From the post above in reference to consideration of “when to sell.” This is one that really doesn’t square with me. Maybe a typo….maybe not? My 2cents…. Would be a consideration when a stock HAS grown too large in position. In other words, if a portfolio may live or die based on one holding, then you really don’t have a portfolio. This doesn’t necessarily mean that an investor must completely sell the company. One can still hold it, but reduce some exposure. As the article suggests, it is a good idea to have some sort of plan or idea on your management of positions when you add them. Even periodic reviews will help keep an eye on things so that you are not in the thick of it trying to figure it out.
Right now my portfolio is extremely heavy on NVDA. It did not start that way. I had more companies that I invested in right after the infamous COVID dip. As time went on, it became clear to me that NVDA was the leader in the AI revolution... the seller of shovels, if you will. It was a very obvious sign that no matter what happened to the companies buying NVDA's chips, the sale was done, and NVDA was the main benefactor. With this in mind (and very trackable lagging of my other holdings), I sold off a lot of the companies I felt that would be laggards or not part of the feeding frenzy and put the proceeds into NVDA. Thus far, it has worked pretty well. That is all to say that I very much agree with the quote, “Selling your winners and holding your losers is like cutting the flowers and watering the weeds.” I see it all the time on other boards, "Time to take profits off the table and diversify." Why? Let the action play out, and when the winds of change happen or the current runner starts lagging then sell. Otherwise you left all that gain on the table out of fear. As long as one keeps their ear to the ground and watches macro trends, the loss of selling a bit late into a company's decline is much less than selling too early and sacrificing all that gain. Jensen is still in charge and as hungry as ever. NVDA is getting into everything to keep the moat as wide as can be. I see absolutely no signs of slowing, and so I will sit tight and let it all play out with both eyes open for change. Ride the wave, as W so often states I would be remiss if I did not point out that the same signs are there for PLTR. Zukodany called it from the beginning, but I just cannot bring myself to invest in a company I view as evil. There's corporate evil, and then there is 1984 evil. I refuse to invest in 1984 evil.
