Sabre Arc Capital March 2024 Portfolio Review

March 2024 - $1,024,361

It is said that if you don't know who you are, the stock market is an expensive place to find out. I have been on my investing journey for almost a decade, and only in the last couple of years have I begun to understand myself better. Experience is the best teacher in this money game, and I am becoming aware of my limitations, given the lack of it. This is why I started Becoming Berkshire; as a student of this game, I want to experience financial history through the eyes of Buffett and Munger as they built Berkshire Hathaway. Ideally, I would love to be a full-time fund manager and devote my days to reading annual reports, listening to earnings calls, and reflecting on financial data. Still, unfortunately, as a husband and father of two young children, I require a full-time job. The moment will come, but I must manage in the meantime.

I want to use these monthly updates to reflect on my decisions as a fund manager. I am learning to balance protecting and compounding our capital at rates above the market. This fund has grown from $1K to $1 Million, but I have had several missteps along the way. What does a millennial know about Mr. Market's manic-depressive moods, anyhow? Our generation will be ill-equipped to deal with long stretches of bear markets. However, I am doing my best to relive these moments as I write about Berkshire Hathaway and apply what I have learned to Sabre Arc.