Selling Shopify for a 58% Gain

Quick note here. I’ll be selling Shopify today after the market opens.

Shopify is a fantastic company, but after a 58% gain over a very short period of time, it’s now trading ahead of where I would reasonably expect it to be in 2-3 years.

This will leave us with a roughly 11% cash position. I’ll cover my plans for the cash in a minute.

Here’s the current portfolio and details about why I’m selling Shopify