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No. of Recommendations: 5
My thinking (that I have mentioned on other boards) is that the purpose of my portfolio is to increase my wealth.

I have invested in Gilead (for disclosure, I just checked and I have a position in a taxable trust account for the benefit of my wife that is up, and a position in an IRA account that is down).

If the team thinks that doing covered calls against Gilead is the best opportunity, then let's do that. If they think that liquidating the Gilead and putting that capital into something else is a better opportunity, then let's do that.

The goal is to achieve north star returns on the portfolio,NOT a to achieve north star returns on Gilead.

That is why I don't even like the term "stock repair".

See positions at:
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