The Importance of Overlapping Stocks

Scott and Ram: Let's hear from our listeners. Dan says he owns shares in both adares and temple and web star. Is this overlap something worth considering? If it turns out that those two combined, or just as my general exposure, make up a number 30, 40% plus, it becomes a much more significant consideration. But I'm very much a bottom up stock picker. And if I've looked at each of these individual businesses and combined, they're not really distorting the weighting of the portfolio.