Specialist vs. Generalist

Discussion in 'Trading' started by REIT Master, Aug 25, 2008.

  1. I'm wondering if there are others that have thought through whether to focus on specific sectors or be a generalist. Particularly those that trade solely on fundamentals.

    I've been a successful REIT trader for many years and believe my expertise in the sector is my edge. Though I remain profitable, I'm finding fewer good opportunities these days and it has been difficult to put all my money to work (and remain reasonably diversified).

    I'm considering going with a more generalist focus, but it seems hard to get a fundamental edge without being an expert in other sectors.

    Any thoughts?
  2. As your portfolio grows you will need knowledge of more sectors in order to engage your full capital. I would suggest you consider becoming a Generalist. But, not all at once.

    In this economy, it gives you more flexibility.