$Palantir Technologies Inc.(PLTR)$
Currently my portfolio is 61.5% PLTR and 38.5% RKLB.
But I need to repeat this for my newer followers: I’m not crazy and I’m not Yoloing into these stocks.
But I don’t diversify for diversifications sake.
Let me explain.
My goal is to have ca 10 companies that I’m invested in with ca $100 k starting positions. I will be adding this money over time to the broker account.
When I feel confident in a company I invest. But for me to be confident it takes 100s of hours of DD and studying about the company. And the valuation also has to be right.
So the first company I felt this with was $PLTR and I built out my position with an average cost of $8.74.
After doing the same work I feel the same about $RKLB. But now my position is built out.
Now it’s time to find a 3rd one, but I’m not rushing. The confidence has to be there and the price has to be right.
So I’m not for Yoloing your portfolio into 1 or 2 stocks, but I don’t diversify just to diversify!
I also think that a concentrated portfolio is where the retail investor can get a true edge over Wall Street.
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