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active portfolio, 12/31
$AT.TO $ACUIF 21.8%
$ARKK 21.7%*
$WELL.TO $WLYYF 12.1%*
$ATZ.TO $ATZAF 12.1%*
$FSLY 8.7%
$TDOC 8.3%
$PTON 6.3%
$SE 4.9%
$TWTR 2.7%
$ELF 1.5%*
0.01%
* = added more
beta = 1.55
performance since 5/2/2020 (inception)
active 66.8%
QQQ 47.5%
SPY 32.2%
$AT.TO $ACUIF 21.8%
$ARKK 21.7%*
$WELL.TO $WLYYF 12.1%*
$ATZ.TO $ATZAF 12.1%*
$FSLY 8.7%
$TDOC 8.3%
$PTON 6.3%
$SE 4.9%
$TWTR 2.7%
$ELF 1.5%*
0.01%* = added more
beta = 1.55
performance since 5/2/2020 (inception)
active 66.8%
QQQ 47.5%
SPY 32.2%
1) watchlist for jan
$SSPK $MWK $MMED
started a spec position in MMED earlier in dec (~0.3%) and sold for a quick gain. will revisit after more DD
great writeup by @razisyed97 https://seekingalpha.com/article/4392873-mindmed-severely-undervalued-massive-upside-yet-to-come
$SSPK $MWK $MMED
started a spec position in MMED earlier in dec (~0.3%) and sold for a quick gain. will revisit after more DD
great writeup by @razisyed97 https://seekingalpha.com/article/4392873-mindmed-severely-undervalued-massive-upside-yet-to-come
2) at ~14 ttm net p/s, $AT.TO $ACUIF is now fairly valued IMO
yeah, there's still a valuation gap compared to $TTD at 51x
mgmt has plenty of opportunities to prove why this shouldn't be the case (rev growth, illumin updates nasdaq listing, etc.)
happy to hold for now
yeah, there's still a valuation gap compared to $TTD at 51x
mgmt has plenty of opportunities to prove why this shouldn't be the case (rev growth, illumin updates nasdaq listing, etc.)
happy to hold for now
3) $ATZ.TO is my highest conviction pick for 2021
this is a women's clothing retailer based in canada. it's a consistent double-digit grower & led by a strong owner-operator
they built great brand equity with their covid response and have a long runway for USA growth... (cont)
this is a women's clothing retailer based in canada. it's a consistent double-digit grower & led by a strong owner-operator
they built great brand equity with their covid response and have a long runway for USA growth... (cont)
4) they're underindexed in stores across the USA rn as they only target AAA locations
mgmt expects 100 more stores in the USA that meet their criteria
as you could imagine, it's a buyer's market for retail real estate right now...
mgmt expects 100 more stores in the USA that meet their criteria
as you could imagine, it's a buyer's market for retail real estate right now...
5) aritzia invested heavily in ecom pre-covid, making up 23% of sales in FY2020 (ending mar 1)
during the 1st lockdowns, ecom grew 150%+ in Q1 and 82% in Q2 2021 and inventory levels stayed healthy
they also beat some comps in their own game... like $RVLV
during the 1st lockdowns, ecom grew 150%+ in Q1 and 82% in Q2 2021 and inventory levels stayed healthy
they also beat some comps in their own game... like $RVLV
6) and that's before getting into the fun stuff, like their product / retail experience, ecom hitting a major inflection point, relative valuation, brian hill, etc.
whether or not we're back to normal this year, i'm confident $ATZ.TO will easily make it through the storm
whether or not we're back to normal this year, i'm confident $ATZ.TO will easily make it through the storm
7) like @jablamsky, i think we're all underestimating how READY WE ARE TO SPEND when this is all over
similar to $ATZ.TO, i think $LULU, $ELF, $TJX, $ULTA will have a nice year of earnings surprises https://twitter.com/jablamsky/status/1345215236836495361
similar to $ATZ.TO, i think $LULU, $ELF, $TJX, $ULTA will have a nice year of earnings surprises https://twitter.com/jablamsky/status/1345215236836495361
8) will write more soon about aritzia but for now, there are some nice writeups on $ATZ.TO out there 
http://www.canadianvaluestocks.com/aritzia-inc/
by @cdnvaluestocks
https://murraywealthgroup.com/aritzia/
by @MWG_Jamie
http://www.canadianvaluestocks.com/aritzia-inc/
by @cdnvaluestocks
https://murraywealthgroup.com/aritzia/
by @MWG_Jamie
9) HAPPY 2021
i loved twitter before fintwit but since discovering y'all it's been on a whole other level
all the knowledge that's shared here so openly is a blessing, hope to give back more
thanks to @richard_chu97 for opening my eyes
i loved twitter before fintwit but since discovering y'all it's been on a whole other level
all the knowledge that's shared here so openly is a blessing, hope to give back more
thanks to @richard_chu97 for opening my eyes
