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How to Win to Take Profits
If you're going to be a stock picker and that's the method you choose to go, it's really hard because you've already figured out you got to get two things really, really right. One in the hand is worth two in the bushman. If this is more than five or if this individual holding is more than 5-10% of my total portfolio value, even if I don't know exactly when I'm going to exit, I should have an exit strategy. You'll reward yourself when you get to step eight of the financial order of operations or a few hundred thousand dollars that you can go ahead and allocate today.