In today’s world, it’s not unusual for an individual’s or family's wealth to be the result of one or two concentrated stocks having done particularly well throughout a lifetime. Executives and lifelong employees typically amass these sizeable positions via employee compensation (restricted stock, stock options, etc.), employee stock purchase plans, and IPOs. Additionally, family members of these individuals may have been gifted stock over the years, or may have inherited stock upon the death of parents, grandparents or other relatives. Despite these positions providing individuals and families with the aforementioned prosperity, concentrated positions also carry with them tremendous risks, some of which can deflate a portfolio in little or no time (think Enron or Lehman Brothers).