Portfolio Shuffle 2025

What I sold, bought and trade in and out in 2025

This post is long overdue. I am capturing what I bought, I sold and trade in and out in 2025 to keep a record of my move. I would like to review these moves in 3, 5 or 10 years. You can tag along.

The article constitutes my personal views and is for entertainment purposes only. The main goal of this article is to log my personal views. Nothing in this article or these posts in this blog should constitute an investment advice. The projections and estimates provided here should be considered as purely speculative. Do your own model and projections. Please refer to the disclaimer at the end of this article for more details.

Full Exits or Large sales

At the beginning of the year, I sold long time 2009 holding Intuitive surgical as it was trading at more than 100x earnings. Did the same with 2018 Trade desk which was also trading at the same level. To my regret, I fully exited Tonnellerie Francois Freres at a loss after going through the January report and the way they buildup the inventory and debt and made late cycle over-investment in these difficult time. I also sold the vast majority of my Amazon shares at it was trading at 40x earnings and I was seeing a lot of head winds this year (tariff, labors issues) and mistrust of the new CEO (Andy Jassy).

The current state of the top 15 positions is avaliable in this link:

First Half Buys

With the proceeds, in the first half of 2025, I made significant purchases in Bombardier, Google, LVMH, Eurokai and Rolls Royce, this is rank in order of importance.

The following posts for the rationale:

On Bombardier:

On Google when it was trading at 150$:

On LVMH when it was trading at 495

Eurokai has been extensively covered by

Memyselfandi007

Eurokai post from MemyselfandI

For more background on my first 100 bagger you can also check this Q&A post:

The anatomy of a 100 bagger

Second half 2025 Buys

Very recently, I decided to pull the trigger on two spirits company: Pernod Ricard and Cuervo.

I made the following posts related to these stocks:

Trade in Trade out

I made a few not very smart move along the way: I bought into legacy fintech Fiserv hold it for about a month with a loss but thankfully avoided the October fallout.

I went all in in Net Net Kikukawa thinking I could take a few % of the stocks and start convincing the management to do massive buyback. I decided to exit as this is not my cup of tea.

I also bought a lot of Synopsis at 382$ to exit when it rebounded to 450-460$ level as I dont want to be overexposed to AI bubble.

2025 will close in 2 months, time to rest and let the companies do the hard work for the rest of the year. Bombardier will publish its Q3 results Thursday.

Disclaimer: The above article constitutes my or the authors’ personal views and is for entertainment purposes only. It is not to be construed as financial advice in any shape or form. Please do your own research and seek your own advice from a qualified financial advisor. I / The authors may from time to time hold positions in the aforementioned stocks consistent with the views and opinions expressed in this article. The information provided in this article is not making promises, or guarantees regarding the accuracy of information supplied, nor that you guarantee for the completeness of the information here. The information in this article is opinion-based and that these opinions do not reflect the ideas, ideologies, or points of view of any organization the authors may be potentially affiliated with. The authors reserve the right to change the content of this blog or the above article. The performance represented is historical” and that “past performance is not a reliable indicator of future results and investors may not recover the full amount invested.