tag:blogger.com,1999:blog-7294165939647321702.post7236538688659662540..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Karsan Value Funds: 2020 Q4 ResultsSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7294165939647321702.post-60783678165574878792021-01-28T19:42:54.111-05:002021-01-28T19:42:54.111-05:00Hi Amit,
Difficult question! I see position size ...Hi Amit,<br /><br />Difficult question! I see position size as being dependent on how confident I am in a company. That said, I have been confident in companies before and wrong, so I do have a max position size no matter how confident. I'm comfortable holding anywhere from 20-40 stocks, with the high end getting reached when I have a lot of basket positions (e.g. bets on risky industries where I take small positions in a few companies where I believe there to be favourable odds).<br /><br />Hope that helps!Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-26226298307270411912021-01-21T13:50:35.736-05:002021-01-21T13:50:35.736-05:00Makes sense.
Do you have a general philosophical...Makes sense. <br /><br />Do you have a general philosophical position on concentration?<br /><br />I'm not sure if you've ever addressed that on here.Amithttps://www.blogger.com/profile/14091469112051377984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-45659608228287563972021-01-11T14:17:43.823-05:002021-01-11T14:17:43.823-05:00Hi Amit,
A lot of the companies I own are illiqui...Hi Amit,<br /><br />A lot of the companies I own are illiquid, and so additional buying (by someone like you, for example) can move their prices. But sometimes I want to buy more! As such, sharing such a list is not my favourite idea.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-9689252711124454722021-01-10T14:31:14.987-05:002021-01-10T14:31:14.987-05:00Great quarter.
I haven't checked your blog i...Great quarter. <br /><br />I haven't checked your blog in several years. I'm not surprised in the least to see you doing well.<br /><br />What're your thoughts on sharing your top 3 or top 5 holdings and an indication of the percentage of portfolio they account for?<br /><br />Thanks,<br />Amit<br />Amithttps://www.blogger.com/profile/14091469112051377984noreply@blogger.com