Handpicked

Mirrors the operator’s real portfolio as of the start on 28 July 2026: three shares held and two bets on falling prices, all five in equal parts. The list is reviewed once a year; in between, a share is only sold if our analyses turn it red. A holding our analyses rate red is not opened in the first place — not even when it is a bet on falling prices. The operator’s share counts are in the disclosure — this portfolio trades the same names, but with the same $100,000 as every other one.

This portfolio is mixed: some of its holdings are bought outright, for the rest it bets on falling prices — borrowing the share, selling it and buying it back later. Which direction applies to which stock is shown in the holdings and in the trade history below.