Every month I put aside some money into a portfolio aimed at long-term bets over the next 20 years. I will be gifting this portfolio to my future kids someday. I hope to use these memos as an educational tool to teach them about the world. With any luck, managing the portfolio will become a shared activity to collaborate on as they grow up.

It is one of the main reasons why I invest.

Performance from the first 16 months:

‌‌Month #1 Aug 2020: $ARKK -16%

Month #2 Sep 2020: $ARKG -22%

Month #3 Oct 2020: $BTC.X +265%

Month #4 Nov 2020: $BTC.X +132%

Month #5 Dec 2020: $NVDA +82%

Month #6 Jan 2021: $VT +8%

Month #7 Feb 2021: $PACB -61%

Month #8 Mar 2021: $TSM -3%

Month #9 Apr 2021: $KLIC +2%

Month #10 May 2021: $TTD +22%

Month #11 Jun 2021: $ETH.X +39%

Month #12 Jul 2021: $ETH.X +30%

Month #13 Aug 2021: $ROKU -62%

Month #14 Sept 2021: $ETH.X 0%

Month #15 Oct. 2021: $RBLX -32%

Month #16 Nov. 2021 $APPS -27%

Month #17 Dec. 2021 $VMEO -28%

Month #18 Jan. 2022 Cash 0%

Total portfolio return: 17%

In January I didn't make a buy— markets have fallen a ton and there isn't necessarily any mandate to buy a new stock every month. Roku and Pacific Biosciences have gotten torched; everything bought after September of last year is down 30%.

Addition for February: Opendoor $OPEN

My thoughts on Opendoor can be found here.

Opendoor is a very risky bet. They're extremely early in what they're trying to do. Over 20 years, this will likely be either a 0 or home-run.