In this role, he managed a team of program officers supporting a
portfolio of
large, multi-year
grants designed to support the improvement of teaching effectiveness in eleven urban school systems across the United States.
Ben shares some ideas on options for investors who are sitting on
large gains in their
portfolio, with a focus on position sizing (rebalance when something gets
larger than your targeted asset allocation), avoiding concentration in a single stock (specifically employer
granted stocks), the benefits of diversification, and «reverse dollar cost averaging», whereby you gradually reduce your stake in highly valued equity by regular sales over a course of several months.