club_cafe: Common # of Positions?
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club_cafe: Common # of Positions? In a message dated 2/9/2005 6:55:36 P.M. Eastern Standard Time,
pellwood@bivio.com writes:
How many stocks does your club own? Are there any Yes, the maximum should not exceed the number you are capable of following
closely with the number of members you have.
Ira Smilovitz IraS1@aol.com wrote: > In a message dated 2/9/2005 6:55:36 P.M. Eastern Standard Time, > pellwood@bivio.com writes: > How many > stocks does your club own? Are there any > guidelines on the maximum > number a club should not exceed? > > > Yes, the maximum should not exceed the number you are capable of following > closely with the number of members you have. > > Ira Smilovitz My club has capped the number of stocks at 20, or 2*number of members, which ever is less. The reason for this, beyond what Ira said, is to force us to perform portfolio management. Bob Mann |
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