Ep. 115: Scott St. Clair: Why Position Sizing Is The Key To Real Outperformance
Investing With IBD
00:00
How to Scale in and Scale Out Oil and Gas Stocks
I prefer to have larger positions. I like 10% as a starting position because it's enough. And then, you know, I'm big on scaling in and scaling out. Unless the stock is acting really poorly, I rarely get out of anything in one fell swoop. What made me pick this topic is I was listening to Joel Greenblatt, who's a hedge fund manager and in billionaire. He said position size is everything. It's the most important thing.
Transcript
Play full episode
