It’s been a while since I’ve posted anything on this blog. I’ve spent the last year blogging on another website, and I’ll share the news with you soon so that you can follow that site also if you like.
It’s time for a review of the portfolio results again. Last time I updated you was during the midst of the pandemic outbreak, where I shared that the Philosophers’ Legacy Portfolio didn’t fall notably during the crisis. The companies that it holds withstood the market fears and I didn’t see much change. The market fell a lot in March 2020 and I did some buying in March throughout the year. Unluckily I wasn’t able to get much bargains in the US market, since the dollar was really strong vs the Norwegian Krone at the time the US stocks were the cheapest.
Nevertheless, the portfolio has done pretty well. Since April 2020 the portfolio has gained almost 20%. The market beat me during that period, but as you will see in the next picture, that was just due to a higher variation, and a larger fall in March 2020. As you can see over a three-year-period, I’ve beaten the market by a large margin.
My holdings in the Philosophers’ Legacy Portfolio have gained almost 94% over the last three years.
In other news, I’ve also invested a meaningful amount in some stocks that I previously thought to be more of a speculative position during the last two years. One of the holdings that you will be able to read about when I release the link to the second blog that I’m writing, turned out to be a multibagger over the last two years. You can see my total track record with what I call the “fun money” in the picture below.
All in all I’ve outperformed the market and have gained roughly 22% annually over the previous five years.
A substantial percentage of my holdings is the Costco stock. When I bought it back in 2019 I thought to myself that it was so expensive that I would probably not earn any money for the next 2-3 years on it. But I thought that after the wait my yield would grow to around 15%. While the stock has only moved from about $300 to $360 since I bought it, the earnings have grown by 15% annually more or less.
Most of my stock are mostly priced fair to say the least. I’d say they are so expensive that I wouldn’t buy at these prices. One of my bigger holdings however which is Berkshire Hathaway is still quite undervalued. If I’m going to guess where my portfolio will get its upwards push the next three years, I’d bet it is from the Berkshire stock. While my portfolio has gained roughly 22% annually in total, the Berkshire holding has only contributed with about 10% annually so far.
See my total performance here below.
I’m looking forward to share the news with you about where else I’m writing, and I hope you will follow that site as well. I’ll share now that is also an educational website about investing, and that the ideas I’ve had about creating a membership will be sold through that site in the close future.
