Monday, May 03, 2021

April 2021 Performance

Well I finally made it back to positive territory with April’s performance. I can thank Constellation Brands and Visa for their April contribution. Cash still remains steady at ~9% as I still do not see any compelling opportunities out there. There were no major transactions with my portfolio other than generating some incremental income by selling way out of the money weekly Puts.

April was really a boring month with merger arb / special situation plays. I did absolutely nothing in this space, which is pretty rare.

So, this is really a short April recap as there is not much to report. I’m morphing into a true long term buy and hold investor.
2021 Performance = +5.2% with the running monthly returns as follows:

January -2.1%
February +0.6%
March +0.99%
April +5.77%


At May 15, 2021, Anonymous Anonymous said...

Are you adding to ABNB? Earnings were very good, but 500mil shares are up for lockup expiry on monday.

At May 17, 2021, Blogger Money Turtle said...

Yes, I've been adding to my ABNB position.


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