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Mid month update. What I’ve done and why.

Well it’s the 18th of the month and I’m almost up 18% year-to-date (16.7%, actually). This does NOT mean that after 365 days I’ll be up close to 365%, I promise! 😀

I read all the positive opinions on Mongo which seemed very convincing, and all the negative opinions on Mongo, which also seemed very convincing, and decided, since I have zero technical knowledge to help me decide which is right, or if the truth is somewhere inbetween, that Mongo was just too much of a battleground stock for me, and I sold most of my position. There are much less controversial and complicated stocks for me to be in, and where I can sleep better at night. I may have been completely wrong but that’s what I did.

I also sold out of one of my three little biotechs, VCEL, feeling that it was the one which seemed to me to be in the smallest niche.

With the cash, I added the most to Nutanix (where I’ve gotten a lot more confidence back), also smaller amounts to Okta, Elastic, and less to Square (adding a tiny bit but still worried about the flakey CEO), and added tiny bits to the other two little biotechs, Guardant and Abiomed. I also took truly tiny positions in three little tech try-outs (Zuora, Anaplan, and DocuSign).


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