Portfolio Reflection
I’ve been reflecting on the overall composition of my portfolio and realize that my top four holdings (Constellation Brands (Ticker: STZ), Vertex Pharmaceuticals (Ticker: VRTX), VISA (Ticker: V) and Apple (Ticker: AAPL)) currently make up ~ 59% of my portfolio value. Obviously, I have strong conviction with these positions and plan to hang on to them for a while. As you know, I also utilize special situation plays to add a bit of alpha to my portfolio. The special situation plays have positively impacted the performance of my portfolio. I plan to continue to utilize a growth investment theme in conjunction with special situations plays. I am very comfortable with my current portfolio and do not plan to make any major changes for the time being.
Here’s a summary overview of my current positions. I’m not going to talk about each of them, but I think you get the idea of my investment style. I still enjoy this game very much in trying to beat the market. If I didn’t believe that I can beat the market, I would simply invest in a low fee index fund. I stay far away from actively managed mutual funds since the fees they charge in comparison to their performance are not worth it.
posted by Money Turtle @ 3:43 PM
2 comments
2 Comments:
What you think about LO and RAI. They took a big hit. I am thinking if adding some.. With the dividend looks like a nice premium.
Thanks
AAPLTRADER
I see little risk in either LO or RAI. People sold on the news as they were expected a higher price and are worried about the regulatory process. I like LO for an investment as well as an arb play. It'll probably take ~ 9 + months to close this deal, which is an eternity for an arb. Like you said, you'll get a nice dividend payout along the way. If the deal breaks, LO should still do very well as a stand alone company.
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