Key insights
- A retail investor highlights a successful investment strategy following Bill Ackman's advice to buy quality blue chips, specifically the 'Magnificent Seven' and AVGO. The investor reports positive returns on recent purchases and details a shift away from energy, drone, and nuclear stocks, suggesting a possible rotation towards growth and technology. This anecdotal evidence indicates a short-term bullish sentiment towards large-cap tech.
It was probably one of the best period to buy quality blue chips.
I followed his advice and bought mag 7 plus avgo.
And all purchases including crappy msft, have gone above water in a week. This was really a rare scenario. usually my new buys would experience a 3 month underwater discount period, since i can’t time the market.
I did a lot of selling at the beginning of this year.
sold all nuclear, all drone stocks in january ,and sold all oil stocks step by step.
sharing mine as a tart to spur discussion.
I sold rklb, rubrik (a bet) , ORI, AXON, cop, dvn, ieo, hal, snow (a trade), J, Mli, synopsis, and some vgt. all recent sales.
What are the tickers you recently sold off?