Medium/Longer Term Stock Portfolio

[divs4ever]

I bought AIZ as a copy trade trying to emulate the greatest. Basically, Buffet was buying up the US airlines (Southwest Airlines etc) as the world was opening up from all the lockdowns, so I thought AIZ was one of the best local candidates, given Virgin Airlines was taken off the exchange by then and Quantas didn't seem to present a deep discount at the time. However, Buffet had sold out of the US airline stocks soon after and I felt like the one holding the bag.

i agree with your logic , but i moved too early i didn't see the virus saga coming back when i bought

but airlines ( ASX listed ones ) might be truly stuffed except maybe REX ( which i keep missing the target price on )

you have to watch Buffet carefully , with his ( well Berkshire's ) war-chest he can swing some sweet deals , convertible debt , warrants and all sorts of juicy extras .

what i will probably lose long term on AIZ i made up on the MQG-SYD divestment

maybe i should have taken the hint and sold AIZ back then ( before 2020 )

 

[aus_trader]

i agree with your logic , but i moved too early i didn't see the virus saga coming back when i bought

but airlines ( ASX listed ones ) might be truly stuffed except maybe REX ( which i keep missing the target price on )

you have to watch Buffet carefully , with his ( well Berkshire's ) war-chest he can swing some sweet deals , convertible debt , warrants and all sorts of juicy extras .

what i will probably lose long term on AIZ i made up on the MQG-SYD divestment

maybe i should have taken the hint and sold AIZ back then ( before 2020 )

I very much like your comment about being careful with trying to copy Berkshires and other similar mega-funds.

Although substantial holder notices can disclose what they buy into and sell out of with a delay, it does not show the gravy that sometimes accompanies the share purchase meals, which can come in the forms of bonus shares, options, warrants, debt etc. which retail investors like us don't have access to.

Sydney Airport got a nice Take Over offer that offered a nice premium.

 

[BossMan.]

OK Guys, the project to buy quality US based companies for the long term has finally come to fruition.

What's taken me a long time was to evaluate the various platforms available with different features and conditions. After many hours of comparing, I decided to open a separate brokerage account dedicated to US stock investing, see my recent post which explains the new platform opened:

Speculative Stock Portfolio

Sold half of the shares in TYR: Also congratulations to @UMike for being the runner up with the August Stock Tipping Competition tipping TYR: https://www.aussiestockforums.com/threads/august-2022-stock-competition-entries.37168/post-1190801 Hope the remaining shares for TYR sticks on, in...

www.aussiestockforums.com

I was offered international share trading in my long held Aussie brokerage platform, but the brokerage fees were quite high. That's why I decided to open a commission free brokerage account as I only plan to invest in small sums of money into individual quality US companies for the long term. Why small sums of money ? The companies I am targeting will be down generally which is the case at the moment due to the recent US stock market decline. However, they could fall further, so I have funds kept for other opportunities both local and US.

A couple of points to clarify before showing the first few companies that I bought into....

Quality is a relative term and what's quality for me could be complete garbage for someone else. But I try to look for profitable companies with potential for price appreciation over the long term. In terms of time horizon, I plan to hold for a decade or more, as I am not going to be monitoring day-to-day price movements that's usually done with stock trading in my Speculative Stock Portfolio. Currently extremely stretched for time to manage another trading portfolio for US stocks, so that type of project may not happen till I am able to stop or cut down working significantly i.e. retire.

First US stock purchased is Meta Platforms or good old Facebook. It's share price has absolutely tanked this year and now trading for low PE of just over 10.

The Pandemic market darling that helped everybody work and connect remotely has its share price in the gutter at the moment after peaking well over US$500 in late 2020. Decided to pick up this profitable company Zoom Video Communications because I think the trend is here to stay for the long term.

Lastly the eCommerce giant Amazon is trading close to 50% off on a yearly basis. So also added that to the Black Friday shopping basket.

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Long Term US Stock Portfolio:
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Are you still holding META and AMZN

Both very good gains since..