Portfolio update January 2023

Fundamentals are strong across the board but investor enthusiasm has increased, too. Estimated reading time: 19 minutes

Disclaimer: This article constitutes the author’s personal views and is for entertainment and educational purposes only. It is not to be construed as financial advice in any shape or form. Please do your own research and seek your own advice from a qualified financial advisor. From time to time, the author may hold positions in the below-mentioned stocks consistent with the views and opinions expressed in this article. I have positions in all of the below stocks when publishing this article. This is a disclosure - not a recommendation to buy or sell stocks.

Portfolio update

The portfolio rose another +5.8% month-on-month and +16.5% since its inception in October 2021. The performance has partly to do with the US Dollar but also flows into Asian equities. I can tell that optimism has gone up significantly since the end of China’s zero-COVID policy.

The share prices of several stocks in the portfolio went up over the last month:

• CNOOC rose because of the its pre-announcement of 2022 full…