$Meta Platforms, Inc.(META)$
For me, if the stock is truly high quality, totally exceptional and offering a sizable return potential, it's not going to be under 1%, it'll be 5-20%.
How many more METAs are there that you're saving the other 99.3% of your portfolio for? Is the other 99.3% of your portfolio better than META? I use that line of thinking a lot to figure out what is quality and where my capital should be concentrated.
I get it's a starter position, but at that rate it will take you a long time to allocate even 3% to it.
Munger: "The whole point of investing is to find a company you don't have to diversify away from."
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