Welcome to my March 2022 portfolio update! My portfolio is up 205% as of writing on 3/24/2022 from when I started tracking my results in January of 2020. This means that, $100 invested in the ExponentialDave portfolio on January 1, 2020 would now be worth $305, which is slightly more than a triple (3x). Meanwhile my benchmark, WCLD, is “only” up 58% since January of 2020, and the S&P 500 is only up 38% since January 2020. For the period from January 1st, 2022 through 3/24/2022, my portfolio is down 29%, meanwhile WCLD is down 21%, and the S&P 500 is down 6%.
Nice report, Dave. Congrats. Question about valuations - how do you look at or consider valuation levels for your companies? Any particular valuation metric(s) that you like more than others?
One question, do you think MNDY already took all low hanging fruit away because of Covid? It seems like the Street judge workflow as WFH stocks and punish her like DOCU ZM.
Hi Dave, thanks for the nice report as usual. Just curious for your allocation. Since MDB is in the second tier, which means you should have more confidence in MDB than ZI and MNDY. So I could not figure out why you have less position in MDB? It's appreciated if you could explain for me why you make this allocation.
Nice report, Dave. Congrats. Question about valuations - how do you look at or consider valuation levels for your companies? Any particular valuation metric(s) that you like more than others?
Great article Dave,
One question, do you think MNDY already took all low hanging fruit away because of Covid? It seems like the Street judge workflow as WFH stocks and punish her like DOCU ZM.
Hi Dave, thanks for the nice report as usual. Just curious for your allocation. Since MDB is in the second tier, which means you should have more confidence in MDB than ZI and MNDY. So I could not figure out why you have less position in MDB? It's appreciated if you could explain for me why you make this allocation.