RE:RE:RE:OEMs on a tearJethroBodine123, I no longer have all my eggs in one basket. I agree that it is risky to hold only one stock because you never what can happen -- no company can shield themselves from unforseen business risks. That being said, I still feel comfortable having 75% of my portfolio in Kelso especially after management has constantly done what they've said. I will only be a seller when management stops doing what they say or the story changes. It's already hard enough to find winners as it is, so I'd rather let my winners run, even if that means the stock dropping temporarily. The only other possible reason for me to sell would be if I find an even better stock and I need some capital to invest in it.
What you must also understand is I'm only 21 years old, so it's not like I have tons of capital to work with as most older people do. I have to be very selective since I have more much ideas than I have money. Either way, even with more money, I'd still take concentrated positions because it only seems logical to me to only invest in your best ideas (one to three per year).