If I Could Only Own 3 Stocks For The Next Decade
Agnico Eagle(AEM) Seeking Alpha·2024-06-13 11:04
DNY59 Berkshire Hathaway's (BRK.A)(BRK.B) Charlie Munger believed strongly in the power of concentrated portfolios, holding only a few stocks outside of his BRK.A stock, such as Alibaba (BABA) and Costco (COST). Personally, I like to diversify beyond just a few holdings and generally hold about two dozen stocks in my portfolio at any given time, given that my strategy relies heavily on opportunistic capital recycling rather than purely buying and holding stocks for decades to come. However, there is a lot t ...