September 2023 Asymmetric Portfolio Allocation

The Asymmetric Investing Portfolio | August 2023 Additions

This is the fifth allocation of $500 into a personal portfolio of stocks that have 10x potential over the next decade. I’ll make the allocation to what I call the “Asymmetric Universe” of stocks. Today, that universe is 12 stocks that I’ve covered in spotlight articles, and in time the universe will grow.

Not all stocks covered will receive an investment, and allocations may be made to the same stock multiple times. Here are the rules of allocation.

1. Invest $500 in total new capital each month

2. Pick among any stock* in the Asymmetric Universe

   ^{*Stocks can be bought more than once or not at all.}

3. Any funds received from sales/dividends will be redeployed the following month

The Universe of Asymmetric Stocks

1. Spotify: Audio streaming company with over 500 million active users worldwide.

2. GM (Cruise): One of the world’s largest automakers and projects Cruise’s autonomous driving fleet could reach $50 billion in annual revenue in 2030.

3. Peloton: Streaming fitness company with nearly 4 million paying subscribers.

4. Dropbox: Cloud storage company with strong cash flow, a steadily growing business, and potential tailwinds from AI.

5. Sony: Leader in gaming, music, and TV/film with a business model to maintain a lead in all three.

6. Coinbase: Leader in blockchain technology and balance sheet and leadership to thrive if crypto/blockchain/Web3 grows over the next decade.

7. Portillo’s: Fast-growing hot dog and burger restaurant.

8. Virgin Galactic: Space tourism company that could change how we think about space.

9. On Holdings: Fast-growing shoe company with high margins and the ability to push into new geographic and fitness markets.

10. Airbnb: The global property rental marketplace.

11. Disney: Massive media company making the difficult transition to streaming.

12. MGM Resorts: Casino giant with a presence in Las Vegas, Macau, and soon Japan.

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