I am definitely not a quant. I;,m more of a Peter Lynch type investor. I buy companies with strong financials and good prospects and hold them until something changes with the business model or I lose confidence in management - or they get ridiculously overpriced (rare.) I have accumulated about 40 companies in my portfolio over the years, most have done well and I am now approaching retirement and interest rates are up so so I am slowly trimming. Seems like a good time to decrease my risk and increase my cash. My priority at the point is to keep stress to minimum and avoid stupid mistakes.

The only thing I am buying right now is DIS - I will go up to 5% of my portfolio which is my limit for one security except for BRK and AAPL which I plan to accumulate forever and leave to my kids. Right now, I am holding AAPL, ACGL, BRK, COST, GHC, MSFT, PFE, STT, and SNOW among others. Recently sold ALC, FTV, MMM, MCK, and PARA because of the trim. Also holding CPRI which was just acquired at a nice premium. Note: For those who are shopping, I really like ACGL but it is expensive right now.

Thanks to all for the ideas! Feel free to push back on my choices! And feel free to join me on the DIS board.

abromber