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Author: FrugalSpeculator Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6729  
Subject: Re: when to say when Date: 12/8/2001 11:06 PM
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Rather than trying to come up with a magic number of stocks to own, why not try to decide on the max percentage for a single stock and consider the following:

Some day you will probably find a great stock trading at a great price, which all your research and due diligence will confirm is a great stock. However, after buying it, you will relize _______ and witness the whole thing go belly up and most every dollar you put into it will be gone.

In other words, how much of your port do you care to lose on a single stock?

FS
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