🥂 Our Portfolio in 2025

Making Progress

Hi Partner 👋

What a year 2024 has been.

Since its launch on October 1, 2023, the Portfolio has returned 44.5% compared to 35.2% for the S&P 500.

I couldn’t have dreamed of a better start.

Let’s update the Portfolio and set our expectations for the new year.

Return Portfolio

Since inception in 2023, Our Portfolio has returned +44%:

The CAGR of the Portfolio equals 25.0%.

As you know, a 1-year performance doesn’t tell you anything.

It’s only after 5 years and longer that anything meaningful can be said.

The most important thing is to use an investment strategy that you truly believe in and makes sense.

When your investment strategy or idea even resonates with your 14-year-old niece, you know you’re on the right track.

Fundamentals

When we compare the Fundamentals of Our Portfolio with the S&P 500, we get the following:

Our companies score better on almost every metric while not being more expensive than the market.

That’s exactly what we want to see.

We own fundamentally way better companies than the market and the market doesn’t seem to recognize it (yet).

How much money are we making?

Currently, we are invested in 15 companies for a total amount of roughly $1 million*.

An easy way to calculate how much money each company is making for us?

As an example, we own 180 shares of Visa. Visa is expected to generate a Free Cash Flow Per Share of $9.2 in 2025.

What each company makes for us per year = Number of shares we own * FCF per share
What Visa earns us = 180 * $9.2 = $1,656

This means Visa generates $1,656 in pure cash for us every single year!

When we do these calculations for the entire Portfolio, we get the following: