Trade Alert/Portfolio Cleanup (Selling some, And Some Puts)

Trade Alert/Portfolio Cleanup (Selling some, And Some Puts)
Photo by Brian Yurasits / Unsplash

Bryce here. Cody is on the road today and we are just writing to share some portfolio cleanup that we did today. Several times a year we usually end up going through the entire portfolio and axing a few names just to keep the portfolio from becoming unwieldy. Over-diversification can actually become a hindrance to performance and part of good portfolio management is being disciplined enough to stay in the stocks that you have the highest conviction in and move on from those that you don’t.