🔥 SELLING My Tesla Stock and Bitcoin (Incredibly Smart)

00:00
it's time for another easy breezy
00:01
portfolio update
00:26
if you're new to the channel i focus on
00:28
investing exclusively in advanced
00:29
technology and disruptive innovation so
00:32
i mainly research growth stocks even
00:34
when it hurts in fact these exact stocks
00:36
have been hit the hardest over the last
00:38
year to the point where the only way i
00:40
can actually look at my portfolio is by
00:42
sitting in a bathtub and softly crying
00:44
into a glass of wine it never gets old
00:46
so in this episode i'll share the
00:48
absolute carnage going on inside my 100
00:51
000 portfolio as well as my thoughts on
00:53
meet kevin's decision to get out of his
00:56
yeah yeah i know i'm always fashionably
00:58
late to the party your time is valuable
01:00
so let's get right into it here's
01:02
something that you may not realize about
01:04
investing a substantial amount of retail
01:07
investors really started taking the
01:08
market seriously around when the
01:10
pandemic hit that means they've only
01:12
experienced the stock market where
01:13
interest rates are near zero and prices
01:16
have been propped up by the federal
01:17
reserve and jerome powell's legendary
01:20
money printer as an investor this would
01:22
be like learning to surf in the
01:23
smoothest most perfect waves on the
01:25
planet for nearly two years then one day
01:28
you start to experience riptides and
01:30
undertows for the very first time what
01:32
you need to realize is that good surfers
01:34
don't take every wave they see even if
01:36
that wave looks great on the surface
01:38
they learn how to read the water and
01:40
protect themselves from getting dragged
01:41
under they have a systematic way of
01:43
making decisions a model to evaluate
01:45
each wave like different kinds of surf
01:48
different kinds of stocks require
01:49
different models which is why i always
01:52
stay so narrowly focused on advanced
01:53
technology and growth stocks instead of
01:56
keeping their eyes on the water bad
01:57
surfers tend to watch other surfers and
01:59
then try to chase the same wave as
02:01
everybody else what they don't realize
02:03
is that by the time they notice good
02:05
surfers catching a wave it's often
02:07
already too late for them to catch it
02:09
themselves these are the investors
02:11
buying stocks that already rallied and
02:13
selling stocks that have already crashed
02:15
not having a system is a serious double
02:18
whammy when it comes to growth stocks
02:19
which are much more volatile in the
02:21
short term because they're much harder
02:23
to value over the long term investing in
02:25
growth stocks is like surfing in the
02:27
choppiest waves if you're not prepared
02:30
you will get shaken out i think what
02:32
none of us really expected is for meet
02:34
kevin to get shaken out last week
02:36
because
02:37
well i am a hundred percent transparent
02:40
with absolutely everything i do in my
02:42
portfolio if you join my stocks in
02:44
psychology of money program you will
02:45
learn to think like i do when it comes
02:47
to the market and to me this is a signal
02:49
of the freaking bottom this is a signal
02:51
of the bottom be careful with margin but
02:54
i am bullish on this market i'm not
02:57
going anywhere i'm not effing leaving
02:59
that clip is from just a few days ago on
03:01
january 18th meet kevin is a very
03:04
influential finance youtuber with around
03:06
1.8 million subscribers he's a good
03:09
surfer right after he made that video he
03:12
changed his mind and he packed up his
03:13
board i get it you can only get thrashed
03:16
around for so long before you want to
03:18
call it a day especially when you're
03:20
riding a 20 million dollar wave
03:22
i've sold 99.15 of my stocks and my
03:26
entire crypto portfolio after watching
03:28
his full video i think he did a great
03:30
job explaining why he thinks the weather
03:32
sucks for investing and what he's
03:34
waiting for institutional sentiment on
03:37
growth stocks to switch from fear to
03:38
greed inflation numbers to come in lower
03:40
than expected and stay stable and for
03:43
the federal reserve to loosen up on
03:44
interest rates accordingly it's the same
03:47
bad weather everyone else has been
03:48
warning about for months so what i want
03:51
to say to meet kevin is best of luck i
03:53
hope you enjoy your breather and i'll
03:55
see you when you get back in if you're
03:57
not back in already after seeing any
03:59
good investor pack it up it makes sense
04:01
for us to ask ourselves the same
04:02
question do i stay in these choppy
04:05
waters or do i follow his weed and go
04:07
home until the weather clears let me
04:09
show you what's in my 100 000 portfolio
04:12
right now i'm getting absolutely
04:14
battered out here i have less than ten
04:16
thousand dollars left in cash and i've
04:18
spent the other ninety thousand dollars
04:20
which is worth just sixty thousand
04:22
dollars right now so i'm over thirty
04:23
percent down on my investments even if
04:25
you include my cash position this is a
04:28
rough start to my five-year portfolio
04:30
project but it's important to remember
04:32
that these are unrealized losses on
04:34
money i'm happy to invest for years to
04:36
come i'm still holding every single
04:38
share i've purchased except for peloton
04:40
sorry peloton let's take a look at some
04:43
of my holdings in a little more detail
04:45
my position in c limited is down by over
04:47
40 percent but what you may not realize
04:50
is i didn't buy c limited anywhere near
04:52
its top my average cost is 244 dollars
04:55
per share but its peak is over three
04:57
hundred and seventy dollars per share so
04:59
the stock is actually down around sixty
05:01
percent from its all-time high by the
05:03
way c's revenue is up one hundred and
05:06
twenty percent year over year next we
05:08
have teledoc my cost basis for teledoc
05:11
is 102 per share and it's trading at 73
05:14
dollars today so i'm down over 25
05:17
i started buying when it was already 50
05:20
percent off from its all-time highs of
05:22
almost 300 per share while its stock has
05:24
been in free fall teledoc's revenue is
05:26
up eighty percent year over year upstart
05:29
is my third biggest stock holding my
05:31
average cost is one hundred and sixty
05:33
three dollars per share and it's down to
05:35
ninety two yikes looks pretty bad right
05:38
well three months ago when i started
05:40
this portfolio upstart was trading for
05:42
almost 400 per share so i started buying
05:45
it when it was already 50 or more off of
05:48
its highs by the way while upstart stock
05:50
fell by 75 percent their revenue was up
05:53
almost 250 percent year over year are
05:56
you starting to see the pattern palantir
05:59
stone square you can go down and down
06:01
this list and see that no matter what
06:02
kind of investment it is gaming
06:04
telemedicine cryptocurrency data
06:07
analytics fintech cyber security
06:09
hardware they're all down by double
06:10
digits even though they're top line and
06:12
in most cases their bottom line grew
06:14
substantially even on top of all the
06:17
extra growth from when the pandemic hit
06:19
back in 2020 so even though meat kevin
06:21
is right and the weather is terrible for
06:23
investing right now advanced technology
06:25
is still solving real problems in the
06:27
real world said another way meet kevin
06:30
got out because these stocks are still
06:32
doing bad i'm staying in because the
06:34
underlying growth companies are still
06:36
doing great even if the stock market
06:38
isn't reflecting it at the moment all of
06:39
this growth is proof that the solutions
06:41
these companies are providing are really
06:43
getting adopted faster and faster that's
06:46
why these stocks are the entire focus of
06:47
my channel and one of the biggest goals
06:49
for my portfolio is to compete directly
06:52
with rk arkhamvest's flagship innovation
06:54
fund not the s p 500 here's how i'm
06:57
doing so far i started the portfolio on
07:00
november 1st and since then the s p 500
07:03
is down about five percent i'm down
07:05
about 30 percent and rk is down about 41
07:09
i basically have three advantages when
07:11
it comes to competing with rk
07:13
first i can pick as few stocks as i want
07:15
so i have 19 stocks and two
07:17
cryptocurrencies instead of the about 45
07:20
positions found in rk second i can hold
07:23
as much cash as i want so i've been
07:25
slowly dollar cost averaging in instead
07:27
of dumping it all in at once in the
07:28
beginning like many people suggested
07:31
don't do that and third i'm willing to
07:33
hold any size growth stock so i have
07:35
positions in google and facebook and
07:37
nvidia and i might start a position in
07:39
microsoft down the road as it's another
07:41
great metaverse play so even though i'm
07:43
at least twice as concentrated in growth
07:45
stocks as rk i'm still less volatile
07:48
overall at least over the last quarter
07:50
that's been helping me sleep at night
07:52
even as things continue to trend
07:54
downwards my conviction in these
07:55
companies and in the way i've weighted
07:57
this portfolio has not changed because
07:59
the underlying companies and their
08:01
fundamentals haven't changed so where i
08:03
disagree with me kevin is that i think
08:05
the conversation should be around which
08:07
stocks to buy not which ones to exit
08:10
that exit window was back in november
08:12
and every investor who was paying
08:14
attention saw that coming including me
08:16
kevin but i am bullish on this market
08:20
i'm not going anywhere i'm not fm
08:22
leaving
08:23
i've sold 99.15
08:25
of my stocks and my entire crypto
08:27
portfolio have been extremely consistent
08:30
extremely consistent so comment below or
08:32
tweet me at ticker symbol u with your
08:34
thoughts is it time for me to finally
08:36
get out of growth stocks should i exit
08:38
these companies even though their
08:39
revenues and user bases are growing by
08:41
50 to 100 or more year over year or do
08:45
you think i should add another 50 000 to
08:47
the portfolio to celebrate the channel
08:49
hitting 150 000 subscribers i'm
08:51
definitely willing to keep putting my
08:53
money where my mouth is because i'm in
08:55
it for the long term long term meaning
08:57
years not weeks or months
09:00
so in meet kevin's own words i'm not
09:02
evan levin so if you want to keep up to
09:04
date with trends in advanced
09:05
technologies and growth socks or you
09:07
just like seeing a portfolio more in the
09:09
red than your own consider liking this
09:11
video and subscribing to the channel
09:13
with all notifications turned on that's
09:15
a great way to invest in the channel
09:16
that invests in you and if you want to
09:19
see what i've been buying selling and
09:20
holding day by day instead of month by
09:22
month consider supporting the channel as
09:24
an insider to your patron on patreon or
09:26
channel member right here on youtube
09:28
that way you get access to all my past
09:30
and present buy and sell alerts as well
09:32
as access to an insider's only channel
09:34
in my discord community where we share a
09:37
lot of research and trades if that's not
09:39
really your thing no problem there's
09:41
never any pressure to support the
09:42
channel and i always show my research
09:44
and updated holdings for free right here
09:47
on youtube i've also been slowly posting
09:49
more and more content on other social
09:51
platforms like twitter instagram and
09:53
even spotify so if you're interested in
09:55
more short form content you can find my
09:57
stuff on all your favorite socials just
09:59
search for ticker symbol u and make sure
10:01
it's spelled correctly because there are
10:03
a few scammers out there pretending to
10:05
be me either way there's a lot to be
10:07
excited about when it comes to investing
10:09
in advanced technology this year and
10:11
well into the future and whether you
10:13
decide to sell out buy the dip or simply
10:16
do nothing i hope you stay long stay
10:18
strong and thank you for watching until
10:20
next time this is ticker symbol you my
10:23
name is alex reminding you that the best
10:25
investment you can make
10:27
is in you