Should You Now Consider Selling Your Intel Corp. (INTC) Position Before its Too Late?

O’Keefe Stevens Advisory Inc., an asset management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. At the end of 2021, the fund’s top 5 holdings represented almost 41% of its assets. As of December 15th, the Russell 3000 Index, which tracks the performance of the 3,000 largest US-traded securities, was 3.4% off its all-time high. 2,288 (76.2%) of the index was 10% or more off its all-time highs, 1,068 (30% of the index) was more than 30%...