Yeah I'd reallocte back into the company if given the opportunity. If the thesis stays in tact ill always be in that business. Sometimes these types of companies have great times to be in them and sometimes watch from the sidelines.
I've not used a stop loss in about 10years to be honest not even trading. I have a long time portfolio of stocks at about 80% roughly and 20% do some trading, no day trading or charting just trading stocks I know well already and may be a swing or momentum build up.
I always balance the portfolio based on being diverse in sectors and styles of investment.
I dont have a particular bias to investment styles. So for me I include some undervalued plays, some dividend payers, some speculative positions, across different sectors etc...fairly concentrated 15-20 ideas at most. Some growth ideas...
I like to look for asymetric ideas where the downside risk may be minimal but upside is massive. So I've never really had No revenue companies in the portfolio hence why I loaded Boss when cash flow was ready. I'd rather be late to the party but an element of derisking is done for me.
I'm always in small and micro caps. Since the GFC I purely focus on the small end of town. Ive held companies thag have become mid caps and large caps but I never start at that end.
Boss is the biggest company I hold but it was under a billion MC when I got in.
Doing this full time i.e. this is my bread and butter I fund lifestyle, live off and operate my whole life purely from investing I tend to adapt and keep it flexible. Dividends help, trading ideas that I know well help create more capital and trimming winners means I always have a good cash allocation ready.
Since being full time from the GFC days, every style, strategy has its day in the sun. In bull runs, trade momentum and load into higher quality growth ideas, in bear markets, fundamentals and valuation with dividends help etc...rinse and repeat.
I cant time shit but after enough bull/bear runs I always trim profits when I think markets are ridiculously high and go to a lot of cash like I did end of 2024, as I like to be cashed up ready for a downturn....
There are far more successful and experienced investors on HC but...
Ive built and sold companies before so I prefer small caps for this reason...almost feels like Public "VC" to me.
BOE Price at posting:
$3.98 Sentiment: Buy Disclosure: Held
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