Curious if anyone has invested a big amount in one stock let’s say buying 150k of CRWD in may based on gut or conviction however you may put it. Want to have a discussion around lessons learnt and ways to derisk.

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Concentration creates wealth and diversification protects wealth. If you have high conviction in an investment, nothing wrong with placing a concentrated bet, I see that all the time with sophisticated investors. Personally, $100k is my biggest single stock position.

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ACN

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Why would you want to do that? I guess you can do it if you make substantially more and that is just play money to you.

Don’t really make a ton actually - 250k. it’s having concentrated bets to help focus on few ideas rather than being all over the place. Again need to research themes eg cybersecurity emerged as a key theme last year, retail when things started to open etc

Lots of people do this and they create a lot of FOMO. Check out Wall Street Bets. Honestly pretty easy to throw a bunch of money into a small cap hypergrowth stock. And make a lot. Or lose a lot.

CRWD trades at a high premium so I wouldn’t have put that much in it. I put like $20k and rode it 30%

Honestly, it’s the smaller bets in high beta stuff (eg. Crypto) that tend to do the best for me. I’m naturally maybe a little more risk averse and have an active imagination, so I’d have trouble going all in on a single stock, except Accenture where i work, which i trust as a slightly more volatile market proxy and there’s tax implications to selling.

I have large positions in index funds though including some specific sectors like VGT or leveraged stuff like TQQQ. And if i were to take a giant position I’d probably feel reasonably comfortable doing it in a faaang stock.

The M is fine too. You know what i mean.

I own CRWD I’m a believer it’s a good bet but have a feeling it will be a roller coaster for a bit

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