Mining Stock Education · Friday, September 4, 2026
During a discussion on investor portfolio habits, Bill Powers noted that many investors seemed to own too many companies, with some holding up to 100. Rick Rule agreed, citing this as a common "sin" he's observed over 35 years of reviewing portfolios, emphasizing that investors should limit holdings to what they can adequately study.
“in my opinion they probably had too many companies they owned in their portfolio”
“the biggest sin that I have noticed is particularly the one that you said Many people own many too many companies”
“they don't understand why they own them they don't know why they might sell them”