I apologize for the radio silence. I have been in the Rain Forests of South Borneo replanting the rainforest and visiting our friends in the forest there… am amazing, once in a lifetime epic trip with my daughter and a good friend, Brandon who is part of this chain. I will be traveling through Asia the next couple of weeks and trying really hard not to pay attention to the stock market. That said, it’s hard not to notice When my portfolio in particular is down 5% in a day as it was last week. While that would worry me If it was just one stock and cause me to go looking for the underlying reason, I am far less worried when they are all down, particularly when the market is up. I took the opportunity today while in Hong Kong to add a bit to my ZS position and also to add a new starter position in SMAR. A starter position for me Usually means less than 2% of my portfolio while I look into the company fundamentals and to start to track the technicals. I have not had a chance to look at my performance for Q1 2019 that ended on March 31, but I suspect I’m still up over 50% For the quarter and year to date. If you look at the S&P 500, the NASDAQ, in the Russell 2000 as a benchmark of sorts for Q1 and YTD on average they are up about 13% combined. Nice to be triple that amount in the companies I/we have. I expect in the long run these stocks will continue to outperform the overall market, as they are the highest growth companies. That said, I do not try to Time the top or bottom of the market as a whole, though I will occasionally pick up a few extra shares when there is a dip like that was last week for no apparent reason.
As an added plug for my dear friend Kinari, who hosted us in Borneo for a phenomenal eight days, I would just say reach out to her and make plans to go see the amazing work she is doing to save the rain forest, as she put it, the lungs of our planet.
