So the question for me is, do I stay in them or just cut my losses?
That is where I differ from you, you saw the changes and got out, well done.
But Erik, the question is what do you do NOW, when the prices are way down? Even if you understand the reasons they are down. While it’s against my general principles (which are to invest in companies without a lot of static), I wonder whether a position spread between these five might not do well over a couple of years. Two or three would probably go nowhere, or a little down, or a little up, but the other two or three might be back up a bunch in a couple of years. Trying to decide whether this would be a better bet, or whether it would be better to stick with the successful stocks I already have, which I believe will be higher in two years for sure. Not a clear decision at all.
Saul