07/01/2026
For Portfolio IV
Cadence Design System Inc (CDNS), Synopsys Inc (SNPS), SpaceX (SPCX)
Reduce 50% of current holdings for both CDNS and SNPS in Portfolio IV.
Add some position for SpaceX IPO
AI impact still affects market performance for software service company.
Speculation on SpaceX
AI impact on software service company still in a stage of uncertain. AI effectiveness on software service development has been evidenced; however, on enterprise user side has a new development, cost of using AI from AI providers. There are reports that indicates American corporations concern the cost of utilization for companies' function. Therefore, the development of AI companies and users should be under observation. Another aspect worth of notice are high valuation in market place.
That is one of main reason for the decision to reduce investment on software service companies. From historical point of view, today's market has been reaching pre-dot.com bubble arena. For the defence to high valuation, it is preferred to reduce the size of investment from time to time unless corporation's earning can fast catch up to make valuation to a more reasonable level.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.
09/15/2025
For Portfolio II, IV
SolarEdge Technologies (SEDG), Cadence Design Systems (CDNS), Synopsys Inc (SNPS), NVIDIA Inc (NVDA), Netflix (NFLX).
Reduce the position of SolarEdge 70% for both portfolios
Reduce the position 50% for Cadence Design Systems, Synopsys Inc, NVIDIA Inc and Netflix Inc for both portfolios
Adjustment for the position of investment
Taking some profit and reducing the exposure of downside risk for SolarEdge is a sound idea now due to the geopolitical tension and slower improvement in operating cash flow.
50% of investment reduction for above mentioned securities are related to following reasons:
Higher stock market valuation comparing to a potential slower economic growth on business and jobs.
Tension and uncertainty on global economy, especially in Asia.
Create larger pool of fund for raining days.
This is not a fair valued stock market.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.
07/03/2025
For Portfolio II, IV
Synopsys (SNPS), Cadence Design Systems (CDNS)
Invest additional 2% for both companies in Portfolio II & IV
For long term
The reason of increasing investment in SNPS and CDNS is the policy for IC restriction is clearer now.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.
06/10/2025
For Portfolio II, III, IV
Initial an investment of 2% of the Portfolios for Cadence Design Systems (CDNS) and Synopsys Inc (SNPS).
For long term and medium term investment
From daily life to industrial utility, ICs and electronics have been here for more than half of century. In the foreseeable future, utilization of semiconductors is going to be ubiquitous more than ever. From more recent fever of AI development to futuristic robotics, data centers also will be required to pack with more advanced, higher speed equipment. Therefore, semiconductor designers and manufacturing and systems developers have to advance their technologies and products to compete.
Cadence Design Systems and Synopsys are here to help businesses who develop, manufacture semiconductors and create, maintain systems. Both companies compete each other and they are major leaders in developing their software platform which provide tools for design, creation, manufacturing semiconductors and systems.
They are like the picks and shovels providers in gold rush. Cadence Design and Synopsys have been in business before dotcom bubble, but the acceleration of ICs and electronics development has given both companies a great deal of importance in this technology development era. And so far, both companies are in the equal footing in business competition. Equal weight of investment seems a right choice.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.