Kurtis
Kurtis, a data analyst and a Stake Black member since 2021, currently has a single-stock portfolio. Check out what he's into.
Occupation: Data Operations Analyst
Location: Melbourne
Hobbies: I love field hockey and making my own cocktails. I focus mainly on rum and gin based cocktails, but I tend to be creative every now and then and see what works with what I have in the kitchen/bar.
What was your first investment on Stake?
Tesla. I find Tesla has a great mission in transitioning the world to sustainable energy, they have an amazing growth rate for their scale, and they frequently use software to maximise value for the business and their products.
How long have you been a Stake Black member for?
Since 2021.
In one sentence, define your investing style.
Dollar cost averaging for the long term.
What’s in your Stake portfolio right now?
Tesla Inc ($TSLA), previously National Australia Bank ($NAB), Sunoco LP ($SUN) & ARK Genomic Revolution Multi-Sector ETF ($ARKG) as well.
How are your returns so far?
About 25% in the red due to recession fears.
Any other investments that are not on Stake?
A few options trades here and there but nothing special.
What are you watching? Why?
In The Know by ARK Invest, to keep up to date with disruptive innovation, and a range of different animes to keep me entertained overall.
Do you have a trading or investing role model?
Cathie Wood is my investing role model because of her unique take on forecasting up-and-coming companies, as well as having a heavy focus on disruptive innovation. She uses physics and technological laws like Wright's Law to forecast technological growth.
What’s a piece of advice you’d give a newbie?
Lay out what goals you want to achieve through investing and how much time you're willing to wait for those goals to pan out. Also consider companies that you love because then keeping up to date with them won't seem like a chore.
What’s one mistake you’ve made and what did you learn from it?
I started my first investment through options trades and lost the majority of my money, so I learnt to stick with non-leveraged positions for the majority of my portfolio to manage risk.
If you were to buy a U.S. or ASX stock or ETF right now, what would you buy? Why?
Tesla Inc ($TSLA) stock. The mission is something that I greatly support and the stock itself is heavily oversold in my opinion compared to the potential that the company has.
The personal views in this article do not reflect the views of Stake and do not constitute financial advice.