[INVESTMENT] MEMO – 25.05.2021

ACTIVITIES

For the past week, I made some adjustment to my portfolio. I have added the following positions:- 

1. NETFLIX
2. DISNEY
3. VISA

I have invested in the following new companies as well:- 

1. COUPANG
2. INTUITIVE SURGICAL, INC
3. BAOZUN INC

I have always been looking at INTUITIVE SURGICAL for quite some time now and I strongly believe this is a company that which I can own for long term.

RISK

As you may have aware that I have invested in a cryptocurrency, XRP last week. And cryptocurrency is having a rough week due to its high beta. My XRP is currently down close to 30% and so far this is my biggest paper loss.

However, I am not too worried about this paper loss because before my investment in XRP I have already made a calculated risk in this cryptocurrency investment. As you all can see that my allocation to this investment is only about 2.5% out of my total portfolio value and I will keep the portion of cryptocurrency out of my whole portfolio as low as possible. My intention in of buying XRP Ripple is to hold it for quite some time.

RESULTS

Since the inception of our fund in May 2020, we have been up close to 40.69%. We are still able to maintain our risk level at 4 as can be seen from the “average risk score”.

Stay safe.

MNMLH

25.05.2021