The weird portfolio is my approach to "passive."

I wanted a systematic ETF-based approach that didn't rely on forecasting. A portfolio with decent long term growth without huge drawdowns & lost decades.

Tyler at portfolio charts created a nice breakdown of it: portfoliocharts.com/portfolios/w...

#FinSky community, I invite you to follow thoughtful and talented investor ValueStockGeek, longtime influential FinTwit voice who's going to be more active on here going forward. Big fan of his perspectives on both stocks and life in general ⬇️⬇️⬇️

I wrote about Pool Corp this week.

It's behind a paywall, but if you DM me your email, I'll gift you a free subscription.

www.securityanalysis.org/p/pool-corp-...

I research a company once a week, determine if it's 'wonderful' or not, and then regularly update subscribers with valuation updates. The goal is to identify when wonderful businesses are on sale.

www.securityanalysis.org

It's really wild how many companies benefited from pulled forward demand in 2021 and then investors rewarded them with an insane multiple, extrapolating it as if it would last forever.

Then they all drew down by 30-50%, and many are attractively priced now.

<<Back in the 1980s, [Trump] even took out a full-page ad in The New York Times railing against free trade. It’s one of the few positions he’s held onto consistently.>>