UEC Reddit Mentions | ChartExchange

Sometimes I do that as well, I don't really see the reason to leave any tool on the table. I held EWY for bit this year mainly because of a few of it's top holdings, I sold for like 15% profits, but I would have held through a correction or even a recession until it was profitable at the same time. I try to manage my portfolio in three main ways; exposure, risk, and time-frame.
For instance, I've been very bullish on exposure to energy, and in all honestly wary of tariffs, since the last US Presidential election. That's also around the time I tax loss harvest and re-assess my views in general and on companies in particular over the next year or two.
Didn't really have a lot of specific exposure before that, beyond a position in PRUZX (a defensive utilities dividend payer that has a real-return very competitive with VOO over over it's history while being considerably less volatile). I viewed (view) it as a very good place to park risk off money that I can draw from if I'm thinking about shifting things around some over the next year or so, but want don't want to much money as a straight cash position.
Point being, it was doing pretty well that November and I used it to raise cash (few different sell points) as I looked to establish a more concentrated dynamic energy exposure (particularly to nuclear) that I thought would out-perform and be willing to hold in the 1-3 year range.
So I could do something like by NLR or URA for diversified exposure to a sector with a thesis.
Or on the other side you could put 5-10% in OKLO as a very concentrated growth play that you think will outperform over 3-6-10 years (or whatever your time-frame) is. Maybe it will, but that's a lot of risk in one company that is per-revenue at the moment. Held it for a bit, than Wheeled it for a bit after I sold in the 30's before it ran up near 40$ lol (eventually went above 150$ for a bit, and even though it's been chopping down is still likely to break up form 50$ unless the whole market crumbles).
Or and what, I generally like best, you could spread that 10% out over several companies as well like BWXT, VRT, UUUU, CCJ, SMR, NXE, VST, UEC, LEU, CEG, etc. Instead of ETF's.
Exposure, risk, timeline and all investors want the same thing just at different timeline. Performance. Which is one last reason I do it this way. Many long-term investors would probably achieve greater performance if the understood how to at leas manage Covered Calls.
Don't get me wrong, they can fuck you short-term, I had a CC open on LEU as it ran up above 400$ this year and it almost physically hurt I couldn't sell even if I thought it would crash within the year.
Sacrificed/suffered opportunity cost there, happens quite frequently to me. I'll hold for another year (or until my opinion changes) on it though, missed a nice sell or sold early? Oh well, I move on, and I'm willing to hold for years on nearly everything I'll trade.
SMR or OKLO in 10 years, I have opinions, but why get married to one.