My first pick in 2016 was Ellie Mae and while it didn’t win it still did well. Last year I went with TripAdvisor which didn’t have such a hot year. This year I called out Twitter as my idea to beat and so far it’s having a great year.
The important part to note with all three (and any future) picks is that while I’m picking them for a one-year contest, I’m also picking them as businesses I like well beyond just a year. Anyone who knows me knows I invest with a longer timeframe in mind and these are businesses that I think have the potential to do well for years to come. With that in mind I’ll be keeping track of the portfolio’s performance over time for posterity. Below is a snapshot of how the portfolio is performing to date:
*DIsclosure: At the time of writing I hold shares of ELLI, TRIP & TWTR in my personal portfolio.