🟢 𝟓.𝟏%: 𝗛𝗶𝗴𝗵𝗲𝘀𝘁 𝗱𝗮𝗶𝗹𝘆 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲
🟢 𝟑.𝟓𝟏%: 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲
🟢 𝟔𝟕.𝟐𝟗%: 𝟏𝟐-𝐦𝐨𝐧𝐭𝐡𝐬 𝐫𝐞𝐭𝐮𝐫𝐧
𝐅𝐢𝐫𝐬𝐭 𝐨𝐟 𝐚𝐥𝐥, 𝐈 𝐰𝐞𝐥𝐜𝐨𝐦𝐞 𝐚𝐥𝐥 𝐧𝐞𝐰 𝐜𝐨𝐩𝐢𝐞𝐫𝐬 𝐚𝐧𝐝 𝐟𝐨𝐥𝐥𝐨𝐰𝐞𝐫𝐬. 𝐈 𝐬𝐢𝐧𝐜𝐞𝐫𝐞𝐥𝐲 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐭𝐫𝐮𝐬𝐭 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐩𝐥𝐚𝐜𝐞𝐝 𝐢𝐧 𝐦𝐞 𝐚𝐧𝐝 𝐈 𝐚𝐦 𝐡𝐚𝐩𝐩𝐲 𝐭𝐨 𝐬𝐞𝐞 𝐭𝐡𝐚𝐭 𝐦𝐨𝐫𝐞 𝐚𝐧𝐝 𝐦𝐨𝐫𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐚𝐫𝐞 𝐩𝐫𝐨𝐚𝐜𝐭𝐢𝐯𝐞𝐥𝐲 𝐭𝐚𝐤𝐢𝐧𝐠 𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞𝐬 𝐚𝐧𝐝 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐚𝐜𝐡𝐢𝐞𝐯𝐞 𝐦𝐨𝐫𝐞. 𝐘𝐨𝐮'𝐯𝐞 𝐜𝐨𝐦𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐩𝐥𝐚𝐜𝐞.
Now to close out the month of April: it was another good month for the portfolio. I made some good acquisitions and rebalances. New additions and acquisitions included: $TWTR (Twitter)$ETSY (Etsy Inc)$AIXA.DE (AIXTRON)$NFLX (Netflix, Inc.)
The following positions were closed:
$2331.HK (Li Ning Co Ltd) at 🟢13.93%
$NTLA (Intellia Therapeutics Inc) with 🟢471.61%
$BRK.B (Berkshire Hathaway Inc) with 🟢31.52%
Despite and because of the good Earnings Season, there was some volatility that I was able to use well to achieve solid entry positions. The volatility at the moment stems from the fact that many companies are already "priced to perfection". Therefore, even small negative deviations from the set target are taken as an opportunity to get rid of shares and sell. I don't do that unless fundamental, business-critical circumstances change that have a lasting impact.
In the coming days and weeks you will often hear the phrase "sell in may and go away". Do not let this impress you. The phrase "sell in May and go away" is thought to originate from an old English saying, "Sell in May and go away, and come on back on St. Leger's Day." This phrase refers to a custom of aristocrats, merchants, and bankers who would leave the city of London and escape to the country during the hot summer months. St. Leger's Day refers to the St. Leger's Stakes, a thoroughbred horse race held in mid-September and the last leg of the British Triple Crown. It is mostly used by traders who are simply looking for a justification for the fact that there are also times when the stock market is in the red. However, many people forget that this is quite normal and does not require any justification. Seasonally, there is simply less trading in the summer months than in the winter - nothing more.
𝐈𝐧 𝐭𝐡𝐚𝐭 𝐬𝐩𝐢𝐫𝐢𝐭: 𝐡𝐚𝐯𝐞 𝐚 𝐧𝐢𝐜𝐞 𝐰𝐞𝐞𝐤𝐞𝐧𝐝, 𝐢𝐧𝐯𝐞𝐬𝐭 𝐚𝐧𝐝 𝐤𝐞𝐞𝐩 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐟𝐮𝐭𝐮𝐫𝐞!