Why Valley Forge Is 99% Invested in Stocks

The video discusses a concentrated portfolio strategy focusing on high-conviction ideas to outperform the market. It emphasizes the importance of selecting quality stocks for long-term investment and analyzes the technology sector's capital allocation issues. The preference for stable companies like Moody's with predictable earnings is highlighted. The video also covers views on shorting and effective risk management strategies, and identifies market opportunities for growth.

What is the speaker's perspective on shorting stocks as a risk management strategy?

Can you name one of the speaker's largest holdings and its performance over the past year?