The year 2023 is behind us and I am glad that our portfolio was able to significantly surpass its benchmarks after a weak 2022. Our portfolio returned 43.5%, while the π&π π±π¬π¬ rose 24.7% and the πππΎπ ππ€π§π‘π rose 21.8%.
πΎπππ£πππ¨ ππ£ π₯π€π§π©ππ€π‘ππ€:
I have made several changes in the last few days. With interest rate cuts on the horizon and a slow economic recovery I shed Chevron oil stocks and reduced positions in Big Tech stocks very slightly. I am also considering the sale of the Norwegian oil company Equinor.
On the other hand, I created new positions in several interesting companies. In an effort to increase the portfolio's exposure to emerging markets, I bought shares of $NU (Nu Holdings Ltd.) , which I believe is the best digital bank in Latin America with great potential to benefit from the boom in the middle class in the coming years. With the recovery of the economy, consumer demand and the bright future of artificial intelligence, I also bought shares of $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR), the world's largest and most technologically advanced foundry in the world. Another new addition to the portfolio are the shares of the French $ERF.PA (Eurofins Scientific SE) , the world leader in the laboratory testing market for various types of industry. Just a few days ago, I also decided to create a position in the restaurant chain $DPZ (Domino's Pizza Inc) , which I had been looking for for a long time.
Nothing changes in my determination to build the πππ¨π© π₯π€π¨π¨πππ‘π π¨π©πππ‘π ππ£π ππ§π€π¬π©π π₯π€π§π©ππ€π‘ππ€ for long-term. I adjust the weights in individual positions of the portfolio. At the same time, I am looking for new opportunities. I currently have at least one Chinese and European company in my search, but I am not yet satisfied with the valuation of the shares. But I can definitely reveal that I am going to strengthen the bet on ππ€π£π¨πͺπ’ππ§ π¨π©ππ₯π‘ππ¨ that we already own. These are PepsiCo, Unilever and Mondelez. Last year, they, like the entire sector, significantly lagged behind the broader stock market.... Show More 
Fri Oct 11 2024 01:00:57 GMT+0000 (Coordinated Universal Time)
