𝗠𝗬 𝗦𝗧𝗢𝗖𝗞 𝗣𝗢𝗥𝗧𝗙𝗢𝗟𝗜𝗢 - 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟮
If you look at my portfolio you will see that the largest positions today compared to a year ago are not the same. That's because some stocks did well last year while others are doing well this year. A good portfolio should be one with stocks that have low correlations with each other and with the market $SPX500 so that overall in the long-term, it does well.
🇺🇸 In the US Stock category, we have GEO Group, UNFI, Skyworks Solutions, JPMorgan Chase, Alaska Airlines, Essent Group, and Apple $AAPL . While I'm bullish on all these stocks, the ones I'm the most bullish on are UNFI and Essent Group. The most recent addition is iRobot $IRBT .
🇨🇳 I have 3 Chinese Stocks in my portfolio, DouYu, Qudian $QD, and China Mobile. These are bets on the new and old Chinese economies respectively. Qudian is a deep value stock, selling under its book value while China Mobile is a value stock with a big moat. Although Chinese stocks are doing poorly in recent months, I believe that over the long-term, it is still a good idea to bet on China. I also have the South Korean ETF.
⛏️ I have 2 commodity stocks in my portfolio, FreePort-McMoran $FCX and Polymetal International. FreePort-McMoran is the best performing stock in my portfolio over the last year with the bull market in Copper $COPPER which is set to continue with the Copper Supply Gap.
🌟 I have two special situation stocks in my portfolio, Genworth Financial, and Discovery. Genworth Financial is going to have an IPO for its Mortgage Insurance business. Discovery will merge with AT&T's WarnerMedia.