Leaderboard

The recent thread on concentration vs long term holding was very provocative and led me to some rebalancing. Thanks to @Viking for starting it and to all the contributors for fleshing it out. Presenting, the No Position Bigger than Berkshire Portfolio Here it is in all it's glory Warts exposed to air Views expressed are a priori Warning, there will be hair (Expected Holding Periods => 2-5 years => 5-10 years => 10 years or more) percentages based on present market values 2-5 year bucket: DPZ 5.9% (still love the business but would trim on strength and keep a tracker) (edit : increased to 7.8% may 1st) SFTBY 2.2% (will Masa get back to his roots & will ARM & BABA be helpful? I had no business buying this and had already trimmed and reallocated 50%) STLJF 1.8% (sells wood products to both infrastructure and consumer markets. shows pricing power. results aren't getting recognized) CMCSA 1.3% (kind of pairs with Disney. a gift from my Mom) CLB 1.2% (an unsightly weed that will eventually be removed) 5-10 year bucket: Nintendo 6.9% (trusted gaming content for all ages. don't see how Donkey Kong could ever get accused of grooming kids. why isn't this a meme stonk?) (adding and hope to trim opportunistically while keeping a nice sized position that may get moved to the 10 year + lockbox). ADSK 3.6% (sticky virtual infrastructure play. low capex. duopoly with SolidWorks [Dassault] in mechanical and electrical design for builders big and small) (transition from perpetual licensing to SaaS is still rippling through revenues. opportunity to onboard pirated users. hodling. INTC 3.2% (all semis and semicaps have seen their futures in jeopardy at some point) (falling knives hurt) (hodling) BBH 3.2% (spreading out the risk in biotech & pharma) SMH (VanEck Semis) 3% (I like the composition and pair it with Intel) (already trimmed and left a biggish tracker that will get re-trimmed and tiny-tracked if it works out) CITI 1.7% (hopeful that the assets are at least half as solid as the liabilities) (drop it if it gets hot) TYL 1.8% (more sticky virtual infrastructure with low capex requirements. NIC digestion ongoing. would like to see cash flow smooth out) Altria 1.1% (last gasp, or bull in a vape shop crashes into a fortune?) (sell out opportunistically and buy a new pair of pants with the proceeds) 10 year + lockbox: BRK 15% (there can be only one) NVO 14% (in a more prosperous world, people are going to eat) EW 11.9% (everbody's got a heart. I sold too many shares early on. CEO Mussalem is stepping down after leading the company since the Baxter spin) ($468m patent infringement judgement for Abbott (mitral / tricuspid), against EW last year. Still dominating TAVR with Medtronic. Abbott got FDA approval for their 1st TAVR device Navitor.) DIS 7.9% (entertain us) GOOGL 5.6% (there's more money to be made) ABBV 4.6% (lot's of people are uncomfortable in their skin. the commercials are relentless + my Mom left this to me and her Mom left it to her. i'll keep it) ABT 2.4% (competes with Edwards on left ventricular assist devices and now TAVR. won a recent judgement against EW over mitral : they make other essential stuff and occasionally get chided for it : another Grandma to Mom to me stonk. think i'll keep it) HTLZF 1.8% [slow roll up? babies are the best people and grow up to be gamers. pairs well with Nintendo] and about 2% investible cash [Anything that get's bigger than BRK gets a trim] I recently, reluctantly, trimmed NVO and am trying to put 1/3 of the proceeds into Nintendo. I am the Bullgod I am free and I feed on all that is forsaken I'm gonna get you I see through you I'm gonna get you More like a Bullfraud who got lucky with a few concentrated purchases [BRK/EW/NVO]

You did not say “to the moon”. You said you weren’t sure if it would double or triple. You didn’t say “don’t know what they are doing”, you said that “we don’t know what they will create”. I’m very sorry and I apologize. I am completely in the wrong and i will be more careful not to make such flippant comments in the future.