I was checking my posts on portfolio strategy plans I had for myself and checking how it panned out amid ongoing bull and in between a big consolidation phase.
In case of Consumer discretionary, Whirlpool & Voltas have been weeded out. Hitachi AC somehow remains. What is interesting is that United Spirits & United breweries (which I added at that time as I missed the bottom fishing of my existing FMCG stocks in 2020 bottom by giving in to the noise of experts) forms bulk of this basket currently somewhere around 8.5% of portfolio.
Over the years I realized that Consumer durables is not really for me.
I would still hold Hitachi AC (probably eventually a Bosch company) as a part of my technology basket rather than a consumer durable company because of their focus on technology & research.
Technology had rewarded me quickly then, followed by a long correction & consolidation phase currently. It currently forms 10% of my portfolio in spite of selling around 1/3rd OFSS just before its 4x rise.
This is one part I would still like to be around 15% mark, so, although progress but Work in progress. Mistake to prune a conviction buy, although needed funds.
Well, this has been the real winner so far, thanks to Trent and this basket of Trent, Dmart & Spencer Retail forming 20% of current portfolio. This is a job well done, but again not because of my skills. Had I been aggressive in scaling this up, the rise of my highest conviction pick, Trent, would have have resulted in a much higher portfolio percentage of Retail.
Disc: Invested in above names hence biased. Not a buy/sell recommendation. Post only for learning & analysis purposes. I can be wrong in all my assessments & not eligible for any advice.
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