Aguero1010 @Aguero1010: "𝐌𝐚𝐲 𝟐𝟎𝟐𝟒 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞𝐬! Dear investors, ..."

Romania

Edited

𝐌𝐚𝐲 𝟐𝟎𝟐𝟒 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞𝐬! Dear investors, I am pleased to present to you the statistics and performance metrics for the month of May 2024. 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐒𝐭𝐚𝐭𝐬: Monthly performance (MTD): 𝟎,𝟓𝟕%🟢 Yearly performance (YTD): 𝟒,𝟎𝟗%🟢 Months closed with profit: 𝟐𝟗 Months closed with loss: 𝟐𝟎 Risk score: 𝟒 Closed trades profitability: 𝟗𝟓% 𝐏𝐈 𝐩𝐫𝐨𝐠𝐫𝐚𝐦 𝐒𝐭𝐚𝐭𝐬 Tier: 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧 Copiers: 𝟏𝟐𝟐 Followers: 𝟔𝟔𝟎𝟎 AUM (Asset under management): 𝟏𝟎𝟗.𝟓𝟔𝟎 𝐔𝐒𝐃🟢 Average copy duration: 𝟗𝟗𝟖 𝐝𝐚𝐲𝐬 Copiers profitability: 𝟗𝟎,𝟏𝟓% ➤Portfolio Top Performers: $0992.HK (Lenovo Group) $GOOG (Alphabet) $RUI.PA (Rubis SCA) ➤Portfolio Worst Performers: BABA, iRobot, SQQQ ➤New acquisition(s): Barclays, Banco Santander, Paycom, La Francaise des Jeux and Harmony Gold Mining ➤Closed trades/investments: Atkore, Barclays, Banco Santander, Renewi, HCC and Signify. ➤Funds added to: Tenaris, Alibaba, Yadea, Plus500, Rubis, FMC, Adecoagro, and EWZ ➤Partially closed trades/investments: Lenovo and ZIM Shipping Services May 2024 was an active month for our portfolio. We made strategic adjustments to optimize our allocations, taking profits from certain assets and reallocating funds to those with higher growth potential and with the aim of risk reduction. Even so, the end of the month brought us a rather large decrease in the portfolio, ending the month with almost 0 profit. But let's not forget, we always aim for the long term! I decided to make these changes in the portfolio for several reasons. Some assets were underperforming, others showed weakened balance sheets or had unrealistic management targets (Renewi). Additionally, some investments had become more expensive, increasing their associated risks (Atkore or Lenovo). The profits were reallocated to companies that are still undervalued and have greater potential (Yadea, Plus500). Investing in these companies at current prices also carries much lower risk (Paycom). I also took advantage of the favorable market conditions to execute two short-term transactions, generating decent profits from investments in Barclays and Banco Santander. The portfolio is already quite diversified. However, I am looking to add some large and mega-cap companies if they reach my target prices... It is incredible how quickly market sentiment can change, especially with the SPX500. Just a few weeks ago, we were in the greed zone with everything surging, but now the market is nearing the fear zone, and we've already seen significant declines in the tech sector. Just see Salesforce, Uipath or Adobe. These are the risks I do not want in my portfolio, which only depends on the market's opinion. Indeed, the changing market sentiment has also affected companies like Alibaba and Yadea. However, it's worth noting that these companies trade at more reasonable prices and have realistic business expectations. Any positive sentiment from the market would be seen as a bonus in these investments. Instead of the "Mag7" now we have only 5.. Amazon, Apple, Nvidia, Google and Microsoft. Let's see who will be the winner at the end. Nvidia is bigger than the whole energy sector companies (combined) from the $SPX500 with 900bn USD... The net income of the energy companies is 128bn USD, vs 43bn of Nvidia's profit. $XLE Unrealized losses of the US Banking system increased to 517bn in Q1 2024 - this looks scary but I am not an expert to judge it. US home sales at the lowest levels since 2020. Home affordability at record lows. US Debt at record levels while it is increasing quickly. It seems that the FED will have to cut the rates because of bad economic metrics (to create more problems in long term). Overall these headlines are bad and many times are not correlated to the stock markets or not in real time but with a gap. 𝐂𝐨𝐩𝐢𝐞𝐫𝐬 Dear copiers, thank you for being with me for so long. I want to inform you that on 03.06.2024 I will add new funds to the portfolio. A small amount representing 3-5% of the portfolio value. You don't have to do anything, the adjustments will be made automatically in the following days. But if you want, you can also increase the current allocation. I would consider the recent drawdown a good moment to start copying the portfolio or to add additional funds to it! I've just read some quotes from Li Lu to post one, but I found two: "Being a value investor means you look at the downside before looking at the upside." "The whole thing is, really, money makes money. That's the whole thing about capitalism. Without the capital, there is no -ism" Li Lu If you have any questions, feel free to contact me! Keep it simple, Levente

5 Mentioned

0992.HK

Lenovo Group

GOOG

Alphabet

RUI.PA

Rubis SCA

SPX500

XLE

Energy Select Sector SPDR