Thread by @sdub2019

Watched two great interviews of superstar investor @JonahLupton by @investing_city and @RichardMoglen
Learned a ton! Thank you Gentlemen!

The Investing City Podcast: Jonah Lupton

How to Invest in Growth Stocks in 2021

1) Some notes:
1. started to build his own portfolio in 04/2020
2. found #Fintwit on Twitter
3. sharing portfolio, very transparent
4. picked by @chamath as one of emerging investing managers, congrats!
5. put a lot of researches into his positions
6. 2/3 investor +1/3 trader

2) 7. core position size 5-9%, not married with any stocks
6. portfolio style: 2020 investing in themes (ecommerce, digital payment, online gaming, EV, cannabis, infrastructure)
7. end of 2020 transitioned out of hot names ($ZM, $PTON) into EV and cannabis and SPACs.

3) 8. SPAC is a way for retail investors to participate as late stage VC money (1-5B) w/ understanding of risk, less revenue, no profit (2 or 3 inning).
9. process to find ideas and DD: #Fintwit; screener (>30% growth, 0.25-10B); no biotech/semi; look for fresh names; ...

4) ... 40 newsletter subs. tikr.com / yahoo for fundamentals; company website (finance, mgmt); start with 1-2% for new position; 8-10 hours for a stock writeup.
10. look at market cap, rev growth, and gross margin
11. sometimes use stop loss

5) 12. 2021 focus on small or mid market cap (<10B) with significant growth (>30%) and strong fundamentals. Expect 5X in 5 yrs.
13. portfolio management strategy: 2-3 hours DD on a company before starting a position (1-2%). focus on emerging disruptors. Buy/add on red days...

6) ... Use bollinger bands to trim. Using EMA to add.
14. going to GYM contributed to success!!
15. book rec: 100 baggers by Chris Mayer.
16. Advice to new investor: hold on great stocks, start small, don't trim winners to add losers.

7) 17. $DMTK, biggest position (10%), tikr/yahoo finance to look fundamentals, faster/cheaper technology to detect skin cancer. can perform similar as $EXAS.
18. $UPST (7%), AL leader in lending. Future of underwriting.
19. $PRCH, real estate, vertical software platform for homes

8) 20. $MWK, AI-powered, multi-platform e-commerce focused, accelerate M&As. good founder.
21. $INSP, use neuro-stimulation technology to help people w/ sleep apnea
22. $APPH: future farming
/End