Post Olde Man Portfolio

After I catch my sea-legs, I will be sashaying (no homo) out of the amber of olde man, wheeled chair, restrictiveness– back into something a bit more aggressive. For those of you in the money management business and solely focused on gathering assets, this is probably not for you–as you should be more interested in preservation of capital over outperformance. As to why I do what I do: I enjoy shooting for the stars. It keeps my blood flowing like a raging river.

On June 1st, I will be updating the GARP (growth at a reasonable price) Index inside of The PPT. Year to date, excluding dividends, it is down less than 3%. Considering the pressure applied to growth stocks, I’d say it could’ve been a lot worse. However, being down is never acceptable. Most of the GARP loss is in one stock: NUS, which was cut in half since the beginning of the year. Ex that out and it would definitely be up. I intend to right the ship in that index during the second half of the year.

If I was putting together a portfolio today, I would pick 10 stocks. Three of them would be mega cap dividend payers aka olde man stocks. Five of them would be GARP plays. And the last two spots would be reserved for high beta growth plays–equal weighting of 10% across the board.

Just to give you an idea, here is one portfolio that I put together for someone just yesterday (new money comes in all the time).

PG
COP
BUD
KORS
GILD
ABC
FANG
YNDX
YELP
SCTY

An alternative portfolio, one that I am also modeling might look like this:

KMB
OXY
TGT
HAR
JAZZ
TRN
SLCA
EPAM
LNKD
CSIQ

My actively traded accounts would look a lot different, as they’re structured for short term trading. A stock like XON could be plugged in there, instead of YELP or SCTY. The point is, if you are doing this professionally or self-directing your own assets, it’s a good idea to have a plan. It’s also worth noting, plans work out incredibly well until something goes wrong. Be prepared for extreme tomfoolery and stress test your account under a number of scenarios. You should never manage your money the way I just did, over the past two months. Going forward, I intend to exhibit a lot more discipline and structure in my investment approach, in order to mitigate “full body detonation.”