Portfolio:
- Cash – 60%
- Tesla – 6%
- Microsoft – 6%
- TransMedics – 4%
- Coinbase – 4%
- Block – 2%
- HPQ – 1.5%
- Aspen Aerogels – 1.5%
- Okta – 1%
- Match.com – 1%
- Snowflake – 1%
- Elf Beauty – 0.5%
- HIMS – 1%
- Shift4 payments – 1%
- Enovix – 1%
- Upstart – 1%
- Sofi-1%
Trimmed good chunk of Tesla, but 2027 calls I held on fell from gains of 200% to 60%, hindsight should have trimmed calls too. I did want to keep the calls in case of madness kicking in around AI theme.
Sentiment indicator (Hindsight though) : There was too much chatter on twitter in December. When market is correcting very few people post on twitter, because everyone is looking at each other for answers with blank faces is my best guess.
Broadly based on what some technical chartists are saying, high valuations (across growing companies and index), macro uncertainty (Tariffs, DOGE), 30% of treasuries coming up for refi this year, I anticipate broad volatility. But this doesn’t mean much for the stocks I am bullish as I will buy at right price irrespective of market.
Bitcoin seems like the risk indicator for the Nasdaq and broad market looking at the chart for last 5 years. You can notice stock market roughly bottomed after bitcoin in 2022 as well. Last cycle w
Uday Reddy 