I am breaking all the diversification rules right now by keeping almost 90% of my money in one stock. I used to hold ARR or AGNC, but I have since switched to AIG.
Portfolio contents at 5/29/2013:
AIG (88%), BAC(4%), AGNC (3%), BRK.B(2%), ARR(2%)
Long-term-trader who since ’89 avoids noise, manages risk, trades price trends, welcomes breakouts & follows mostly WEEKLY Charts — not crowds; Less commentary, no predictions, more trades.
I first started trend following 18 years ago. I wanted to know who was succeeding and what they were doing. My broker told me the most successful client of his company was a dentist who trend followed.
lose the ego/opinions! search for best fundamentals and study price/volume action for best entries.
no recommendations, just ideas and examples. do your own research and know your own timeframes. A butterfly causing a tsunami