KL Investment

This wikifolio is intendedly based on a relative approach, which generally involves comparing the performance of a portfolio with a benchmark or market index, such as the S&P 500, to determine if the portfolio is outperforming or underperforming. The goal of this approach is supposed to achieve returns that are higher than the benchmark but with less risk. This philosophy should be the underlying one for this wikifolio. Investment decisions should be made based on the relative strength or weakness of different sectors, industries, or individual securities, compared to the benchmark. This approach may also involve active selection, with frequent adjustments made to the wikifolio to capitalize on market trends and minimize exposure to underperforming assets. Based on the tradingidea, the investment horizon would usually be long-term. And it should be reviewed quarterly. The optimization process normally takes part in the reviewing work. Some stocks in the wikifolio are usually adjusted to their weight or replaced by other high-expected return stocks. The others are on the waiting list which is sorted by some criteria such as sector (by analysis of macro economy), potentially increasing revenues (by a business plan), price per book value ( in a range from 1-3 times), price per earning (below 20 times), credit rating (higher than BB).