Holdings & Performance
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Autumn Leaves
At its core, my strategy – The DTM5 – is about building and managing a concentrated portfolio — a handful of positions where each earns its place on Merit, Asymmetry, Timing and Price. Autumn is upon us and I thought I’d make a fast comment on what I have in the strategy and what things… Continue reading
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2023 – The Year That Wasn’t
The DTM5 performance results are reported once annually at the end of each calendar year. The strategy commenced on May 15, 2020. Performance is tracked on a 1 year Money Weighted Basis (IRR), an Annualized Average Basis, and on a Total Return Basis. 2023 proved to be highly volatile. After a great first half of the year, and reporting an… Continue reading
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The Dead Man’s Hand
On August 2, 1876, James Butler Hickok, known as ‘Wild Bill Hickok’ was playing poker at Nuttal & Mann’s Saloon No. 10 in Deadwood, Dakota. Poker was a passion of Wild Bill’s. And a profession. When playing, Bill would always sit with his back to the wall, so as to be able to see who was… Continue reading
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Proof of Concept Achieved
Its the three year anniversary of the inception of the DTM5 Strategy! The first deposit was made on May 15, 2020. I launched my blog – The DTM5 Venture Investing Strategy – later that year to journal about my progress and process. The DTM5 strategy was conceived as a way to take advantage of the… Continue reading
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The DTM5 Starters and Bench Update
You all know by now I like my basketball analogies. The DTM5 strategy is a concentrated group of investments – Ideally 5 at a time – which I manage like a basketball team. In total, I follow on average 10 to 15 investments at a time, and I sub them in and out as circumstances… Continue reading
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Crypto Price Action Commentary – ETHC & GLXY
Together accounting for more than 20% of the DTM5, GLXY & ETHC have been doing a lateral dance for the past six months, with ETHC outperforming GLXY but with a high degree of correlation in price action. Continue reading
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Update on the DTM5 holdings
As you may know, I like investing in earlier stage companies that are focused on assets that have great long term growth potential. Here’s an update of the investments on the floor and on the bench Continue reading
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The DTM5 ‘Others’ – SHG, RCG, SII, QITP
I’m naturally biased to liking businesses that have legitimate, non-technology centric investment premises. Its not all about crypto! Here are some of them. Continue reading
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Performance Update!
The official start date of the DTM5 was May 15, 2020. So, we’ve just passed our 1 year anniversary! How time flies, and what a year it has been. How is the DTM5 doing? Feel free to take a look! Continue reading
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The DTM5 Sector Allocation Snapshot
Usually when I’m writing about the DTM5 I’m focused on individual investments or strategies. For a change of pace, here is a chart of the sectors that the DTM5 is currently invested in. This is a snapshot of the asset allocation of the entire investment universe of the DTM5 (and DTM5-C) at this moment. All… Continue reading
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The Current DTM5 Roster
So I’ve used the basketball analogy to describe the DTM5 more than a few times. And with good reason. The DTM5 is all about investing in the ‘best 5’ ideas. The Starters. But, those ideas change over time, and sometimes the timing isn’t right to build a position or own them. So some are rotation… Continue reading
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Performance Reveal, Thoughts on Timing, and Happy New Year!
Happy new year and welcome to the performance report! By most accounts, 2020 was a disaster. COVID. Insane US and Global politics. Economic Meltdown. Governments scrambling to play catch up to limit the human and financial carnage. The costs of 2020 are immense, not yet understood and they are still ongoing. The impacts on… Continue reading
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Performance, Holdings, Etc.
As the year draws to close I’m considering what type of information I should share, post, etc about the specifics of individual investments and the DTM5’s strategy performance. I have no problem sharing or being transparent. I just want to make sure everything is taken in context and followers clearly understand – I AM NOT… Continue reading