Exact(1)
Let's put Canada down as a fairly clear cut loser here.
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4 Don't cut losers too early.
The question of when to cut losers is pressing because of the lop-sided nature of my overall flat portfolio.
Well, OK, stock selection is also vital but the oldest rule in the book is best: cut losers and let winners run.
Cutting losers is hard in practice: the temptation is to believe things will improve if only you wait.
3 Cut losers.
A good general rule is to let your winners run and cut your losers short both to preserve capital and to book some capital losses to lessen the bite of the tax man.
I own Aetna, an HMO, also a big loser, cut in half as the market frets over its portfolio of fixed-income securities and commercial real estate.
In this sundered and suffering world, why not cut out the losers completely and double the number of winners white plus black, straight plus gay, Los Angeles plus Miami, and a box office of more than three hundred and seventy million dollars, for Damien Chazelle's film, plus a discerning twenty-two million for Barry Jenkins's "Moonlight"?
Then we cut out the losers by reading 10-Ks, annual reports and other financial statements.
After returning to his hometown in the early 1990s, he cut his breakthrough single "Loser", which became a worldwide hit in 1994.
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Justyna Jupowicz-Kozak
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