I Just DUMPED These 4 Tech Stocks From My Portfolio

[@Dantursi1]

I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

[@Rachadrian]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@michaelschiemer3]

It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.

[@Quasoncaviness2]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@michaelschiemer3]

Amber Dawn Brummit is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment...

[@Quasoncaviness2]

Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.

[@rajabhisaragarwal2288]

Google is a shocker

[@howardpratt7962]

Yeah I’m never selling google

[@trevorm9551]

I love google cause of KZbin - KZbin is the slow 15 year burn

[@morten170]

Selling Google is crazy

[@paratirisis]

Thanks Brian. I'd hold on to Alphabet. First: they do so much more than AI (search, ads, youtube, android, workspace, gcloud...). Second: while competing generative AIs are better, they are much more expensive in terms of power consumption - Google is looking at a way to run AI at scale, for a profit, not win a beauty contest or a speed race. The synergies from offering AI on search, Android, ads, KZbin multiplied by all of that running on their own cloud, on their own AI chips are massive and unique to Google.

[@BradfordSmith3D]

I agree. Though 10 years of Google returns would fund some pretty nice looking investments ATM. I might leave a little bit of google in the portfolio though

[@jeromekariyawasam3828]

Would love an update on what you're doing with SHOP!

[@dontplayformenero]

There's no need to slim down the portfolio arbitrarily. It's a pointless rule you're imposing on yourself. I understand it though and the reasoning seems very sound on your choices. But I wouldn't be killing Google. One should not cut one of the most dominant companies on the planet in order to concentrate the portfolio... I practiced deep concentration for several years (only a few stocks) and it was the biggest mistake I ever made, ended up far underperforming the market and I consider it wasted years. I'll never do it again... I'd be buying Google personally. But thanks for the video Brian, love the transparency of the channel

[@u105524]

Thanks Brian for the transparency ! Appreciate you sharing .

[@JWSpaceX]

Never sell google. They have been in AI for decade

[@golino4593]

Hi Brian. No one can say you hadn’t a wonderful return on Google. Besides, I think it’s fine to sell it if you are not feeling comfortable holding it anymore.

[@jesperjeppesen1013]

Also wanted to ask, is the reason why you are cutting your stocks down to 15 - 12 companies to gain a more concentrated portfolio like Buffett, Fisher and Munger would argue for?

[@mysticv7177]

Wow Google > Cloudflare

[@rtorcato]

Cloudflare is taking customers from AWS

[@weho_brian]

not always about the company, sometimes its about where they are in their growth/business cycle. Cloud - 25.66B Google 2.18T

[@Watdamarin]

Google is definitely a shocker when you have something like NET that can be easily cut out if you have CRWD

[@stoffelbrian]

Still mulling $NET. It's now a small position

[@limaaas]

CRWD and NET have fundamentally different markets and can hardly be called direct competitors if that's what you're saying

[@Watdamarin]

@@limaaas​​⁠ speaking more so in sector (cybersecurity) and quality vs CRWD plus in terms of anti fragile NET is weak compared to GOOGL

[@stoffelbrian]

@@limaaas No, not comparing the two (if that's directed at me)

[@Watdamarin]

@@limaaas comparing in terms of sector (cybersecurity) and quality vs CRWD plus in terms of anti fragile Google is stronger than Cloudflare

[@Cutzamala]

google really??

[@alessandroagnoletti5958]

Hi Brian, what returns do you think Abnb can produce next 5-10 years? 10-15-20%? I think in the middle but I'd like to know your opinion. Thanks

[@rtorcato]

didn't you also dump Unity?

[@theresamorgavi9196]

he did

[@jankay8569]

He did it while back

[@cianle-ginger802]

When you report % gain, is that the gain from your first purchase, or from the overall cost basis of the full position?

[@stoffelbrian]

The one I included was from first purchase.

[@cianle-ginger802]

@@stoffelbrian is that not a fairly redundant data point if you may have been averaging up over the course of 5-10 years?

[@stoffelbrian]

@@cianle-ginger802 Has more to do with how I kept track. When I switched over to SavvyTrader, I tracked TOTAL PORTFOLIO returns from 2014 to 2023, but stopped tracking individual returns. Savvy Trader does that now -- but only since I started this year.

[@77magicbus]

Selling your winners is like "watering the weeds and trimming the flowers."

[@prat-man]

Deciding if/when to sell is one if the most difficult decisions in investing.

[@platoscavealum902]

🎯

[@samuelmandel4537]

Why do you feel the need to trim your portfolio? Doesn’t TMF recommend 20-25 stocks? Isn’t diversification the only free lunch in investing?

[@jackhuray1902]

No, concentrate.

[@valerio727]

Terry Smith bought a lot of Paycom

[@niklaslehner996]

I really appreciate the transparency. However this portfolio looks more like a high beta tech fund with a maximum drawdown far greater than the market, which would be the opposite of anti-fragile. When I hear anti-fragilre I am thinking about diversification across different asset classes, similar to what university endowments are doing.

[@6toolbaseball]

Yeah like managed futures

[@hugosalvador3207]

Good to know about PAYC😒because maybe i have to much expectations on it

[@frameworkinvestment]

I think Google is doing better than OpenAI. The future is bright for Google

[@bigmoose143]

Excellent analysis Brian! I work in Tech and I find your analysis is well done.

[@weihu1251]

What did you / are you going to buy with the proceedings from selling Google?

[@michaelmiddleton3311]

Held TEAM for 5+ years and slowly selling out this year. Bought PAYC for a trade, but stuck until the Fed starts to cut and these small caps rise...then I'm out. I don't trust Google in this new Paradigm

[@geolykos]

I agree that Google won’t be able to match the capabilities of OpenAI.

[@RoTelnCheese]

I would be doing the opposite of you. Selling my more volatile stocks for the best quality. Protects against downside risk

[@thiagomassa9807]

Agree on your analysis with Google, it's "cash cow" is getting disrupted, but it has really amazing other businesses. Google at the end might be an even bigger disruptor in the end, but it needs to put out new products and that is risky. One thing Alphabet could consider is to actually spin-off their businesses to raise capital, and still have a stake at them. This would mean investors could buy KZbin for example and I bet those businesses would be more profitable by working more independently.

[@dontplayformenero]

It's not getting the disrupted though... We can see potential disrupters now but they're not actually doing it. We need to play the ball where it lies, there is no indication that Google is losing any sort of share to anyone, not even ChatGPT. Results keep getting better and better, they have lost 0% share to Bing in the 19 months that Chat GPT has come on the scene... Not lost solitary iota of market share.

[@Blasterman86]

My general approach is quite similar and in a way I understand the attempt at being a contrarian by selling Alphabet. But, as someone who works in the Cloud Business (in one Alphabet's main competitors), I am seeing lots of interesting movements from the Gemini Team. It will come down to this: if it turns out that the AI movement is experiencing a bubble, then Brian will be proven right. Otherwise, selling Alphabet may not be be the best option (unless it's to reinforce position in a faster growing stock).

[@carlosprieto1058]

Hello, speaking from alot of people, i think making videos on stocks that the Brians have bought in or sold out from would be easier to be reached by your audience.

[@ulam_spiral]

How are you 1000% up on first buy and then it says you made 20.31% gain?

[@EarthwithTom]

20.3% annually

[@stoffelbrian]

That’sa screen shot from Savvy Trader. I only inputted holding at beginning off year

[@jesperjeppesen1013]

I have so much respect for your investment analysis. You are way smarter than I am in this area, but I honestly fell off my chair when I saw you have sold your Atlassian position. 😱 Also, taking into account they just had an amazing quarter, strong revenue, great cash flow... My conviction is still strong, but after this video, I can't help but ask... What am I missing or not seeing?

[@stoffelbrian]

Remember, I'm trimming to 12-15 stocks. It's a desire I have. Sans that, it would likely have been different

[@andrewg5416]

Don't think I can respect anything you say after selling google

[@darrellq6954]

Keep Google for your grandkids....you won't regret it

[@platoscavealum902]

Thank you

[@Wrex327]

I am honestly shocked with Alphabet. I think they still have a lot of growth ahead: AI, KZbin, android, google pixels, cloud, Waymo just to name a few.

[@sweetiemcgee]

you sold at 168 and a week later its gained another 10 and pushing up against their all time highs.

[@Solairethedarksoul]

You never sell a stock above the old cycle high,

[@zenastronomy]

​@@Solairethedarksoulthinking explanation please?

[@Solairethedarksoul]

@@zenastronomy support becomes resistance. Fib it out to a 1.618 price target. $194 target on my chart. I don’t want it below $150

[@tyrnosrsflexxbox1999]

Buy google for cloud computing

[@ImWilanish]

The fact that I spend 2 hrs on KZbin including your videos is the only reason I will hold Google

[@teamvigod]

I think you are making a mistake with 3 of the 4 of those. I'll leave it to you to figure out which 4.

[@kalpana4388]

I would not sell Google. Rest I am okay.

[@davidp252]

I sold Alphabet for the same reason

[@blakesheppard4093]

There is no competition for atlassian tbh .. ask a developer

[@prat-man]

Where did you hear this nonsense from tbh?

[@limitlessmaster659]

​@@prat-manhe's not wrong

[@prat-man]

To say Atlassian has no competition is simply ignorant

[@prat-man]

I had a comment that outlined all the competitors but it seems KZbin or something else is deleting my comment

[@money.hungry]

BIG GAINS 🍔

[@sincereahmed8816]

google lol . sell ur house and buy more of it asap

[@rezav2062]

You sold google!!!!

[@sanjoyroy-dc4ne]

He sold google and I am watching his video lol. This guy have no idea

[@hotfeva9843]

😂sold Google?

[@sirus312]

Not dumping Amazon? This thing can't take off!

[@swphilosophy3040]

Selling Google makes sense. Guy has never even googled "antifragile" to find out what that word means...

[@vickvaswan971]

If I made 1000% on Google after 14 years, I'd probably sell now too! 😂

[@JY88168]

Google = long term hold...disagree with you on this one sorry