Netflix, Tesla, and Amazon crush earnings season
Over the past two weeks, three companies that make up a combined 23% of the freedom portfolio reported earnings. Here are some quick hits for each:
Personal
The Freedom Portfolio -January 2020
The fourth quarter was a pretty great one for the Freedom Portfolio, which was up a strong 16% versus roughly 9% for the S&P 500. Since inception, the Freedom Portfolio is now up 11.2% versus 10.4% for the S&P 500. It’s not a huge amount of out-performance, but it’s still a relatively short time frame when it comes to my investing horizon.
RD Fitness Dare: Bruce Lee Workouts
In case you missed it, the Rampant Discourse staff announced a Fitness Dare to challenge ourselves to get more physically fit in 2020. The first component of my plan is to follow through on the DDP Yoga workout schedule. The other component is to incorporate some exercise routines inspired by the late, great Bruce Lee. Given my proclivity for all things Bruce Lee, it should come as no surprise that…
RD Fitness Dare: DDP Yoga
In case you missed it, the Rampant Discourse staff announced a Fitness Dare to challenge ourselves to get more physically fit in 2020. One component of my plan is to work on some exercises inspired by Bruce Lee. The other part is to incorporate the yoga program developed by multiple time WWE Champion Diamond Dallas Page, called, coincidentally enough, DDP Yoga. DDP created DDP Yoga after he ruptured his L4…
The Rampant Discourse Fitness Dare
A change in years always brings about a wave of resolutions. A change in decade has many people even more focused on change. And many people resolve to increase their exercise and improve their diet. But most people fall short. It’s very easy to slip out of an exercise routine when “real life” makes it inconvenient to work out. One reason so many fail in their fitness goals, at any…
Ruminations on the Future of Video Games
Video games are a big deal. In fact, I’ll bet they’re a bigger deal than you realize. It’s always tricky comparing the size of different industries, but at this point it feels pretty safe saying that the video game industry is bigger than the movie and music industries combined, and the gap is projected to only increase in the coming years. Major esports events already draw more viewers than the Super Bowl. Read Dead Redemption 2 had a bigger opening weekend of sales than Avengers: Infinity War (although that record was later smashed by Avengers: Endgame). Netflix (NFLX) considers Fortnite to be a bigger competitor than HBO and Activision Blizzard (ATVI) spent more money to acquire the maker of Candy Crush than Disney (DIS) spent to acquire the Star Wars franchise.
Penny Invests
I wrote a book! Okay, so it’s a children’s book, but still… I wrote a book! It’s called Penny Invests, and it’s a picture book aimed at children to try to teach a little bit about the basics of investing in a humorous and lighthearted way.
The Freedom Portfolio – October 2019
It’s the one year anniversary of Paul vs the Market and the Freedom Portfolio! I just wish it could’ve coincided with a better performing quarter. The third quarter of 2019 was brutal, and saw the Freedom Portfolio essentially give back all of the gains from the 2nd quarter. The Freedom Portfolio was down 10.5% for the quarter, compared to the S&P being up around 1.7%. I’m still up versus the market year-to-date 22.9% to 20.5%, but am now back to losing to the market since inception (October of 2018) -4.1% to 3.9%.
Reflections on a Week Spent at Disney World
My family recently returned from a week spent at Disney World, so I figured I would combine my thoughts on our experience with some opining on why Disney is one of the larger positions in the Freedom Portfolio.
The Rampant Discourse Podcast: Episode 21 – Parenting and Gaming
Join the Rampant Discourse crew as we discuss the intersection of gaming and parenting. What games do we allow our kids to play? Which games do we encourage them to play? Which games are we hoping to play with them in the future? Do we let our kids win occasionally? Do we crush them mercilessly? Or do we legitimately lose to them already? Listen to find out!