Uneven Growth
What do you do when your portfolio becomes lopsided? Photo: Alan Murray-Rust. Source: Geograph That’s the challenge that a lot of investors are facing. Facebook and Amazon and the other growth darlings have done so well for so long that they now represent an oversized position in many portfolios. It’s a simple matter of mathematics: If a holding in a 20-stock portfolio doubles in a single year while the rest of the portfolio remains stable, it’s weighting in the portfolio roughly doubles. If that [...]