No. of Recommendations: 2
[Mistakenly posted to the Falling Knives board, which would be an exaggeration]
I couldn't think of any that seemed that great l, off the top of my head.
Here are the public equity investments of significant size (over 0.2% of the current portfolio) initiated in the 3.5 years since January 2022. Most of them have been gradually built up to their current size over several quarters.
2025:
United Health Group UNH 0.6%
Nucor Corp NUE 0.3%
Lennar Corp LEN 0.3%
2024:
Domino's Pizza DPZ 0.5%
Constellation Brands STZ 0.8%
Pool Corp POOL 0.4%
2023:
Chubb Limited CBB 3.0%
Liberty Media Corp A and C shares LLYVA and LLYVK 0.5%
Lennar Corp LEN 0.3%
Capital One Financial COF 0.6%
2022:
Ally Financial ALLY 0.4%
For the rest, they were either very small (smaller than 0.2%), or bought and already sold, like Floor and Decor, Activision Blizzard, or Taiwan Semiconductor. And there was some buying of Apple (and, more recently, a ton of selling), along with small fairly regular increases to Chevron and Occidental. Nothing has done particulary well, as far as I can see, although of course it is early days.
That's a pretty long dry spell, with only Chubb amounting to more than 1% of the portfolio (3%), Constellation Brands and United Health Group a little less than 1% in second and third place, and all the others about 0.5% or less.
I can't say any of these sound very exciting to me. If I had to choose my favourite, it would be United Health, a hold your nose contrarian bet at a very low price. Most of the rest are probably Combs and Wechsler, so it seems that Buffett is just waiting.
Did I miss any? What are others' favourites among this group, and why?
Regards, DTB
