9H·

Why should I care about what I said yesterday?

70 percent of my portfolio is $NVDA (-1,85%) —I’ve never really cared about that before. “I’ll hold onto this at least until 2030” was my motto. Because I consider it one of the best stocks in the world.

And what did I do yesterday? I sold 20 percent of the position and added three new stocks to my portfolio: $SAP (+1,4%)
$UCG (+4,03%)
$MUFG (+0,84%)

Why?

Because I think the risk is too high that meme stocks like SpaceX will first suck up all the money and then cause the bubble (which we’ve identified) to burst in a way that drags down fundamentally sound stocks as well.

And because I’m too old for that kind of crap: diversify.

Sure, the concentration is still huge, but it’s a start. If the madness on the stock market continues to drive the herd, I’ll keep selling off NVIDIA, but not everything. I’ll keep 40 percent.

I actually wanted to pick up something in the healthcare sector, but couldn’t find anything attractive.

01.07

MUFG

Acquistato x3000 a 17,51 €

52.533,00 €

6 Commenti

Johnny B.@JBatelli

A very good decision. And right away, large sums were reinvested in a few strong companies. That's the way to do it!
In the healthcare sector, maybe Stryker. It's a good compounder. And it's currently relatively undervalued.

•

Null@Frei

I'm no expert, but could the financial sector be taking measures to protect itself from a bubble? 🤔

•

Alpalaka@Alpalaka

Who cares about what I said yesterday? 🤷🏽‍♀️

•

Soprano@Soprano

Just ask me. The highest-quality pharmaceutical stocks are $VRTX and $ABBV; as an NVIDIA bull, perhaps $ISRG; for defensive investors, $SYK and $TMO; and anyone looking to speculate on multibaggers should buy $MEDP

••

Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

$PME, $SOBI, $MEDI. You can thank me later.😉 All are attractively valued and have significant upside. Two-thirds are MedTech heavyweights; Sobi is the world’s leading orphan drug company.🤷🏼‍♂️

••

TheMaverick@TheMaverick

As an italian I don't think that selling Nvidia to buy $UCG (the biggest italian bank) is a good choice.
Over half of revenue and profits of the group are linked to the italian economy and the economy here is terrible.
I often criticized my country on this platform and assuming that the italian economy will do well in the future is a very bold and brave statement.
There are a lot of factors that probably you didin't consider on why you shouldn't bet on Italy or an italian company: lowest birthrate in europe, highest emigration of young italian abroad, highest and not sustainable
debt, lack of tech innovation, lack of infrastructures, a lot of corruption, a lot of delocalization, lack of good politicians and the list can go on for pages.
Unfortunately I live in Italy and year by year I am more convinced that the Italian economy will fail in the next 20 years dragging down every major italian companies.
That's why I stay away as far as possible from italian companies, but good for you for believing in Italy more than me :)

••