Portfolio at the end of December and the end of 2023.
No new positions.
2023 performance: 31.1%
5yr FCF per share CAGR = 20%
FCF ROC = 32%
FCF Margin = 34%
FCF Yield = 3.34%
Share price linearity (5yr) = 0.87
There were no outright sales or purchases. The top contributors to performance were $Alphabet(GOOG)$ $Alphabet(GOOGL)$ and $ASML Holding NV(ASML)$ . $Microsoft(MSFT)$ was the only detractor from performance.
My best performing stocks this year have been $NVIDIA Corp(NVDA)$ $Fair Isaac(FICO)$ $Cadence Design(CDNS)$.
A breakdown of Cadence Design System's revenues and income statement. In short, a globally diverse business with wide margins.
https://twitter.com/long_equity/status/1740861915692417520
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