Doctor, I don’t know much about Fisher, but Buffett is not an investor, he is a businessman, an entrepreneur. He buys an entire company or buys a stake in a company, which essentially makes him an owner of that company, to the extent of his stake. I am not sure if you are aware of this, but in his journey of decades, there were instances where he bought a stake in a company and sold it quickly. Not all of his purchases were long term, even his holding period is not forever for all of his purchases.
As expressed by Dr. Hitesh to a medical student in his thread, for someone who can understand the complexities of human body, investing is very easy. So if you think your current positions are big, and if you think that they will grow more with price appreciation, so you don’t want to add more capital to them, may be you can think of new sectors, sectors which are polar opposite to your current holdings, there by having the assurance of zero overlap, and with time, you can have big holdings in these sectors too. You can follow a top down approach, or look at sunrise sectors, or even identify trends and can be a early investor in such companies. Many ways to explore and expand into new territories. Or if you think your holdings are big but are not too big to handle, and as you follow the businesses, adding more can happen. And you can weigh each such holding to your equity allocation, your net worth and see the relative effect it can have if more capital is added.
And then there is the evolution of Dr. Hitesh, not just for investors like us, but for you doctors too. May be some elements of his approach might resonate with you.
I am saying this only because finance pales in comparison with your wonderful profession, and as such, even I can say something.
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