How to Build a World-Class Stock Portfolio
The Team Wins The Game
Dear Investor,
I'm excited to share some excellent news! Iâm expanding my offerings to include in-depth single stock research, complementing the free newsletter.
For the past 20 years, I've honed my investing approach through firsthand management of my own finances. I firmly believe that practical experienceâhaving real skin in the gameâoffers far more value than merely absorbing popular investing quotes or theories.
To clarify some common inquiries and ensure this service aligns with your needs, please consider the following details:
Perspective on Stock Reports: Each report is a component of a broader investment strategy, not a standalone recommendation. Successful investing requires a balanced approach, much like a well-rounded sports team. Donât chase stocks, build portfolios instead.
My Investment Philosophy: I avoid chasing market trends. Instead, I focus on building a portfolio that reflects my desired qualities in holdings. Expect insights into businesses that represent a "great business at a good price," regardless of conventional growth or value labels.
Geographic Focus: The research will primarily cover companies in the United States, the European Union, the United Kingdom, and Switzerland, with a distribution of roughly three-quarters from the U.S. and a quarter from Europe.
Long-Term Investing: These reports are designed for long-term investors, with a recommended holding period of 3-5 years or more.
Publication Frequency: Expect 1-2 detailed reports monthly, aimed at facilitating ongoing investment rather than timing the marketâa strategy often fraught with unpredictability.
Company Sizes and Sectors: We will explore companies of all sizesâsmall-caps to large-capsâand focus on sectors that do not heavily depend on commodity prices or are as volatile as the airline industry.
Analysis Framework: Each report will evaluate both the qualitative aspects (management integrity, business model, competitive moat) and quantitative metrics (profitability, cash flow, valuation).
Pricing: Access to each report will cost $19.
Selection Criteria: The order of analysis will be based on the best perceived risk/reward ratio at the time of publication.
Price fluctuations of up to +/- 20% within a year are typical for any stock. It's important not to get overly excited or discouraged by short-term movements in either direction.
I focus on uncovering hidden gems rather than chasing the heavily favored stocks of the financial industry. There are countless exceptional companies around the world that often go unnoticed. Why not explore the potential in these lesser-known stocks? Nevertheless, I remain vigilant. If the market overreacts to a "lower guidance" announcement, for example, I will promptly bring this to your attention, offering a nuanced perspective on the situation.
And perhaps the most crucial point: I steer clear of "high conviction ideas." Overconfidence in the market is a common pitfall, even for seasoned investors. No matter how undervalued a stock may seem or how promising its growth outlook is, the one constant in investing is uncertainty. Regulatory shifts, geopolitical tensions, supply chain disruptions, market volatilities, and corporate scandals can all swiftly change the landscape. I approach each company pragmatically, not sentimentallyâthey are assets in a portfolio, not favorites to be adored. This mindset informs my strategy of maintaining modest position sizes, thus mitigating risk and optimizing flexibility.
Additional Information:
New Platform Transition: In the coming weeks, weâll transition to a new platform, Beehiiv. I will handle the transfer of your email addresses and notify you when the first welcome email is sent out to ensure smooth communication.
This service is your window into building a global, diversified portfolio with top-tier companies, step by step. If you have any questions or need further clarification, feel free to reach out in the comment section.
Looking forward to our continued journey in investing.
Until the next issue. đ
P.S.: Stay tuned for our first feature on a seasoned software companyânot merely a tech playerâthat recently surpassed earnings expectations. More details in the upcoming article!
If youâre looking forward to build an elite stock portfolio, let me know by clicking the âLikeâ button â¤ď¸.
And if you arenât a subscriber yet, then sign up below to not miss out on future articles.
For the new readers: Check out all my previous posts here
Disclaimer: This analysis is not advice to buy or sell this or any stock; it is just pointing out an objective observation of unique patterns that developed from my research. Nothing herein should be construed as an offer to buy or sell securities or to give individual investment advice.
what is the reason for moving? commissions/fees or?