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All depends on temperament, time of life, desired return, etc. I don't know how old Modiva is, but when I was much younger, I would easily swing for the fences like that, because I didn't have as much money or had time to recover from such risk. But today at 55, comfortable and enjoying life, like you, I don't need to swing for the fences any more and I sleep really well. Although, I'm pretty sure if I see something just stupidly priced, like Fairfax or Meta was in the last few years, I will take huge positions again. And just like this time, I will reduce the positions as they rebound and maintain allocations that I'm comfortable with. I just live by my mantra for the last 10 years...never fall in love with any stock or investment. The goal is the best return you can generate while minimizing permanent loss risk to the portfolio. The portfolio is what you should love...not the components of the portfolio! Cheers!