GREY:XEBEQ - Post by User
Comment by
ZouZS3on Oct 08, 2020 1:49pm
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Post# 31689680
RE:RE:RE:RE:Big Deal
RE:RE:RE:RE:Big DealMarketwatch9 said: I just give you an advice. Never get to overoptimistic about one stock. Having 100% in one stock is very risky. I love XBC and have an important position but not silly enough to be all-in on it. Just remeber Nortel and Bre-X a lot of people was saying the same thing as you....
fogduckker wrote: Treehill you said " to keep XBC from being too overweight. However, there are worse problems in life than having an unbalanced portfolio"
Treehill think of what Buffet said and I am pharaprazing " Diversification is for investors that do not know what they are doing, it is for those that are not confident in their DD"
He also said that when you get the perfect pitch that you need to swing like you want to rip the cowhide off. Look at his weighting in Apple. As TT has been implying for a long time - XBC is the perfect pitch!!
Mark Cuban has also said something along the lines that diversification is for "pussies"
This is my answer