Gradually abandon individual stocks

Microsoft surged after earnings. I'll take some profits first, move all the money into QQQM, keep a 3% position remaining, and sell everything once it returns to previous highs.

I hold 9 individual stocks. Excluding Berkshire Hathaway and Coca-Cola, I will gradually sell them as they approach previous highs and invest the proceeds into QQQM.

After reading "Keep Buying," I truly woke up. Fund managers and professional traders can't beat the market either, let alone ordinary people with significant information asymmetry. Since we know indices rise in the long term, it's more practical to just buy index funds...

My QQQM position has increased to 35%. From now on, I won't worry about fundamentals or moats; let the index filter them out for me...

Waiting patiently for the rose of time 🌹