Thanks for the write up! I hope you will continue to write about these companies. My feedback about these companies are position sizing which 80% of the game :)
Yeah that's fair. I think collectively my portfolio is about 40-50% "asymmetric" and 50-60% what I'd call index trackers with upside optionality. Around 10 names is where I end up at with the most concentrated being the types mentioned above.
I think it depends on the personality, I am not as brave as you :). I put the asymmetric part of mine at 10-20% the rest will be the FAANGM types of companies. I think John Huber from saber said the best return come from the best companies. Ideally you want to find them early like amazon in 1998 or anytime before 2015. But I am not that smart, but I still like companies like amazon and google in today’s valuations tho. So in my view Cavana is not proven yet, hence deserves a small size.
Thanks for the write up! I hope you will continue to write about these companies. My feedback about these companies are position sizing which 80% of the game :)
Yeah that's fair. I think collectively my portfolio is about 40-50% "asymmetric" and 50-60% what I'd call index trackers with upside optionality. Around 10 names is where I end up at with the most concentrated being the types mentioned above.
I think it depends on the personality, I am not as brave as you :). I put the asymmetric part of mine at 10-20% the rest will be the FAANGM types of companies. I think John Huber from saber said the best return come from the best companies. Ideally you want to find them early like amazon in 1998 or anytime before 2015. But I am not that smart, but I still like companies like amazon and google in today’s valuations tho. So in my view Cavana is not proven yet, hence deserves a small size.