The Swan Select Portfolio: Soaring into 2025

Market Leaders & Hidden Gems: A Balanced 10-Stock Portfolio

Happy New Year everyone! I first wanted to thank all the readers who have taken an interest and especially those who have subscribed to this newsletter as it’s starting out. I really appreciate it!

We’ve now been running for over a month! During this time, we’ve highlighted a few great individual investment for discussion. To start off the new year, I wanted to put together a portfolio of core holdings to better track how these companies perform as a unit. We’ll call this the 2025 Swan Select Portfolio and I plan to revisit the portfolio periodically in this newsletter

It’s a particularly interesting time to start a new portfolio with markets at frothy valuation levels and with Goldman Sachs predicting an annualized return of only 3% in the S&P500 over the next decade. Increasingly, we’re seeing questions on whether it’s better to sit out and wait for a pullback. At times like this, I’m reminded of the words of billionaire investor, Kenneth Fisher, who said “Time in the market beats timing the market”. In fact, in times like this, when the bull market is no longer assured, it’s even more important that we are disciplined and choose individual stocks carefully.

This portfolio is intended to be a concentrated portfolio of only 10 stocks from great companies bought under good valuation that I hope will outperform the overall market. After all, that’s the goal of every investor who spends time investing in individual stocks. Each stock selected here has been evaluated against my investment criteria. For a reminder of what those are, take a look at

My criteria for evaluating investments

Even though we’ve concentrated to only 10 stocks, the selection of these 10 were made with many consideration to perform as a unit diversifying across sectors, market cap, and includes international exposure. I plan to start the 2025 Swan Select Portfolio with $100,000 equally distributed across these 10 stocks:

1. Uber:

2. Lantheus:

3. Tenet Healthcare:

4. Valero:

5. Chubb:

6. Amazon: (updated 1/3/2025)

7. Paypal: (updated 1/16/2025)

8. Alibaba: (updated 1/9/2025)

9. Alphabet - Coming soon…

10. Qualcomm - Coming soon…

As always, the most important aspect of looking at investments is the “Why” behind each choice and not the “What”. That’s why I’ve added the individual investment thesis for the first 5 previously posted here with links above. I intend to post the others over the next coming months. We’ll keep this post short since much of the groundwork to this portfolio has been laid out in previous posts.

If you want to stay up to date with changes to this portfolio throughout the year, please subscribe for free below. Here’s to a great 2025!

Disclaimer: Any information contained here is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and this is only a documentation of my personal investment journey and decisions. You should always do your own research before making any final decision on investments.