Now that the ATAD portfolio is up 39% YTD (upgrade to access the detailed track record spreadsheet and see all my transactions) versus -2% for our benchmark $VTSAX, I’m starting to wonder. As you can imagine, I’m having a lot of thoughts as I sip this glass of wine. Such as:
This is too good to be true, and won’t last
Price only matters when you’re buying or selling
I wishI had bought 10x of each position (of course) in this experiment
This market is insane and their can’t possibly be anything priced reasonably enough to buy at this point.
Inflation is lagged, but it’s going to be > 30%
What is going to happen to the average American’s retirement account?
Ugh.
This is a good moment to remember that I can’t predict the future so items 3 through 6 are crap and with NIRP on the horizon there’s no point in hoarding my cash. So let’s keep hunting for some companies worth owning, shall we?
Given the current economic situation, let’s just keep walking through our alphabetical list for now to see if we can uncover some overlooked winners. We’re going to look for growing companies with plenty of cash, not much debt, decent margin, ideally not super complex supply chains, a decent brand within their sphere and some sticking power while consumer spending continues to plummet alongside unemployment.
I’m going to be pretty brutal here in skipping the ones that don’t capture my fancy…
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