2021-12-31 Portfolio Update
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…
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…
Many decisions in life are based on risk versus reward. That’s certainly true for investing, or at least I think it should be true. How much can you gain and how much can you lose.…
We are currently in the lull between earnings cycles so this update will be relatively short. PRIOR PORTFOLIO UPDATES 2021-09-03 Portfolio Update 2021-08-13 Portfolio Update 2021-07-31 Portfolio Update 2021-06-30 Portfolio Update 2021-06-04 Portfolio Update 2021-05-07…
This is my fourth 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.…
WHY BENCHMARK In investing, a benchmark is something against which an investor can measure returns. It provides a yardstick, often to determine whether an active investment strategy is outperforming a passive strategy. Clearly, if a…
WHAT You may have heard the term CAGR. It’s an acronym for Compound Annual Growth Rate. Said another way, it provides investors or borrowers a way to compare returns of various time periods by converting…