Beachman's Comeback Portfolio - Oct 2022 report

Portfolio: Month-end update on my portfolio performance and actions

October was a kinder month for Beachman’s Comeback Portfolio as we started getting positive earnings reports for some of our key holdings. A variety of macro indicators also started pointing to signs that inflation is coming down. This improved investor sentiment and they started buying the dip during the last 2 weeks of Oct. In fact, a certain level of FOMO set in as the Fear and Greed index pivoted from extreme fear to greed in just a few weeks. Not the pivot we wanted to see, but that was the only pivot we got.

Let’s take a closer look at the numbers.

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Portfolio performance

• Beachman’s Comeback Portfolio return YTD: -33.39%

• S&P 500 Index return YTD: -19.28%

• Dow Jones Industrial Index return YTD: -10.53%

• Nasdaq return YTD: -30.60%

• BRK.B YTD: -1.90%

The comeback portfolio earned back 2% of it's value during the month of Oct 2022. Being a tech-heavy portfolio, it tracks closer to the Nasdaq index. The BRK.B comparison is provided as a way to compare this growth-oriented portfolio to a widely-held, value stock.

Now let’s review the portfolio’s holdings, position sizes and detailed performance.