It's my birthday. I'm 37. And there was snow in Quebec city today. Can you imagine that? Snow on may 16th, for my birthday. I'm hating more and more this country as time goes by.
And by now, I'm entering my mid-life crisis.
What will it look like? I don't know. I think I've been in my mid-life crisis since I'm about 10.So I guess it's gonna be the same as for the last 27 years, except that I'm going to have more grey hair and a little belly that's gonna grow year after year.
Are you here to read about weather or existantial crisis?
The Penetrator Portfolio has had a tough year so far. I'd never thought that the great returns I've achieved in the last 3 years could end so abruptly. But reality is a great teacher. I've learned much more by losing so much money than by making money in the past. And I can see now, with my 37 years of life experience that it's impossible that everything goes well at the same time in your life.
For example, this year, almost everything is going well, except for my portfolio.
Exactly one year ago, my portfolio was doing very well, but my job was almost a nightmare. My boss at the time was on a mission to destroy everybody's self-esteem around him. And on a mission to fire everybody on his way.
So, I prefer my actual position. I'm a little frustrated, but I'm much less anxious than I've been in the past.
Here's the Penetrator Portfolio, on may 16th 2016:
CGI Group: 9,1%
Alimentation Couche-Tard: 8,6%
Constellation Software: 7,8%
Knight Therapeutics: 4,2%
Hardwoods Distribution: 4%
Ross Stores: 6%
Dollar Tree: 5,4%
United Therapeutics: 5%
Lithia Motors: 3,6%
Portfolio ROE: 31
Portfolio forward PE ratio:14