The time has come.

Not to be overly dramatic, but my portfolio today looks like an absolute cesspool of fluctuating garbage. I began a near total rebalance this morning and I gotta say, it feels great.

Call it the investing version of spring cleaning. Prior, I had >15 positions, some of which were companies I knew nothing about besides the fact that they’re stocks were off ~20-70% when I bought. For a long term investor, that’s no good.

Unfortunately, I have no charts or complex models to back this feeling up, but I think this current moment, for me, is a great time to rebalance and prepare for the long term. I view my brokerage account as a heavily risk-on, essentially venture portion of my investments. I want the risky-ass names that might just hit $100bn or $1tn someday.

Call me crazy, but we’re all about keeping it simple over here. My theses are little more than this: these companies have unbelievably solid management teams, strong financials, large TAMs, compelling narratives, and are heavily discounted in my view.

A few names I entered (in the interest of transparency):

$NVDA $ABNB $SPOT $BABA $SNOW $SOFI

Other names I’m considering:

$SHOP (increasing) $PYPL and $POTX

What names are you looking at? Are you holding off on buying the dip? For what reasons? As always, let me know where I’m wrong.