DEEP RESEARCH · ASSET ALLOCATION/PORTFOLIO MEMO
[Asset Allocation] Thoughts
A portfolio memo on compressing holdings and selecting companies worth enduring through a volatile market
0. Bottom line first
The market feels unsettled, and many of the stocks I had considered market leaders seem to have seen profit-taking. In this kind of period, I think the right approach is to separate the wheat from the chaff, compress the portfolio, and endure.
1. Market view
Official fact: The original note records that semiconductors rose somewhat, led by Samsung Electronics.
Interpretation: Still, I think there could be some volatility ahead of short selling, and I am skeptical that a sudden sharp rebound will appear before mid-April.
2. Compression criteria
The lens is to narrow the list to companies I could stay with for several years even if a recession arrives. Rather than a short-term rebound, I care more about whether the position can be endured over the holding period and whether it deserves to remain in the portfolio.
Separate quality
When the market shakes, I should not hold everything; I need to identify the companies worth enduring.
Compress the portfolio
During profit-taking and volatility, the response is to reduce lower-conviction holdings.
Companies for several years
The filter is whether I could stay with the company even through a recession.
3. Names I still want to hold through
For now, even if it gets difficult, I still want to stay with SK Eternix, InBody, SNU Precision, Doosan Enerbility, and Palantir. I am letting the others go for now, but may meet them again later.
| Group | Names | Memo |
|---|---|---|
| Names to endure with | SK Eternix, InBody, SNU Precision, Doosan Enerbility, Palantir | Candidates I want to continue watching and holding through difficulty |
| Names set aside for now | Other holdings | Portfolio-compression targets, but possible future revisit candidates |
Sources
- Original post: Naver Blog original