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ThumbTack Fund Report 2 – Dancing Between The Raindrops (Guest Post)

ThumbTack Fund Report 2 – Dancing Between The Raindrops (Guest Post)

 Part 2 Of My Fund Report

Four steps to follow while investing during a pandemic

This post was originally posted here. The writer, ThumbTack Investor is a veteran community member and blogger on InvestingNote, with a username known as @ThumbTack Investor and has 3610 followers.

Fund Report part2; S&P weakened considerably since the inaugural TTF’s 1st report on the 28th Aug:

That’s exactly what I’ve been doing in September.

I’ve managed to dance between the raindrops in the past month or so, as TTF continued to grow strongly, largely on the backs of just a couple of nicely timed positions.

1 of which is to enter into long positions in BBBY just the week before earnings release:

Time for some numbers:

TTF fund cumulative money weighted return since inception in Feb 2020: +25.66%, YTD returns: +25.45%

Total deposits: USD 165,913.77

Current NAV: USD 194,405.75

Quantum gain: USD 28,491.98

This compares favorably with the 3 benchmarks I use:

I’m pleased with how TTF managed to dance between the raindrops, bucking the trend and adding further gains in a volatile September, from a YTD return of +15.46% to the current +25.45%, adding 9.99% to the returns in September alone.

Since the last report about a month ago, SPY has dropped 2.32%, reflecting the correction in tech in September. VT has dropped 1.3% YTD, tracking the decline in S&P.

STI has remained fairly “resilient” by dropping only 0.43% in September, but then again, a -20.85% YTD return is scant comfort. I guess GOT wisdom applies here: “What is dead, may never die!”

TTF’s top 5 generals is a highly coveted list… and truth be told, I’m surprised that I’ve made changes to the 5 names more frequently than I expected to when I started in Feb.


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