The top detractors from performance were NVDA and FICO in January 2025

Long_Equity
02-03 09:45

Portfolio at the end of January 2025

January performance: 2.6%

FCF ROC = 37%

FCF per share CAGR (5yr) = 24%

FCF Linearity (5yr) = 0.94

FCF Margin = 35%

FCF Margin Expansion (5yr) = 6%

FCF Yield = 2.76%

There were no outright sales or purchases. The top contributors to performance were KLA Corp $KLA-Tencor(KLAC)$ and Applied Materials $Applied Materials(AMAT)$ . The top detractors from performance were NVIDIA $NVIDIA(NVDA)$ and Fair Isaac $Fair Isaac(FICO)$ .

ImageImage

Over the last 15 years, quality investing has crushed value investing.

• The MSCI's quality index has an average outperformance of 2.71%, compared to -2.32% for their value index.

• Quality has outperformed in 11/15 years, while value only managed 5/1

• Quality delivered the lowest volatility (SD=4.36%).

Critics may argue that 15 years is a short time frame, but the consistency and lower volatility speaks for itself.

ImageImage

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2