You must be my twin brother before we were separated at birth....

You must be my twin brother before we were separated at birth. Yep, I took profits on NAB and ANZ a few times this year- but they were a hold.

Retail investors, according to the peer reviewed experts, have a habit of selling winners and feeding losers.

If we are attracted to low PE numbers and MVs that are less than EVs then we will continually choose the under performers. I see that in my own trading and portfolio. Holding COL rather than WOW. BOQ and WBC rather than CBA. EHL rather than NWH. Avoiding CSL, WES, BHP etc.

I bought CBA but could only hold it for two days- took slightest profit- with the PE it felt like being at the top of a rickety ladder.

Anyway, I build a portfolio around why own tolerance for risk- and I make it work for me- probably would not work for someone else.

Ramble over for the day. See you all in the sand pit again Monday morning.

IMHO DYOR