I am resisting the individual stock picking game these days and instead outsourcing my management to the GARP portfolio. I built it into a Motif on August 24th aka the day that made every chart look jacked up. Since then some of the positions have made admirable comebacks. Weighing the basket down is bastard GoPro. Here’s where it gets fun: GPRO was my favorite stock in the GARP and the one I would have picked on my own, FML right?
Conversely, I would never have looked twice at GTN which is up nicely on the day.
Anyhow, I added some GARP exposure today. I also bought one of Option Addict’s energy stocks.
Cash is around 15% and I still have a BIS hedge. I will likely maintain this cocktail until I see Thursday’s reaction to The Fed.
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