My top (>2%) positions in no particular order: BRKB, GOOGL, META, AAPL, RILY
In: RILY - bought
Out: PSHZF - sold
Fixed income: 2%
Cash: 8%
Sectors
(kinda): Insurance (BRK): 15%, Malone/media: 0%, Banks/financials: 8%,
Stock funds: 4%, Industrial: 0%, Consumer: 1%, Medical/pharma: 2%,
Tech: 41%, Various owner-operators (not included in other categories): 2%
New positions: TREX, SDIIF, RNG, VCSA, INN-E, GNL-B, GNL-A, RILYP, COF, TSM, FTNT, FOUR, CELH,
Positions
increased: PX, TTD, GOOGL, ZM, INTU, CRM, VEEV, DOCU, SHOP, MRNA, CURN, DFAU, IWF, META, RILY, ADBE, VMEO, U, MGNI, NOW, SCPPF, KARO, APPS, AYRWF, IVSBF, HLFFF, TEAM, THRY, LRCX, DOCS, PANW, AMD, DDOG, ABNB, AMZN, YELP, CRWD, FNKO, WDAY, ETHE, PUBM, PAGS, EXPE, GBTC, CNSWF, V, SSTWS, VRTX, TDOC,
Positions reduced: COIN, KNBE, COUP, RVPHW, VMW, PINS, ATVI, ETSY, MTCH,
Positions
eliminated: XP, ATY, RMD, TWTR, POSH, STNE, PSHZF, MLSPF, IAC, TER, CHGG, OTMOW, HZONWS, WEJOW, SHCRW, KPLTW, BGRYW, OUSTWS, TTWO,
Flip-flop: FVRR
Fixed income: I invested in several fixed income securities, including INN-E, GNL-A, GNL-B, and RILYP, which had yields of 8-9%.
Merger arbitrage: I had good results with TWTR. I bought and later sold VMW as the prices increased. I bought COUP before the buyout announcement and sold it afterward. I sold my position in KNBE after the buyout announcement. I gave up on ATVI and sold most of my shares. I also bought some IRBT.
Crypto: I added some ETHE and GBTC to my portfolio as the value of cryptocurrency dropped.
I sold some stocks and reduced my positions in others due to uncertainty about future growth and performance.
I initiated tracking positions for TREX and SDIIF.
I bought stocks that I believed were attractively valued. However, many of these stocks continued to decline after I purchased them.
2022 returns: My actively invested accounts had a return of -31% in 2022. This could have been better if I had invested in the SP500 instead. $IWF had a return of approximately -30.5%, so that would not have performed better. Although considering that I had some cash, $IWF probably would still have done better.
$META at -65% and $GOOGL at -40% definitely did not help. These stocks made up a significant portion of my portfolio and contributed to the negative returns. $AAPL at -27% or so, performed somewhat similarly to my portfolio.
My returns overall:
Comparisons with SP500 are approximate, since SP500 calculator does not have December 2022 data yet.
Earliest to date: 8% annual vs ~9.3% SP500
Last 10 year return: 6.92% annual investment accounts, 6.87% active accounts vs ~12.4% SP500
Last 5 year return: 4.62% annual investment accounts, 3.69% active accounts vs ~9% SP500
Last 3 year return: 3.34% annual investment accounts, 0.85% active accounts vs ~8% SP500
