By Jocelyn Dubé Listen to the deep-dive discussion – Position Sizing Matters More Than Stock Picking (31:18 min) “You have your best idea and your tenth-best idea in the portfolio at the same weight. Why?” — The Infinite Investor “The idea of excessive diversification is madness. Going into your seventh one rather than putting…
Category: Sizing
Cash as the Infinite Option
Listen to the deep-dive discussion – Cash is the Infinite Option (18:41 min) Cash as the Infinite Option The investment industry has a phrase for uninvested capital: “cash on the sidelines.” The metaphor reveals how the industry views cash—as a spectator, waiting to get in the game. During the era of near-zero interest rates,…