Hi Friends,
2023 has been quite a learning experience, apart from 6 posts in the year (I performed underwhelmingly), we unearthed a few good stock stories and saw lots of ups and downs
2023
The portfolio has not changed much since last year.
But there are multiple new plants and some trimming and strengthening of existing trees.
The blue still holds the auto sector with around 17% of my portfolio, both the stocks in this list, the oldest plant in our farm, FIEM industries and the consistent Sharda Motors are still holding up. Did around 20% of trimming in these two last year. However, the overall percentage remains the same due to a jump in share prices.
The black is overtaken this time by the FMCG sector (16%) with Bajaj consumers ruling the roost and ITC reduced to just tracking position here. Trimming of around 10% was done during last year.
The green abodes for the tortoise in our portfolio (11%), the chemical sectors, with obvious leader Vinati organics, still holding the fort, with marginal loss in 2023. A few tracking positions including Sree Rayalaseema have been planted too. Overall increased the allocation by 20% in this sector.
The orange is the 2021 favorite, energy sector (10%), and IEX is the only tree standing there. Increase of around 5% in allocation in this area.
There are a whole lot of new entrants colors you can see, the major among them comes from our stock discussion last year, with Premier Poly film taking the top spot, followed by Anuh Pharma, each taking around 6% of the portfolio.
Also the bamboo offshoot of last year, Geekay Wires, even though the original stake has been pared and invested in other ideas, still makes up around 4% of the portfolio due to huge growth in stock price and its business.
Overall my 20 stock portfolio, has a few new saplings introduced from the chemical and IT sectors and a big stable tree from the banking sector. I am planning to discuss them in detail with you and build a position slowly in the coming years.
Key Takeaways
Use of ETF to play sector rotation. Global and Indian ETFs performed well in tandem.
Trimming stakes in volatile companies for investing in new saplings. Geekay Wires’ growth helped to invest in Sree Rayala.
Be clear about your expectations from the market. Bulls and Bears will keep fighting, there is no point in predicting who wins when, remember Bears are Bulls in disguise and vice versa.
With just 6 posts to count for last year, I know my performance could have been better but due to my consistent battles with health issues, I will take them up.
So, in this year's discussion, I have two microcaps brewing up for discussion, apart from them few mid and large shares are going to provide new investment options.
With a General election planned during the first half of the year, the market can be anything but stable, so there is no harm in harvesting some crops and cleaning your farmland of any weeds and grass.
Remember when the flood recedes, the crops overwhelmed with water are the first ones to die down. But the same doesn’t hold good for Trees on our farm, they can sustain such deluge easily. So trim your crops and invest in stable Trees in the mantra for the year.
I wish you a very happy new year, keep up the love.