The year 2020 was unlike any other. Certainly within my lifetime, this past year was the most disruptive. The number of deaths and personal turmoil felt by millions around the world were and continue to be tragic. Fortunately, we can all look to a better and brighter future in that respect. While things are currently…
There are only 17 ½ more trading days left in 2020. What a year. The dichotomy between the portfolio returns and the hardships experienced by tens of millions of people around the world seems almost unbelievable and it makes me feel very grateful and fortunate. I always try to look at things in a positive…
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 +16.7% -9.3% May +64.7% -5.0% Jun +110.3% -3.1% Jul +144.7% +2.4% Aug +144.3% +9.7% Sep +187.0% +5.6% Oct +172.6% +2.8% Overall, the portfolio is down 5.0% in the month of October, but as you will…
This year is now ¾ of the way through. I did not post an August portfolio update so this update includes the period between Aug 7 and Sept 30. 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 +16.7% -9.3% May +64.7% -5.0% Jun +110.3% -3.1%…
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…