Quote of the Day - Diversification

[cemanuel]

Enter the debate of how close one should watch their holdings?

Once I own it I do the following:

• Read through the quarterly ER, particularly financials
  
• Read through the earnings call transcripts
  
• If there is any unusual price movement in either direction during a trading session, or AH, see if I can figure out the reason
  
• Closely read though the company's AR and financials
  

The above is for dividend-payers I plan to hold long-term. If in the IRA I decide to trade there will be more but the specifics will depend on the individual stock.

EDIT: I also try to get to each company's IR page at least once a month. No real schedule but I do note it on the index card I keep for each company to keep me on track