With the continued rise of our largest growth stock on the Big Board after earnings, we’re punching well above our risk-weight on performance.
Since August 2020, the ROIC Big Board is up +74.7% since inception.
- Stocks + Cash allocation was up +55% during the period. This is an understatement, since it overburdens our stock allocation with the cash drag.
- Cryptocurrency allocation was up +112% during the period.
- We have had a large 14.5% average cash allocation throughout this period. This means we’ve been extra conservative and ready to strike upon a market selloff. Our current cash allocation is over 20%.
All this to say, we are still missing attractive opportunities given my time constraints. We are working on building capacity to screen more investments for the community, and I have no doubt that our capabilities will increase meaningfully as we grow the ROIC community.