Librarian Capital's Monthly Ranked Top Buys (November 2024)

Portfolio Strategy: Our "Select 15" portfolio is currently up 39.6% since the start of 2023. We exit one holding to bring back another.

Introduction

We continue our "Monthly Ranked Top Buys“ series, intended to present a model portfolio to showcase our most-preferred stocks and to quantify our view of each stock’s relative attractiveness. We call this portfolio “Select 15”, and it closely resembles how we manage capital in real life, including more than 80% of our personal assets.

“Select 15” lost 3.0% in October, taking our year-to-date total gain to 12.4% as of the end of October:

The portfolio has regained 0.7% during November 1-25. As of November 25, our model portfolio has gained 39.6% since its inception. Beginning with a notional $1m at the start of 2023, it is now worth $1.40m after less than 2 years:

As before, our returns are good in absolute terms, but behind the MSCI World (our benchmark) in relative terms.

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