Performance Report + Ratings Revision + Paid Product Launch
55% Annual Return; Outperforming S&P 500 by ~87%
Since I started this Substack on March 29th, 2023 my portfolio has delivered an average annualized return of 55% as of July 21st, 2024. During the same time period $SPY has returned an average annualized return of 29.54%.
On a total return basis, the portfolio has earned $2,484 for a total invested ~$7200, which is approximately 35% return. Please take note that some of these investments have been invested for longer than a year and some for less than a year which is why I encourage you to focus on the annualized return of 55%.
You can find the details of positions held and how they have performed over the past 16 months here.
Commentary:
In the last 3 months, most of the movement has come from small caps finally gaining some ground. I am very happy with the way the portfolio is set up right now and can’t wait for the Fed to cut rates which should supercharge the small caps.
Real Estate has recovered a little bit too owing to interest rate expectations.
Renewable Energy got a bid but got slammed after Biden’s disastrous debate performance and Trump continuously railing against renewable energy. I remain bullish on renewable energy as a fundamental believer in climate change and think it will turn around, even if it takes a whole presidential term. When your outlook is 20 years, a 4 year accumulation period does not sound that bad.
In conclusion, I am very pleased with the way the portfolio has performed, outperforming S&P 500 by ~87%. And I am very excited about the way my portfolio is positioned for the 2nd half of the year.
Here is an update on what I am doing with my positions:
For all the tickers that I still own, my thesis has not changed and I am still bullish and adding to some of them. You can find my thesis here if you missed any.
[Buying]
[Holding]
$BTC
[Rebalancing & Maintaining % of Net worth position]
[Sold]
As shared in the trading alerts I published, I started selling Nvidia to rebalance my position whenever my Nvidia position grew larger than 5% of my net worth.
I also sold out of my $RIOT & $MARA positions completely and sold a third of my $BITX position.
Introducing First Paid Product - WealthWise: Volatility:
As I started getting deeper into investing, I started focusing on more ways to get Alpha out of the stock market. As a result, I started testing various strategies to see where I can get the most juice out of.
Today, I am very excited to introduce to you one of my first high-alpha strategies which has returned a whopping 136% annually since May 12th 2022. The strategy has delivered a total return of 284.74% since May 12th 2022.
This is a relatively high frequency trading strategy where no consideration is paid to hold time or tax consequences. I also use very high risk tickers in this account to drive this kind of a return. This strategy is for you if your risk tolerance is extremely high, you are playing with a small portion of your net worth and are willing to execute quick trades (you could use limit orders so you don’t have to actually place orders when markets are live).
Given how well this strategy has returned since inception, this product is going to sit behind a paywall. If you want to learn more about this strategy, here is my first paid article detailing the strategy aptly titled: This Is My Mona Lisa!
Past performance is no guarantee of future results.
The ideas discussed in this article should not be constituted as investment advice.
Disclosure: We own positions in some/all of the tickers mentioned in this article.
Articles published within the 30 days prior to publishing the performance analysis are not included in the analysis because of the outsized impact it has on the annualized return number.