@Shakti_Srivastava when I started my investing I hardly read anything about stocks, news and trends and few other macros, so my thinking was just to buy bluechip/large cap and that too because I came with mindset that not losing money is primary and making money is secondary.
I could not bear downtrends and see negative amount in my folio, use to fear out and even sell.
Eventually with time and staying strong I learned and I am still learning.
So basically thesis was never about large/mid/small caps but to have stable folio and decent returns.
Recent exits from few large caps is all because my mid and few small caps in which at least I am invested are less volatile, definitely we need to exclude black swan events. Those large caps are not needed which have already reached to saturation state whither in terms of sales, growth or xyz factor.
I have been continuously booking profits from small/mid caps and adding to my core ones and these core ones can be of any market caps.
And definitely we need to be flexible with our mind and not to be adamant on one strategy, it might and might not work for all i.e. hold and sit tight.
So basically thesis is to move with trends and lose less money while moving forward
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