James Paterson @Airwalk86: "Evening Copiers & Followers and..."

United Kingdom

Evening Copiers & Followers and anybody else reading my post here on the feed. This is a follow up post today to update everyone on recent moves. Basically guys we have stayed and intend to stay on strategy to try to maximise returns during the current financial conditions (a rising liquidity environment) this means we continue to lean heavily into the best established and emerging tech assets alongside the 'best' Crypto projects listed today. I continue to be aware of the impact on my Copiers portfolio's when I sold down most of our winners in January to free up cash for a house deposit. Once I made that withdrawal the portfolio went from being extremely cash heavy to extremely Crypto heavy - during a very tumultuous period for Crypto. Therefore Copiers will have noted that 'new money' additions to the portfolio have been added almost exclusively to equity positions. Additonally, when the opportunity has presented itself in Crypto like it did today with $HYPE I have been locking in gains and re-investing the funds back into equities to further balance the portfolio weighting. I continue to love $RKLB (Rocket Lab Corp) and intend to keep adding to the position, additionally $SMT is extremely interesting due to it's huge private holding in SpaceX which promises to be the biggest IPO of all time when it finally launches in the coming weeks. $ADBE (Adobe Systems Inc) remains a dark horse in the portfolio, remaining shockingly undervalued here at an historic low for this company at just 10 x. I sold out of $AMD (Advanced Micro Devices Inc) yesterday at a 25% gain to redistribute funds a little to higher conviction names however I did keep the semiconductor exposure with a new position in $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) which I like as it benefits from the theme but is a little lower beta which this portfolio does need. Thank you for reading guys, as mentioned in today's earlier post we are outperforming all benchmarks nicely this year and we will continue striving to keep that up whilst continuing to work towards dampening some of that volatility where possible. Cheers, James

Not investment advice. The author may have financial interests in the mentioned instruments.