In the past month, Wayne Himelsein's position in Netflix ran up nearly 25% helping his Logica Focus Fund gain 0.61% while the S&P 500 was down 3.17%. Now Wayne is trimming his Netflix position in order to buy Nvidia, a stock which has been a big winner for him but which has recently been volatile. When a stock gains 25% in a month, many people ask if it can run up even more? Stocks like Netflix will run up and down 25% multiple times even in good years when their fundamentals are improving. Nvidia: Wayne made 74% on his position in Nvidia in 2017.

Source: Forbes February 21, 2018 20:15 UTC