Makes sense...what is old is new again

[mostlylong]

@BeachMan2115

It is good to see more differentiation in the portfolios that are reported there. This has been happening since late last year…I guess it took 9 months to give up hope that the US Fed would pivot away from interest rate hikes. Prior to that, everyone’s portfolio looked similar. Now, some have a higher cash holding, while others are 100% invested. Some are mostly still in SaaS and others are in medical devices, EVs, clean energy etc.

I agree.

This change in portfolio composition, with the possibility for cognitive dissonance, is interesting:

• some large cash positions (must mean that expected cash-like return, say 3%-5%, is higher than expected return of other opportunities)
• non-SaaS companies, including T**la
• companies growing revenue less than 40%
• how to re-allocate proceeds from sales of non-performing companies to other companies (given the lack of new companies to invest in as IPO market dried up)
• smattering of valuation comments: a price is low/high so added/trimmed, cash flow is good/bad, or some other valuation-related comment

Software is still my preference and after that just broad and/or sector index with a sprinkling of selling options.

[clubbervision6]

@Citibeach44

Take these two moves just now, selling TMDX…

@Citibeach44

Anyone else, I think it has to be questioned, and with someone like Saul, with thousands of followers, it can border on the line of manipulation. At least you have to be aware of the possibility.

As you can see, in this case, there was no manipulation.

I bought TMDX a little late, after Dreamer (and maybe KC) mentioned it a couple of weeks ago.

Thanks Dreamer, enjoy the wekend!