Thank you for the reply. In short, I’ve recently begun theorizing about modeling my portfolio with built to last companies, while still trying to capture as much growth as possible. Who doesn’t want to do that of course lol??? Portfolio management is off topic here, so I wont’ elaborate much more. Maybe the investment style here doesn’t entirely align with that, but I cannot outright ignore the wonderful companies that are discussed here. In that regard, I’m working through my portfolio, company by company, to see how things align with my recent shift in thinking.
Using Tesla as an example, lets be honest, money is falling into their lap right now due to very clear growth catalysts. They are rapidly selling more cars, they are rapidly signing up other carmakers on the charging network, foreign leaders are openly begging Tesla to open factories in their territories (surely with extremely beneficial financial incentives), self driving is not too far away, the CEO has people eating from his hand, i feel they have no meaningful, immediately threatening competition, and surely many other items I’m missing entirely. One substantial Tesla process that cannot be discounted for me is the publishing of their Master Plans. When reading Part 1 and Part Deux, they so clearly outline how they are going to grow, and then actually go out and do it. Part 3 is something I haven’t quite wrapped my head around yet admittedly.
Sure this may come across as cherry picking or unfair comparing, but when running a concentrated portfolio of 6-7 companies cherry picking the best is the absolute goal. At the moment, I personally am unable to directly, and most importantly, easily, link upcoming CrowdStrike developments to slam dunk returns given the field they compete in. To directly address your thoughtful reply, perhaps you stated in best that “consequently, this cannot be a set it and forget it type investment.”
Thank you very much for your reply.
Brandon