How I Returned 95% in 2025 (Portfolio Strategy and Update) | Ep. 1

📈 2025 Portfolio Performance

• 🚀 The investor achieved an impressive 95% return in 2025, significantly outperforming the market.
• 📊 This performance compares to the S&P's 23% and QQQ's 30% returns, demonstrating approximately 70% outperformance.
• 💡 The video aims to share the strategy and process that contributed to this early success, acknowledging it's not yet long-term outperformance.

🧠 Combating Cognitive Biases

• 💡 A core part of the strategy involves combating cognitive biases like confirmation bias and anchoring bias.
• 📚 The investor references Daniel Kahneman's "Thinking Fast and Slow" and insights from legendary investor Seth Klarman on human psychology in investing.
• 🎯 The goal is to invert thinking and actively poke holes in one's own investment thesis to avoid common psychological pitfalls.

🛠️ Investment Process & Tools

• 📝 The investor utilizes Obsidian as a knowledge management system to organize notes, investment philosophy, and thesis.
• 🔍 This "second brain" serves as a friction point against biases, helping to track knowledge and cross-reference ideas.
• ✅ A checklist is used to ensure financial health, understand the business, and build high conviction before making investments.

💰 Current Portfolio Holdings

• 🌐 The portfolio is primarily concentrated in Google, considered a core long-term holding due to its valuation and potential as an AI boom beneficiary.
• 💳 A more recent investment is in Mastercard, chosen for its wide economic moat and relative cheapness after being flat in 2025.
• ⚠️ The investor acknowledges the concentration risk but emphasizes investing in high-quality compounders and not being anchored to past successes.

🛡️ Core Investment Principles

• 📉 Margin of safety is a key value investing principle, focusing on buying assets at a discount with conservative assumptions.
• 🏰 Identifying strong economic moats is crucial for long-term business survival, pricing power, and protection from competition.
• 🤝 Management alignment and efficient capital allocation (e.g., Return on Invested Capital) are vital for shareholder value creation.