Coffee Can Portfolio - Week 9
Week 9 and we're already up 3.8%. This means nothing though. We're going to Week 520. For those who haven't read the earlier posts, we request you to read those first.
Our Coffee Can Portfolio is essentially settled right now. No new purchases to report. Let's get straight to it.
Let's look at our average price for each stock already purchased. No changes here. Just here for your reference.
We're holding off for the remaining investment to see if there's any fall in the market. The markets have moved a little bit away from our target price - but patience is key. We're not going to be swayed easily since we know this is a 10 year journey.
Let's see what our current portfolio value is:
Our portfolio is now up 3.8%. Bit of a slow burn this week. Weekly volatility means nothing to us though. We're here for the long haul.
Page Industries is starting to show large returns - Up 12.4%. Inox, PVR, Asian Paints, Dr. Lal Pathlabs and HDFC Bank all up between 5-9%.
The above chart will be updated weekly so that you can see the movements in price over time.
We'll keep updating the numbers as we make the actual investments in the coffee can portfolio. Stay tuned for Week 10!
Our investment rationale for investments in Page Industries, Nestle and Britannia is available here.
We've got a detailed article on Britannia coming this weekend! Sign up in the footer below to get early access!