A List of 27 Asymmetric Stocks
The SCRai Update - Five new positions added
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The reality of concentrated investing is simple: you find far more exceptional opportunities than any single portfolio can hold.
The Schwar Capital Research Asymmetry Index (SCRai) captures these opportunities.
Each one reflects what I view as an asymmetric setup - though not necessarily suitable for my current portfolio at this moment.
Performance:
The SCRai is down -1.43% since inception, compared with the S&P 500’s 0.27% rise.
Here are the updated average statistics of the companies in the Index.
Forward PEs are compressing significantly as earnings growth accelerates, with returns on invested capital over 20% on average and nearly 20% revenue growth over the trailing twelve months.
These are averages, naturally. Individual companies may skew the figures.
But the premise holds: quality businesses, growing earnings and revenue at a strong clip, recently hammered.
All of which, we think, creates an asymmetric setup.
Updates:
We have added five positions to the index this week:
WISE
NWL
VINP
PAX
TEA
The Full Index - 27 Positions
The SCRai tracks businesses I believe exhibit asymmetric characteristics: quality companies with strong unit economics, growing earnings, and valuations that appear compressed relative to their fundamentals.
These aren’t recommendations - they’re ideas.
A research shortlist for investors who want to do their own work on businesses that meet a specific set of criteria.
Paid subscribers get access to the full index, updated weekly, with transparent tracking of each position.