Attended a Session by Prof Sanjay Bakshi yesterday organized by CFA society and the topic was related to this blog. Position sizing and portfolio construction.

Professor addressed this issue and mentioned valeant position was allowed to grow upto 30% of the portfolio, which is crazy.

According to him, a good risk management entails systematically pruning the branches that have grown 2 big.

While standing next to his partner (Paresh Thakker), he said sleep is very important, we like sleeping, NOT TOGETHER, we have different partners for that.

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Insights for DIY investors on Risk management, Option strategies, Special Situations & Momentum.

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