Had an update I wanted to share before the weekend.
The Weighted Portfolio
Position | Weight | Cost Basis | Current Value | Total Return |
|---|---|---|---|---|
CRM | 9.8% | $952.51 | $982.14 | +3.1% |
LEN | 0.84% | $88.79 | $84.25 | -5.1% |
Cash | 89.36% | — | — | — |
Total ($10K basis) | 100% | $10,000 | $10,025.10 | +0.25% |
(Cash and Total positions assume cash held flat at $8,958.71 (89.36% of $10,025.10) with no yield applied. CRM and LEN dollar figures reflect actual shares held, with approximate intraday prices.)
CRM (Salesforce) — Added a second tranche at a cost of $155.88 each, lowering my blended cost basis down to $158.75 from $173.08 in June.
This was the small-add leg of a two-tier plan: add at ~$154, load up fully at ≤$145. $155.88 was close enough to trip the first trigger, but the second one's still waiting.
Worth naming directly: I decided to add now because I didn’t want a repeat of what happened in June where I missed entering at ~$150 because it wasn’t close enough to my $145 trigger.
Part of a position beats none of one.
LEN (Lennar) — No change this update. The price is still sitting near the 52-week low. Thesis is unchanged. Holding size intentionally small until that catalyst shows up or the price offers a better entry.
The Ledger
Ticker | Entry Date | Entry Price | Current Price | Return |
|---|---|---|---|---|
CRM | June 10, 2026 | $173.08 | $163.69 | -5.43% |
LEN | June 22, 2026 | $88.79 | $84.25 | -5.11% |
CRM | July 23, 2026 | $155.88 | $163.69 | +5.01% |
New line for the new tranche, per the rule — this ledger only grows, nothing gets edited after the fact.
What's Next
CRM's next real catalyst is the September 2 earnings print. Thesis-break conditions haven't moved.
Full deep dive on MSFT — no position, just watching — is up next in the regular lineup.
Happy investing.
