In this January update, I walk through (1) my current portfolio, (2) buys & sells from the month, and (3) how my positioning is changing going forward.
What changed in January (high level):
Performance: +1.1% in January
Activity: 3 new positions, 1 re-entry and 1 add to an existing core position, exited one position, trimmed 3.
Key theme: More focus on mispriced stocks with tangible near-term catalysts, less emphasis on “high-growth” narratives.
