StackedOut’n’Vibing
cardboard peasant
very cool, don’t bother shorting ever? How do you break up your portfolio? Do you keep track of correlation when having so many individual stocks?My wife and I hold 60-70 long positions and use options (puts and calls) (buy and sell) to hedge our investments. When you get on the right side it seems like stealing. When you get caught it's important to admit it and take the hit. In 20ish years of investing this way, our returns are better than the average and protected against the big hit. To me it's mental exercise.
I have learned the hard way the importance of risk management lol. Suppose that’s how most people do.
The markets are the most interesting puzzle in the world.