On Monday, the market’s violent march higher forced me to cover my short positions, by end of day 80% of my paper profits vanished. Now I am positioned long. Below is the current state of my portfolio. YTD return is 16%
Stocks | 61% |
Cash | 39% |
QQQ | 13.3% |
GIS | 9.7% |
CHD | 7.0% |
HD | 6.8% |
INTC | 6.3% |
ALXN | 6.2% |
AAPL | 5.2% |
KMB | 4.1% |
EBAY | 1.5% |
DOW | 0.6% |
KORS | 0.3% |
Nice rise up there on CHD.
What is the thesis for KORS? I know your holdings are small for that company.
CHD is solid. KORS was a speculation that went wrong… the remaining position is basically a bet they will see tremendous rev growth over the next few years as they open hundreds of new stores.