As we reflect on the third quarter of 2024, Middle Coast Investing’s performance was a mixed bag. While our portfolios experienced growth, they trailed behind the broader market indices and our key benchmarks, including the Russell 2000. This underperformance comes on the heels of my previous commentary on the Russell 2000.
As a disclosure, I hold long positions in various stocks, including AAPL, AMZN, PGR, ACLS, OMAB, DFS, FG, AVGO, FCNCA, AER, ATKR, LULU, BKNG, VMEO, SCHW, APOG, ABM, BOOM, JPM, HSY, TRV, DALN, ATRO, and ADM, through a combination of stock ownership, options, and derivatives. Conversely, I maintain a short position in KRUS.
It’s essential to note that my opinions are my own and do not constitute investment advice. Investing inherently carries risk, and any decisions made should be done so after consulting with a financial advisor or at your own discretion. Past performance is not indicative of future results, and it’s crucial to approach investing with a clear understanding of the risks involved.
For transparency, our full performance disclosures can be accessed at https://middlecoastinvesting.com/performance-disclosures/.
Leave a Reply