So, here is where my large portfolio (60 holdings) may be of some assistance to fellow board members in terms of providing the board with an opportunity to look into the damage continuum that has been visited upon my portfolio over the past twenty (20) trading days. Below, I present a list of the Best 15 Performers and Worst 15 Performers over this period of time. As an anchoring point, I chose to use pricing as of the close of the market on February 19th (the high water mark) and compare that to pricing as of today at 1:35 p.m. As painful as this may be, I thought it would be of interest to board members to see my first quartile and fourth quartile of performers.
**Best 15 Performers** ZM +8.1% NET +8.1% DLR +0.7% PYPL -4.3% AMT -7.6% EQIX -11.5% ZNGA -15.5% AMZN -19.3% BR -20.3% LVGO -20.7% ANET -22.0% BABA -22.4% FIVN -22.9% OKTA -23.7% TEAM -24.2% ...and, _**are you all ready for this?**_ **Worst 15 Performers** SPCE -75.2% RDFN -68.6% SQ -61.5% JMIA -60.2% PPD -60.0% TLRA -59.1% BFAM -57.0% TTD -55.5% PINS -54.2% PLAN -54.2% HUBS -53.6% APPN -52.4% QCOM -52.0% LULU -50.9% ROKU -50.3%
While my portfolio does not look so resilient, I am! I have been diligently and systematically adding to and layering on the way down into a handful of my highest conviction companies. I just hope we find the bottom in due time before I run out of cash.
No condolences necessary. Don’t worry about me. Stay safe and healthy!