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[sharechat] Position sizing


From: "John Ascroft" <jascroft@jadeworld.com>
Date: Fri, 14 Mar 2003 11:31:47 +1300


Hi,

I also have a copy of Van Tharp (hasn't he sold well!), and value his opinions.

My issue is that for various reasons I have ended up very very overweight in 
SKC. Originally it was one of four equal
portions I
invested, but since then it has risen hugely, and when I have needed to 
withdraw money I have sold other less well
performing
stocks and so forth.

Now... should I sell it down to a more reasonable level within my investment 
mix? why would I sell when it is in an
uptrend (VT
advises against selling part lots of shares in this situation to ensure that 
you let your winners run). If I need more
money out
shortly should I sell some of my best share (SKC) or continue with my current 
policy of selling the ones I see the
least future for.
If I think SKC is so good why shouldn't I put more into it?

What do people think? 


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