I admit that my stock portfolio is not doing well this year. Nearly all my major holdings are down by double digits. More than half are down by a third or more. Five are down by 50%. My top 25 holdings make up vast majority of my stock portfolio – about 88% of it. Here is the … [Read more...] about Near-term returns versus long-term
Stocks went down again in September, this time dropping below the June lows. Year to date, the S&P 500 index is down by about -24%. It is a veritable bear market indeed. In response to the S&P 500 touching new lows, I invested more of my dry powder cash at bargain … [Read more...] about Better to be too early than too late￼
Ken Fisher (founder/CEO of Fisher Investments) recently asked this on Twitter: Is the amount of ink and time spent on [this] “Bear Market” relative to the total time down below -20%—bullish or bearish? He was referring to that short period of time in June-July (about a … [Read more...] about More stock buys in June
These days, there is a steady drumbeat in the financial media about an imminent economic recession in the country. I don’t have a position on whether one is inevitable. I try to only invest in quality businesses that can survive (and even thrive) in a recession. Like Chris Davis … [Read more...] about Who is afraid of a recession?
As the S&P 500 swooned to a new low in late May, down 20% from its peak, I bought more shares. I have now nearly one-third of my dry powder cash invested in stocks. What did I buy? Here’s a list of all my stock purchases since this drawdown began late last year: In my … [Read more...] about Mid-year dry powder update
As I sat down this week to research for a new blog post, I read several news headlines on how Berkshire Hathaway (BRK.A, BRK.B) has outperformed the stock market this year so far. This motivated me to take a look at my own investing history with Berkshire. Berkshire and I go … [Read more...] about Long live Berkshire!
In May 2020 annual shareholder meeting, Warren Buffett said this: “You’ve got to be prepared when you buy a stock to have it go down 50% or more and be comfortable with it, as long as you’re comfortable with the holding.” He went on by pointing out that Berkshire Hathaway’s … [Read more...] about Ready for a 50% drop?
As promised in my last blog post, here’s a recap of my stock holdings’ performance in 2021. In this post, I will let the charts do most of the talking. For context, see this post for my year-end 2020 performance. For my one-year performance, see below chart. I underperformed … [Read more...] about How my stocks did in 2021?
This post is a trip down the memory lane. Ten years ago (December 29, 2011, to be specific), I had a smaller investment portfolio that also looked much different. It sported more cash. It had more stock mutual funds than individual stocks. I still had some employer-granted stock … [Read more...] about My portfolio ten years ago
This blog post is about my top-ten stock positions—today and since the Covid recession. The pandemic induced economic recession lasted only two months in the USA—from February through April 2020. The resulting bear market in stocks lasted about a month (peak to trough) and then … [Read more...] about My top-10 holdings today