Biggest downer for me has been market-wide drops, and IMO one stock is as good as fifty for countering that. In fact, one's better, because you can sell one faster than ten.
I used to think that bucking diversification was undisciplined of me because so many "experts" said it was the right way to go. Now I'm unapologetic for doing so, and am planning to become more extreme about it.
1. Jack of all stocks, master of none
2. Less stocks, less work
3. KISS
4. Less stocks, less complacency, more safety
Do you know which of your stocks will be the best performer? If not, why not? If so, why are you holding the others?
Just my opinion, for my circumstances and temperament, and I am NO expert.
