Journeyman (@Journeyman) on getquin

1Mon·

Feedback on my portfolio?

In particular, I would be interested in your opinion on "Future-proof portfolio under 4 years #trump " in particular. The ETFs $IWDA (-0.81%) MSCI World, $SPXS (-0.82%) S&P500 and $IPRV (-2.22%) Private Equity are saved monthly in equal parts.

The #btc Pump is of course nice at the moment, but it comes and goes. So for me it runs alongside as a long-term HODL strategy.

5 Comments

1Mon

"Future-proof under 4 years of Trump?" 😂

But many international companies dominate your portfolio. Industry is almost completely absent. Hedge assets as well. Future-proof would be a bold claim.

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Investor@Investorentagebuch

1Mon

I would probably leave out the IPRV, at least if you are doing it to invest in PE. PE is not called "private equity" for nothing and is only possible to a limited extent when listed (this may change now with some ELTIFs participating directly in co-investments, but we'll have to wait and see). With IPRV, you tend to invest in large asset managers (since the early 2000s, KKR and Blackstone have been in so many asset classes that they hardly call themselves private equity firms anymore, similarly with Apollo and now also EQT... and Partners Group is also only a manageable part). Apart from that, you invest in the listed management company and gain virtually nothing from the success of the portfolio companies that are in the closed-end funds... because the sales proceeds first go to the investors in the closed-end funds and then largely to the investment teams, i.e. the employees.

Otherwise, I also think it is very tech-heavy... regardless of Trump, the valuation situation should normalize at some point. I would position it a little more broadly in terms of sectors.

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