Transaction log

  • May 16, 2022 - Bought 25 @ $22.37 (0.35% wtg, opportunistic)

  • Dec 13, 2024 - Sold 25 @ $23.60 (closed, 0% wtg)

Performance

  • Total return = +5.50%

  • Coffee Can contribution = +0.03%

Asana

Location: San Francisco, California

 

Profile

Industry: Software - application

Sector: Technology

Theme: Location independence, gig economy

3 3/4-Year shareholder growth: +24.7%/year

Estimated fair value: $16

Valuation assumption: 10 x annual R&D

History
Adding 3 Chinese growth stocks to the model portfolio
Adding 3 Chinese growth stocks to the model portfolio

Adding Xiaomi, Atour Lifestyle Holdings and PDD Holdings. [trades]

Buying 8 new stocks with a growth emphasis
Buying 8 new stocks with a growth emphasis

Negatives: recession on the way, big tech stocks still not cheap. Positives: bearish sentiment, lots of selling pressure below the surface. How these countervailing forces resolve themselves is an open question, but many high quality growth stocks are reasonably priced. [trades]