Readers will know that I dabble with active investing – I pick stocks.
Lord, make me passive, but not yet
Rather like The Investor at Monevator, I firmly believe in the merits of low cost index tracking as an investment strategy, but I also enjoy the thrills / intellectual excitement of deviating from the true path.
Over the years I have owned dozens of ‘single line’ stocks. These days, partly due to my competing desire to reduce complexity, I have a rather simpler portfolio with ‘only’ around 25 single company holdings.
One question I have wondered about for a while is: what happened to those stocks I used to own, but have ‘exited’? Was I right to exit them? Are the stocks I continue to hold better than the ones I used to own?
A full analysis of this question is beyond the scope of my blog or, for that matter, my abilities.
But let’s start with Facebook.
Continue reading “My exits – a post mortem”
FIRE v London 