Quarterly Report (2021)
I quarter (2021), a quarter of correction and consolidation Dear Copier and Followers, we began the first quarter of the 2021, with a long and relatively frustrating period of consolidation and correction, we recorded a 5.9% decline, which in my opinion is a good opportunity to increase the copy amount because I expect this to be the bottom quarter for our Portfolio for the year 2021. The stock component of our PortFolio are on prevalence composed by technology assets. Even though this assets class is predicted to under perform cyclical and industrial assets, I like to trade their higher volatility. On this regard this is actually the best period to trade them with a high turn over and take advantage of a VXN above 25 on a regular basis. We have stored a significant amount of cash, about 30% of the portfolio that will be used if a good opportunity will occur and to quickly rotate capitals in and out of assets. What went down? All of what could be defined as hedge assets: TLT , its