@Gaara42, Personally, my style is "put in a few basket (5 - 1- stocks)", not diversifying. Focus is my mantra, since it enable me to rise faster (and of course, drop faster). So far, this investment strategy is doing OK for me.
I am considering changing the above mentioned tactic, since I feel that with bigger networth, I need to diversify more, otherwise, once I mispredict something, I could lose most of my networth.
My unfortunate colleague from NeoGAF lost almost 50% of his networth today, and I most assuredly try to avoid that situation (by diversifying).
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Personally, my style is "put in a few basket (5 - 1- stocks)", not diversifying. Focus is my mantra, since it enable me to rise faster (and of course, drop faster). So far, this investment strategy is doing OK for me.
I am considering changing the above mentioned tactic, since I feel that with bigger networth, I need to diversify more, otherwise, once I mispredict something, I could lose most of my networth.
My unfortunate colleague from NeoGAF lost almost 50% of his networth today, and I most assuredly try to avoid that situation (by diversifying).