The harsh global folio!

As of today, I have increased my position size in Disney from 2% to 5%.

I first bought Disney shares in March 2020 at around $90. With the rapid rise in Nasdaq companies in 2021, share price of a company as large as Disney more than doubled and I was able to sell some shares at around $202 and reduced position size to 2%.

Since then, prices have gone down by more than 50% and are now below pre-covid levels. This is while company’s core business has revived and company has been successful in pivoting their business model towards OTT, gaining market share from the likes of Netflix. Lets see how future pans out. Cash is reduced to 25%.