So the following companies have just been kicked out of my portfolio.
Omega Healthcare Investors
$OHI (+0.4%)
Reasons: I want my focus to be even more on growth. CAGR is too low for me at 6.51% from 2018 to 2022. Adjusted for inflation, even only 2.9%. A Sharpe Ratio of 0.32 is also too low for me.
Coca-Cola
$KO (-1.31%)
Reasons:
- Per capita consumption of cola and cola-mixed beverages has declined since 2018, at least in Germany.
- Net sales were around 48 billion in 2012 and only 38 billion in 2021.
- Can't compete with Pepsi currently in my opinion. Max. Drawdown from 2012 to 2022 for Coca-Cola is -23.59%. For Pepsi, on the other hand, it is only -15.47%. CAGR is also higher for Pepsi during the period.
- I already have Coca-Cola in my portfolio through Berkshire.
Occidental Petroleum
$OXYP34
Reasons:
- I also already have in the portfolio through Berkshire.
- Max. Drawdown is too high for me with the low growth and the dividend too low.
I have also sold 25% of my $SQSP Squarespace shares with some profit sold, as well as a few other smaller positions.
Have you already thrown companies out of your portfolio this year? If yes, which ones were they?
