• Posts
  • Portfolio Changes: What Happened in March 👀

Portfolio Changes: What Happened in March 👀

Genevieve Roch-Decter's Corner


Happy Easter (to all who celebrate!) 🐣 

This newsletter is new! I, (Genevieve Roch-Decter), will send new monthly newsletters breaking down my thoughts on the hot news of the week, my portfolio changes, and the rationale behind my buys and sells. This is the first edition! 💪

What a week, a month, and a quarter it's been!

S&P 500, DOW, and NASDAQ all hit RECORD HIGHS! 🚀 🎉

Thanks, Jerome!

Let’s get into it….

Here’s what happened this week: 👇

- Bitcoin up +5% AND back to +$70,000

- Cathie Wood says the price of bitcoin could reach +$3.8 million

-Baltimore Key Bridge collapse disrupts nation's most significant auto traffic. With +$80B annual trade, each day closed costs $217 million in dock traffic

- The price of cocoa was +250% last year as we headed into peak chocolate season Easter!

- Trump Media skyrockets +58% post-SPAC merger debut. The potential value of Trump's shares +$6.2 billion

- Larry Fink, the CEO of the world’s largest money manager, BlackRock, says U.S debt at “very dangerous” levels

- US federal debt is rising by $1 trillion every 90 days right now

- Amazon invests additional +$2.75B in AI startup Anthropic (total +$4B invested, most significant outside investment ever)

- Canada Goose cuts 17% of corporate roles. Stock down -75% over the last five years

- Insider selling in tech stocks hits highest in 3 years

- Over +50,000 tech industry workers have been laid off in 2024

- Visa & Mastercard reach +$30B swipe-fee deal (one of the most significant antitrust settlements ever)

- Fidelity files for spot Ethereum ETF

- Boeing CEO announces stepping down at end of 2024

- New home prices in the U.S. are down -20% from highs. Officially in bear territory. Falling at a faster rate than even 2008 (according to Reventure)

- The world is using more oil than ever, and demand is outpacing expectations again this year

- FTX founder sentenced to 25 years in prison

- FED preferred inflation measure (PCE inflation) up +2.5% YoY (in line with expectations)

- Fitch warns plunge in US office values could match or exceed 2008's real-estate collapse

- Reddit insiders selling stock after the IPO. CEO sold $16 million, CTO sold $6 million and COO sold $16 million

- Gold hits new record high

- Larry Fink publishes Annual Letter to Shareholders (highly recommend reading it here!)

Now, let’s get into MY PORTFOLIO! 📊


I added to the following positions:

  • Apple (AAPL-US)

  • Google (GOOG-US)

  • Brookfield Asset Management (BAM-US)

  • Visa (V-US)

  • Descartes Systems (DSG-T) 

MARCH (and Q1 2024) THOUGHTS 🤔 💭

What an unbelievable start to the year for the S&P 500 (+10.16%) and NASDAQ  (+9.11%).

This is the 14th-best start to a year, going back to 1928!

Subscribe to GRIT VIP to read the rest.

Become a paying subscriber of GRIT VIP to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
DAILY NEWSLETTER AD-FREE – Daily GRIT takes about what is going on in the finance world with no ads (24 total newsletters per month)
RESEARCH – Monthly deep-dives into our TOP stock ideas and weekly VIP newsletters with Genevieve and Matt Allen's weekly reviews
RESOURCES - 9,000+ pages of investment resources for beginners and advanced investors to accelerate your portfolio
PORTFOLIO ACCESS – Access to Genevieve Roch-Decter, Warren Buffet, Bill Ackman, and over half a dozen other billionaire and professional investors’ LIVE portfolios

Join the conversation

or to participate.