Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Harry Trout's Portfolio
+ Reply to discussion
Options
mark spurrier
Posted: 20 March 2021 08:38:41(UTC)
#31

Joined: 17/01/2018(UTC)
Posts: 1,696

Thanks: 178 times
Was thanked: 3322 time(s) in 1130 post(s)
I am a bit perplexed as to how to treat stats that include the interesting times we have been living in. It has thrown up some real outliers eg BG American on the positive side.
Back to top Quote
1 user thanked mark spurrier for this post.
Harry Trout on 24/03/2021(UTC)
Harry Trout
Posted: 24 March 2021 16:27:38(UTC)
#32

Joined: 08/06/2014(UTC)
Posts: 1,012
Added to $FUTU holdings modestly at $102.70 after sustained falls of late and particularly today on a wider sell off of Asian growth names.

$FUTU has some big supporters - Tencent, Goldman Sachs, JP Morgan, Renaissance

Analysts forecasting 371% increase in earnings from 2020 to 2022

A volatile stock no doubt so I will not be allocating too much to this but I think I have one more round of dry powder for a further big drop if it comes .........

1-2% position size limit.
Back to top Quote
Bulldog Drummond
Posted: 24 March 2021 18:06:39(UTC)
#34

Joined: 03/10/2017(UTC)
Posts: 6,253

Thanks: 2935 times
Was thanked: 11838 time(s) in 4405 post(s)
Interesting thread. I would also share concerns about HL equity as their services are very expensive and in my experience their customer service is crap, not a good combination. I think I read somewhere that they had 80% margins, so there will be no shortage of firms looking to eat their lunch. Obviously they have been a great investment to date.
Back to top Quote
1 user thanked Bulldog Drummond for this post.
Harry Trout on 24/03/2021(UTC)
bédé
Posted: 24 March 2021 20:02:34(UTC)
#35

Joined: 26/09/2018(UTC)
Posts: 7,895

Thanks: 4617 times
Was thanked: 6855 time(s) in 3716 post(s)
mark: "I am a bit perplexed as to how to treat stats that include the interesting times we have been living in"

I am a bit perplexed as to how to treat stats that exclude the interesting times we have been living in.
Back to top Quote
1 user thanked bédé for this post.
Tim D on 24/03/2021(UTC)
Bulldog Drummond
Posted: 24 March 2021 20:16:16(UTC)
#36

Joined: 03/10/2017(UTC)
Posts: 6,253

Thanks: 2935 times
Was thanked: 11838 time(s) in 4405 post(s)
bédé;161041 wrote:
mark: "I am a bit perplexed as to how to treat stats that include the interesting times we have been living in"

I am a bit perplexed as to how to treat stats that exclude the interesting times we have been living in.


"Should a person on returning from the city discover his house to be in flames, let him examine well the change which he has received from the chair-carrier before it is too late; for evil never travels alone."
- The Career of the Charitable Quen-Ki-Tong
Back to top Quote
2 users thanked Bulldog Drummond for this post.
Aged techie on 27/03/2021(UTC), bédé on 21/04/2021(UTC)
Harry Trout
Posted: 06 April 2021 16:49:28(UTC)
#37

Joined: 08/06/2014(UTC)
Posts: 1,012
London Stock Exchange Group LSEG. There was a sustained dip on this stock following earnings released a few weeks ago - I have been tracking it to try to time an entry.

There was a decent reversal candle last week in the weekly view, see chart below.

Opened a new position today at £73, would add more on further drops. Decent earnings growth for the price but still not cheap.

I like these kind of compounders for the long run but on the other hand I may just trade it "Peterson style" !!

London Stock Exchange
Back to top Quote
 |  Edit by user
Fibby Nacchi
Posted: 08 April 2021 16:05:15(UTC)
#38

Joined: 08/04/2021(UTC)
Posts: 3

Thanks: 1 times
Was thanked: 5 time(s) in 3 post(s)
Good looking balanced portfolio with a mix of stocks over a range of sectors and geographies. Just noticed that you did not include and European stocks. I have been watching Tesla's wild ride over the last year and was wondering if this is just a flash in the pan or something more systematic. I just don't have the guts to invest in the stock but was hunting around for healthier and less volatile alternatives. Spent some time looking at the other car manufacturers and decided that Daimler was a more prudent bet. A quality old fashioned manufacturing brand with a new electric tinge. Stock has been doing well but not spectacularly....so more in my risk/reward range. Not sure if this will fit with anyone's idea of a Tesla replacement but the stock imaybe worth a look...

Daimler chart

[img=https://drive.google.com/file/d/1QLd-DCeSlNahopAZJ2qJHb6RXjftAP5l/view?usp=sharing]Daimler Chart[/img]
Back to top Quote
1 user thanked Fibby Nacchi for this post.
Harry Trout on 09/05/2021(UTC)
Harry Trout
Posted: 20 April 2021 14:32:25(UTC)
#33

Joined: 08/06/2014(UTC)
Posts: 1,012
Harry Trout;161019 wrote:
Added to $FUTU holdings modestly at $102.70 after sustained falls of late and particularly today on a wider sell off of Asian growth names.

$FUTU has some big supporters - Tencent, Goldman Sachs, JP Morgan, Renaissance

Analysts forecasting 371% increase in earnings from 2020 to 2022

A volatile stock no doubt so I will not be allocating too much to this but I think I have one more round of dry powder for a further big drop if it comes .........

1-2% position size limit.

Added modestly to $FUTU Futu Holdings again on the drop today at $151.80. Price falling following a surprise secondary offering overnight.

Would buy a little more on further weakness but I don't want to own too much of this volatile stock. However, it's been fun so far!

Using a mainly quantitative approach, I am now going to have a go at setting price targets against my purchases of individual stocks. My 1 year price target for $FUTU is $195 ........
Back to top Quote
 |  Edit by user
1 user thanked Harry Trout for this post.
mdss68 on 21/04/2021(UTC)
Harry Trout
Posted: 21 April 2021 08:14:55(UTC)
#39

Joined: 08/06/2014(UTC)
Posts: 1,012
I have been gradually selling down my Lindsell Train UK Equity OEIC position this year and it will soon fall out of my top 10.

My reasons for this, in order of importance are:

1. I prefer to hold ITs now and FGT Finsbury Growth & Income Trust is available as a replacement. I would rather own FGT now if I want exposure to Nick Train, I do own some FGT (1%) but haven't added since July 2020.

2. I own Diageo, Fevertree, Unilever, London Stock Exchange and Hargreaves Lansdown directly and I'm comfortable doing this so there is no point paying a fee for Nick Train to manage them, he doesn't rotate investments.

3. I feel that a number of the holdings are at a reasonably full price, London Stock Exchange a possible exception that I am happy to hold direct.

4. The fund always underperforms my benchmark VWRL

I can also see me selling down Diageo, Fevertree, Unilever and Hargreaves Lansdown in time too, they are all on my selling watchlist due to long term underperformance to VWRL.

Anyway today I sold the largest chunk of Lindsell Train UK Equity so far.
Back to top Quote
1 user thanked Harry Trout for this post.
Mr Helpful on 21/04/2021(UTC)
bédé
Posted: 21 April 2021 08:51:18(UTC)
#41

Joined: 26/09/2018(UTC)
Posts: 7,895

Thanks: 4617 times
Was thanked: 6855 time(s) in 3716 post(s)
EDIT 20/04/21 - Renamed this thread "Harry Trout's Portfolio" from "A Concentrated Portfolio"

Hey, how did you do that?

I once made a serious grammatical error in a title and thought I was stuck with it forever. The shame! A simple typo, no problem.


But apart from that, your thread is a bit like watching paint dry. Come on! Make it a bit more exciting.
Back to top Quote
 |  Edit by user
23 Pages«Previous page23456Next page»
+ Reply to discussion

Markets

Other markets