- Owning so many "good" stocks, in the name of "diversification", has inevitably dragged down my portfolio returns towards (and under) broader market indices.
- Maybe, just maybe, in a stock market of ~5300 publicly traded companies, only a handful are actually difference makers?
So the thoroughly mediocre F5 Networks (FFIV), at the bottom of my portfolio with an annualized return of 1.82% over five-plus years and no dividend, was sold; the proceeds were used towards the purchase of more Amazon (AMZN) and Telsa Motors (TSLA). If 2016 and beyond goes according to plan, only the best stocks I know of will be purchased...over and over again.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.48%
Tesla Motors (TSLA) 9.33%
3D Systems (DDD) 8.29%
Alphabet (GOOGL) 7.58%
Amazon (AMZN) 6.28%
Baidu (BIDU) 5.04%
Under Armour (UA) 4.78%
Stratasys (SSYS) 4.50%
Nike (NKE) 3.90%
Chubb Limited (CB) 2.90%
Starbucks (SBUX) 2.78%
Twitter (TWTR) 2.71%
Intuitive Surgical (ISRG) 2.61%
Blackstone (BX) 2.59%
Southern Copper (SCCO) 2.15%
Microsoft (MSFT) 1.75%
American Software (AMSWA) 1.50%
Wells Fargo (WFC) 1.50%
BlackRock (BLK) 1.49%
Costco Wholesale (COST) 1.48%
Salesforce.com (CRM) 1.44%
McDonald's (MCD) 1.28%
Veolia Environnement (VEOEY) 1.26%
Intel (INTC) 1.25%
Boeing (BA) 1.16%
Facebook (FB) 1.13%
American Water Works (AWK) 1.02%
Adobe Systems (ADBE) 1.01%
Autodesk (ADSK) 0.93%
Aqua America (WTR) 0.93%
Ansys (ANSS) 0.83%
Lululemon Athletica (LULU) 0.79%
Coca-Cola (KO) 0.75%
Waste Management (WM) 0.75%
Canadian National Railway (CNI) 0.72%
