I have hit my personal target & Im very pleased considering market conditions & my long term assumption that US will correct back to historical valuation averages.
I was early, but luckily on the right side of the trade
#THS remains in portfolio as my biggest holding. I believe the company should do well within the next 2 years, its highly cash generative & once the current chip shortage is over, margins should slowly keep going up in line with PGM's /1
(not that they are bad atm)All gains from this investment have been recently wiped out, but its a conviction play and I would be extremely surprised if sp stays at current level for longer. A quick twitter search should highlight opportunities/financial aspects of the business /2
Jan 9, 2021 • 25 tweets • 5 min read
Some thoughts and reflections from my personal investment journey in the recent years & a bit of help for new investors.
Long thread
Strategy
I run a concentrated p-folio that lacks diversification. This is my approach & I believe that focusing on a selective list of well researched companies that are undervalued on many metrics gives me a sharp edge over the wider market as long as I pick the right stocks.
