When is it smarter to hold cash?
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On 3rd March, I made a difficult decision. I sold every single stock in the North Tech 15 portfolio. Since we launched on 24th August, the portfolio has gained 47.62%, significantly outperforming the S&P 500’s 25.52%. While it is tempting to stay invested during a run like that, the growing uncertainty in the Middle East gave me pause. Today, the index is already down nearly 3.5% from that peak. In my latest post, I explain why I believe protecting these gains is more important than chasing the final few percent of a rally. I also outline the specific triggers I am watching before I put this "dry powder" back to work. To clear thinking, David Thomas Founder, North Tech Capital P.S. For those who want to see the specific liquidation alerts and the logic behind each move, we explore this thinking more fully within the North Tech 15 community: view the portfolio |
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