3J·

My depot for discussion: Looking for honest feedback!

Hello community,

I would like to present my revised portfolio strategy to you today and am looking forward to your opinions and constructive feedback. I am pursuing a core-satellite approach.

The core (approx. 40%):

My foundation for long-term and stable asset accumulation. Here I rely on the MSCI World and the Nasdaq 100 in order to participate in global economic growth in a broadly diversified manner. Simple, cost-effective and proven.

The satellites (approx. 60%):

Here I pursue clear, thesis-based investments in individual stocks. These can be divided into six thematic clusters:

1. the AI infrastructure (cloud, data & security):

My biggest bet. I believe that the real winners of the AI revolution are the companies that provide the foundation.

Positions:

Cloudflare, CrowdStrike, Snowflake, Datadog.

2. the fintech revolution in emerging markets:

The disruption of traditional banking in populous and digitally savvy regions.

Positions:

MercadoLibre, Nu Holdings.

3. global champions & turnarounds:

Here I bundle global market leaders that I consider undervalued or that are on the verge of a comeback.

Positions:

Alibaba, BYD. For me, these are not speculative gambles, but counter-cyclical bets on dominance in their respective markets.

4. industrial excellence & luxury brands:

A bet on undisputed market leaders in highly profitable niches with strong moats - from armor to high-tech automation to luxury sports cars and one of the best investors of all time.

Positions: Rheinmetall, Ferrari, Berkshire Hathaway, Keyence.

5. future technologies & energy:

The thesis here is clear: more AI and more data centers require massively more energy.

Positions:

The Uranium ETF, Iris Energy, American Lithium.

6. megatrends: health & sustainability:

Investments in global market leaders that benefit from two unstoppable social developments: demographic change and the need for a circular economy.

PositionsNovo Nordisk, Tomra Systems.

My question to the Getquin community:

What is your opinion on this strategy and allocation?

#DepotCheck #PortfolioReview #Feedback #CoreSatellite #Strategy

$NET (+0,02 %)
$CRWD (+0,04 %)
$NOVO B (+0,32 %)
$1211 (+1,6 %)
$BABA (+1,77 %)
$IREN (-0,04 %)
$NLR (+0,16 %)
$ACWI
$WSML (+0,48 %)
$RACE (+0,19 %)
$BRK.B (+0,07 %)
$RHM (+1,03 %)
$6861 (-0,54 %)
$DDOG (+0,19 %)
$MELI (+0,66 %)
$SNOW (+0,02 %)
$NU (-0,53 %)
$TOM (-0,08 %)

13 Commentaires

I have 2 comments on this. In which area of your satellite strategy do you see the 2 largest positions $RHM and $BRK.B? And why do you see $1211 as an anti-cyclical position? Personally, the software sector would be too big for me, but that's a matter of taste and probably also due to the fact that you couldn't really decide between all the great companies? Otherwise, I think it is well diversified, as many stocks that are missing at first glance are represented in the core ETF.

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Der Spekulant@Derspekulant1

@Multibagger $BRK.B and $RHM I bought both for quality reasons and as defensive stocks as a countervalue to my saas stocks, precisely because they are many but are either among the top 2 or market leaders in their respective fields and do not overlap. My US share is also below 50% in the entire portfolio. $1211 was not meant to be entirely anti-cyclical but rather $BABA and in the case of $1211 of course a bet on the strength in its market, which is slowly becoming apparent over time. Thanks for the feedback!

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Chris@Multibagger

@Derspekulant1 Of course, the under 50% US share will be tight if the two core ETFs have a 60% US share and you continue to save them consistently 😉 But I don't think that's a bad thing

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Der Spekulant@Derspekulant1

@Multibagger according to parqet x-Ray I am exactly at 50.24%

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Chris@Multibagger

@Derspekulant1 I know, I've done the math without the very small positions. That's why I wrote that it will be difficult if you continue to save in the core ETFs because they have a 60% US share.

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Kate🦋@Iwamoto

If you share your portfolio, you do not need to link the shares separately. They will already be displayed in the subscribers' feed.

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Der Spekulant@Derspekulant1

@Iwamoto thanks for the tip 👍🏽

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All-in-or-nothing@All-in-or-nothing

I don't see any "dry powder", i.e. real cash or cash equivalents. Instead, there are some positions that you hold but do not mention or take into account in your strategy or your detailed explanations. Apart from that, you are already ahead of many people in that you have developed a strategy for yourself and are sticking to it (hopefully in the long term). Overall, a pleasing portfolio but, as always, a matter of taste😉.

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Der Spekulant@Derspekulant1

@All-in-or-nothing Thank you for your good feedback! The question about the cash is absolutely justified. I deliberately keep it in the external clearing account, which is why it does not appear here in the custody account. The strategy shown here therefore relates purely to the invested portion.

Your comment also prompted me to check the post again - I noticed two stocks that had been forgotten, which I have now added. So thank you twice!

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Ozzel@Ozzel

Strong structure and clear theses - your core-satellite approach is understandable and strategically well thought out. I follow a similar model, but with a higher proportion of ETFs and greater diversification in the core area.

The MSCI World, Europe 600, USA, Japan and a dividend ETF form the core of my portfolio. I also use physical gold and healthcare ETFs for stabilization. I do not cover the AI sector via individual stocks such as Snowflake or Datadog, but passively via the L&G Artificial Intelligence ETF. I have also included gaming, clean energy and cybersecurity via thematic ETFs.

I find it exciting that we have thematic overlaps with Rheinmetall, Novo Nordisk and BYD. However, you focus more on single stock bets such as MercadoLibre, Nu Holdings or Alibaba - I have a broader base with an India ETF and am somewhat more defensive.

What strikes me in particular is that your setup is very thesis-driven and actively managed - that's a good fit if you like market observation and analysis. For my own risk profile, I take a calmer approach with far fewer speculative individual stocks.

Overall: a strong portfolio with a clear signature. Perhaps some ETF exposure in the long term to reduce volatility? Otherwise, thumbs up for the strategy!

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Der Spekulant@Derspekulant1

@Ozzel thanks for the feedback and explaining your portfolio, very interesting! 😊 My core is always saved and the satellites only if an opportunity arises due to price weakness or other factors. I normally hold all satellites below 10%, but unfortunately that was no longer possible with $RHM. But I will definitely increase the ETF share more 😊

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Chris@Multibagger

@Derspekulant1 If, as expected, there is still peace in Ukraine this year, $RHM may come back under 10%😂😎

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Der Spekulant@Derspekulant1

@Multibagger then I'm only 400% in the plus 🥹

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