Homepage
PR Newswire
28-10-2013, 11:46 AM
(18-09-2013, 10:16 PM)opmi Wrote: What the point of getting a 5 baggers when it is only 1% of portfolio?
Aggregate is probably using law of averages. 100 X 1% bets. On average, they should come out ahead.
IF their system has an % edge over the market. AND they are disciplined enough to follow the system strictly.
Maybe that why their company is called Aggregate. Cannot possibly be named Average Investment Mgt??! Haha.
It is pretty well establised literature that effect of diversification drop off dramatically after 25-30. I'm not sure what's so magical about the number 100 except psychologically.
Think it all buoys down to whether one thinks it is riskier to have 100 stocks that u know little about, or 10 stocks that you know a lot about.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)