How to build a concentrated PF

I believe I’m over-diversified and need to have not more than 10 stocks to properly build wealth.

What makes you say so?

There’s no standard rule. You’ll need to find your own. The first step to finding your answer is to figure out what truly is driving your need to reduce the stocks and how you define over-diversification.

You’ll not find one framework on which every investor agrees. Eventually, everyone customizes their allocation/strategy according to themselves {takes iterations I belive}.

• Ashish Chugh usually doesn’t take beyond 1 – 2% allocation in his microcap picks – at max 2 or 3% [Source].
• If I am not wrong Samir Arora (Helios Capital) would not hesitate to have somewhere between 20 to 30 stocks. Similarly, Kenneth Andrade controls his own.
• RJ had over 30 stocks yet made money. I think Mr. Kacholia has even more