The Snowball Model Portfolio is a hypothetical long-only global equity portfolio with concentrated positions (c.20-30 holdings) and a long-term time horizon. The portfolio aims to outperform the Vanguard Total World Stock Index, over the long term. We also adopt option selling strategies (i.e. selling covered calls and naked puts) to take advantage of volatility and time decay.
The portfolio seeks to invest in businesses with a durable economic moat, attractive unit economics, low capital intensity, significant reinvestment opportunities at a high ROIC, and have meaningful real option value. We prefer owner-operated businesses where key management holds a meaningful stake.
The Snowball Model Portfolio was incepted on 12 Jul 2021 with an initial invested capital of S$1,000,000.
The Snowball Crypto Watchlist seeks to identify crypto-assets with a large TAM, product-market fit, and a vibrant community. We prefer crypto-assets that possess attractive tokenomics with meaningful value accrual.
To view all of The Snowball Equity/Crypto positions and be alerted to new additions to the watchlist in near-real-time and the accompanying investment thesis, do consider being part of The Snowball Community.