A Review Of My Portfolio
Beating The Market. Here Is How.
I have been getting a lot of questions lately about my portfolio. What I own. Why I own it. How I feel about each position. Whether I’m considering making any moves.
So instead of just doing my weekly investing update, I decided to do something different this week. A full portfolio review. Everything on the table. What I hold, my current conviction on each name, how I’m thinking about position sizing, and where I might be looking to make changes.
No fluff. Just transparency.
Let’s start with the performance.
How We Are Doing
Year to date, my portfolio is up 11.68%. The S&P 500 is up 7.22%. That is a nearly 5% edge over the index.
While the market was getting crushed in late March and early April, the portfolio held up. And when things recovered, we recovered faster. That is what a concentrated, high-conviction portfolio can do when you have the right names.
This is not a one-year fluke either. I have beaten the S&P 500 in 7 of the last 9 years and I’m now going for 8 of 10. Most people would just buy an index fund and call it a day. Nothing wrong with that. But I believe in doing the work, owning the right companies, and holding with conviction. 7 out of 9 years, that approach has paid off. This year, we are on track to make it 8 out of 10.
Now let’s get into exactly how.