Biotech Values

[rfj1862]

I obey this rule almost religiously. In fact, as I've said to Dew before, I'm better at loss cutting than stock picking.

I'd attribute the fact that I haven't lost money on a portfolio basis in the last 5 years almost entirely to the 10% rule. True, I haven't made as much as I could have either.

Learned the hard way--as did many others--in 2000.