E_K_S. Looking at my top holdings over several portfolios, the two subsectors that stick out now are refineries and Business Development Companies.
As is my tactic, I like to look around and diversify within a sector, if I find one stock I like in the sector. In a cursory look, it seems I started buying the main BDC stocks in 1999, added a couple others a few years later, and when it seemed to me I had enough of those, people on this thread this past year suggested other BDC's to look at. I have bought almost all of them - mostly all in exploratory amounts.
GI wasn't the only downtrodden refiner in 2002. I bought several. And subsequently I added to positions in a couple.
Missed a few too (aside: I should have held on to your MRO @ $24, Spekulatius!); there were some that I ignored (I can't figure out why now); there were some I didn't know existed. (I only recently have a few shares of DK.)
Cumulating other stocks, depending on what one includes or excludes, I guess major and minor oils are a big component of several of my portfolios now. So for example, while I can't say I have a big position in XOM, I can say that if I add my XOM to my OXY, to CHV, to COP, to E to PBR to PTR to etc. etc. etc. that's a big slice of my pie of stocks. Most of these bought and added to since 2004. |
