Discover more from Palantir Bullets
My Simple Portfolio
Few companies, strong convinction.
Given the interest and feedback that I’ve received, I will share my portfolio updates periodically and the rationale behind any adjustments and changes.
As of this moment (late July 22’), my positions are:
This is not investment advice.
At the beginning of the month, AAPL 0.00%↑ was my main position at ~45% of the portfolio.
I recently exploited the 15% divergence between Apple and MSFT 0.00%↑ in order to reduce Apple and make Microsoft 15% of the portfolio.
The rationale is simple:
Less China-Taiwan Risk: China is Apple’s most important market for growth but relies on CCP and is more vulnerable if tensions with Taiwan arise.
More Recurring Revenues: MSFT 0.00%↑ Revenues are mostly Recurring, which offers more downside protection if a global contraction happens.
Same “Big Tech” exposure: they tend to move together because they have the same exposure, or as investment managers say “Beta”.
I consider Apple and Microsoft my “steady compounders” which I could “sacrifice” if I get the opportunity to increase Palantir at an insulting price like $5.
As you may have noticed, I am not really interested in macro.
I am just focused on pursuing outstanding companies which can survive in whatever environment and pay the lowest price possible for them.
"If you spent 13 minutes a year on economics, you’ve wasted 10 Minutes" - Peter Lynch
Are you interested in this kind of update? Please let me know with a comment!
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View expresses are my own. Do not represent Financial Advice.