Quick Note: Here is a look at updated performance for BDCs over recent (and longer) time periods. As you can see, the group has been strong this year, with many outpacing the S&P 500 yet still trading below reported book value. A few key observations, starting with Ares Capital and then moving on to some of the more “growth-focused” BDCs:
Quick Note: Barron's Says Enphase Shares Can Jump 80%. We Agree.
Quick Note: Barron’s thinks this beaten-down solar stock could jump 80%. We agree. It made our top 10 growth stocks list for this month, and in the quarters and years ahead, we believe the shares will be trading dramatically higher. You can read our previous full report on the business here.
Nvidia: Despite Price Gains, Valuation Now Lower
Top Technology Sector Growth Stocks (Copy)
Quick Note: Disciplined Growth Portfolio Updated
Quick Note: Big-Yield CEF Data
Quick Note: The tables below include updated data for 75 big-yield Closed-End Funds (CEFs) from across many categories. As you can see, there are some very interesting discount/premium things happening, as well as a wide variety of year-to-date returns (based on category). We’ll have more to say about this data soon (with regards to our High Income NOW portfolio) but a few noteworthy items include…
Quick Note: Sea Limited, Down After Earnings
Quick Note: Palantir Earnings Update
Quick Note: The Power of Disciplined Long-Term Investing
Quick Note: The Power of Disciplined Long-Term Investing. In a world where instant gratification often takes precedence, the virtues of disciplined long-term investing stand as a beacon of financial wisdom. The practice of committing to a well-structured investment strategy, characterized by compound growth, prudent diversification, and infrequent trading, has the potential to reshape your financial future in profound ways. Let me explain…
Mercado Libre: Earnings Note
Quick Note: MercadoLibre (MELI): The leading Latin American online commerce platform announced earnings after the close on Wednesday, and the results were good. The company beat revenue and earnings estimates, and the shares were up around 4% in afterhours. Here is a quick update based on key points from the release.
Quick Note: July Performance (Disciplined Growth Portfolio)
Quick Note: About SoFi CEO Anthony Noto
Quick Note: Anthony Noto (SOFI CEO): In the ever-evolving landscape of the financial industry, a great leader can be the difference between stagnation and growth. Anthony Noto, the CEO of SoFi (Social Finance, Inc.), stands out as a paragon of effective leadership and innovation. With a remarkable educational background, extensive work experience, and a series of impressive successes, Noto has proven himself as a visionary leader who is shaping the future of the financial world.
Quick Note: The Disciplined Growth Portfolio (Tracking Sheet Update)
Enphase Earnings Note
Quick Note: Highly Rated Software Stocks
Google Earnings Note
Quick Note: Google released earnings after the close. Here are two quick observations: (1) Cloud is smaller than Amazon Web Services and Microsoft Azure, and a smaller part of Google's business, but still Growing Fast! (see table). (2) Google is Rapidly Accelerating spending on Artificial Intelligence (currently categorized in "Unallocated Corporate Costs") (see table 2).
Quick Note: Software Stocks (High Growth Plus a "Moat")
Quick Note: Sharing 100+ Big-Yield BDCs, CEFs
New Purchase: Disciplined Growth Portfolio Update
This is a quick note to let readers know we’ve added a new position to the Disciplined Growth Portfolio (it’s a business benefiting from two big secular trends: (1) The Great Cloud Migration and AI, and (2) Increasing Technology in the Automotive Industry). And we have also updated the Disciplined Growth Portfolio Tracker Sheet for July (there have been a few rebalances).
*New Trade: Sold Owl Rock (Now Blue Owl), Purchased This BDC Instead, 11.2% Yield
This is a quick note to let readers know we have placed a new trade in our Blue Harbinger High Income NOW and Income Equity portfolios. Specifically, we have sold 100% of our position in Owl Rock Capital (ORCC) (recently renamed Blue Owl, (OBDC)) and replaced it with this (see below) highly attractive 11.2% yield BDC instead. We’ll be updating our portfolio tracker sheets shortly, but wanted to share this information with readers right away.