For transparency, we will continue to maintain our honest board archives in written format here. The market commentary that previously featured here will now be distributed in the Beat The Market video on Sundays.
This week we were long equities with a portfolio consisting of 10 stocks: NVDA, TSLA, ABNB, MPWR, FCX, TEAM, URI, TTD, PLTR and AXON.
The market went up (just about!), so our decision to be long was vindicated.
Our positions in NVDA and MPWR were our biggest gainers, while our China related positions of TSLA and FCX detracted from returns.
Our portfolio was up 2% compared to just 0.2% for its benchmark.
Performance vs benchmark
Portfolio | Benchmark | Current Holdings | Current week | YTD return | YTD Benchmark return |
Unbound Macro Regime Switching | ACWI Large Cap | NVDA, TSLA, ABNB, MPWR, FCX, TEAM, URI, PLTR, AXON, TTD | 2.0% | 3.7% | 1.5% |
An archive of our prior weeks is available here.