I'm sure others may disagree but I'd prefer a more cautious approach. I am against concentrated portfolio because most average investors don't have the skills and resources for that. Having said that, if you are running a concentrated portfolio, most likely you would not invest heavily in a company like HP.BTW, what happened here is not a case of just fraud, we will come to know how much of it is fraud, but gross serious incompetence at the management and board level. You can't make a purchase and write off 90% in such a short time and that is $9B, and sometime back they pi$$ed off $1B on Palm.The incompetence at this company is freaking unbelievable.
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