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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: DownSouth who wrote (4766)8/10/1999 9:56:00 PM
From: Mike Buckley  Respond to of 54805
 
I have narrowed my holdings from about 20 stocks down to about 8...

I read years ago that a diversified portfolio of 8 stocks has 90% of the diversification of a portfolio of 16 stocks. Armed with that statistic, anything more than 8 to 10 stocks only makes it harder to beat the indexes.

--Mike Buckley