I wanted to wait to post a portfolio update until the portfolio companies reported results this week. FSLY, AYX, LVGO, DDOG, and NET have now reported their results. This update is through August 7, 2020. PORTFOLIO PERFORMANCE DATE GR Portfolio (YTD) S&P500 Total Return (YTD) Jan +25.7% 0.0% Feb +27.7% -8.3% Mar -2.9% -19.6% Apr…
The last portfolio update included my thoughts on the latest earnings results. I gave my opinion then and since then there have been no new earnings releases for any of the portfolio companies. We now await the next cycle of earnings which will be interesting and informative because they will include a full quarter of…
I wanted to wait until all my portfolio companies had reported earnings before posting another portfolio update. CRWD and ZM reported results on June 2nd so now all my portfolio companies have their March/April quarters’ results in. Below I will show both the end of May results and the June 5th results. Link to April…
In addition to providing a portfolio update, this write-up will also expand on what is happening in the world as I see it. There have been an unprecedented number of facts to absorb. For me, these facts are forming a mosaic that, at least for me, is revealing a clearer picture which is informing my…
I’ve done some modeling based on the a starting allocation and a best and worst case scenarios. To try to quantify my opinions, I used the following assumptions: Best case scenario (return to near normalcy by the Summer):AYX could double or more by the end of the year and quadruple in 3 yearsCRWD could go up…
So these are my core 5 positions with CRWD, OKTA, and DDOG being what I call heads I win, tails I also win stocks where heads equals the pandemic getting resolved quickly and tails equals the pandemic dragging on for longer. Together these 5 stocks comprise more than 80% of my portfolio. I have considered…
I already posted 2 interim portfolio updates in March. Here are the links to those: 2020-03-06 Portfolio Update 2020-03-13 Portfolio Update What we are seeing unfolding has never happened in modern times. We are seeing a pandemic that is literally shutting world travel and much of the world economy. As a human, it’s a little…
I just posted a portfolio update one week ago. It sure seems like a lot longer ago since things are changing so fast. The portfolio as sustained a very steep decline over the past week, and I’ve taken the opportunity to make a couple of significant changes which I will discuss below. ANOTHER RECORD Last…
My portfolio had its largest single day drop (about 10%) on Friday, March 6. It also had its largest absolute dollar drop. Things are getting kind of crazy. There’s lots of volatility, lots of fear, and lots of uncertainty. The CCN Fear & Greed Index now stands at 6 so almost as low as it…
2020 is off to a roaring start. In my recent post titled Invest in the Winners, I shared my reason for holding the companies in my portfolio. Since then I trimmed SMAR a little to add to ZM. I see ZM as a clear winner and I see SMAR more as a very fast growing…