How many companies do you have in your portfolio?

Typically, between 26 and 32. The rules of Sifter Fund allow us to have between 21 and 45 companies in the portfolio. However, we do not wish to have more than 30 companies in the portfolio since we do not have the time to analyze them all carefully. On the other hand, a portfolio of fewer than 20 companies would be too risky for us.