hi i'm jimmy in this video we're looking
at my personal investment portfolio
we're going to look quickly at my
holdings as well as some new holdings
that i've picked up we're going to look
at some new purchases that i made where
i really average down some of my costs
and then finally we're going to look at
some
issues of the portfolio now i'm saying
that hesitantly because i don't really
think that they're issues but
i'll explain them when we get there i'm
going to look we're going to look at
that at the end but before we jump in i
just want to tell you real quick about a
website that we're building where we're
trying to make it quick and easy to
calculate the fair value of stocks now
we're kicking off the website with
discounted free cash flow where you
basically punch in the ticker and you
use your required rate of return and it
gives you the fair value this is apple
stock we could see that apple at the
current prices apple stock's been
getting killed lately looks like it
could be undervalued this hopefully
leads us to whether or not we should do
a deeper dive on the company that being
said we're also after we're done with
discounted cash flow that's by the way
that's expected to be up and running in
the next few weeks by the end of june
was what we've been saying and i'm
optimistic that we're going to get this
up and running by the end of june so
within the next few weeks shortly after
that we're going to add different
valuation methods for banks for real
estate companies and we're going to come
up with a whole bunch of different ways
to value stocks and try to make it as
simple as possible we'll have videos
describing what all this information is
so if you get a bit confused you could
always watch one of the short videos
describing what each section is and how
that information can be used
so if you want to sign up for that i
will leave a link to that in the
description below okay so now let's jump
back to my personal investment portfolio
so the first holding is one of my
favorite holdings and this is disney now
we can see that the average price that i
bought disney is at 98.40 now this is
down a bit from a recent video i've done
on my portfolio because previously i had
bought shares at 99.86 but as the stock
has fallen off average down a little bit
okay the next holding is intel the
average cost there for me is 43.89
again this is one that i averaged down
previously my average cost was up at
45.74 now i just want to point out
before we jump on to the next holding
that i actually try to make a video
before i ever buy a stock so if i'm
going to buy a stock i'll make a video
about it and i'll say hey i'm going to
add this to my bullpen and hopefully it
gets there i'm going to you know i'm
going to jump in and try to buy this one
and then i wait at least a few days
before i jump in and buy the stock that
way uh everybody has a chance to do
their own research that being said i
will leave a link in the description
below to all of the videos that i've
done on each of these companies so if
you're curious to understand why i
bought them the hopefully those videos
will answer that question for you okay
next a company that i bought sexually
one of my best performers is lockheed
martin lockheed martin i actually bought
it because it was more of a defensive
holding i bought it at 336 and change
and that stock has done very very well
because it's up higher i have not
averaged down on that one that being
said the next stock that's not nearly
done as well is alibaba my average cost
is 122.06
i've averaged that down from the last
time i'd done this video was about 126
at that time i've added more shares i
bought them at about the 89 range to
average it down a bit
okay now my next holding is att now i
bought this one at an average cost of
1864.
now technically that's true although
it's not really true so i bought att
before they spun off their warner
brothers warner media division before
they spun that off so i actually had a
higher average cost
but when they spun it off your average
cost spun down some and then you end up
with shares of warner brothers that in
theory should make up that difference so
if you noticed in previous videos that i
had an average cost higher than that
this is why it's because this is post
spin-off but i have not averaged down on
this stock okay the next company that i
bought that i've also not averaged down
on is activision blizzard we can see
that my average cost was 63.40 and the
interesting part about this one is that
i bought shares and then shortly after
it was like a couple weeks later
microsoft announced that they're going
to buy activision at 95 per share the
stock jumped up to like the low 80s and
it sort of hung out in that range ever
since then now
i've hung on to these shares these would
be one of the first shares i would sell
if i needed capital for something but
i've hung onto these shares
predominantly because it's in the low
80s maybe high 70s right now but it's
supposed to go to 95 if we believe that
the deal is going to go through
plus it makes it makes me feel better to
know that warren buffett also bought
shares
he bought them a bit higher than i did
but he even bought more
after the deal was announced they call
that a risk arbitrage play where
basically the risk is that the deal
doesn't go through if the deal doesn't
go through the stock will sure surely
drop again but if it does go through
it'll close so the fact that buffett
seems confident enough that it will
close makes me feel a bit more confident
too so why not take the 15 20 upside we
have in the stock okay the next company
that i bought again another stock that's
been down a bit is
facebook also known as meta platforms
they recently changed their ticker too
from fb to m-e-t-a but that's a
different story
either way my average cost here is about
220 per share and my old cost was about
224 as the stock has fallen i have
averaged down a little bit
okay next stock that i own is google now
i actually bought g-o-o-g shares not
g-o-o-g-l although they both act so
similarly that it i don't think it
really matters which one we buy
but my average cost previously before i
averaged them down was about 2 600 just
below 2600 dollars per share and we can
see i get it down to below 2500 per
share one of the reasons i wanted to buy
those shares is because they're actually
going to do a 24-1 spin off soon uh a
stock split so that stock is going to
drop down to 120 130 whatever the math
would be
and uh so i'd like to own it before that
plus they're generating so much free
cash flow i think over the long run that
could be a really good company to own
that's actually one of the ones i'm most
excited about
okay the next stock that i own came out
of the atnt's deal that i mentioned
before and that is warner brothers
discovery and we could see that using
the same math that i used with att to
calculate my average entry price for at
t well my average entry price for warner
brothers discovery is about 24 and
change 24.23 now this is a very small
piece of my total portfolio
that's only because i haven't done the
research on this company independently
and it is something that is on my list
of research to get done
and then i'll decide do i keep these
shares or do i perhaps add more to it
but in the meantime the stock is down a
little bit it's not something that i've
been overly concerned with
okay the most recent holding that i've
had and i showed this earlier in the
video and we're talking about the
website is apple so apple i did a video
on apple a while back and apple's been
one that's sitting on my bucket list for
a long time this is one of those stocks
that i was afraid wouldn't get to my my
ideal entry price so at the time that i
put on my bucket list by the way i
update the bucket list we have a private
investing community
and uh i update the bucket list to with
that private investment community like
every two weeks or so
and at the time the av the fair value
for apple stock was 149 i had a margin
of safety i wanted to buy below 141
which is exactly what i did i ended up
getting it at 140 76
and the stock is down a bit more since
then so i may continue to average this
one down a bit okay now on to my last
semi holding then we'll talk about some
issues with the portfolio well the last
holding that i have is citigroup so
citigroup you might have noticed that
just recently i did a video video on
citigroup and i said that i was going to
start taking a position i've just
started taking a position now i like to
wait again i like to wait a few days
before i jump in and buy the stock i did
the video i believe last wednesday last
thursday waited a few days just middle
of this week is when i started jumping
in to buy shares again
so i just started picking up shares my
average cost so far although this may
change is about 46.02 so i might add a
little bit more shares to bulk up the
size of the position a little bit but
for now that's where it's at
okay now we're going to look at some of
the issues that some of the feedback
that i've gotten that people say are
issues with my portfolio the first issue
is that these stocks are mostly
technology stocks and while broadly i
agree that there are certainly a lot of
technology based companies in here
there's two reasons for that one
let's call speed of spade technology has
been on sale recently hence the reason
i've added apple and google and facebook
recently it's only because those stocks
have gotten killed that has inspired me
to jump in and buy it
but i would also point out that although
a lot of these companies are tied to
technology they're not all in the same
industry
in fact i put together this chart where
we have
how they classify their own industry and
we can see that yes many of them are
based in technology but it's not like i
have 11 different companies all doing
the exact same thing all producing
semiconductors if that were the case i
would just buy a semiconductor etf
i mean a whole bunch of different parts
of technology so
yes we can say that it is technology
heavy right now and i would agree with
that
but my point is technology has been on
sale if utilities were down big i'd have
a lot of utilities in my portfolio now
my plan is to hold a lot of these stocks
for a very long time so the fact that i
have a lot of technology stocks right
now the bigger thing for me is i have
what i deem to be good companies at good
prices that i'm willing to hold for a
very long period of time
in the next five or six years as i'm
still holding these and i'm adding other
industries as those industries go on
sale well the portfolio will gradually
get more well-rounded so although we can
say yes it is
technology heavy right now
one they're not all in the same type of
technology and two
give it time it'll slowly round itself
out okay the other piece of pushback
that i get is that
all my stocks are american stocks and i
need to start to i need to start
investing abroad now i would actually
like to find more stocks that are abroad
that's one of the reasons that we're
making the website that we're building
or making it work with a bunch of major
exchanges from around the world so it's
not just going to be u.s stocks it will
be a whole bunch of stocks from around
the world it's like seven or eight
thousand different of the world's
biggest stocks and some of the world's
biggest exchanges so if you have any
ideas for good companies again put those
foreign companies in the description
below
but on the flip side of that the world
is actually much flatter today
than it historically has been
so although people say hey you have only
u.s companies and yes all my stocks are
traded on u.s exchanges many of them are
headquartered in the united states
but a lot of their revenue comes from
abroad so i actually created these
charts these charts are the breakdown of
revenue for each company that i own and
this has been something that i've
researched because as i've analyzed
companies one of the risks that i try to
analyze when i'm researching a company
is currency risk so if a company has
business abroad as the currency rates
change that affects their overall profit
and revenue
so
i've when we look at this the gold or
the yellow whatever color that is
those colors
are the revenue that is generated in the
us so if we look at a stock like att
right here clearly a lot of the revenues
come from the us
lockheed martin again a lot from the us
disney decent amount from the u.s if you
look at a company like intel
intel
surprisingly for i think for many people
don't realize that less than a quarter
of all of intel's revenue comes from the
united states so yes
intel is a u.s company they're
headquartered in the u.s traded on the
u.s exchange but
more than three quarters of the revenue
comes from abroad so i would say that's
much more of a global company obviously
alibaba is a global company there's very
little revenue coming out of the u.s for
that and then when we look at the other
five holdings that i own well their
revenue we can see that outside of
activision blizzard not a single company
has more than half of their revenue from
the united states so if we were to do
the math with the percentage that i own
for each company well
all together the weighted average of all
the revenue generated for all the
companies i own less than half of those
are coming from the united states so 48
percent of all of the companies that i
own 48 of that revenue is coming from
the united states now i would also point
out that i'm assuming worst case
scenario there look at a company like
city they don't actually break out the
united states they put it by north
america north america is 48 of their
revenue surely canada and mexico
represent some part of their business so
some part of their revenue is coming
from those regions but i took the more
conservative number conservatively less
than half of the revenues generated in
the united states so although i would
like to find some foreign stocks again
any ideas you might have please put them
in the comments below i'd love to buy
some other companies that are you know
predominantly based particularly in
europe and australia i think those are
two interesting markets right now that
perhaps there's some good opportunities
over there so if you have any ideas
please put them in the comments below
but again i'm not overly concerned in
looking at my portfolio and saying yeah
you know what it's all u.s that's a real
problem again less than half their
revenue is being generated there i think
the bigger key
is that we pay good prices for the
stocks that we buy again that's the
reason we're putting up this website
because we're trying to make it quick
and easy to come up with a fair value
for the stocks we take the analyst
estimates for free cash flow so that's
not our those are not my estimates those
are estimates put out by a handful of
analysts we can see you have a decent
amount of analysts projecting each year
and if the company were to actually
generate that free cash flow using my
required return of seven and a half
percent well the fair value of the stock
should be up at 147 per share i like to
add a margin of safety after that that's
one of the reasons i you use a lower
cost of capital or you lower required
rate of return because then i had a
margin of safety so
if you might punch in you might say you
know what i need nine and a half percent
well this
website will help you come up with if
you need nine and a half percent here's
where you should be buying this stock
for me it's made me so much more
confident as the stock market has fallen
it's made me much more comfortable
knowing that i got good prices and as
long as i keep up with the research if
the stock falls lower i could try to
average down
if you're curious by the way my
portfolio is actually down about four
and a half to five percent
but considering how far the market is
down i'm perfectly happy with that i'm
okay with that performance so far over
the long run i expect this portfolio
which will keep evolving and i'll keep
you up to date on it
i expect it to keep evolving and keep
improving now if you'd like to sign up
to get access to this website i will
leave a link right here i'll leave a
link in the description below and thank
you so much for sticking with me all the
way to the end of the video i really do
appreciate it thank you and i'll see in
the next video