Christoph · 2021-11-02T09:08:21.931114Z

Da ich hier schon öfter meine Kommentare zum 10XDNA abgegeben habe und auch gerne erklärt habe warum ich den Fonds nutze. So möchte ich heute gerne erklären, wie er sich in mein Gesamtportfolio integriert. Mein gesamtes Portfolio soll in spätestens 3 Jahren von meinen 3 ETFs und dem 10XDNA als „Core“ getragen werden. Dabei ist der Vanguard All World die größte Position. Dazu gesellen sich der Semiconductor ETF und der Automation & Robotics von IShares. Gewichtung sollen ca. 40% sein, wobei ich den 10XDNA im Growth-Portfolio pflege. Der 10XDNA ist wie der Automation & Robotics vor 4 Jahren für mich eine Wette in die Zukunft. Dabei werden einige Aktien gehalten, die für mich als Einzelaktien interessant sind, die aber nicht in so großer Stückzahl gehalten werden sollen. Daher finde ich die Diversifikation mit anderen distuptiven Aktien gut. Für mich ist eher wichtig, wie die Aktien ausgewählt werden und mit welchem Mindset neue, noch unbekannte Player ausgewählt werden. Das ist für mich der Benefit dieses Fonds. Mittlerweile maximale Gewichtung von 5-7% von dem ca. 40% Core-Anteil. Der Rest meines Portfolios (Krypto ausgenommen) wird dann mit Aktien bestückt, welche für mich gute Chancen haben in Zeiten von Krisen zu bestehen (Value, Dividenden und Basic wie Microsoft, Apple, Google, Amazon). Außerdem Aktien, welche mich überzeugen, eventuell auch Schnittmengen mit dem 10XDNA haben. So baue ich selbst auch Palantir, Tesla und Tencent auf. Natürlich landen auch andere Growth-Werte im Depot, welche mich Überzeugen. So aktuell eine Cloudflare, Teladoc und Uber.

@DarkWinter-cs

3Yr·

Since I have often commented here on the 10XDNA and also like to explain why I use the fund. So today I would like to explain how it integrates into my overall portfolio.

My entire portfolio should be supported by my 3 ETFs and the 10XDNA as "core" in 3 years at the latest. The Vanguard All World is the largest position. In addition, the Semiconductor ETF and the Automation & Robotics from IShares. Weighting should be about 40%, whereby I maintain the 10XDNA in the growth portfolio.

The 10XDNA is like the Automation & Robotics 4 years ago for me a bet into the future. This involves holding some stocks that are of interest to me as individual stocks, but I don't want to hold them in such large numbers. So I think diversification with other distuptive stocks is good. For me it is more important how the stocks are selected and with which mindset new, still unknown players are selected. That is the benefit of this fund for me.

Meanwhile maximum weighting of 5-7% of the approx. 40% core share.

The rest of my portfolio (crypto excluded) is then populated with stocks, which for me have good chances to survive in times of crisis (value, dividends and basic like Microsoft, Apple, Google, Amazon). In addition, stocks that convince me, possibly also have intersections with the 10XDNA. So I build up Palantir, Tesla and Tencent myself. Of course, there are also other growth stocks in the portfolio, which convince me. Currently Cloudflare, Teladoc and Uber.

18 Comments

Stan@stan21

3Yr

I like to look at the fund to get new impressions. In general, however, I find the selection of many stocks ridiculous. I think speculating on 10x for Tesla and Amazon is completely exaggerated. I pick out individual stocks, which I then follow and possibly buy. Also this Palantir-gehype gets on my nerves with Thelen. Thelen compulsively tries to present himself as the German Elon Musk, which does not make me like his person or the fund.

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Christoph@DarkWinter-cs

3Yr

@stan21 Yes, the impressions and videos are good purely as a source of information.
However, he never claimed that Tesla would increase tenfold, but rather 2-3x.

I also agree with you that he's already putting himself out there quite naturally, although the performance has to come first. You can either like it or see it as self-promotion.

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MaxPower@MaxPower

3Yr

Frank, is that you?

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Christoph@DarkWinter-cs

3Yr

@MaxPower Nope 😆

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AUF K.@AUFKEINSTEN

3Yr

😭

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Deleted User

3Yr

Comment was deleted

Christoph@DarkWinter-cs

3Yr

@RealMarxist Emotions are bad when investing. It should be purely about the product.

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Deleted User

3Yr

Comment was deleted

Christoph@DarkWinter-cs

3Yr

@RealMarxist Surely everyone has to come to terms with it themselves. In any case, it is of little use to me as an individual if certain statements are artificially inflated by the media.

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Max@TechMax

3Yr

@RealMarxist somehow doesn't like him that much either😭

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Deleted User

3Yr

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Christoph@DarkWinter-cs

3Yr

@Eochaid As I mentioned, my aim with the fund in my portfolio is to be able to hold shares that interest me but are not worthwhile for me, as I would only hold positions that are too small and the overview would be lost at some point.
Yes, I currently hold positions that are also in the fund, but over time I will also end up with positions that are completely new (new IPO, new SPAC, etc.) that I can't assess myself, but people who deal with such technologies every day or can assess them better can. That's what I meant by mindset (especially the selection of shares according to VC or seed funding criteria).

I like to deal with shares, but you have to admit that you can't deal with every sector in such a focused way that you can make a well-founded selection of every interesting share. I deal with the shares that I can assess; in the case of new technologies or very young companies, I prefer to let the fund take care of it. It doesn't bother me if I have 5-10 euros a year in fees in the current phase, but I have time to deal with the shares that I can evaluate myself.

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Deleted User

3Yr

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Christoph@DarkWinter-cs

3Yr

@Eochaid As I said, the decisive factor for me is how the stocks are selected. If they do a good job or select unknown stocks that deliver the performance, then I'll grant them the 1.8%.
In this case, I don't have to support the "greed is cool" mentality that has been drummed into society.

Yes, that's why I only invest in individual stocks that I understand and can evaluate myself. You contradict yourself by saying that I can go into individual stocks, then I have to keep track of things, but I don't want to do that in some cases because I don't know enough about biotechnology at the moment, for example.

And if I take the individual stocks, then I might also have balancing problems that I don't want with such small positions. If there's a share that costs €300 or even more, then I'm not only ruining my allocation, I'm also holding volumes that I don't want to hold in my portfolio.

I listen to my wallet, my portfolio analysis and my mind as to how I need to structure my portfolio so that I feel comfortable.
This means that the balance has to be right, I have to have the time and knowledge to assess which individual stocks I can value and then decide which sectors or stocks I would rather have managed by others. Since no other product can offer such a concentration of disruptive technologies (not even Ark with well over 40 stocks / tradability aside).
As I am convinced by the concept and the research is presented in a way that I can understand, I am happy to pay the 1.8%.

Others pay over €50 a year for a subscription to stock market magazines, which definitely don't offer better research in the areas I'm interested in.

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Deleted User

3Yr

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Christoph@DarkWinter-cs

3Yr

@Eochaid Yes, where do I contradict myself when I say I only invest in individual shares that I understand myself? If I buy the individual shares, if they include the shares in the fund, then I still don't understand them. You can do that if you just want to copy-paste, but it doesn't correspond to my idea that I understand the shares I buy and can evaluate them myself.

If it were simply copy-paste, then nobody would ever have to buy an ETF, as you can simply buy the corresponding individual shares. That's the cat biting its own tail. It's all about stock selection, timing, balancing, research, etc. In the case of disruptive stocks, I entrust the fund with a small position, but for all other things that I can evaluate myself, I do the selection and balancing myself.

This means I can simply concentrate on the stocks I focus on without having to think about the other things.

Everyone has their own reasons for investing in global ETFs, sector ETFs and so on. But that doesn't make the products any better or worse, as everyone has to feel comfortable with them.

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Deleted User

3Yr

Comment was deleted

Christoph@DarkWinter-cs

3Yr

@NxTRev In the end, it always depends on what size we are talking about. You can't get most small shares from TR or SC, you have to go to ING, Comdirect or FlatEx. So you definitely have purchase fees >€5. But since my portfolio is not huge, I either have the problem of building up large costs for smaller positions or having small costs (if the number of units increases accordingly), but destroying my balance within the portfolio. Therefore, the 1.8%, which at the end of the year corresponds to maybe 5€ in costs, is bearable.

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