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Portfolio Change - 12/09/2025

Deep Dives

Explore related topics with these Wikipedia articles, rewritten for enjoyable reading:

  • Modern portfolio theory 11 min read

    Portfolio allocation decisions are grounded in MPT's framework of risk-return optimization developed by Harry Markowitz, providing theoretical context for rebalancing decisions

  • Efficient-market hypothesis 14 min read

    Active portfolio management decisions implicitly take a stance on market efficiency; understanding EMH provides context for why some investors believe they can outperform through stock selection

Note: Review all prior portfolio changes at the TSOH tab on the website

I have decided to make a TSOH portfolio change, which will be completed tomorrow morning. This was the portfolio allocation as of today’s close:

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