Here is the link.
Stock -
No stock more than 5%, correction hits, take out profit by trimming
Mass correction - Never work on margin!
2.9 million dollars - Kevin asked the question: Can you take the hit?
Kevin:
Point of life, I don not have debt. I do not have any obligation for anybody.
A lot of down cycles. A lot of my friends were wiped out. Do not respect the debt.
Watch, divorce, boats, etc. -
One asset class - Do not be over 20% of your asset.
Do not be taken out of business.
Do not take big hit if corrections hit.
Brute price for it.
Be ready to be wiped out. 50% chance to be wiped out.
Operator 8, portfolio manager 6 to 7.
1000 stocks - pay me
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