Inside The Bedokian’s Portfolio is an intermittent series where I will reveal what is actually inside our investment portfolio, one company/bond/REIT/ETF at a time. In each post I will talk a bit about the counter, why I had selected it and what lies ahead in the future.
Today, I shall introduce a thematic exchange traded fund (ETF) and that is the ETFMG Prime Cyber Security ETF (ticker: HACK).
The Everpresent Threat
I had identified cybersecurity as one of the sectors to go into back in Dec 2017 after analysing the then-trends and formulating a series of educated guesses, or “guesstimates” as I liked to call them. The field of cybersecurity has evolved from simple antivirus programs and software back in the 1980s to combatting threats from not just the virtual realm (worms, trojans, etc.) but also of human origin, too (hackers, crypto thieves, etc.).
The importance of cybersecurity has...