Quick monthly update on portfolio…
Wanted to do a quick update on my portfolio:
For the month of April: -8% ish about the same as $SPY
YTD: -9.82% vs SPY’s -12.39%
From inception : +48.28% vs 39.28%
I wanted to do a bigger post on my substack today but life works in mysterious ways and so other things came up, I will hopefully have my regular monthly substack post up by next Monday.
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Strat Becker's avatar
I'm curious, is $VMD the stock you think has the highest return potential in your portfolio?
Yegor From100Kto1M's avatar
@strat Not sure, can’t predict the future, I can say it’s one of the top that I like the most and feel like I know enough
Strat Becker's avatar
@from100kto1m do you have expected returns for any of your companies? Sizing positions is extremely important when even the best stock pickers are wrong almost half the time and imo a problem non-professionals often fall into is it weighting positions based on return potential, leading to heavy underperformance since the allocation decisions aren’t thought out thoroughly enough
Strat Becker's avatar
Obviously nobody can predict the future, but chronic under usage of probabilities seems to plague individual investors
Yegor From100Kto1M's avatar
@strat yes I do have expected returns for $VMD and for all of my holdings . I always (almost always?) buy below what I believe to be 50% margin of safety
Yegor From100Kto1M's avatar
@strat sizing to probability of success based on the price and giving higher probability to those which go lower I think is not bad way of looking… as long as fundamentals don’t change the lower it goes the less risky it becomes