Jun. 14 at 2:39 PM
Portfolio Update — June 14th
Very volatile week in the market, but I kept it pretty simple.
I continued my DCA into
$BN and added a little more
$NOW on the small dip. Brookfield is still one of my favorite long-term infrastructure/real asset compounders, and ServiceNow is still one of the highest-quality software companies I follow.
$NOW just reported Q1 revenue growth of 22% YoY and continues to show strong large-customer momentum, so I’m happy adding while the stock is this beaten up.
I also added
$UBER to my watchlist and will be watching it very closely. The more I research it, the more interesting the business looks. In Q1, Uber reported 199M monthly active platform consumers, 3.6B trips,
$53.7B in gross bookings, and
$2.3B in free cash flow. It is not the old unprofitable Uber anymore.
I still have some cash ready for dips and to continue dollar-cost averaging. I am honestly happy with where my
$SOFI position is at, and
$OSCR continues to run.
Nothing crazy this week.