What is Brian Feroldi's exit strategy?

Brian Feroldi's exit strategy is fundamentally based on long-term investment principles. He aims to hold stock indefinitely, mirroring Warren Buffett's philosophy of holding outstanding companies with excellent management forever. Feroldi's approach involves evaluating whether the company is performing as expected based on its financial health and growth properties, rather than short-term stock price movements. Only if the company's performance significantly deviates from his original thesis would he consider selling. Additionally, if a single stock becomes too large a part of his portfolio, he might trim that position to manage risk better but always with a long-term perspective in mind 1.

Feroldi also emphasizes not making decisions solely based on tax implications. Instead, he focuses on what is best for his portfolio while considering the taxes as a factor. He suggests selling the shares that would minimize the tax burden if a stock becomes too large a part of his holdings 2.