For the first time ever, I am going to give you a look under the hood of what makes Minotaur tick, and give you a chance to see what makes up my common stock portfolio. At Minotaur, we value obsessive risk management, position sizing, and diversification, but in order to really understand the values and strategy that we employ, it's best to look at the stocks that we own.
If you'd like to get an alert to your phone every time I buy or sell a stock in my common portfolio, click here.
Below, we will dive into each position that we are currently in. We will analyze each position, cover where it's gone since we purchased, and tell you where we think it's going in the future. We hope you will learn a thing or two.
We divide our common stock portfolio into three categories: Long term investments, short term investments, and short term trades. The way we determine which stock goes into which category is based on the time frame we are looking at and how long we plan to hold the equity. We will get into each of these separately below.
Long Term Investments
Long term investments are stocks that I plan to hold for over a year. Gains are taxed at a lower percentage if you are able to hold stocks for a year, and consistently growing stocks can be a nice stabilizer in your portfolio. I currently own the following.
X — Full Position —+90%
This stock is my baby, and the initial play that launched me into the materials sector. With a magnificent anticipated increase in infrastructure spending, both domestically and abroad, I had to get some exposure to the companies that would supply this endeavor. I don't plan on letting this one go any time soon.
FCX — Full Position — +37%
Another materials stock that has been an absolute monster for me. I've also played calls in this one several times over the past year with incredible results.
BIDU — Full Position — +9%
Our biggest option play ever (+1780%) has turned into a long-term hold after breaking out of a multi-year pattern, and this is a stock I want to buy and hold for the next several years.
TAHO — 1/3 Position — -13%
Bought small in this one to start because of the falling wedge pattern. Will buy the rest after a bottom and turn. Not afraid of the unrealized loss here in the short term.
PAH — 1/2 Position — +3%