I was going for more of: Does author have this level of concentration in a portfolio which is consequencal to his standard of living / lives of returns, vs a smaller portion of his wealth or just a smaller nominal amount along a job.
One thing having 5 names with a small portfolio vs living fully off the returns of a portfolio
Respect the concentration and commitment. (I hold two of these as 1st and 3rd largest positions, so maybe a bit biased also)
Do you live off your portfolio returns or plan to in the future?
Great question for the author: how do you pay for life if you never sell? :) love the content, thanks!
I was going for more of: Does author have this level of concentration in a portfolio which is consequencal to his standard of living / lives of returns, vs a smaller portion of his wealth or just a smaller nominal amount along a job.
One thing having 5 names with a small portfolio vs living fully off the returns of a portfolio
Thanks, guys. If I lose 100% of the capital invested I can carry on living modestly.
But this portfolio is the vehicle via which I aspire to go beyond that, over the long term.
Few books or articles help shape one's thought process, and this article really had an impact on me. Thank you for sharing your gift, Antonio.
Much appreciated, Anton. Made my day.