12-14-2021, 09:27 AM
My investment thesis is:
1. Industrialization of Africa/Asia has been going on for decades and will continue as such. It is the equivalent of a whole new Manhattan every month! The picture of Beijing from 1990 vs. 2020 is astounding.
Outcome: steel stocks (Rio, Vale), infrastructure (BroadCom, Cisco).
2. Massive technological revolution
Outcome: chip stocks are and will be in greater and greater demand for decades, also cloud computing (Oracle, Microsoft, Okta, Amazon), and storage/network for it (Seagate), 3D printing & laptops (Hewlett Packard). Less clear is whether electric vehicles will really take off; they have serious limitations, but if anyone can fix the battery life/charging issues it is Tesla. Apple is still the king of consumer tech retail.
3. Migration out of cities
Outcome: home building/improvement (Home Depot, Sherwin Williams)
Of course I also have stocks in my port that "seem to be good" but don't fit a thesis like Target and Blackstone.
1. Industrialization of Africa/Asia has been going on for decades and will continue as such. It is the equivalent of a whole new Manhattan every month! The picture of Beijing from 1990 vs. 2020 is astounding.
Outcome: steel stocks (Rio, Vale), infrastructure (BroadCom, Cisco).
2. Massive technological revolution
Outcome: chip stocks are and will be in greater and greater demand for decades, also cloud computing (Oracle, Microsoft, Okta, Amazon), and storage/network for it (Seagate), 3D printing & laptops (Hewlett Packard). Less clear is whether electric vehicles will really take off; they have serious limitations, but if anyone can fix the battery life/charging issues it is Tesla. Apple is still the king of consumer tech retail.
3. Migration out of cities
Outcome: home building/improvement (Home Depot, Sherwin Williams)
Of course I also have stocks in my port that "seem to be good" but don't fit a thesis like Target and Blackstone.