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QAV Light Weekly Update #209

Hap­py Mon­day, Light Brigade!

And a big wel­come to all of our newest mem­bers.

I had anoth­er pret­ty busy week­end. The usu­al kung fu (three hours Fri­day night, plus five hours Sat­ur­day), then I went with my son Hunter to the pre­miere of Baz Luhrman­n’s new Elvis doc­u­men­tary EPiC on the Gold Coast. The film com­pris­es “nev­er before seen footage” of Elvis prepar­ing for his orig­i­nal 1969 Las Vegas con­certs, as well as con­cert footage. Pret­ty cool if you’re an Elvis fan (and, hon­est­ly, who isn’t?). 

Baz Luhrmann Elvis EPiC

Yes­ter­day it was Chris­sy’s birth­day and I baked her this car­rot cake. Looks aver­age, tast­ed AMAZING. 

Chrissy carrot cake

So… a busy week­end. 

Any­way, let’s get into the port­fo­lio updates!

All the best,
Cameron

 

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PORTFOLIO UPDATE

The mar­ket had a freak out ses­sion late last week, due to a com­bi­na­tion of the RBA’s inter­est rate rise, a U.S. mar­ket dip, Bit­coin col­lapse, mar­gin calls, a new Fed chair, and Trump’s Iran deal… among oth­er things. The U.S. mar­kets bounced back on Fri­day and the AFR is pre­dict­ing the ASX will bounce back again today, too.

In the last 30 days, the Light port­fo­lio was ‑2%% vs the index which was +1.54%.

Our most impres­sive return for the last 30 days is Ade­laide-based indus­tri­al man­u­fac­tur­er Kor­vest (KOV), which is +14% for the month.

KOV +358%

We’ve owned KOV in the Light port­fo­lio since 6/11/2023 when we bought it at $7.99. It’s now $16 which is +100%. But we’ve owned it in the QAV Dum­my Port­fo­lio since 15/4/2020 when we bought it at $3.49, so that par­cel is +358%. Anoth­er exam­ple of why we don’t re-bal­ance and take prof­its.

A QUADRUPLE MARKET YEAR

For the last 12 months, the Light port­fo­lio is +34% vs the index +8%.

 

 

Since incep­tion (Feb 2022), the Light port­fo­lio is +20% vs the index +10%, dou­ble mar­ket, right on tar­get.

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SELLS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

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BUYS

 

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

And here’s my TikTok of the week.

CURRENT HOLDINGS & HISTORICAL TRADES

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

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** Please remem­ber to review our Buy­ing Guide­lines to under­stand which cap bands you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. 

DISCLOSURE 

Please review our trad­ing and dis­clo­sure pol­i­cy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works. 

  1. We send you an email every Mon­day advis­ing which stocks we are adding to our Light port­fo­lio.
  2. You can copy our trades, but please remem­ber to review our Trad­ing Guide­lines to under­stand which cap you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. And con­sult a finan­cial plan­ner before mak­ing any deci­sions.
  3. We don’t rec­om­mend that you add stocks which are already in our port­fo­lio. Their posi­tion on our buy list might have changed since we rec­om­mend­ed them. Just start with the stocks rec­om­mend­ed after you become a mem­ber.
  4. If one of the stocks we add breach­es one of our sell con­di­tions, we will sell it from our port­fo­lio and you’ll get an email advis­ing of the trade. Again, you can copy our trades, but seek finan­cial advice before mak­ing any deci­sions. And please check your Rule #1 price (see Trad­ing Guide­lines).
  5. If you come across any QAV ter­mi­nol­o­gy that you don’t under­stand (eg Rule 1, 3PTL, Pos­si­bles, etc), please review our ter­mi­nol­o­gy guide or just email us for clar­i­fi­ca­tion.

That’s it for today! 

If we decide to buy or sell some­thing, we’ll let you know. 

Got a ques­tion? 
[email protected]

 

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