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February 2023 Mailbag: What's Past is Prologue

Rule Breaker Investing

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Is the Sleep Number Working for You?

Jim Mueller: I would probably cheat the question a little bit and maybe just trim an equal percentage across all three, unless there is a single one or two companies in there that you really aren't losing any sleep. For me, barring a single company where it's top of mind, where you want to own more and more of that company within your portfolio, my personal leaning would be trim an equal amount across all three as a starting point. Jim Mueller: Write a journal entry to yourself about that, and then reflect back later on to see whether you were right or wrong or what you can learn from that.

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