Thread by @RamBhupatiraju

My holdings going into 2⃣0⃣2⃣1⃣ (not recommendations).

No idea how their stocks will perform in 2021, but fairly confident of their strong Business performance in the next few years (well, in most cases) in the normal or social-distancing scenarios.

Before someone comments

This is a mashup of TWO portfolios (hence the higher # of Co's).

Personally, I like a mix of mostly growth Co's with some stable/high quality Co's and few dividend focused Co's.

Just like investing is a highly personal journey (based on our goals, risk tolerance, time horizons, capabilities & strategies), the optimal # holdings in each Portfolio is also very subjective.

Personally I prefer 25-30 Co's in a Portfolio, with higher concentrations in the Top 10 conviction positions (maybe around 60%), leaving some room for the smaller Co's to grow into based on their growth, optionality etc.

From an individual investor perspective, some of these Co's don't need our constant monitoring on the Operational performance ( $AMZN $GOOG $FB $CRM $TCEHY $NKE $BRK $V $MA $SBUX $NKE) as they're dominant in their industries & it's expected to continue for the foreseeable future.

It's the younger/Smaller Co's (but also with high up-side) that need more monitoring to ensure thesis playout and building up of conviction.

Ex : $TWLO $DOCU $ROKU $TTD $SQ $SHOP $MELI $SE $TDOC $ZM

since these Co's are
-At the leading edge of the trends
-Trying to carve their moats
-Hyper Rev growth (no profitability due to heavy investment)
-Rapid product/feature innovation

Some goals for 2021

1⃣ Lesser focus on 52 wk high/lows in determining the Buy points. More focus on Research/Conviction vs available opportunity ahead (both for the Company and your Capital).

2⃣ No bloat. Each position should justify it's current position in the Portfolio, irrespective of it's initial entry reason. No room for endowment effect and status quo bias.

3⃣ Have even clearer thesis with 3-4 pts to monitor the Operational/Financial performance and what would cause you to sell the stock.

4⃣ Available Capital should give more preference to adding to existing holdings (based on conviction/opportunity) before buying a new Company (unless it's very high up in the Watchlist, already researched, and attractively priced).

5⃣ Add up to your Winners (when Stock performance and Business performance are correlated).Stop treating a low cost basis or high % gain as sacred. Current opportunity is what matters.

My Watchlist👀is long but below are the top ones

Top 10 : $CRWD $NET $PTON $CHWY $JD $PDD $RDFN $U $PYPL $BL

Next 10 : $AAXN $GDRX $COUP $DDOG $ESTC $FVRR $FTCH $IIPR $CRNC $RGEN

Big/Old Co's that I'm interested in: $MSFT $ADBE $ADSK $TEAM $COST $HD $NFLX $NVDA $HDB $HEI

Good Luck to you all in 2021. 👍

Investing in March/April wasn't easy, but the last 6 months definitely make investing look easy than it should be (with hype/quick gains in many sectors, detached from Fundamentals).

The Fed and Gov support tailwinds to Market aren't always this favorable. Companies and their stocks should be able to stand on their own and those are the types of Co's where I would invest my capital.

/END.