Paid subscribers to Jonah’s Growth Stock Deep Dives receive ~2 deep dives per month (8,000+ words), ~2 mini deep dives per month (2,000+ words) and quarterly earnings commentary on most of my portfolio companies plus access to my investment portfolio (up +143% YTD in 2024, up +134% in 2023 and up +2,450% since January 2020) with real-time activity, notes/commentary and charts throughout the day.
My investment strategy is pretty simple. I want to own 20-30 high-quality growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling I will trim or sell my position. If the fundamentals remain strong and valuation remains reasonable then I’ll add on pullbacks. I only want to own stocks that have at least 50% upside within the next 1-2 years and at least 100% upside within the next 3-4 years. If I buy stocks that are too expensive, the fundamentals aren’t good enough or my investment thesis is flawed — then I’ll never hit my investment targets. My objective is to maximize performance in good markets and minimize losses in bad markets. I accomplish this by being very selective in what I own but also using technical analysis and hedges to protect my portfolio in market downturns.
CPNG Q1 earnings report:
CPNG Q1 earnings webcast: https://www.veracast.com/webcasts/coupang/webcasts/CPNG1Q24.cfm
CPNG Q1 webcast transcript: https://s27.q4cdn.com/765243554/files/doc_financials/2024/q1/Q1-2024-Earnings-Transcript_Final.pdf
CPNG Q1 earnings presentation: https://s27.q4cdn.com/765243554/files/doc_financials/2024/q1/1Q24-Earnings-Presentation_F.pdf