awful lot
of shares in CCP ... Management and Shareholder interest on the same path.
The higher the concentration the higher usually my return, I start out with 25 over the year I trim back
to business I like best and concentrate on them ... too many stock I don't have enough time to keep tabs on their business. If I see something I don't like I exit and keep cash and wait for another fat pitch
I am very much cash up 25% of of my money now in cash since last month ..sit there earn 2-3% until the fat pitch comes along, most people said keeping cash is bad but I prefer Warren definition and it sound wonderful having cash and I am big in options as well so that definition has a nice tone to it.
"cash - a call option with no expiration date, an option on every asset class, with no strike price.” Warren Buffett
CCP Price at posting:
$9.15 Sentiment: Buy Disclosure: Held
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my usual philosophy the bigger the management holding in the company
(20min delay)