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#2
05 Mar 2008, 12:15 AM
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EDIT: Looking into it ...
Nick 
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#3
05 Mar 2008, 12:43 AM
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Ok, I was right the first time.
If your portfolio value is $15,000,000 and you want to buy a stock at $100/share. So, you can only purchase 10% of your total portfolio, which would make $1,500,000. Finally, 100,000 shares X $100/share would be $10,000,000, which is more than ten percent .. correct? Nick
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#4
05 Mar 2008, 01:11 AM
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Quote:
__________________
True patriotism hates injustice in its own land more than anywhere else. - Clarence Darrow Widespread intellectual and moral docility may be convenient for leaders in the short term, but it is suicidal for nations in the long term. One of the criteria for national leadership should therefore be a talent for understanding, encouraging, and making constructive use of vigorous criticism. - Carl Sagan
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#5
05 Mar 2008, 01:13 AM
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Quote:
Nick
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#6
05 Mar 2008, 01:31 AM
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Quote:
__________________
True patriotism hates injustice in its own land more than anywhere else. - Clarence Darrow Widespread intellectual and moral docility may be convenient for leaders in the short term, but it is suicidal for nations in the long term. One of the criteria for national leadership should therefore be a talent for understanding, encouraging, and making constructive use of vigorous criticism. - Carl Sagan
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