In early Feb this year, I wrote that I’ve set up a new, much smaller fund to trial a highly concentrated approach with only 5 core holdings:

TTI’s Top 5 Generals Since then, that’s really been my key focus and the past 7mths’ journey has been nothing short of volatile. This post would be basically the 1st report (generated by InteractiveBrokers) about the fund performance. Over time, I think this new fund and concentrated approach will be my key focus, and likely form the bulk of my portfolio in future.

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Macro View Having been cautious about this recovery, I’ve had a substantial part of my capital undeployed whilst the indices made new highs. The capital ain’t exactly doing nothing though, as I needed them to back up option positions so in a way, they are generating yield for me. We now see 2nd waves of Covid happening in most places around the globe, yet the markets continue churning upwards...