2025 Year End Performance

As I reflect on 2025, it was one of the more difficult years as the averages literally ran circles around me. My portfolio generated a return of + 5.04%, which I am grateful for as the first half of the year was very challenging with negative returns. The position that really dragged down the portfolio was Constellation Brands, which generated a whopping negative return of - 37.57%. It didn’t help that my other positions just generated mediocre returns (Apple = +8.56%, Visa = +10.97%, Mastercard = +8.41% and Qiagen = -1.82%). This is what happens when you run a concentrated portfolio.

Looking into 2026, I am looking to diversity my portfolio with more of an income generating bent. Some of the newer ETF’s such as QQQI and SPYI are interesting. The problem right now is that everyone raves about them, and I just wonder what can go wrong. In the meantime, I’ll still be active with selling puts to generate some income.

This may finally be the year with some quality private companies coming to market. Some big ones coming to mind are SpaceX are Databricks, which are both generating strong cash flow. I can see both as core positions at some point.

So, looking at the past 14 years, I was able to generate a CAGR of 23.30%, which ticked down slightly from the previous year. I continue to try to target at least a 10% annual return going forward.

That is all I have, Have a healthy and prosperous New Year!

 
2025 Performance = +5.04% with the running monthly returns as follows:
 
January -2.61%
February +2.79%
March -4.16%
April -1.67%
May +0.07%
June -0.96%
July +0.31%
August +5.57%
September +1.50%
October +2.84%
November +1.19%
December +0.44%
 
Annual performance for the past 14 years is as follows:

CAGR from 2012 to 2025 = 23.30%

 
2012 +61%
2013 +44.61%
2014 +29.47%
2015 +33.48%
2016 +14.61%
2017 +42.12%
2018 -4.11%
2019 +40.17%
2020 +32.81%
2021 +13.58%
2022 -14.14%
2023 +29.76%
2024 +20.74%
2025 +5.04%