Morten Bach @MoGeBat: "A bit of portfolio rotation..."

South Korea

A bit of portfolio rotation this week: Sold $WM (Waste Management Inc) with a profit to leave room for more growth, $MDB (MongoDB Inc) as I feel it will struggle with increased volatility over the coming periods, $ASPN (Aspen Aerogels Inc) as growth has significantly decreased which was not in my investment thesis, $DOCU (DocuSign Inc) as growth takes too long... and finally $ZS (Zscaler Inc) with the same reasoning as MDB. Instead I bought $DUOL (Duolingo) with a solid business model at very low multiples if you ask me, more $MELI (MercadoLibre Inc) as they simply perform excellent and will over many years going forward and finally $SE (Sea Ltd-ADR) who have surprised me positively and seems to be growing sustainably!