Dear copiers,
Due to the new requirements of the eToro Popular Investor program introduced in (www.etoro.com/copytrader/popular-investor/) I will add new funds to my account on April 1st (and no this is no aprils fools joke).
𝘾𝙤𝙥𝙮 𝘼𝙪𝙩𝙤𝙢𝙖𝙩𝙞𝙘 𝙍𝙚𝙖𝙡𝙡𝙤𝙘𝙖𝙩𝙞𝙤𝙣 𝙛𝙚𝙖𝙩𝙪𝙧𝙚 𝙝𝙖𝙨 𝙗𝙚𝙚𝙣 𝙡𝙖𝙪𝙣𝙘𝙝𝙚𝙙.
Popular Investors can now seamlessly add more funds without causing any disruption for their copiers. My copiers therefore do not need to increase their funds on their account but you can ofcourse always deposit money into your account.
The new Automatic Reallocation feature by eToro will automatically re-adjust your portfolio so that your copy is fully in line with my portfolio.
𝗣𝗢𝗥𝗧𝐅𝗢𝐋𝗜𝗢 𝗠𝗔𝗡𝗔𝗚𝗘𝗠𝗘𝗡𝗧:
With the new funds I will increase some of my positions in the portfolio that I believe show great opportunities in the long run. I have furthermore identified new opportunities to be added to the portfolio.
$QSR (Restaurant Brands International Inc.) and $DPZ (Domino's Pizza Inc) seems interesting due to the nature of the business, their return on capital and return on equity and their respective growth in business.
Both $GAW.L (Games Workshop) and $DEO (Diageo plc ADR) are interesting good solid companies that are relatively attractive priced.
I like $FANG (Diamondback Energy Inc) since I believe the fossil market to be strong and expect high demand for fossil fuels in the coming 10 year period. $STLD (Steel Dynamics Inc) is a solid business that is currently experiencing a difficult moment due to lower steel prices but shows incredibly growth in both revenues, margins and earnings for the past 10 years.
I will increase our exposure to $AXP (American Express CO) while monitoring our investments in Paramount and Warner Bros.
Perhaps it is best to pay a fair price for a wonderfull business more than it is to pay a cheap price for a cheap business.
I will write a post summarizing the month of March at the end of the month. I will then consequently name our newest portfolio additions and the rationale for each purchase.... Show More
