Exposing My Stock Portfolio (GREED)

[@therayli]

When I told you that you will lose alot of money, you told me you don’t care and it’s nothing to you

[@OzbourneForeman]

Don't warp the narrative. I have accepted that I could lose it all. If it takes multiple losses to invest successfully, then that's part of my learning journey. Everyone is different.

[@therayli]

And by invest you meant gamble. Ok. How much more learning will it take for you to be satisfied

[@robwalsh3082]

How about put 90% of your money into an All World tracking ETF and 10% into experimental portfolios of individual shares. You would therefore have the best of both worlds

[@ianbarrett4166]

Think for Most people best way

[@danthorley6592]

Agreed. I have been investing for 18 years and built up a wealth of experience over that time. I started in a similar way to Oz back around 2006. Because I understand far more now is the reason my portfolio is 100% in a small hand full Index funds & ETF's. We need to get out of this silly mindset that Index funds & ETF's are for beginners or people that do not know how to invest. It is simply a top down approach versus a bottom up approach. I prefer the former. @@ianbarrett4166

[@OzbourneForeman]

Rob, I agree and understand that using a core and satellite seems like the most sensible approach on paper. But at that point, you might as well be 100% invested in ETFs. I am accountable for my actions. A small pot of investments will not teach me the severity of my mistakes and I would be wasting my time. There's no shame in investing entirely in index funds at 30 years old. Everyone is different.

[@andypicken7848]

Hello Ozbourne and thanks for the post. The S&P 500 is now represented by a shiller ratio of 33.5. The figure is 99% higher than any other measure since records began. Im very hesitant to invest any more into equities at this leval not because I think there will be a pull back (I have no idea if there will or will not be) but because at this leval you are effectively locking into low long term returns. To state the obvious (though it is often overlooked) it is very much more easier to find value when the ratio is lower than when it is at an near all time high. This applies equally to an investor who selects their own companies in which to allocate capital and for index investors alike. The good news is that currently we are in a "goldilocks" period where an investor can get a desent return on cash in a UK saving account at no risk while at the same time benefitting from the tail winds being experienced by the equity markets. In short there will be a time when it will be advantageous to take on more risk but with prices as high as they are at present the risk to reward does not seem worth it. All the best Andy

[@OzbourneForeman]

Hi Andy, A stock with a consistently growing FCF will eventually beat out mean reversion, even if the broader market looks expensive at the moment. So, it seems that quality is in favour and value is out at the moment. That said, it really depends on our outlook for the future and how long we plan to be invested. I'm lucky, I can afford to weather this storm as I plan to invest for many more decades to come. But, I understand that a decent return on cash may be more favourable to some investors at the moment. Thanks for checking in, Oz

[@atanaskatsarov6941]

Imagine studying the business model of Ashtead grp. few months after you bought in. At this point I short everything you buy

[@OzbourneForeman]

You raise a fair enough point and I can see why you think that. It's okay to re-reflect on the thesis for an initial investment. All I did was compare the business model to the others in my portfolio which sparked the change.

[@MatthewMills.]

New haircut’s looking fresh 👍. I’d be bringing that global index age down to 25 if I were you. Those five extra years could make a huge difference when you’re 60.

[@OzbourneForeman]

Cheers Matthew! The difference is huge, but I'll still be very comfortable by 60.

[@kw8757]

You need to get rid of your crystal ball and rose tinted glasses, nothings guaranteed.

[@CalCap]

Hi Oz, me again. I’ve read a lot of the comments here that are critical (rightfully so in some cases, not in others). I would be happy to have a one to one call with you via discord to tell you where I see you going wrong, hopefully this will make up for my previous mockery in your comments sections

[@OzbourneForeman]

Fair play to you. I can see that you're an advocator of honest investing and I'm all for it. It's not often that you get a commenter willing to talk 1-to-1 about it. In fact, why don't we record this conversation? It would be a very transparent and organic discussion, possibly with great value to our audiences. Send me an email to the address below and we can exchange discord details. [e-mail]

[@JKF24203]

Absolutely the wrong way to think about the time you have. Such naivety. Also, you realise everything you’re saying is already priced into the market, right? You don’t know anything that the market doesn’t.

[@OzbourneForeman]

Rather than stating that I'm wrong and naive. Why not try to explain how the 'correct' way to think is? I'm open to criticism and people disagreeing with my views, but keep it constructive. Cheers. An expectation is priced into the market. But how can you price in 10, 15 or 30 years of FCF growth? You can't. Investors are forward looking, but they still look at the near term. The opportunity comes from having a long investment horizon.

[@JKF24203]

@@OzbourneForeman it would be wasted breath given you do not listen to anyone else it seems and I would need much longer than a KZbin comment to explain all the ways you’re “investing” is naive. I strongly suggest you research the dunning Kruger effect. You are potentially the best example of this I’ve ever seen. It is difficult to give positive criticism when you don’t take it, and give an impression that you are some form of financial stock picking guru that knows more than everyone. The bull market from Covid until Jan 22 was the single worst thing to happen to financial KZbin content because it made people believe they knew what they’re talking about.

[@OzbourneForeman]

​@@JKF24203 It's a shame that you think that. I'm aware of the Dunning-Kruger effect and how an individual is more likely to overestimate their own level of knowledge with less experience. In fact, I agree with you. I certainly fell into that Dunning-Kruger category 1-2 years back. I'm still a beginner, but to suggest that I'm naive in many aspects without even specifying how I'm wrong isn't fair. Unfortunately investors lost money after the Jan 22 bull run and it's left a sour taste in the mouths of many stock market viewers. After all, it's difficult to take positive criticism when it is not given.

[@JKF24203]

@@OzbourneForeman I have seen literally hundreds of positive criticism comments on your videos. None of which you listen to - so why bother! You have said yourself you only do what you do for KZbin views, so again, what’s the point! Take care

[@benharris8335]

@@JKF24203 Bold words 👀 Share your current portfolio (with investment rationale) and past 10 years of performance x

[@interesting2491]

Longtime since I’ve checked in sir, Shame BOO didn’t prevail…. ☕️

[@evilzzzability]

Life is so much easier when you aren't all in on BOO

[@OzbourneForeman]

It's much more sensible for sure. A long road yet..

[@evilzzzability]

As a stock picker I don't actually care about the index averages, although I am aware of them. There is nothing at all sexy in buying a healthcare REIT that's paying a well covered 7% dividend, but if that payout also increases 3% a year on average you could realistically except a 10% annualised return. Add in a modest rerating when rates start falling and you could see 12-13% over the next few years. Not guaranteed, of course, but if it hits those sort of numbers I'd be very happy. These sort of companies that are littered throughout the FTSE350 are good, steady, reliable businesses - they won't make you rich overnight but are much more likely to do so if you use them to play the long game.

[@cianog]

For a period of 10 yrs my stock portfolio consisted of one stock.

[@OzbourneForeman]

Which stock was it? And how did it go for you?

[@cianog]

@@OzbourneForeman Apple from 2001 to 2011. The stock dropped after the attacks on the 11th September and I remember invested 2k which was all my savings at the time. Still living at home so I didn’t care. Apple was perceived very differently then so it was a massive risk but Jobs was a genius and had only returned a few yrs earlier. Best investment ever as it was valued at around 6b at the time.

[@franbone]

Try private equity investing.

[@OzbourneForeman]

I've always figured that I'd need deeper pockets for private equity. Are you invested in private equity?

[@franbone]

​@@OzbourneForeman I was checking out Yieldstreet, I am not affiliated with them in any way. They'll let you in for 10k. I am planning to go into private equity with Btc profits.

[@franbone]

I thought I replied to this, but I'm looking at Yieldstreet right now. 10k minimum. I'm in the US, I don't think they'd have UK restrictions? Check it out. @@OzbourneForeman

[@OzbourneForeman]

Thanks for sharing, it's not one for me at the moment, but I'm keen to hear how it fares for you in time!

[@Melonbarr0ge]

look at MSTR stock

[@FreaksSpeaks]

LSEG? Oh dear! 😂

[@OzbourneForeman]

There's more to LSEG than what meets the eye. The FCF stands out and only a fraction of it's revenue comes from the actual exchange.

[@Rowan126]

This is a good pick. The demise of LSE is over exaggerated however there are downwards risk on the stock outside of sentiment.