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21st Dec 2022 At the age of 18, this is when you officially become an adult

Most of these levies are license taxes and are required to run a business or engage in a particular type of activity

The Traditions Fox River Fifty is more than a rifle

In other words: Holdings with lower expected risks and higher expected returns should have larger position sizes Holdings with higher expected risks and lower expected returns should have smaller position sizes There are a million ways to do this, but I start by categorising holdings as defensive or cyclical and give them a default size of 4% or 3% respectively (I'm looking to hold around 20-25 companies, so 3-4% each is in the right ballpark)
