I started investing during the tech bubble and lost quite a bit from 1999 to 2002. After that I slowly moved on to cyclical (capital goods, manufacturing) and financial services stocks. I have been on the sidelines for last several years "fearing" a major correction or not seeing the fundamental reasons for DOW to go from 6000 to 25000. I hold more than 60 stocks and more than 90% of my holdings are dividend growth stocks. At least 20 of my holdings are extremely tiny and deserve to be sold. I am short TSLA, NFLX, CMG, CRM and AMZN.