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Re: fung_derf post# 3608

Friday, 03/17/2017 4:29:25 PM

Friday, March 17, 2017 4:29:25 PM

Post# of 3827
I have no idea what others have in their investment portfolios, never think about it.

Routinely I'll divulge my position sizes as I believe it helps some folks gain a sense of perspective once they've gotten used to the idea of putting meaningful cash on the line. I also make mention of the cost basis as it plays big-time in my investing style. And, of course, when opportunities surface for strengthening position sizes and/or cost bases, I point out pertinent particulars regarding follow-on purchases.

If there's any substance whatsoever to a discussion of portfolio size, I think it stands to reason that it does matter, now that I think about it. So many investors look at a portfolio of $100K or twice or treble that and figure they'll never hit those numbers. But it needs not be so desperate. I well remember starting with $60K and building it to many times that amount. Such things do happen and they are hardly miracles.
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