Managing Concentrated Positions

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Lyrics

[Verse 1]
Sarah owns ten million shares, all in one tech stock
Built her fortune from the ground, but now she's locked
Single company holds her wealth, concentration's curse
When markets tumble, fortunes crumble, goes from good to worse

[Chorus]
Exchange funds, collars, completion too
Three weapons when your eggs won't spread
Diversify or watch it die
Don't let concentration mess with your head
Exchange, collar, complete the view
Spread that wealth before you're dead

[Verse 2]
Exchange funds let you swap your stock for mutual shares
Trade your concentrated bet for baskets everywhere
Seven years you'll have to wait, but tax gets deferred
Pool with others facing same, diversification earned

[Chorus]
Exchange funds, collars, completion too
Three weapons when your eggs won't spread
Diversify or watch it die
Don't let concentration mess with your head
Exchange, collar, complete the view
Spread that wealth before you're dead

[Verse 3]
Protective collars hedge your bets with puts and calls combined
Sell a call, buy a put, limit gains but peace of mind
Floor protects from major loss, ceiling caps your upside gains
Collar strategy shields you when the market goes insane

[Bridge]
Completion portfolios fill the gaps
Add small caps, international maps
Your concentrated stock stays put
While other assets take new foot

[Verse 4]
Ninety percent in one position screams of danger zone
Correlation kills your cushion when that sector's overthrown
Monitor your percentages, rebalance when you're skewed
Concentrated wealth builds empires, but diversified wealth's shrewd

[Chorus]
Exchange funds, collars, completion too
Three weapons when your eggs won't spread
Diversify or watch it die
Don't let concentration mess with your head
Exchange, collar, complete the view
Spread that wealth before you're dead

[Outro]
Risk and reward dance together
Smart money spreads through any weather

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