Disclaimer: Nothing here should be misconstrued as investing advice. I am NOT licensed to give any advice. These writings are intended as entertainment to put into context how a media entrepreneur and investor thinks, given my unique time horizon and risk profile. Educate yourself, read up on mistakes others have made and speak to a licensed professional who can help you based on your investment profile and time horizon.

From media executive, to media entrepreneur, to media investor.

Warren Buffett taught me that investors should:

a) invest in companies they understand.
b) back management that is not just competent but shows candor.
c) avoid the institutional imperative (i.e. herd mentality).
d) ultimately have a long term outlook: buy the stock, forget about it.

Would’ve, could’ve, should’ve.

Recently, I posted my Anti Stock Portfolio and focused on five foundational companies I love but couldn’t afford to invest in: Google, Apple, Amazon, Facebook, Tesla.

Here is my current portfolio (in no way is this my ideal, long-term targeted portfolio, which I will be assembling as I learn the in’s and out’s of long-term investing).

Notes:

A) I still haven’t bought all of the stocks in the Anti Stock Portfolio but did go ahead and finally buy Amazon and Facebook (and will likely add Google, Apple, etc).

B) I don’t check my passive investments, but for sake of this exercise, in terms of related stocks and the usual suspects you would expect me to have, I had Apple, Google, Amazon and Disney through my financial managers indirectly.

C) When the pandemic hit, I told everyone to “buy Zoom,” though I personally did not. It was clear that Zoom (and Peloton, et al.) would get pushed by momentum traders to crazy heights, but:

1) I was focused on ensuring the physical, mental and financial well-being of my family, team and the business;

2) I was sizing up the mid/long term impact of the pandemic on the economy while keeping my team focused on the positives, and

3) I’m not really driven by money; I had decided to focus on companies that I would really understand (to the point of being able to run them!) and really long-term bets I could “buy and forget.” Remember: markets ultimately transfer wealth from the impatient to the patient.

I’ll follow-up with some posts on why I like these companies in the days to come.

Disclaimer: Nothing here should be misconstrued as investing advice. I am NOT licensed to give any advice. These writings are intended as entertainment to put into context how a media entrepreneur and investor thinks, given my unique time horizon and risk profile. Educate yourself, read up on mistakes others have made and speak to a licensed professional who can help you based on your investment profile and time horizon.