Half year performance evaluation
Being accountable
This post will be slightly different as first half of the year has past. It is meant to keep track of all the recommended stocks from my blog as a way to keep myself accountable.
The performance is slightly trail S&P 500. It does show that the market is hard to beat. Regardless, the superior performance of S&P 500 could be easily attributable to the 7 mega tech with them contributing 44% of the performance. If excluding it, S&P will only be up 1+%.
The purpose of writing this blog is not to follow the popular stocks as they are widely covered by investment banks or other bloggers. It is to cover underfollowed stocks that could outperformance the market on a sustainable basis. These companies are exceptional on its own and hopefully, through my blogs, they could get enough attention.
Too bad i didn’t own most of them due to the valuation or other considerations. Besides, as a value + quality investor myself, there is just not sufficient margin of safety. However, don’t be worried as there will always be bargain as Mr.Market is always ready to get you a good deal.
Today post is slightly shorter than my usual post and i hope to uncover more gems in the future. I will end this post with the quote by Buffett below:
