50 to 60 Positions! Why? All Diversified Funds are Not Created Equal

Searching for the Right Stocks is no Easy Task

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I’ve never had the confidence to make precise distinctions about which of the stocks we own will go up more than the others. It’s hard enough at any one time just to find 40 stocks that won’t kill you and another ten that will make you money.
Source: http://www.valueinvestorinsight.com/