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Managing Concentrated Stock Positions
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1:05:49 - 1:06:59 (01:10)

It is risky to sell all your stocks from a concentrated position since it may triple or go up 10x, but you can sell enough to lock in your lifestyle and let the rest ride as per your preference. Adjusting the asset mix by buying more bonds and less stock can also help when stocks are performing better than bonds.

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