davidbumpstead
π™ˆπ™Šπ™‰π™π™ƒπ™‡π™” π™‹π™Šπ™π™π™π™Šπ™‡π™„π™Š π™π™‹π˜Ώπ˜Όπ™π™€ (π™ˆπ˜Όπ™π˜Ύπ™ƒ) πŸ“ˆ Up 4.09% last month! 🎯 Beating monthly target by outperforming the $SPX500 by 1.02%! ʀᴇᴍΙͺɴᴅᴇʀ: ᴛᴀʀɒᴇᴛ Ιͺs ᴛᴏ ʙᴇᴀᴛ α΄›Κœα΄‡ $sᴘx500 ᴇᴠᴇɴ α΄‘Κœα΄‡Ι΄ α΄€α΄› α΄€ ʟᴏss. πŸ’° 83.33% of trades closed last month profitable! βœ… Our biggest portfolio contributor so far being $IDT (IDT Corporation) at a change of 61.04% βœ… Portfolio Up 6.04% YTD! πŸ’‘ The tech surge shows no signs of slowing down in March, fuelled by continued optimism around AI. While companies like Tesla's recent AI day generated excitement, it's crucial to remember that hype can sometimes outpace reality. Our portfolio prioritizes established businesses with a proven track record of solid performance and a clear path for long-term growth, ensuring a balanced risk-reward strategy. πŸ’‘ The potential of AI is undeniable, but with so many new players emerging, it's a crowded field with winners yet to be determined. This month, I remained vigilant, focusing on companies with a sustainable competitive edge and the ability to thrive regardless of industry trends. By staying disciplined and avoiding the 'get rich quick' mentality surrounding the latest tech darlings, we can make sound investment decisions that prioritize long-term wealth creation. πŸ’‘ Our Q1-2024 report will be released later this week. Please consider following or copying me and feel free to ask me any questions! We’re going to see many ups and downs but, be patient and we'll see what the coming years will bring us. www.etoro.com/people/davidbumpstead/portfolio For articles and insights into value investing and my investment strategy please visit www.amalgamated-value-investing.com/