Portfolio update
Earlier this week I add Kelly Partners Group to the Compounding & Fire portfolio. It is my second biggest position in my portfolio.
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In my article about Serial Acquirers I shared that I had add Kelly Partners Group. Here you can read the article, if you haven’t read it yet: Wanted: Serial Acquirer
That means I now have 9 companies in my long-term portfolio:
As I really have a high conviction on Kelly Partners Group and that they will be able to continue their growth for the long-term, I have made it the second position. This automatically means the share of the other companies in the portfolio has changed:
As well as the portfolio characteristics:
Source: Finchat
It is nice to see the Beta dropped a bit further from 0.87 towards 0.84, which makes my portfolio less volatile. On the other hand the forward P/E increased, as Kelly Partners Group has a higher forward P/E versus the average of my other positions.
Next month I will share a deep dive on Kelly Partners Group to explain why I am very positive about this company in the long run.
I hope you have enjoyed this update of my portfolio. Feel free to like the post and share it with friends!
Disclaimer
The information in this article is provided for informational and educational purposes only.
The information is not intended to be and does not constitute financial advice or any other advice, is general in nature, and is not specific to you. Before using this article’s information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence.
None of the information in this article is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, company, or fund. The author is not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.