Librarian Capital's Monthly Ranked Top Buys - September 2023

Portfolio Strategy

Introduction

This is the September edition of our "Monthly Ranked Top Buys“ series, designed to present a model portfolio based on a selection of our most-preferred stocks. Two months have lapsed since the last edition in July, and during this period we have continued our research and made several changes in our actual portfolios. The changes to the “Select 15” model portfolio outlined in this edition reflects what we have done in real life in recent months.

We have also modified the layout of this newsletter significantly, bringing it much closer to what we use in our actual portfolios. (The transition is incomplete as we are still backfilling past data.) This will allow us to use the same systems for everything and should ultimately be more efficient; we also hope the new format is more informative and user-friendly.

Performance Update

The “Select 15” model portfolio is currently up 17.5%. Beginning with a notional $1m at the start of 2023, its total value now stands at $1.175m, gaining…