𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 𝗙𝗼𝗿 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗖𝗼𝗽𝗶𝗲𝗿𝘀 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗲𝗱 𝗙𝗼𝗿 𝗟𝗼𝗻𝗴 𝗧𝗲𝗿𝗺 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 I employ evidence based portfolio management techniques known to maximize returns over many years. How I manage & exploit long term risk: https://www.etoro.com/posts/0__entry__681d4901-fc71-4e99-9d78-32605da83355 How I maximize returns after expenses: https://www.etoro.com/posts/0__entry__769c5e2b-3f3d-4b83-bba8-32c74c62a8b4 𝗖𝗼𝗽𝘆𝗶𝗻𝗴 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 I outline my recommended copy settings, including the current minimum copy amount, at https://www.etoro.com/posts/0__entry__9df4f4ba-6c31-4944-9282-fdf655df3b88 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗥𝘂𝗹𝗲𝘀 • Only space related (see below) • No leverage • No short selling • No ETFs • Weightings: no single asset will be manually given a weighting above 10% of the portfolio value, and any that organically grow to more than 20% will be trimmed back to below 20% within 7 days. 𝗠𝘆 𝗗𝗲𝗳𝗶𝗻𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗦𝗽𝗮𝗰𝗲 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 To be eligible for this portfolio a company must meet one of the following conditions: • Provides or is developing products or services designed for use in space, or for use by organizations that operate in space; or • Offers products or services that are largely dependent of space infrastructure; or • They are invested in one or more companies that operate in space. Examples of why the following companies qualify: • $GOOGL is a significant shareholder in SpaceX • $AMZN is developing Project Kuiper, a low-latency broadband internet satellite network • $GRMN products are dependent on satellites • $RR.L is currently working on nuclear power and propulsion systems for the UK Space Agency See a complete list of portfolio companies and their space businesses at https://www.etoro.com/posts/0__entry__39fe0820-17bc-467e-a6f6-8392a79afe11 I don’t have rules about the minimum percentage of revenue companies generate directly from space because this can be a very difficult or impossible number to get from many companies. 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗚𝗼𝗮𝗹𝘀 I aim to outperform the following space related ETFs over the next 5 years: • ARKX - ARK Space Exploration & Innovation ETF (Actively Managed) • ITA - iShares U.S. Aerospace & Defense ETF (Index based) • ROKT - SPDR S&P Kensho Final Frontiers ETF (Index based) • UFO - Procure Space ETF (Index based) The index based funds are not forward looking; they’re designed to measure overall sector performance and make no allowances for which companies are likely to return the best results for investors in the future. ARKX represents more challenging competition because they have a talented research team and are forward looking and have few restrictions on what they can invest in - for example they have previously held Netflix. I also aim to outperform the S&P 500 ($SPX500) over the next 5 to 10 years. In addition to investing in established companies that should grow in line with the index, I am investing in select new small cap entrants as they come to market that I believe will collectively grow at a higher rate than the S&P 500. 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗲𝘁𝗵𝗼𝗱𝘀 & 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 My investment decisions are based on fundamental analysis. My approach primarily involves analyzing public information about a company and its management, studying their balance sheets, profit and loss statements, SEC filings and listening to earnings calls and webcasts. Additionally, I have a terminal with another broker and I read subscription based fundamental analysis & research from sources such as Morningstar. I also follow over 200 space companies on social media and I’m actively engaged in multiple online space communities with thousands of space industry workers and space enthusiasts. You can read an outline of my investment thesis for space at https://www.etoro.com/posts/0__entry__ce1e8418-86ab-4a2b-82a4-45040b07f147 𝗠𝘆 𝗕𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱 Over 30 years of experience as a business owner, founder, CEO and director including private companies, a not-for-profit, and an unlisted public company. Although my professional experience is primarily in the Music Industry as an Executive Director of a research company, I have been a life-long aficionado of all things space. For example, one of my earliest memories is of watching an Apollo launch on TV; in the 90s I was involved in an effort to develop a commercial moon base called The Artemis Project ( https://en.wikipedia.org/wiki/Artemis_Project ) and I’m currently a shareholder in a very small private space company. You can follow me on Reddit: https://www.reddit.com/user/JPhonical and I recently joined Twitter: https://twitter.com/Space_Horton Questions & comments are welcome! 𝗗𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲 𝗼𝗳 𝗠𝘆 𝗢𝘁𝗵𝗲𝗿 𝗦𝗽𝗮𝗰𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 I maintain a list at https://www.etoro.com/posts/0__entry__c28b96dc-1276-4517-8e82-5c1fe5bbc01b