I’ve started trading options (Saul does not trade options for a variety of good reasons). I’ve decided that if someone will pay me to buy a stock I would like to own for waiting a month or so, why not sell a cash-covered put?.
Everyone here agrees that Saul has done a remarkable job growing his portfolio fro the past 30 years or so. It is a remarkable achievement and many here are trying to duplicate the growth in their personal portfolios. The problem appears to be everyone IMHO wants to know everything about everything and is willing to buy anything even if they don’t have the knowledge in all those those areas. They appear to be willing to buy bits and pieces of a multitude of stocks to a point where they can’t watch all of them. The small bits and pieces (1%-2% each) will never make you the money you want. Saul has about 15 companies in his portfolio. By definition that means he has placed real money (30 years of exponential growth less expenses deducted over the years) on his portfolio stocks Saul has about 15 securities in his portfolio, not because there is a shortage of stocks to buy—It is because I think he feels that about 15 stocks is a reasonable amount of securities to make a lot of money in a reasonable time frame.
I run a focused portfolio and I’m happy with it. I have to believe that Saul probably is also.
Good luck and Happy New Year to all
b&w