Portfolio Manager at HollisWealth
Member since: Jul '16 · 725 Opinions
Trimming positions with recent strength in the market. Numerous positions are rising above portfolio and evaluation thresholds. Investors should be weary of bull market as it makes it difficult to generate forward returns (worried about buying at too high levels). Overall - long term investors shouldn't worry about state of market - and should focus on investing in high quality business' at attractive prices.
Benefiting of premium mixing trend. Leader in niche market. Expanding into new flavors. #1 market share in every country except Germany. Rising costs during Pandemic are coming back down. Valuation is high, but believes long term prospects are great.
Portfolio of online business'. Emerging jobs classifieds business. Asset light business. Founder still involved. 40% return on equity. 6.5% weight in portfolio. Will be a long term hold.
Swedish online gaming business. World's largest casino. Asset light business with high return on equity. Huge number of customers. Extremely profitable business model. Founder led and owned. Zero debt levels, and also pays a dividend. Will be a long term hold. Would recommend buying at current price.
Cleaning balm popular amongst Japanese women. Subscription model that was popular. 1% weight in portfolio that has since sold.
Has owned business since 2020. "Super App" business used by 75% of Kazakhstan population. Expedia/Doordash/Payments all combined. Very customer focused. Risky country to operate in, so small portion of portfolio.
Does not own shares anymore. Fabricated/options trading products. Israel company. High cash flow and profitable business. Founders not involved in business. Return on capital in new business lines not strong. Pay a nice dividend with strong capital allocation.
Overall is an excellent business. Good long term position. Difficult to determine outlook of business in short term. Recession could weigh on company (advertising correlated to strength of market). Generally speaking, business is very strong. Would recommend buying if and when share price falls.
Retail is a difficult business to operate in. Capital intensive business with lots of inventory. If recession occurs, will be hard on business. Better options for investors out there.
Retail very hard business. High amount of working capital tied up in inventory. Difficult to build competitive moat with lots of competition. Would not recommend buying. If stock price falls to 12x earnings - would be a good investment. Current valuation too high given return on capital for business.
Excellent business. Asset light with high return on capital. Valuation is high, so would wait to buy in weakness. Good for long term investors. Strong moat in the business. Good leadership. Business model (subscription based) is excellent.
Has owned shares since 2014. Once of the best companies across the globe. Excellent capital allocation skills. Problem is that valuation is very high. Excellent business model (software acquisition) with high returns on capital. #1 position in company and is favorite business.
Price very volatile. Business that is hard to evaluate. Too early in business life to determine long term outlook. Return on capital is volatile. Founder led, but would pass at this time. Needs predictability at this time.
Very good business model. Would not wait for a buyout from Constellation Software - business strong on its own. High returns on capital. Excellent management team. Good business overall for the long term investor.
Has since sold shares and bought Constellation Software. Strong business in software acquisition sector. Focus is on small software companies with zero competition. Expects strong performance going forward. Good long term investment.