Momenta Pharmaceuticals, Inc. (MNTA)

[tinkershaw]

Investorgold it looks like you know what you are doing. I have been 100% a stock before on 2 or 3 occasions, but have decided that one should at least have 2 positions becuase a 90% drop in one is only a 45% drop overall, 50% is a 25%, etc., it is at least not catastrophic.

But I don't want others to mimic me, because I have my own reasons as to what and how I do it, and most people cannot duplicate it. I like MNTA, hold a heck of a lot of it, but beyond that I'm not telling my portfolio weightings or holdings because it would be of no value to anyone. Often my largest position performs least well. But yes, I am much less diversified than most, but that may not be a smart thing at all. Depends on what time frame your discussing.

Holding 4 or 5 different companies I can live with when giving any sort of input to people. And it makes sense for many active investors, more so than holding 20 or more. But each person needs to fine their own balance between greed and risk, and just remember to catch yourself when your brain goes into "fantasy land". Sometimes it is difficult to ascertain the difference between what you "know" and your gut tells you, and what you just wish and pray will happen. Invest in what you know and your gut tells you, and stay away from what you wish and pray will happen. Tough to distinguish sometimes, but if you can do it, it pays off.

Tinker