Current Holdings 2020

I have updated my current holdings 2020 of investments. This is not a list of companies with the best environmental, social, and governance practices. Although, if you know where these companies fall short, I would appreciate it if you would drop me a line so that I can advocate for reform or perhaps drop my investments, as I have largely done with coal and oil companies. I also appreciate tips from readers on companies with good corporate governance practices as well as those with good potential needing reform. Disclosures are updated periodically but not on a set regular schedule. I look forward to collaborating with other shareholders, where mutually advantageous.

Most recent additions to current holdings 2020 are: BP, DIS, HAIN, MAXR, MBII, NFLX, NTLA, PINS, SQ, VTIQ, XLNX. BP was the most difficult buy for me. I felt burned by BP before with their PR campaign, beyond petroleum. With Jeff Ubben’s involvement, I am hopeful he will push them into transition mode. See ValueAct’s Jeffrey Ubben buys BP and says oil company can be ‘part of the solution’ and BP sets net zero ambition and outlines a fundamental reorganization of the company. Maybe owning a very small amount of the company will encourage me to continue to monitor the industry, which I hope will end up mostly with oil as a stranded asset.

I expect we are heading into a recession, the first I can remember based on an infectious disease. Even though we have the world’s most advanced medicine, the coronavirus could take more of a tool to our economy. 44% of all U.S. workers earn barely enough to live on, a Brookings Institution study found in January. Many cannot afford to take time off from work, even if they are sick. Corporate America is more heavily indebted than ever before, due to years of record-low interest rates and increased borrowing. Unlike the financial crisis, this recession will not be largely concentrated in a single industry.

Current holdings 2020, March 9, 2019. The publisher held a financial interest in the following companies (ordered by symbol) and funds (some in multiple accounts), as the Employee Ownership Index through motif, YourStake.org, Parnassus and an affiliate of Lawndale Capital Management: