Put in $4000, then purchased:
$300 for APO
$500 for ARES
$300 for BN
$400 for BX
$592 for OWL
$300 for AMZN
$500 for META
$300 for NVDA
$300 for PYPL
$300 for TSLA
$300 for UNH
I got a bit greedy today and put more money in, so that I can invest in more companies which went down significantly recently. For example, $META is trading at around $530, which last happened a year ago.
With the US Israel Iran war has no end in sight, Brent crude oil price surged to over $106 and the stock market dropped for five weeks. My portfolio dropped significantly since the last update with IRR dropping 382 basis points.
The alternative asset managers still didn't do well, and it's getting worse a bit over the past weeks due to private credit funds in different companies hitting redemption quota. 2026 Q1 fund raising for these companies will not be pretty. However, the good thing about money is that they don't just go away. If they don't come to the asset managers now, they will make up for that in the future when the managers are able to prove themselves over time. I believe these managers provide values to investors by providing credit products with good adjusted returns, so the money will come back sooner or later.
The software turmoil and the US Israel Iran war spread to even more stocks of solid companies that the whole market went down significantly. This will not be pretty until the war ends. I hope it will happen soon.
Transactions
Recent and upcoming dividend distributions
Portfolio performance snapshot
Total return:
One-year return:
Portfolio IRR (calculation): 11.3%
Approximated IRR for an SPY-only portfolio: 12.61%
Individual holdings:
Breakdown by categories (real-time):
Total returns for individual holdings:
Last prices:
Portfolio holdings conviction
The convictions in the table below reflects my current opinions and will guide the future contribution of additional investment to existing holdings. Stocks not inside the table are stocks with subpar return on equity that will be very unlikely to receive more contributions from new money (there can be exceptions for very cheap stocks).
Conviction in long-term prospects means how much I believe a company would match or outperform the market (e.g. S&P 500) in the long run. Valuation matters so the conviction generally corresponds to the neutral rating of Valuation. It has the following ratings: weak, moderate, strong
Valuation: greatly overvalued, overvalued, slightly overvalued, neutral, slightly undervalued, undervalued, greatly undervalued
