/biz/ - Business & Finance

>>30313852
your portfolio looks like you're diversifying for the sake of diversifying.. like you're playing roulette??? You're shopping for tickers instead of actually buying tickers you believe will actually go up

Focus on your highest-conviction plays that you believe give you the best risk-reward. I don't believe for a sec that you're actually following the news and development on each of those tickers
You only diversify because you're starting to risk more than you can afford to lose in one particular play. Big funds diversify because they start to have liquidity issues and have no choice even if they want to focus on their winners

If you can't even feel the conviction to put more than 20% of your portfolio in a company, why are you even bothering to put ANY money into it? Just buy SPY at that point, it will outperform you