Re: Gold Move- Katusa Research
I appreciate your candor, typically when I hear a strong opinion like yours it makes me pause. If I hear others say the same thing then its really got legs. I have not been in the sector anywhere near that long but mining sector is well known for notorious bait and switch double dealing behavior for a quick buck.
I like the more is better portfolio with under 4% limit in each stock position, that pretty much mitigates the risk to one stock blowing up your capital. Of course that waters down the time I can spend watching over the nest egg but like my Aunt Betty said, you can't bake a good cake without breaking a few eggs.
If you get the right sector at the right time and spread out the risk, a few bad apples won't spoil the barrel.