Update for The Hedgehog Portfolio! [Dec 2019]
IMPORTANT: Please read the disclaimer before continuing.
I haven’t done anything much except selling my HemaCare position FULLY because of its impending merger with Charles Lab. I wanted to hold this position as long as I could because I do see a path for it to become a billion dollar company eventually.
However, there is nothing I can do to stop the merger. If I can’t do anything about it… I will not complain about it. Instead, I started hunting for good quality companies for a few months.
After lots of research and calls with other investors, I’ve deployed the proceeds from HemaCare to my new position. I am really excited to see how this company would perform. Many people misunderstood that investing requires a lot of activity such as buying or selling frequently. All I did was to do 3 – 4 trades after Sept 2019 and nothing else.
(RELATED: The Hedgehog Portfolio!)
Portfolio Review Video
I have dropped some of my secrets and mindset about how I view this year’s performance!
As they say, past performance is no guarantee of future performance! However, I’ll keep working hard to become better each day.
While I am delighted for achieving close to 70% returns, I am more focused on building a stronger framework v2.0 that allows me to identify better companies in 2020. I also want to develop my ability to analyse information better. I must caution that it is absolutely senseless to measure one’s result on a single year, though.
Next year, I am starting a new portfolio with a targeted amount of $10,000.
This is going to my third portfolio.
Portfolio 1: Main portfolio.
Portfolio 2: Hedgehog portfolio.
Portfolio 3: [fill in the blank] portfolio. Any suggestions what I should call it?
My wishes for year 2020:
- Focus on building deeper relationship with the management of my portfolio companies.
- Network with more entrepreneurs and seasoned investors.
- Build stronger connections with professionals across various industries
- Uplift more people and help them to discover how to invest in high quality companies with price discipline.
- Move away from investment books (enough…) and read more business books.
- Spending more time analysing companies instead of being distracted by other activities.
- Create more content.
Before I end this post, I wish to express to a special group of people who supported Growth Investing Mastery (GIM)! We started this investing programme with 12 months worth of mentorship. As a direct result of their participation in the programme, I was able to guide them on proper selection of companies using a proven framework!
Here are some testimonials that poured in:
2019 has been kind to me! Let’s push ahead into the new decade of 2020