@passiveinvestor

Sachiv's avatar

$421.1k follower assets

Trying to weed out my high conviction names. My #1 learning..can’t do it without being in the wrong names too! Some are compounders 🔥, others are just “pounders”! 🥶
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Sachiv's avatar
$421.1k follower assets
M&A - $VMW and others…
I guess it paid off holding onto $VMW for a while. A nice “return of capital” dividend in q4 2021, and now an acknowledgement of value by the market ($AVGO ) as networking companies try to beef up their offering.
With lower valuations and an outlook for a slower economy, I wonder which areas will be ripe for takeovers… I listened to a podcast this morning that put companies that burn FCF but have high customer retention(eg $WIX ; no position) ripe for takeover at 60-80% off their highs….thought? comment ⬇️
Sachiv's avatar
$421.1k follower assets
Becoming a full-time investor…
I love sharing interesting graphics, blogs, and backstories on what has helped others become great at what they do(investing or otherwise). Here’s another one from Safal naiveshak. (Look him up pls! Great free newsletters)
I keep this ⬆️ graphic handy for both good times and bad. A few weeks ago I posted his “funnel” on choosing companies to invest in. I also use another version of that funnel to manage my time…
saying “No” to many things means delivering better outcomes on your “yes” commitments! 🌟
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Really enjoy these graphics you share! I like the balancing of human and physical capital and thinking of your income as a stock or bond.
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Sachiv's avatar
$421.1k follower assets
Weekend read: Inflation and effect on companies (complete post in link ⬇️)
I love finding sources of learning, one’s that help me add to, or upgrade my checklist for both long term and short term(thematic) investing. Follow me if you’re interested in that! (Or tag me if you’re posting this kind of stuff pls, so I don’t miss it 😌)

Prof. Aswath Damodaran writes a bit on the technical side, but each post is thorough and focused.

I love the angle on value drivers and the use of historical data by class of stocks. Bottom line(spolier): Once inflation talk is in full force, nothing else really matters!

Sachiv's avatar
$421.1k follower assets
Adtech legislation in progress
Below is a link to NY Posts article on adtech scrutiny of companies like $GOOG $GOOGL. In short, if you participate in buying and selling ads, AND have them displayed on your own properties on which you get user data, this law will force a breakup of some parts of that business.

⬆️ for $TTD $PUBM $MGNI and $ATY, although I’m only long $TTD

⬇️ for $GOOG and maybe $AMZN at some point???

FYI WSJ also has an article about this, but it’s behind a paywall.

Sachiv's avatar
$421.1k follower assets
Becoming a full time investor - what does it take? 🖼⬇️
Again, credit for the amazing graphic ⬇️ goes to Safal Naiveshalk. This is a handy one I look to in good times and bad, to remind myself what I need, and what I DONT need to have to be successful.
(check out his website - free newsletter subscription too with some really great wisdom and processes to becoming a great investor (financial and otherwise.)
I love finding new inspiration, tools, and role models that I can apply to myself, my family and whatever I do(including golf). 🏌🏽
Follow me for similar insipiration! 🙏🏽
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Sachiv's avatar
$421.1k follower assets
Becoming a full time investor - amazing chart below 🙌🏽🌟
Again, credit for the amazing graphic ⬇️ goes to Safal Naiveshalk. This is a handy one I look to in good times and bad, to remind myself what I need, and what I DONT need to have to be successful.
(check out his website - free newsletter subscription too with some really great wisdom and processes to becoming a great investor (financial and otherwise.)
I love finding new inspiration, tools, and role models that I can apply to myself, my family and whatever I do(including golf). 🏌🏽
Follow me for similar insipiration! 🙏🏽

Sachiv's avatar
$421.1k follower assets
Dividends 💰
I don’t invest just for the income, but I like solid capital allocators. Each company ⬇️ has great OCF/FCF and they look like will have this consistently overtime. The resilience of moats look strong! I’m wRy of high yield cos because I’ve noticed some to be very cyclical (oil & gas for example), but I’m open to learn which industries I should be looking at for both capital growth and small income streams!

$ACN $0.97 / share 1.33% yield
$TXN $1.15 / share 2.65% yield
$ASML $3.89 / share 1.12% yield
High yield is always a concern of mine, first question is always "why is it so high", and the answer is seldom great.
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Sachiv's avatar
$421.1k follower assets
Cool app - multiple uses!
Here’s a really cool app I just came across(I have no connection with the creator/poster). While they see it primarily used for social media, Can’t you easily see this being used for those of us who check prices multiple times a day(even on weekends, just to “scratch that itch”?!)?


Android beta sign up is available. ios is out now…

If anyone has used it, please post a review in the comments ⬇️
A cool tool for people looking to cut down screen time and be more mindful of the noise. In effect I think you're right in that its use case might also help people avoid constantly checking prices and their portfolio multiple times a day .
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Sachiv's avatar
$421.1k follower assets
Cash generation
What big opportunities will reveal themself in the next 3-6 months- when I say big, I mean where you are willing to put in 10% of your entire investable amount within a short period, and don’t mind waiting out for an economic cycle to play out and multiples to expand like they did in 2020-2021.

I’m watching for drops in couple of companies across multiple sectors and growth rates. Names include $TXN $SIVB $TSLA $NVDA $TTD, just to name a few. Some have stable returns and yields, some are high growth with income, and some have strong relationships that enable high beta growth vs the economy and should be invested when things look bleakest. I have added some stakes last weak, but I don’t believe things look quite so bad just yet…

I don’t like watching too many names. I would say 10-15 names are sufficient if you know them (and the industry) well, and have an updated checklist on each of them and their competition.

I’m keeping a 30-35% cash position while waiting…

Thoughts?

PS - I should add this post is an evolution of my thinking from my learnings by losing a LOT of money by not listening to many many amazing posters on fintwit and various substacks. Rather than be 100% buy and hold, it would be wise to CONSIDER a part of both the speculative(eg biotech) and low/medium quality (eg high cash burn, high SBC cos) positions to be subject to market cycles, and act accordingly… thoughts and criticisms always welcome!
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Sachiv's avatar
$421.1k follower assets
Cash
“It takes character to sit there with all that cash. I didn’t get to where I am by going after mediocre opportunities.”
Charlie Munger
My thoughts on this - “FOMO vs FOBI” is a huge issue in todays connected world. It pays to simplify, stick to your core competence, and manage your finances conservatively. Any hurry to make money or compare yourself to others will probably end in disaster!