Monthly Portfolio Review - January 2022
Monthly Portfolio Review - January 2022
Hi all,
Regular readers might have noticed that there was no newsletter last week. January is a busy time of the year for me professionally so I did not get time to write something meaningful. With January now in the rear view mirror, you can expect plenty or earnings reviews to come in February. But first, we’re kicking off the month with the first monthly portfolio review of 2022.
Transactions
Acquisitions
I added to my positions in the following companies:
Facebook (FB)
Shopify (SHOP)
No new positions or disposals this month.
Allocation
Buy List
Stocks that are on my radar to add this month:
Nvidia (NVDA) - Still on the buy list as a long term holding.
Sea Limited (SE) - Despite rebounding off the lows of $120 the current valuation is attractive compared to historic multiples.
Amazon (AMZN) - As I mentioned last month, if the valuation remains within the current range I will be increasing my position.
Final Words
January was another tough month for growth investors (I feel like I’ve been saying this for a few months now). One of my key learnings from 2021 was to avoid catching a falling knife. As you can see from my transactions this month (or lack of), I have been very patient. I am waiting for these knifes to hit the floor. I expect to wait until the majority of my holdings have reported before making any moves in February. PayPal and Facebook have already been decimated by the market so I am in no rush to jump into anything just yet.
Check out last month's portfolio review
Contact me
Twitter: @wolfofharcourt
Email: wolfofharcourtstreet@gmail.com
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Happy investing
Wolf of Harcourt Street
Disclaimer: I am not a financial adviser and I am not here to give specific financial advice. The opinions expressed are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. The information is based on personal opinion and experience, it should not be considered professional financial investment advice. There is no substitute for doing your own due diligence and building your own conviction when it comes to investing.