Performance and Portfolio Changes
This past quarter my portfolio has performed similar to most benchmarks. It has clocked in around -17% for the quarter and -20% for the year to date.
During the quarter I sold out of a few positions ( META , MO , , BTI , FAST ) and added to Constellation Software, Leatt, and XPEL .
Current Focus
I recently wrote about some of the mental impact that I am still feeling from the ongoing market volatility and the temptation to change course and try a new strategy. With a changing market sentiment and shifting macro economic outlook.
I’m going to continue to focus on what I’m holding for now. I will continue to look for new opportunities but I firmly believe there are at least a few real winners in the portfolio that I could likely continue to add to over time when prices are falling in the market.
Watchlist
I’m continuing to study Pool Corp POOL OTCM, Galaxy Gaming and Texas Instruments TXN . I’ll do more writeups on new ideas in July and also some updates on businesses I’ve covered previously.
Look out for a premium post on a comparison between Alimentation Couchetard and Casey’s CASY - two excellent performers in the convenience store industry.
That’s it for now, check back soon for more. As always, follow me on twitter and please share this with anyone who might interested in my work.
Why sell $FAST ?