QAV CY2020 Wrap Up

Update 2021-01-04:

The offi­cial end of CY num­bers are as fol­lows.

QAV port­fo­lio was up 14.83%.

XAOA was up 3.64%.

So we out-per­formed the XAOA by near­ly 4X.

QAV Club mem­bers can see the final fig­ures in our port­fo­lio on Google Sheets.

Orig­i­nal post:

It’s not quite the end of the year, but as I don’t intend to work much next week, I thought I’d do my end of year wrap up today.

2020 has obvi­ous­ly been a year of sur­pris­es and very chal­leng­ing from an invest­ing per­spec­tive. The mar­ket took a mas­sive hit in March and April as COVID lock­downs went into effect, but then rebound­ed faster than most of us expect­ed, as the Fed­er­al Gov­ern­ment decid­ed to embrace Quan­ti­ta­tive Eas­ing and Mod­ern Mon­e­tary The­o­ry.

We stuck to our strat­e­gy through­out the year — which means using Tony’s sys­tem to tell us what to buy, what to sell, and when to do both.

We’ll fin­ish the year with pret­ty good gains, espe­cial­ly when com­pared to the XAOA (All Ords Total Return) index.

The QAV port­fo­lio is up 13.8% for the cal­en­dar year, ver­sus only 4.14% for the XAOA. And, of course, that involved stay­ing away from spec­u­la­tive tech and growth stocks, like After­pay, etc. As val­ue investors, we’re only inter­est­ed in invest­ing in com­pa­nies with a strong his­to­ry of gen­er­at­ing cash and good man­age­ment, that are momen­tar­i­ly under­val­ued by the mar­ket.

We’ve been get­ting lots of emails from QAV sub­scribers who are report­ing great results for their own port­fo­lios, and our con­grat­u­la­tions go out to all of you.

As one per­son wrote to me this morn­ing: “I have been using QAV invest­ing since May through to July allo­cat­ing and invest­ing my Super and my return is 35% cur­rent­ly. My pre­vi­ous finan­cial plan­ner was aver­ag­ing 6% over 5 years on my super!  I would no doubt be about break even now this year also if I had not sacked him three years ago!!”

Anoth­er lis­ten­er sent me this email yes­ter­day: “Fol­low­ing QAV about 85% of the time (Stock Doc­tor 5%, instinct/dumb luck 10%) our port­fo­lio is up 44% so far this year. And there’s been no cheat­ing with large, risky posi­tions in After­pay styled com­pa­nies. Just the QAV method con­sis­tent­ly applied across approx. 20 stocks in even weight­ing. ”

Thanks to all of our lis­ten­ers and sub­scribers this year for sup­port­ing the show, espe­cial­ly to every­one who came along to the few din­ner events we were able to hold in between lock­downs. And thanks most of all to Tony for tak­ing time away from golf and his hors­es to teach us all how to do what he does!

I hope you all have a safe hol­i­day sea­son and I look for­ward to see­ing your faces at events in what will hope­ful­ly be a calmer 2021!

Cameron