# February In the Books at -0.60% **URL:** \ **Category:** Abandoned Arctic Outpost #13\ **Created:** [March 1, 2023, 9:53pm UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271 "2023-03-01T21:53:59Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 1, 2023, 9:53pm UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/1 "2023-03-01T21:53:59Z")
Just for a moment on Tuesday I thought we were gonna pull out the win - alas, not to be. So February is essentially flat but a small negative nonetheless. So - this is what it looks like YTD: Jan = +10.4% Feb. = -0.6 YTD = +9.8% … I am an amateur investor whose strategy is to monitor a large group of really smart folks via paid subscriptions, free websites, and Fool chat boards. The portfolio is then comprised of three different levels of investment: STARTER, The Bench, and Scout Team. While maintaining core level investments in the three classifications I maintain a % of cash that allows me to take advantage of market swings by tacking on 5-10% Trading Block positions. Wash/Rinse/Repeat. YTD I have utilized 13 Trading Blocks with an average profit hovering around 6.25%. The TB factor I haven’t discussed much - which is a profit multiplier, is that when the market retreats the cash I have gained by selling a TB is not impacted: so with TBs I make money on the upswing - and keep it on the downswing. Since I reviewed the overall portfolio a couple of days ago I am not going to do so now. Nothing much has changed; although, the first day of March was an official OUCH! Additionally, I am currently looking at the SNOW report this afternoon and monitoring what appears to be a misguided, knee-jerk sell-off. Sure SNOW remains highly valued - or at least it was prior to the earnings report - but, in this season of everyone-posting-weak-guidance-amid-Collective Fear- Of Additional-FED Rate Hikes, its not like SNOW doesn’t remain KingFish. So - what to do. Gonna Add slightly as the AH frenzy hopefully escalates - which might entirely be my own positive biased knee-jerk reaction. Especially so, prior to listening to the conf call. But - in for a penny in for a pound! … All the Best, ---
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 2, 2023, 12:17am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/2 "2023-03-02T00:17:51Z")
Added 10% Snow Trading Block @142 and some change. ---
**Author:** ![stocknovice](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_purple600.png) [@stocknovice](https://discussion.fool.com/u/stocknovice)\ **Post date:** [March 2, 2023, 1:25am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/3 "2023-03-02T01:25:52Z")
Interesting move. What did you like about the quarter? The 40% guide after pre-guiding for 47% was a major gaffe. It seems like the “change in existing customer purchasing behavior, lower-than-expected new logo bookings, and slower expected ramp from our youngest cohorts” really caught management off guard. ---
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 2, 2023, 3:34am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/4 "2023-03-02T03:34:48Z")
Hi SNovice: Good Points All. With SNOW - its not about a single QTR - in my very humble opinion. I just look/consider that everyone in the overall reporting arena is reporting weak guidance. It’s sort of like navigating the rapids along the Colorado: sure you have some rough moments but after the rapids is just another float trip. Or something like that. So - I tend to go with the whole Buy when others are fearful thing especially for core positions. All the Best, ---
**Author:** ![stocknovice](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_purple600.png) [@stocknovice](https://discussion.fool.com/u/stocknovice)\ **Post date:** [March 2, 2023, 4:29am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/5 "2023-03-02T04:29:21Z")
Fair enough and thanks. I like the company and the management team but am frankly shocked Slootman fumbled this one. He’s been around forever and had no obligation to float a guide after Q3. The fact it was so far off falls somewhere between humble pie and egg on his face. Neither seems very appetizing. ---
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 2, 2023, 6:22am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/6 "2023-03-02T06:22:55Z")
SNovice: One thing I’d like to mention, is that I tend to make more mistakes than any other investor I follow. I attribute this to an overly aggressive always-be-on-the offense (unless you’re not) game plan. If you follow athletics in general, it is somewhat of a truism that once you start to play not to lose…you have a higher probability of losing. It’s sort of a dance with the strategy that got you there but; alas, does little in the way of adjusting for lengthy ---
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 2, 2023, 6:26am UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/7 "2023-03-02T06:26:10Z")
market malaise. So - I could be right or wrong on any given call - say on SNOW - (and I am an investor who is frequently wrong) but I consider that just the way investing works under the precept that good offense (Growth) in investing always beats good Defense (Value) - albeit, everything has it moments in the sun. All the Best, ---
**Author:** ![stocknovice](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_purple600.png) [@stocknovice](https://discussion.fool.com/u/stocknovice)\ **Post date:** [March 2, 2023, 1:42pm UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/8 "2023-03-02T13:42:54Z")
Ha. I appreciate the clarity. Here’s to being frequently wrong together! ![](https://us1.discourse-cdn.com/motleyfoolfree/original/3X/3/5/356ed97317da9c6ce2941e09ff2584123ba486a8.gif "Charlize Theron Film GIF - Find & Share on GIPHY") ---
**Author:** ![Champico33](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/champico33/32/3950_2.png) [@Champico33](https://discussion.fool.com/u/Champico33)\ **Post date:** [March 2, 2023, 5:27pm UTC](https://discussion.fool.com/t/february-in-the-books-at-0-60/89271/9 "2023-03-02T17:27:33Z")
Hi SNovice: Best post in the last three months award! I feel that in life you must be a CEO - you have the talent for getting to the bottom line quickly. All the Best,