Then why don't you choose Etfs? Mine takes time. Apart from that, I thought you were much older than me. Did I estimate you to be around 40 or did you just study again later? I also paid a lot of tuition fees and still have investments that I still believe in but probably wouldn't buy again today. You just have to ask yourself what you're doing it for. Money or fun or both? I also wrote about it a few posts ago? $TMO I think I'm going in, by the way. I thought they only do diagnostics but they mainly do CDMO and CRO and I'm bullish on that.
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@topicswithhead Apart from that, what is the strategy you are following? You have a lot of things in your portfolio that I can imagine why you have them but that somehow don't fit in with the others
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4Mês
@topicswithhead Hehe, I caught you reading my posts too rarely. I once explained why I practice stock picking in the even quite popular essay "Why my strategy doesn't work - and I still don't change it", you can find the post here: "https://getqu.in/gN94sV/"
Why did you think I was approaching 40? Because of the Gandolfini profile picture? I hope it's not because of my boomeresque posts haha. I still have some time left until then and I also have specific financial goals that I want to achieve by then. And of course I also want to make progress in terms of family planning by then :-) I'm from the 90s, so I'm still a lot older than you.
Thermo Fisher is definitely quite exciting and well positioned. Only diagnostics like Sartorius wouldn't do me any good either.
By the way, I find the feedback very interesting. Would you like to give a few examples of what you mean? Well, the only stock I can think of that actually has nothing at all to do with the others is L'Oreal, but otherwise I already have a common thread.
Why did you think I was approaching 40? Because of the Gandolfini profile picture? I hope it's not because of my boomeresque posts haha. I still have some time left until then and I also have specific financial goals that I want to achieve by then. And of course I also want to make progress in terms of family planning by then :-) I'm from the 90s, so I'm still a lot older than you.
Thermo Fisher is definitely quite exciting and well positioned. Only diagnostics like Sartorius wouldn't do me any good either.
By the way, I find the feedback very interesting. Would you like to give a few examples of what you mean? Well, the only stock I can think of that actually has nothing at all to do with the others is L'Oreal, but otherwise I already have a common thread.
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@Soprano Sometimes you can forget things, but it could also be because I haven't read it. Sometimes there is too much spam on the ForYou site, so you can miss something. But I didn't think the post was completely categorized correctly. I mean, yes, you have to compare fairly (e.g. bonds ≠ stocks), but there is still something like TR to compare with the index. I also wrote: fun and experience are an important factor, but you shouldn't be too far removed from the market. Maybe an ETF core is good for you. I also rely on 30-50% ETFs or holdings in my portfolio so as not to stray too far. I also made the comparison in my post a week ago, as I think I mentioned earlier.
Back to the actual topic: I meant in the sense of capital-efficient investments or return ratios. The fact that you're focusing on gaming and so on makes sense, but it doesn't seem like there's a solid foundation underneath. For example, tech is your theme, but there should be a maximum of 3 times net debt/EBITDA and 10% ROIC and so on. Doesn't look like that's your approach at the moment. But I'll have another look and benchmark your portfolio, maybe there's something fundamentally the same behind all of them.
Soprano is a bit older, isn't he? Therefore estimated at around 40. It would be like having Friends in your profile picture.
Back to the actual topic: I meant in the sense of capital-efficient investments or return ratios. The fact that you're focusing on gaming and so on makes sense, but it doesn't seem like there's a solid foundation underneath. For example, tech is your theme, but there should be a maximum of 3 times net debt/EBITDA and 10% ROIC and so on. Doesn't look like that's your approach at the moment. But I'll have another look and benchmark your portfolio, maybe there's something fundamentally the same behind all of them.
Soprano is a bit older, isn't he? Therefore estimated at around 40. It would be like having Friends in your profile picture.
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@Soprano so I looked at everything except the gdrs. All have grown, the only exception none have broken. All grew.
Operating margin over 10%. UnitedHealth with 8 %, Take-Two negative, Medios 2 %, Daikin 8 %.
Net margin above 10 %. Vertex negative and UNH below 10 %, Jenoptik 8 %, Take-Two negative, Daikin 5 %, 11 bit 1 %, Medios 0.2 %.
Cash flow positive at operating level. Vertex negative, Take-Two negative.
Low net debt/EBITDA below 1. Deere stands out with 6, UNH with 1.4 TMO with 2.6, Take-Two with 6, Stryker with 2, Linde with 1.2, Jenoptik with 1.4, Medios 2.
ROIC around 10 %. Deere down, BlackRock down, TMO down, ServiceNow down, Take-Two negative, Jenoptik down, PayPal down, Linde down, Medios down, Daikin down, 11 bit down.
ROCE above 10 %. TMO below, BlackRock below, Take-Two below, Medios below.
ROE above 10 %. Vertex below, Take-Two below, 11 bit below.
Values that stand out more than 3.5 times. Take two and medios deviate completely from the portfolio, dakin actually also but dropped out when rounding up
Operating margin over 10%. UnitedHealth with 8 %, Take-Two negative, Medios 2 %, Daikin 8 %.
Net margin above 10 %. Vertex negative and UNH below 10 %, Jenoptik 8 %, Take-Two negative, Daikin 5 %, 11 bit 1 %, Medios 0.2 %.
Cash flow positive at operating level. Vertex negative, Take-Two negative.
Low net debt/EBITDA below 1. Deere stands out with 6, UNH with 1.4 TMO with 2.6, Take-Two with 6, Stryker with 2, Linde with 1.2, Jenoptik with 1.4, Medios 2.
ROIC around 10 %. Deere down, BlackRock down, TMO down, ServiceNow down, Take-Two negative, Jenoptik down, PayPal down, Linde down, Medios down, Daikin down, 11 bit down.
ROCE above 10 %. TMO below, BlackRock below, Take-Two below, Medios below.
ROE above 10 %. Vertex below, Take-Two below, 11 bit below.
Values that stand out more than 3.5 times. Take two and medios deviate completely from the portfolio, dakin actually also but dropped out when rounding up
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4Mês
@topicswithhead Wow, what tool did you use for this? I assume that you subscribed to some premium service so that you could do it all relatively automatically and didn't have to enter all the values individually.
So you mean that the companies don't fit into the portfolio based on key figures, not necessarily thematically. In any case, this is interesting feedback, so Take Two, Medios and Daikin should actually be out, shouldn't they?
I'm actually right there with you. So Take Two is perhaps the most interesting. The figures are catastrophic due to a huge takeover, which in my opinion has not yet materialized. However, I didn't invest in the figures here anyway, but in the market psychology. For me, it was almost a no-brainer to invest in order to ride the GTA 6 hype and reach a new ATH.
The key question is whether and when to sell again. The original plan was to sell in the relaunch month and make a secure profit. In the meantime, however, we are already itching to go back into the gamble and wait for the release to see whether the billions in profits predicted by analysts can really be realized. The ATH before the release is a certainty ... the ATH after the release is a bet. I'll certainly make another post on this at some point, maybe I'll work with SL or whatever.
Medios and Daikin have actually been on the hit list for a long time, which is why I never bought them again and only have a <1% weighting. I actually want to get rid of them - the investment case didn't work out at all. But then I often tend to hold on to sideways stocks forever in order to get what I consider to be a "fair exit". The thing is, I usually can't do much with the sums because I have good liquidity and I can't currently use the losses for tax purposes. It's quite tricky.
So you mean that the companies don't fit into the portfolio based on key figures, not necessarily thematically. In any case, this is interesting feedback, so Take Two, Medios and Daikin should actually be out, shouldn't they?
I'm actually right there with you. So Take Two is perhaps the most interesting. The figures are catastrophic due to a huge takeover, which in my opinion has not yet materialized. However, I didn't invest in the figures here anyway, but in the market psychology. For me, it was almost a no-brainer to invest in order to ride the GTA 6 hype and reach a new ATH.
The key question is whether and when to sell again. The original plan was to sell in the relaunch month and make a secure profit. In the meantime, however, we are already itching to go back into the gamble and wait for the release to see whether the billions in profits predicted by analysts can really be realized. The ATH before the release is a certainty ... the ATH after the release is a bet. I'll certainly make another post on this at some point, maybe I'll work with SL or whatever.
Medios and Daikin have actually been on the hit list for a long time, which is why I never bought them again and only have a <1% weighting. I actually want to get rid of them - the investment case didn't work out at all. But then I often tend to hold on to sideways stocks forever in order to get what I consider to be a "fair exit". The thing is, I usually can't do much with the sums because I have good liquidity and I can't currently use the losses for tax purposes. It's quite tricky.
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4Mês
@topicswithhead Otherwise, Vertex, TMO, UNH and Jenoptik are also among the many companies mentioned. But of course it is also interesting that Deere stands out with its enormous debt. However, it is important to note that this is not because the company itself needs a lot of outside capital, but because they finance machinery for farmers. They are therefore also a bank, which is why they have such a low equity ratio.
At the moment, I definitely see TMO and Vertex as core positions that I want to expand further. UNH as well, unless there are really big things to come. Otherwise, UNH is really only relatively close to the target values.
Jenoptik would also be something for the skeptics list. For me, this is really more of a lover's stock than a really sensible decision. In the meantime, it's getting into my thick head that I should probably have divested. But at the moment it is once again too cheap. Not a good company at a fair price, but an okay company at a great price. Exactly how you shouldn't do it, according to Buffet.
PS. The Sopranos is a good 5 years younger than Friends. Although the humor of Friends has aged badly, whereas those old gangster shows never really go out of style. Funnily enough, I only discovered Sopranos in 2018. As far as sitcoms are concerned, I'd rather be the Scrubs and Malcolm Mittendrin generation.
At the moment, I definitely see TMO and Vertex as core positions that I want to expand further. UNH as well, unless there are really big things to come. Otherwise, UNH is really only relatively close to the target values.
Jenoptik would also be something for the skeptics list. For me, this is really more of a lover's stock than a really sensible decision. In the meantime, it's getting into my thick head that I should probably have divested. But at the moment it is once again too cheap. Not a good company at a fair price, but an okay company at a great price. Exactly how you shouldn't do it, according to Buffet.
PS. The Sopranos is a good 5 years younger than Friends. Although the humor of Friends has aged badly, whereas those old gangster shows never really go out of style. Funnily enough, I only discovered Sopranos in 2018. As far as sitcoms are concerned, I'd rather be the Scrubs and Malcolm Mittendrin generation.
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•@Soprano If you were to ask me now, regardless of the metrics, I would just swap out a few stocks. I mean, you're a tech high growth investor with a penchant for gaming. In my opinion, I would throw out the corpse Medios and take the loss. Losses can be carried forward for several years, and at least you can use the money more wisely.
I would take L'Oréal out because it somehow doesn't fit into the overall picture. But I have to admit that I hate the French withholding tax, the stock itself is not bad. Daikin is not a super bad stock and at least has a trend behind it, so you can just hold it.
Take-Two is just one of those things. I would also hold on to it, the values will turn brutally again after GTA 6, assuming it's not a flop. But the stock itself is actually pretty bad. Tough mismanagement if you can't at least maintain stability between blockbusters.
Apart from that, there are only one or two stocks where I think "well", but these are more personal opinions, there are enough of them in my portfolio.
I would possibly diversify more and not necessarily by selling, unless you actively want to, but rather by buying. Personally, I wouldn't hold a position of more than 5% unless it has grown organically. But to be honest, I would like to have your portfolio. I'm always too cautious to go fully into tech. I should have done it once, I always got out too early.
About the tool: Finchat.io is free, and I used the charting function. I simply selected all ten values manually, looked at them and then switched until I was through. It's a cool tool - and if you really want to make the most of it, it's not that expensive. I think it only costs a tenner a month. That's actually too much for me (I'm a cheapskate), but it would definitely be worth it. It can do quite a lot, you can create an account for free. I play around for a few minutes almost every day and compare shares. I'm actually thinking about buying it, because the free version can do a lot, but the premium version offers a lot more options
I would take L'Oréal out because it somehow doesn't fit into the overall picture. But I have to admit that I hate the French withholding tax, the stock itself is not bad. Daikin is not a super bad stock and at least has a trend behind it, so you can just hold it.
Take-Two is just one of those things. I would also hold on to it, the values will turn brutally again after GTA 6, assuming it's not a flop. But the stock itself is actually pretty bad. Tough mismanagement if you can't at least maintain stability between blockbusters.
Apart from that, there are only one or two stocks where I think "well", but these are more personal opinions, there are enough of them in my portfolio.
I would possibly diversify more and not necessarily by selling, unless you actively want to, but rather by buying. Personally, I wouldn't hold a position of more than 5% unless it has grown organically. But to be honest, I would like to have your portfolio. I'm always too cautious to go fully into tech. I should have done it once, I always got out too early.
About the tool: Finchat.io is free, and I used the charting function. I simply selected all ten values manually, looked at them and then switched until I was through. It's a cool tool - and if you really want to make the most of it, it's not that expensive. I think it only costs a tenner a month. That's actually too much for me (I'm a cheapskate), but it would definitely be worth it. It can do quite a lot, you can create an account for free. I play around for a few minutes almost every day and compare shares. I'm actually thinking about buying it, because the free version can do a lot, but the premium version offers a lot more options
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4Mês
@topicswithhead Cool tool, I've heard the name before but I'll have to take a closer look. 20 a month is definitely a pain threshold where you have to think about whether it would be better spent in a savings plan. But compared to some other services, it's almost affordable. Maybe I think it's so great that you can share the price of an account *cough* hehe
To the actual topic:
* Medios AG will be kicked out, the only question is when.
* I'm still not sure whether Daikin is worth it. It may not be insanely bad, but I still don't see the hoped-for air conditioning boom in India.
* Take Two has actually had pretty good management so far and would very well have remained stable if they had spared themselves the Zynga takeover. The success with mobile games has not yet shown itself at all and has led to billions in write-downs. But on the other hand, I don't understand why they don't look after their franchises better. Besides GTA, they have sooo many IPs in their portfolio that would be pure gold if they could raise their values.
I find it interesting that you would diversify. I actually try to focus more and go from 40 -> 30 stocks. Basically, I wouldn't even know what I could buy. I still have a very full watchlist, but EVERYTHING on it is AGAIN just tech, healthcare or financials. So I don't know if it's so cool if I add 5 more to the 20 tech stocks I already have. Somehow that's just more of the same.
Oh and funnily enough, it was L'Oreal that convinced me for once with a stock that doesn't come from the same 3 sectors and really contributes to diversification and I now have THE stock that doesn't really fit into the portfolio at all :D
But very nice that you like my portfolio. That flatters me hehe. But I don't think I'm that much braver than you. For example, I've had SoFi on my WL for years and haven't dared to do it yet. And I also hold quite a lot of cash.
To the actual topic:
* Medios AG will be kicked out, the only question is when.
* I'm still not sure whether Daikin is worth it. It may not be insanely bad, but I still don't see the hoped-for air conditioning boom in India.
* Take Two has actually had pretty good management so far and would very well have remained stable if they had spared themselves the Zynga takeover. The success with mobile games has not yet shown itself at all and has led to billions in write-downs. But on the other hand, I don't understand why they don't look after their franchises better. Besides GTA, they have sooo many IPs in their portfolio that would be pure gold if they could raise their values.
I find it interesting that you would diversify. I actually try to focus more and go from 40 -> 30 stocks. Basically, I wouldn't even know what I could buy. I still have a very full watchlist, but EVERYTHING on it is AGAIN just tech, healthcare or financials. So I don't know if it's so cool if I add 5 more to the 20 tech stocks I already have. Somehow that's just more of the same.
Oh and funnily enough, it was L'Oreal that convinced me for once with a stock that doesn't come from the same 3 sectors and really contributes to diversification and I now have THE stock that doesn't really fit into the portfolio at all :D
But very nice that you like my portfolio. That flatters me hehe. But I don't think I'm that much braver than you. For example, I've had SoFi on my WL for years and haven't dared to do it yet. And I also hold quite a lot of cash.
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@Soprano By diversify, I mean move the stocks higher and not the mass. You have positions that make up almost 10% of your portfolio. Maybe you'll find a few more interesting stocks or move the others a little higher. I think there are always a few interesting investment opportunities.
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4Mês
@topicswithhead So you only mean the weighting, i.e. quais rebalancing. Yes then of course logically by buying not by selling I don't want to sell good stocks.
Thought you meant I should buy more different shares, because that's really not so easy for me.
The weighting has already changed quite a bit. Amazon at only 10% is almost conservative for me, it used to be well over 20%. At a good price, I would also give Amazon and Microsoft an unlimited weighting.
For the other stocks, 3-4% is a high conviction position for me. In other words, a stock in which I have full confidence. A normal weighting is around 2%. And where I am still skeptical, 1%
Ideally, I would have 30 stocks that all really convince me and then each of them would be at 3%, which would bring me pretty much to 100%. But as long as I don't find enough stocks where I'm completely enthusiastic, I have to fill in the missing % with Amazon, Microsoft, Nvidia, you know what I mean?
At the moment I'm building up Synopsis, ServiceNow, Berkshire and Autodesk towards 3%.
Thought you meant I should buy more different shares, because that's really not so easy for me.
The weighting has already changed quite a bit. Amazon at only 10% is almost conservative for me, it used to be well over 20%. At a good price, I would also give Amazon and Microsoft an unlimited weighting.
For the other stocks, 3-4% is a high conviction position for me. In other words, a stock in which I have full confidence. A normal weighting is around 2%. And where I am still skeptical, 1%
Ideally, I would have 30 stocks that all really convince me and then each of them would be at 3%, which would bring me pretty much to 100%. But as long as I don't find enough stocks where I'm completely enthusiastic, I have to fill in the missing % with Amazon, Microsoft, Nvidia, you know what I mean?
At the moment I'm building up Synopsis, ServiceNow, Berkshire and Autodesk towards 3%.
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