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No, I concentrate my holdings.

I have about 95% in AAPL, some of that in AAPL options. That approach made me most of my money, it allowed me to retire early, and I see no reason to change. I do not recommend this approach to anybody else, but I'm happy with it.

(just want to speak up for the non-cautious side)
(and yes, my AAPL holdings are down about 40% from their peak a year and a half ago; no big deal)
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