Never go “all-in” on a single position.
In the clip above, Hedgeye CEO Keith McCullough discusses this important lesson, and how he builds a core investing position and then trades around it.
“I appreciate that we do have some subscribers who might not have a lot of capital and they’ve been taught to gamble, more or less, and they’ll have 10% of their capital in a short position,” McCullough explains.
“Don’t do that. Have rules. Commit to them.”
Watch the full clip above for more insight.