The median tenure of public company CEOs is about five years [1]. They come and go. Many of them are paid handsomely to run a company – in either cash or stocks that vest in 3 to 4 years. They’d own some shares while they work for the company and then cash out as they … [Read more...] about My investments with founder CEOs
MyPortfolio
Mid-year portfolio update 2018
Since my last quarterly update, there haven’t been many changes in my portfolio. Stocks have been on the rise since April this year -- making up for the losses in the first quarter. Looking further back, if I compare today’s asset allocation with what I had last year, there have … [Read more...] about Mid-year portfolio update 2018
Benchmarking my portfolio against Yale’s endowment
I realize that this sounds silly. Individual investors and university endowments don’t play in the same league! Still there is no harm in studying other investors’ portfolios. Even those that are managed professionally. For perspective, current market value of Yale University’s … [Read more...] about Benchmarking my portfolio against Yale’s endowment
Apple, Starbucks, Facebook, Tesla
These are all well-known companies. They are also very successful stocks since their respective IPOs. And they all have been rising with the market for last few years. Then what am I doing still buying them today? I own all four companies for many years. You can see my … [Read more...] about Apple, Starbucks, Facebook, Tesla
Quarterly portfolio update – March 2018
I don’t pay much attention to quarterly stock market changes. I don’t spend time trying to read tea leaves either. However, when the market goes down 10% or more from its peak, it spurs me into action. Why? As I detailed in this blog entry, I have a cash-as-dry-powder strategy. … [Read more...] about Quarterly portfolio update – March 2018
How media get things wrong
Be wary of news briefs from the financial media – they are designed to catch reader’s attention but in reality often mean nothing – or worse could even be misleading. I follow mainstream news but with care. On one hand we investors need to stay abreast with news related to the … [Read more...] about How media get things wrong
Why I am buying Blackstone
You can see from my 4Q portfolio update that I have been buying shares of Blackstone (BX). I first bought some shares in the third quarter last year – bought again in the fourth quarter – and my last purchase was in January. Blackstone is a somewhat unusual public company. It … [Read more...] about Why I am buying Blackstone
4Q 2017 quarterly portfolio update
There weren't many changes made in my portfolio last quarter. I did not start any new stock position - though I did add to three of my existing positions. I closed a couple of small stock positions where I took capital losses. There were no changes in my mutual fund positions. … [Read more...] about 4Q 2017 quarterly portfolio update
A deeper look into my portfolio
We take a deeper look at my investment portfolio in this post. A majority of my investments are in stocks or stock index funds. I have been working on my investments for last 20 plus years. These investments have evolved over time – initially all I had were some stock and bond … [Read more...] about A deeper look into my portfolio
What my portfolio contains today?
As you can see from the pie chart, about two-third of my portfolio is invested in stocks. Mostly in either individual stocks or stock index funds. I have some real-estate investments but they are about one-sixth of the portfolio. I keep some cash for my near-term needs and the … [Read more...] about What my portfolio contains today?