10.05.2021 Portfolio Update (Monthly Edition)

"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson

Welcome to the official-no-so-official first free monthly edition of “From 100K to 1M” since the change.

If you are new (again) welcome and please do check out previous monthly post to get a feel of what is going on since the change or just stick around here and enjoy the read…


Here is the breakdown of this week’s newsletter:

  • P&L Snapshots + Account Details w/ Monthly P&L

  • Portfolio Update With Stocks Discussion

  • Books I Have Read & Listened

  • Commonstock

  • Quick Personal Update

  • Monthly Munches


P&L Snapshots + Account Details w/ Monthly P&L

I guess stocks don’t “always only go up” …

Portfolio Update With Stocks Discussion*

*I’m NOT a financial advisor, and everything on this substack is of my personal opinion and all of this is for educational and informational purposes only. Always do your own research and your own due diligence.*

First the portfolio…

Stocks + Options (1/2)

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Stocks + Options (2/2)

…and now the discussion…

If you compare August to September, I have lowered my exposure to $SGC, $OPFI, and been buying more $IAC, $FF, $VMD and some others little by little.

My goal potentially is to exit $OPFI $FB and maybe $OPBK but in order to exit those positions I would need to find something to replace them with and since I’m sitting on (about) 10% cash, I’m not desperate to sell those three unless I find the right opportunity.

Also got some nice dividends:

As many of you experiencing the same things as I am (market going down a bit due to many different uncontrollable things) I still don’t see any GREAT opportunities, some are getting close but nothing to go crazy about. I did add two put options for a nice premium $BABA and $SAM, if these two would go down to strike prices I would be comfortable holding them but if they never get to those prices I get to keep nice premium with which I can buy more wonderful companies.


Books I Have Read & Listened

Excellent Investing: How to Build a Winning Portfolio by Mark Simpson is a must read for any new investor who needs to get a good foundation with a moderate take. Don’t get me wrong I love all the classic value investing books (and I’m a sucker for good investing book) but they have outdated examples or the language is not laymen. Excellent Investing is both, easy to read and understand with examples for authors personal experiences.

I give it 4 out of 5 stars.

Another must read for novice investor is The Art of Value Investing: How the World's Best Investors Beat the Market by John Heins/Whitney Tilson. It’s along the lines of Excellent Investing but a bit older and yet still full of golden nuggets and I just personally love reading and re-reading anything and everything that is easy to read + related to value investing.

I give it 4 out of 5 stars.

Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein was… “interesting” audiobook to listen. Did I enjoy the whole concept of how mankind get to “risk” odds, gamble, etc. ? yes. Was it really easy to listen to and understand? no. But I think its a book that I will come back to listen to again at some future.

Definitely easier to listen to then Security Analysis or The Intelligent Investor by Benjamin Graham.

I give Against the Gods 3.75 out of 5 stars.

Not so Honorary mention is…

Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street by Fred Schwed.

I can’t say I enjoyed it or would recommend it… but I did listen to it because apparently its a “classic” . If you have some time to kill and have nothing to listen to I guess you could waste your time on this book.

I give Where Are the… 2.5 out of 5 stars.


Commonstock

I been spending a lot more time on commonstock and it has been getting more traction and a lot more people are joining so there are a lot of different discussions. All around investing.

If you haven’t checked it out yet, I highly recommend it

Click here to go to commonstock

And if you do decide to join check out my page commonstock.com/from100kto1m and give a follow ;)

If you are not paid subscriber on this newsletter then you can see my portfolio and what I’m buying/selling (with a minor delay) on commonstock, pretty awesome

(I might be a little biased).


Quick Personal Update

Since this free edition is monthly, I wanted to give a little update on me personally since last time I was a bit overwhelmed with everything. Well I’m still pretty much stressing about life, work, and family but at least not as much.

Work been keeping me very busy and with whatever time is left, my two little bundles of joy take that, so it’s definitely feels like “a rock been lifted of my shoulders” by not doing dense weekly posts.

If you are interesting in my weekly posts, I only pretty much put my portfolio (please reference 08.31.2021 post) with major thoughts or news events related to current companies for that week. Since not too much happens week to week its nice not being too stressed out about this particular segment of my life.


Monthly Munches

Figured I keep the munches going but on monthly basis of only really really good stuff (in my opinion)

For this month, here are some things to munch on…


Thank you for reading all the way to the end.

I really appreciate your time and support and I hope to keep adding value to all be it on weekly or monthly basis.

I hope you enjoyed this post and I would love to hear your feedback (positive or negative).

Lastly, I would really appreciate if you could share this newsletter with one person.

Sincerely,

Mr Zaye

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