A surprisingly good year rounds out the first 5 years of mispriced markets.
Tag: 2022
There are value traps everywhere you look these days. I avoid the temptation to try to grab some of the cheese and instead hunker down in the relative safety of my current holdings.
I decide to climb out before I dig myself any deeper into this hole.
I sell BGSF and declare an official end to a long and lucrative relationship with micro cap stocks. I look past the current market turbulence and review the portfolio from a more optimistic perspective, with an eye to the next business expansion. I also try to figure out where we stand after the recent market mayhem.
Stock market declines have me singing a cheerier tune and adding four new stocks to the portfolio while one gets squeezed out.
A deteriorating near-term outlook has me switching lanes.
I’m taking a dimmer view of market conditions than most, but nonetheless manage to find something sparkly to add to the portfolio.
I sell Essential Energy Services and double down on Linamar and Foot Locker. I claim to rarely be mistaken even though I am frequently wrong. I wonder whether overweighting cash is really a defensive move in this environment and I use my new stock screening spreadsheet to showcase the process I use to find new investments.
A significant acquisition weakens the balance sheet and has me looking for greener pastures.