Strategy
I employee a strategy based on very concentrated, fast-growing holdings, with the occasional long-term
stalwart tossed in for anchorage. (I currently don’t have any; my last stalwart was MasterCard which
servedy companies and choose the best I find, to invest in.me very well.) I aim for a holding count of 8-12,
preferring 10 + or - 1… Any holding reaching 25% gets trimmed. My overall goal is to beat the S&P 500 by a
minimum of 25%. Arguments of “Why the S&P 500?” don’t interest me in the leat. It is simply my personal
measuring stick and will remain so. I explicity avoid all economic and political news and econ pundits,
and any such info that creep in are blocked from affecting my investing choices to the extent possible.
I can’t change the economy or politics; I can only study companies and choose the best I find, to invest in.
__Ticker First Purch Buys Weight Gain CAGR*__
ABMD 11/29/17 1 4.40% 11.1% 64%
AYX 03/13/18 2 8.1% 22.4% 112%
MDB 03/23/18 2 13.6% 13.5% 164%
OKTA 05/30/18 1 17.0% 34.9% 87%
ROKU 12/28/18 2 6.0% 50.7% 8825%
SQ 12/06/17 3 13.4% 31.9% 75%
TTD 08/21/18 2 17.0% 27.6% 34%
TWLO 06/05/18 4 10.5% 27.3% 174%
ZS 11/02/18 1 5.8% 26.0% 138%
Cash 4.2%
*CAGR is calculated from first purchase date
YTD Gain: 20.7%
Companies
ABMD Abiomed is my smallest gain this month and lowest CAGR of all, I have chosen to stick with it
because I believe in it long-term, and feel that the price is temporarily in a low, but rising range.
I have also locked in considerable gains before the price downturn, thus the relatively small
position size now.
ROKU I originally introduced the idea of investing in ROKU in Dec of 2018, here:
https://discussion.fool.com/combining-growth-value-roku-revisite….
It jumped up a decent amount on the following earnings call. I expect it to continue for at least
the short term. This is a temporary value play as much as a fundamental quality play and thus
I do not consider it a LTBH-type holding. So far so good. ROKU is my best gainer this month.
Cash Contrary to several others here, cash on the sideliines doesn’t bother me, even when my holdings
are “hot.” The ability to jump in on special occasions seems to pay off at least as well as being
100% invested (which I occasionally am.) I also like not having to choose a holding to sell or trim
when I smell an opportunity on the horizon.
AYX,MDB,OKTA,SQ,TTD,TWLO,ZS
Please see other’s well-covered descriptions.
Buys & Adds this month
None
Sells & Trims this month
None
Important Note
By December, my 2017 ports appeared to be Bear’s cousin (coincidence) but for some reasons my annual gains
were only 27%. Whatever you do, don’t follow anything I do.
Good luck all,
Dan