10X FREE CAPITAL POT - PORTFOLIO REVIEW AUGUST 2021

Time for a portfolio review.

I started 2 different portfolios, which I call “pots” as I don’t want to touch them for years. I want to keep my picks for as long as possible and slowly add to each pot when I develop a strong conviction in a company.

I started both ‘pots’ on May 14 of 2021. Where are we after about 3 months? Simply put:

• 10X Free CAPITAL POT +10.2% (+3.7% vs S&P500)

• 10X Small Bets CAPITAL POT -14.8% (-21.3% vs S&P500)

As I am investing for the very long term, these returns do not mean very much.

Let’s have a look at my FREE 10X POT, from highest to lowest conviction.

In essence, I like to see companies with growing Return on Assets (ROA), which means improving profitability.

I want to see companies expanding, which I can see from growing their assets base (Asset Growth or AG) year over year.

Then I want to see growing sales and I look at trailing twelve months total sales (TTM) and compare it with the same number on the previous quarters.

These are the most important numbers I l…