As long as sharing portfolio returns can be ‘in context’ on Saul’s Investing Discussions I’m offering my portfolio for your comments. First by way of narrative, later by way of positions and decisions.
I’m sharing with a nod to the folks here and from whom I continue to learn so much. My first portfolio post will be my longest, an introduction.
My approach
I struggle with a lifelong LTBH approach, learned early and still hard to unlearn. I first got interested in investing when I was a junior in college. My great-grandmother died leaving a $2m estate, an unimaginable number to me at the time (I had no idea, we shared pancakes and Old Maid while I worked three jobs to almost pay for school). Her husband had purchased a variety of stocks after he returned home from WWII in the late 1940s, then promptly died of a heart attack. She didn’t touch those stocks, or add any others for ~40 years. Some companies went the way of most companies, out of business, but a handful remained and provided stellar returns ($2m in the 80s). I thought to myself, 'It’s that easy? Buy some stocks and hang on until I’m old, be rich?" So I started doing just that.
Early journey
My first step was probably my smartest – max my 401(k) or at least my employer’s match. As a corollary I began my professional life with a clear habit of saving, of spending less than I (and eventually my wife) earned.
First stop, a financial adviser. I remember Jeff clearly for the one question he asked me almost 30 years ago – “When would you like work to be optional?” It took me another decade to understand the other side of that question, the spending side.
We ditched Jeff after a few years, he was misogynist and my wife was contributing more to the investment fund than I at the time, with clear bias from him. Not quite smart enough yet, we hired Craig, a guy we met through a local charity fundraiser. He was a really nice guy, but when he couldn’t answer my simple questions about risk and portfolio management, well, he moved the same month we decided to fire him.
Setup for today’s portfolio
Fortunately my long-term employer got bought out in '08. I took the opportunity to roll my 401(k) of ~20 years into a self-directed account. I was really distracted by my career choices and path, so I ditched the mutual funds and parked in cash for six months – September '08 until March '09. Lucky. Then I started with entry positions of ~25% each in Exxon, Microsoft, Berkshire and cash while I figured out my next moves. Dumb lucky.
Following my LTBH beginnings I started peeling off 3-5% for buys in recommendations from the Foolish brothers and other paid newsletter pundits. Some had great returns, some had mediocre returns, a very few absolutely sucked. A very, very few were stellar. Buy a broad set of stocks, diversify across industries, fire and forget. Eat pancakes and play Old Maid. I’m good.
Today
I’m consolidating. In the last year I’ve sold 36 positions. I’ve added a few introduced here (among other places). I’m currently holding 21 stocks, expecting to sell four of those via covered calls next Friday.
I could list the 36, with sale/purchase dates and returns, but that would be hindsight, of value only to me. The only one of the 36 I bought back, ANET, is now one of the four I’m looking to exit with covered calls. Hardware is old school, right? Still a double-rec on the Foolish card for what that’s worth in the LTBH ethos.
My investment decisions are more focused now, which requires more attention. I’m fortunate to have the time and the interest to pay attention.
TWLO is my largest holding, though TWLO, AYX, MDB, TTD and OKTA are neck and neck. I hold more cash than most here, on purpose. I like to be able to shop without the angst of selling. I’m also certain, thanks to the bearish economists I read, there’s a recession coming sooner than later. In those times Cash is King.
My smallest positions are WIX, ZEN, HUBS, DOCU. PAYC was smaller a week ago 
I still have residual FANG positions in NFLX and AMZN. We bought our current home in '14 with FANG gains. Emotional attachment to those two, still.
Going forward
Honestly, I bet jockeys more than horses. I’m learning about betting horses, but I have much yet to learn. The Gardner brothers were stock whisperers for a time, Saul and many here appear to be stock whisperers in this time. I’m delighted to hear the stories here of the out-sized annual returns, the commitment to one company or three or ten in the SaaS growth segment. Yet a piece of me is still stuck on ‘spread the risk.’ I’m learning and growing, always.
I hope my sharing is useful to you in some way, too. I’ve moved on from pancakes and Old Maid to waffles, hand-made hash browns and cribbage.
Carpe Diem.