Portfolio Update 1.31.23

Quick recap of the past month plus commentary on the portfolio and future investments

What a start to the year!

Each month I outline what the portfolio looks like, activity that took place, and some general commentary around the market or select positions. A few starting points with plenty of new paid subscribers joining recently:

• Take a look at the 2022 yearend review as a starting point

• Review the VDL Buckets post

• Review investment philosophy and process outline

Here is the current makeup of the portfolio by bucket and a quick list of attributes sought in each bucket:

There are 39 positions in the portfolio with the majority of the weighting going to Core investments. Generals are mostly special situations and plain vanilla cheap stocks (with or without a catalyst). Options include asset plays, levered turnarounds, shells, and some actual options for a change.

Subscribe for access to the rest of this post and all idea generation. It’s a mostly small and micro cap portfolio and a mix of investment horizons from catalyst-driven ideas to multi-year holdings. Here’s a special offer through February since it’s valentines day: