Key insights
- The author's value and blue-chip stock picks (BRK, MSFT, ADBE, V, ADS, SNY) have underperformed the S&P 500 and Nasdaq 100 in the past month. This suggests a potential rotation away from these traditionally defensive sectors, possibly due to rising interest rates or shifting investor preferences towards growth stocks. This could signal continued near-term headwinds for similar value-oriented portfolios.
I bought last months cheaper stocks because the whole market was already very expensive, and I expected that in case of a drop, my stocks would hold better.
So I have BRK, from last year, -3% in the last 30 days. Last month I bought Microsoft, Adobe and Visa. Microsoft is -5%, and is doing much worse than Google or Nvidia. Adobe and Visa are all -10%. Visa was not that cheap compared to the rest of the market, but was the cheapest compared to its history for last years. Also I bought Adidas 2 weeks ago, and here I'm also 10% down. I have Sanofi from december, also 10% down. S&p 500 is less than 3% down for last month, while Nasdaq 100 is at 0%.
So I didn't expected these stocks to beat the market in a bull run, maybe Microsoft or Adobe, but I also didn't expected them to be so weak at the slightest headwinds.
Or I'm very bad at picking stocks, and I better go with ETFs?