Aug. 4 at 2:11 PM
July portfolio update:
• July: -8% vs
$SPY +1%
• YTD: +41% vs
$SPY +11%
• 3-Year: +297% vs
$SPY +90%
A lot of people asked: with heavy AI infrastructure exposure, how did I limit the downside?
Simple: I don’t run a one-theme portfolio.
My strategy is built around two engines: software + semiconductors, with some fintech exposure.
When software was ignored by the market, I added to high-quality names like
$PLTR and
$RBRK.
When semis became overheated, I trimmed aggressively and built cash. As the correction created better opportunities, I started putting capital back to work.
My style is simple:
Own long-term winners. Adjust position size when risk/reward changes.
I used to be pure buy-and-hold. My results improved when I learned to trade around core positions.
The biggest opportunities usually appear when great businesses are temporarily misunderstood.
