I used to hold 1% of Useless and rode that wave pretty hard. But instead of staying put, I kept peeling off gains to chase shiny new plays—dumped profits into Startup and Kappa thinking I was being clever with my allocation.

Looking back? Terrible move.

Here's what I figured out: taking profits should only happen when you actually *need* the cash to spend. Harvesting winners just to shuffle into laggards is basically punishing your own winners. Now I stick to that rule. You don't exit a runner because you think something else might pop off—that's how you leave money on the table.