Coffee Can Next, Final Purchase: Ethereum

May 28, 2024

FYI, I bought ETHE last Friday, so just wanted to mention that.

I haven’t had a chance to write up my investment thoughts, but I hope to share that here in the coming weeks.

It’s frustrating that Ethereum ran up so much recently, before our purchase, but nonetheless, I still believe it represents a good opportunity over the next 3-5 years.

Alright, that completes our 5-stock Coffee Can:

Recall, our Coffee Can Rules were as follows:

  • Build a coffee can by mid 2024.

  • It was to have 5-6 investments (I decided to stick to 5).

  • All purchases are to be held for a minimum 3-5 years.

  • And our goal is to outperform the SPY during our holding period.

Now that the Coffee Can has been finalized, all we have to do is wait…

Here are the results to date:

If you’re new here, I am a fan of the Coffee Can Portfolio, an “Active Passive” approach to investing. The idea of a Coffee Can is simple: Buy a basket of the best stocks you can and let them sit for years. You incur no costs with such a portfolio, and it is simple to manage.

If you’re not a subscriber, but want to learn how to Invest Like a VC in the Stock Market, and find stocks that can double, triple, or more, then Playing for Doubles is for you.

Join me as I search for these stocks, and help you to find your own.