I am breaking all the diversification rules right now by keeping almost 90% of my money in AIG. I used to hold ARR or AGNC, but I have switched to AIG in Sept 2012.
Portfolio contents at 12/31/2013
AIG (92%) BAC(4%) BRK.B(2%), AGNC (2%) ARR(1.5%)
Invested $1M in May 2009, portfolio now $6.9M~.
Received $1M inheritance, bought high quality "Brand-like" U.S. Companies with a long term outlook. Learning to hedge portfolio by selling $SPY. Trade high risk/reward option setups in cash account.
Co-Founder and Chairman of Stocktwits, Founder of Wallstrip (Acquired by CBS), Managing Member of Lindzon Capital Partners (Hedge Fund) & Managing Member of Social Leverage (an early stage web holding company) ...I have lot's of ideas. Toronto boy.
Full time trader. On Wall St. for over twenty years. Founder long/short hedge fund. Currently manages private accounts and with a long/short strategy. To request my performance, e-mail me at email@example.com
Michael Bigger is an investor and a trader who has been involved with trading technologies for more than twenty years. He runs the Bigger Capital Fund, LP and he manages money for many institutional investors.
Vice President for the American Association of Individual Investors and AAII Journal Editor. Speaker, WSJ Expert Panelist, regular guest on Your MoneyLife (@MoneyLifeShow), author of Better Good than Lucky, and KU alum.