#88 - Portfolio Update, April 2023

TL;DR

Another month of nothingness. Boring as fuck. But I sold out of $ASRT.

Performance update

Less cash, no speculative, more quality and more cheap. I’m OK with that.

Holdings

Highlights

There really wasn’t any standout this month.

Changes

• New:
  • $RX.V: cool little company selling…wait for it…iron vitamins.
  • $GTX: just too cheap to ignore. Main competitor is BorgWarner, much more expensive.
  • $COST.L: uber cheap; wish I could have made it a bigger position (credit to @Barna Boy for putting it on my radar).
• Added:
  • $CPH.TO: I still think it’s too cheap despite the declining revenues
  • $DRM.TO: still too cheap
  • $KSPI: cheap AND quality!
  • Japan: a whole bunch of cheap stocks in a basket
• Trimmed:
  • None
• Exited:
  • $EMO.V, $MKO.V: no more miners for me, ever.
  • $ASRT: didn’t like their latest acquisition. Too big, too expensive. Might still work out well, just not what I signed up for.