I realize that we cannot time the stock market ebbs and flows but we can value a company within that market. In doing so, we have some idea when our wonderful company within our portfolio may become overvalued. So when it reaches that point and the stock company is ready to distribute a dividend, do you reinvest dividends or not? That is the question. Since, you already have a basket of stocks do you take the dividend and put it towards an undervalued stock in your portfolio? Do you reinvest the money into the same company regardless of its value? or do you take other actions with the dividend distribution. For me, I generally reinvest the dividend regardless of the company's stock value only because I do not have the time nor patience to watch my portfolio. So, for me its a 50/50 crap shoot of whether or not I'm getting the best value with DRIP. What does everyone else think about the DRIP?

Amazing video on risk by one of the GOATS. Guy has been doing 20% annualized for ages, very bright mind. Must watch. https://www.youtube.com/watch?v=WXQBUSryfdM

I currently have 20 stocks in my portfolio. None of which are BRKA or B. However, I remember the late great Charlie Munger state during their annual BRK meeting that "you only need one stock." That is of course if you bought it at below fair value and it has substantially risen over time between price and/or dividends. However, the problem I have is two-fold. One is that I do not like sitting on cash. I want my money working at all times. The second issues is that when I purchase a stock and it proceeds to run higher, I DO NOT purchase more shares. I typically wait a reasonable time to purchase that stock if it has a pullback or I go to the "market of stocks" and shop for bargains. I am just curious, how many stocks should you own in a portfolio?

Has anyone read the Margin of Safety book written by Seth Klarman? If so, do you believe the strategies outlined in the book can be further utilized to strengthen the screener previously used for the video of companies?

Here is the screen results :) https://youtu.be/nm-DjSOgoyU?si=zK8HWVGkJyhLM1Cu