When Should the Game Change?
Since their peaks in Oct/Nov 2021, high growth stock prices have been hammered much more than the major indices. It’s typical for growth to outperform in bull markets and underperform during bear markets. As I’ve…
Since their peaks in Oct/Nov 2021, high growth stock prices have been hammered much more than the major indices. It’s typical for growth to outperform in bull markets and underperform during bear markets. As I’ve…
We continue to be in the midst of one of the most challenging periods for investors, particularly for growth investors. It’s not just growth stocks that are down. One of last week’s headlines stated that…
We are in the midst of another earnings cycle. We got our first clues after the three cloud titans (AMZN, MSFT, and GOOG) reported their results at the end of April. MicroSoft’s Azure grew 49%,…
All the portfolio companies have now reported their results. I’ll go over some of the highlights and my thoughts below. Well, 27Jan was not the bottom of this huge drop that began after 18Oct 2021.…
These are the times when it can be difficult and stressful to be an investor in hyper growth stocks. I’m certainly not immune to feeling stress when the portfolio drops this far. Let’s look at…
The past year was a wild one with a lot of movement. The portfolio rallied in February to reach several ATHs and a local peak of +18.3%. Next, we started one of those big drops…
This is my fifth options trading update. As a reminder, I categorize options trading to include only trades that have a short duration (i.e. less than three months). I also trade longer dated options (i.e.…
Earnings season for the portfolio companies is now in the rearview mirror, and I reviewed (below) the companies that reported their most recent quarter’s results. The results since the previous portfolio update are going to…
Today, I heard a story that’s repeated regularly: very few professional money managers outperform their benchmark index. The study was conducted by Morningstar, and it reported that 47% of active managers outperformed their passive counterparts…
The big banks and the giant tech companies (AMZN, MSFT, GOOG, AAPL, FB) have already reported their September quarters. Starting with DDOG and LSPD next week, we are about to get results from the portfolio…