What if everything you've learned about diversification is wrong? In this provocative and eye-opening book, Heikin Ashi Trader presents a radical yet timeless investment strategy: instead of spreading your capital, he recommends concentrating it-on the one idea you truly believe in. Buy and own just one single stock Drawing on legendary examples, this book demonstrates why concentration-not diversification-has created the greatest fortunes in stock market history. A portfolio of 50 stocks may feel safe, but it doesn't instill real conviction. It's time to stop thinking like an investor who acts like a portfolio manager-and start thinking like an entrepreneur. Table of ContentsPart 1: Why One Stock Is Enough to Build Wealth - Why we invest - Most fortunes in the stock market were made with a single stock - Wealth comes from focus - Find something that grows 20% per year - Why not two or three stocks? - Why Warren Buffett is also a one-stock investor - Why passive investing with ETFs limits your returns - How to belong to the "strong hands" - Why patience is the key to stock market success - The power of deep conviction - Don't buy a stock-buy a business - Why we underestimate trends that can last for decades - The hardest part of a one-stock portfolio: doing nothing Part 2: How to Find the Right Stock - Most stocks are losers - What makes a stock a compounding machine? - Find a company that can grow for decades - Find a company with a strong moatNetwork effectsBrand powerTechnological edge / patentsCost leadership & economies of scaleHigh switching costs for customers - Are there companies that combine all five types of moats? - The founder and visionary - When the brain runs the company - Industries that create billionaires - The role of network effects and monopolies - Why you should buy the market leaderPart 3: How to Buy the Right Way - Time in the market beats market timing - Should you invest all your money at once? - Dollar-cost averaging - the smart way to build your stock position - The right charts for long-term investors Part 4: How to "Manage" Your Portfolio - Don't talk to anyone about your investment - Don't fear volatility - Selling too early - the most dangerous temptation - Signs your stock is no longer a winner - When the business model fails - Alternative exit strategies - Own it instead of selling it Part 5: Case Studies - How Stewart R. Horejsi became a billionaire with a single stock - Grace Groner held one stock for 75 years - Sylvia Bloom and JPMorgan Chase - The best-performing stock of the last 100 years was a tobacco stock - The Apple man - Retiring with Tesla: The story of Jason DeBolt - Andrew Hall: The one big win - and why it usually only happens once - How Keith Gill made millions with GameStop Part 6: Lessons from Failure - Investors who failed with single-stock bets - How to protect yourself from worst-case scenarios Part 7: Alternatives to Stocks - How much capital do you need for a one-stock portfolio? - Profiting from stock trends with long-dated options - Why Bitcoin could be a strong candidate for a one-stock portfolio Afterword Glossary
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