Stock Picks Bob's Advice
WMS Industries (WMS), "Filling Station" by Elizabeth Bishop, and Sizing of Investments
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:35:02
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Sinopsis
In tonight's podcast, I read a poem, "Filling Station" by Elizabeth Bishop, discuss WMS Industries (WMS), a stock that I hold in my trading portfolio, and talk about how a bear market has affected my own portfolio management strategy. How I now allow initial purchases in my 5 position minimum to incur a 16% loss before selling, and how I replace those minimum holdings with smaller positions and now replace new positions in the 6 to 20 position portion of my portfolio at larger size based on the other positions.