August Portfolio Update
Performance: 18.8% YTD, 84.7% 2Y
vs S&P500: 13.1%, 39.5%
Investment Memo
Since I'm busy with work I won't go overboard here with details. Here are thoughts on my new positions:
> $WY & $TEAM: https://t.co/7CS9YVuxxj
> $ALAB: https://t.co/kV1TPa7385
>
New position in $ALAB after doing a deep dive into connectivity, optics, and photonics the last few weeks.
> Valuation is palatable after a 45% pullback
> Content per accelerator has gone from tens of dollars at IPO to over $1,000 per XPU on Scorpio X, targeting multiple
Rémi is officially Bakkt's Chief Technology Officer! Congrats @0xtuytuy
The SEC only requires an 8-K for the principal executive, financial, accounting, or operating officer, which explains the lack of an official filing or announcement.
Takeaway: Bullish.
I met Rémi at
Portfolio Update: Added $WY & $TEAM
Back in Weyerhaeuser. Largest landowner in the North America. Current valuation accounts for the mega-trough in timberlands and wood products, and gives minimal credit for higher margin growth vectors including strategic land (solar, wind,
