All-or-nothing approach is risky. Full porting everything leaves no dry powder to average down on pullbacks.

And when you're presented with new information, actually doing the thing you said you're going to do, okay? So again, all or nothing, my options are zero percent exposure or a hundred percent, nothing in between. Well, I missed the bottom, I'm just going to full port my entire stack right here. You can do that, and it might work, but what happens if we do pull back a little bit? What happens if you full port your entire stack today, and then we do this? Are you still going to hold? You have no dry powder now to average down. If you're like the bottoms in, I'm going to full port, doesn't meet, maybe it ends up doing this, right?