{"id":42529,"date":"2018-04-18T08:57:54","date_gmt":"2018-04-18T12:57:54","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=42529"},"modified":"2018-04-18T08:57:54","modified_gmt":"2018-04-18T12:57:54","slug":"allocation-diversification-and-industries-not-to-touch","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=42529","title":{"rendered":"Allocation, Diversification and Industries not to touch"},"content":{"rendered":"<p style=\"text-align: left;\">There are two steps to investing: Pick the stocks you want. Figure out how much to put into each of them.<\/p>\n<p style=\"text-align: left;\">On the right of my web site, I list\u00a0STOCKS, ETFS AND FUNDS WE LIKE &amp; OWN.<\/p>\n<p style=\"text-align: left;\">But it&#8217;s a list. It doesn&#8217;t say how much you should put into each one. So, last night (after a very good day yesterday), I thought I&#8217;d publish my own 15 biggest holdings in order. Amazon is the largest. It didn&#8217;t start that way. Amazon has risen a lot recently. Hence it&#8217;s ascended my list, by value. Here&#8217;s my list:<\/p>\n<p style=\"text-align: left;\">AMZN<br \/>\nBRKA<br \/>\nSQ<br \/>\nNFLX<br \/>\nUNH<br \/>\nNVDA<br \/>\nBABA<br \/>\nAAPL<br \/>\nSPY<br \/>\nCRM<br \/>\nGOOGLE<br \/>\nCENT<br \/>\nMSFT<br \/>\nADBE<br \/>\nHD<\/p>\n<p style=\"text-align: left;\">Here&#8217;s Ed&#8217;s top 15, in order:<\/p>\n<p style=\"text-align: left;\">FB<br \/>\nGOOGLE<br \/>\nAMZN<br \/>\nMSFT<br \/>\nNVIDIA<br \/>\nNETFLIX<br \/>\nMA (Mastercard)<br \/>\nUNH<br \/>\nSQ<br \/>\nDELTA Airines<br \/>\nNorthrup<br \/>\nLMT<br \/>\nBOEING<br \/>\nTENCENT<br \/>\nPriceline now called Booking Holdings BKNG<br \/>\nADBE<br \/>\nCRM<br \/>\nWorkday WDAY<\/p>\n<p style=\"text-align: left;\">Ed, who&#8217;s a very good investor, loves FB. He&#8217;s owned it for eons. It&#8217;s skyrocketed in price. Hence it&#8217;s now at the top of his list.<\/p>\n<p style=\"text-align: left;\">You&#8217;ll notice that Ed and I are diversified in different ways. But we&#8217;re both heavily into tech.<\/p>\n<p style=\"text-align: left;\">Is this all useful? My full\u00a0list is the right hand column. Pick your own poison. Click <a href=\"https:\/\/www.technologyinvestor.com\/\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Industries not to touch, for now.<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">When I first came to the U.S. &#8212; exactly fifty years ago &#8212; my boss said &#8220;<em>You&#8217;ll love the Americans. Just like you, they substitute enthusiasm for intelligence.<\/em>&#8221; At that time there were more opportunities than capital to finance them. Now we have more money and fewer decent opportunities. But still the same enthusiasm.<\/p>\n<p style=\"text-align: left;\">Hence we&#8217;re always looking for the latest, greatest &#8220;quick hit.&#8221; What they call a ten-bagger.<\/p>\n<p style=\"text-align: left;\">Ten-baggers exist, but they&#8217;re increasingly rare. Generally, returns on everything &#8212; from hedge funds to venture funds &#8212; have dropped. BubbleVision (CNBC, etc.) is always plugging hot opportunities. If you had 24 hours a day to fill with financial news, you would too. Here are the latest &#8220;opportunities&#8221; that I&#8217;d be leery of.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Marijuana, in any form. I just returned from a part of California where they&#8217;re building 100,000 square foot marijuana growing factories like there was no tomorrow. I know of one place they&#8217;re planning a million square foot factory. That one factory will be enough to keep everyone in California high forever. Predictably, the price of marijuana and all its byproducts is dropping like a stone. Pot companies are already going broke.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Gold, in any form. Miners and bullion are &#8220;hot.&#8221; But they&#8217;re not going anywhere long-term. I don&#8217;t play this for short-term. Too hard on my soul.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Crypto-currencies like bitcoin. A flash in the pan. A desperate play.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ GE, 3M, Chubb. IBM and lots of old-line companies that have grown far too big. Nothing they can do &#8212; apart from splitting up &#8212; can move their profit needle.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Useful Tips<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Backup generators are good <strong>IF <\/strong>you remember to keep their fuel tanks full. <strong>If <\/strong>you remember to start them every two weeks<strong>. <\/strong>And &#8212; most importantly,<strong> IF <\/strong>you replace their car battery every year. Their batteries blow up regularly. Trust me on this one. I&#8217;ve had two blow up in the last three years.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Best airline tip:\u00a0Get a <strong>Known Traveler Number<\/strong>. Lets you get into the PreCheck line. Saves huge time boarding a plane in the U.S.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Never buy a laptop without first checking its screen and how your favorite software runs on it.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>For only $100,000 you can be 100% off the grid<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">You can become every electric utility&#8217;s nightmare.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OffTheGrid.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42534\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OffTheGrid.jpg\" alt=\"OffTheGrid\" width=\"760\" height=\"329\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OffTheGrid.jpg 760w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OffTheGrid-300x130.jpg 300w\" sizes=\"auto, (max-width: 760px) 100vw, 760px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Upstairs are two bedroom lofts. It&#8217;s light and airy. Susan says we have &#8220;too much stuff.&#8221; Should we buy one of these and a pickup truck to drag it around to beautiful places?<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OfftheGrid2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42536\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OfftheGrid2.jpg\" alt=\"OfftheGrid2\" width=\"771\" height=\"515\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OfftheGrid2.jpg 771w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OfftheGrid2-300x200.jpg 300w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/OfftheGrid2-768x513.jpg 768w\" sizes=\"auto, (max-width: 771px) 100vw, 771px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">For more click <strong><a href=\"https:\/\/newatlas.com\/timbercraft-tiny-homes-cedar-house\/54225\/?utm_medium=email&amp;utm_campaign=2018-04-17%20142137%20USA%20Daily%20Basic%202018-04-17%20143223%20Luxury%20tiny%20house%20sleeps%20up%20to%20four%20people%20off-the-grid&amp;utm_content=2018-04-17%20142137%20USA%20Daily%20Basic%202018-04-17%20143223%20Luxury%20tiny%20house%20sleeps%20up%20to%20four%20people%20off-the-grid+CID_410c189ee5a4fa08e1618619eced48d1&amp;utm_source=Campaign%20Monitor&amp;utm_term=Luxury%20tiny%20house%20sleeps%20up%20to%20four%20people%20off-the-grid\" target=\"_blank\">here.<\/a>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">Update on Airline Travel Tips.<\/span><\/strong><\/p>\n<p style=\"text-align: left;\">From <strong><a href=\"https:\/\/anywheretravel.com.au\/\" target=\"_blank\">Anywhere Travel,<\/a><\/strong> an excellent travel agency in Australia run by my sister, Barbara Whitten.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Fly\u00a0Tuesday or Wednesday. It&#8217;s usually cheaper.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Websites often do not offer the best connections &#8211; sometimes milk runs with very long layovers<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Website fares have to be booked and paid at the same time. Travel agents can hold seats for a few days.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ When you go to an aggregator like Kayak etc the fares are not guaranteed. It&#8217;s only when you get to the last lines that you see the conditions and extras charged.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Complicated flight itineraries cannot be booked via a website or even with the airline&#8217;s own site. Agents break down the fares and look at different options .<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Agents often get special fares, being part of buying groups &#8212; often cheaper than on the airlines&#8217; own sites.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Once booked via a website, there is no assistance after you&#8217;ve started your trip.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Travel agents are a one-stop shop as they can coordinate flights\/transfers\/cars\/trains etc<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Redemption bookings &#8212; hard to co-ordinate and use points to the best advantage. My sister offers this service and suggests the best frequent flyer programs.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Always ask about buying upgrades &#8212; when you check-in online or at the airport.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Early fares are generally cheaper than fares bought later.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Take copies of your tickets. You won&#8217;t need them most places but my sister had to show them in India and Vietnam.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ International tickets are better booked as returns rather than one-ways.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Currency differences may make it cheaper to buy tickets ex London rather than ex Paris.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Travel agents often have more pull with airlines than you do as a solitary traveler.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ If your flattery at the check-in counter doesn&#8217;t get you an upgrade,\u00a0ask\u00a0the head staff member of the cabin crew. That can work.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ If you&#8217;re unhappy with your assigned seat, move immediately they close the plane&#8217;s door.<\/p>\n<p style=\"text-align: left;\">The original list of <strong>Harry&#8217;s Best Airline Tips<\/strong> airline tips was <a href=\"https:\/\/www.technologyinvestor.com\/?p=42492\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\">T<span style=\"color: #0000ff;\"><strong>he Wedding<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">A police officer in a small town stopped a motorist who was speeding down Main Street.<\/p>\n<p style=\"text-align: left;\">&#8220;But officer,&#8221; the man began, &#8220;I can explain.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Just be quiet,&#8221; snapped the officer. &#8220;I&#8217;m going to let you cool your heels in jail until the chief gets back&#8230;&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;But officer, I just wanted to say&#8230;.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;And I said to keep quiet! You&#8217;re going to jail!&#8221;<\/p>\n<p style=\"text-align: left;\">A few hours later the officer looked in on his prisoner and said, &#8220;Lucky for you that the chief is at his daughter&#8217;s wedding. He&#8217;ll be in a good mood when he gets back.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Don&#8217;t count on it,&#8221; answered the fellow in the cell. &#8220;I&#8217;m the groom.&#8221;<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Effective Suicide Counseling<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">A desperate looking woman stood poised on the edge of a high cliff about to jump off.<\/p>\n<p style=\"text-align: left;\">A filthy tramp stopped by.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Bum.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42545\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Bum.jpg\" alt=\"Bum\" width=\"443\" height=\"345\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Bum.jpg 443w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Bum-300x234.jpg 300w\" sizes=\"auto, (max-width: 443px) 100vw, 443px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">He said, &#8220;Look, since you&#8217;ll be dead in a few minutes, how about a little sex before you go?&#8221;<\/p>\n<p style=\"text-align: left;\">She screamed, &#8220;NO way. Get lost you filthy old bastard!&#8221;<\/p>\n<p style=\"text-align: left;\">He shrugged, turned away and said,\u00a0&#8220;Okay, I&#8217;ll just go and wait at the bottom.&#8221;<\/p>\n<p style=\"text-align: left;\">She didn&#8217;t jump.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Don&#8217;t do stupid<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid3.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42539\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid3.png\" alt=\"Stupid3\" width=\"449\" height=\"600\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid3.png 449w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid3-225x300.png 225w\" sizes=\"auto, (max-width: 449px) 100vw, 449px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42540\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid2.png\" alt=\"Stupid2\" width=\"640\" height=\"446\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid2.png 640w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid2-300x209.png 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42541\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid1.png\" alt=\"Stupid1\" width=\"640\" height=\"480\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid1.png 640w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/04\/Stupid1-300x225.png 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">They live among us. And they vote.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21218\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\" alt=\"HarryNewton\" width=\"200\" height=\"199\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg 200w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><br \/>\nHarry Newton, who is turned off Comey. Don&#8217;t waste your time watching his book tour interviews. He&#8217;s totally insufferable. He has poor judgment. His book tour is destroying is credibility, or what little remains of it.<\/p>\n<p><script>\/\/ <![CDATA[\n(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){\n  (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),\n  m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)\n  })(window,document,'script','\/\/www.google-analytics.com\/analytics.js','ga');\n\n  ga('create', 'UA-45200733-1', 'technologyinvestor.com');\n  ga('send', 'pageview');\n<\/script>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two steps to investing: Pick the stocks you want. Figure out how much to put into each of them. On the right of my web site, I list\u00a0STOCKS, ETFS AND FUNDS WE LIKE &amp; OWN. But it&#8217;s a list. It doesn&#8217;t say how much you should put into each one. So, last night [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42529","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/42529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42529"}],"version-history":[{"count":23,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/42529\/revisions"}],"predecessor-version":[{"id":42561,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/42529\/revisions\/42561"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}