I tend to take an approach similar to Chad - if (when) I hit big on MNKD, most of the gain will go into stuff that is relatively "safe". This should allow me to retire in 2 - 5 years - ie by age 60 at the latest. If this doesn't work out, I just keep on working.

But I've already foreseen your view Rak. Part of the budget each year when I'm in retirement will be for investing in spec plays. I enjoy the research and the thrill of the chase too much.

And Baba - I'm on the lookout for the next one. But I have pretty high standards and not just any old biotech will do. Maybe I should start shorting them since so many crash and burn - lol.