Investing in US initial public offerings (IPOs) and Secondary Shares we believe in.
We closely follow the companies in whose technology, business and future we believe. We invest at the IPO stage or at the point where the share price reaches interesting price levels for us. Our investment period lasts up to 2 years.
The stock market saw significant instability in 2022, as the S&P index plummeted between 4800 and 3500, and the Nasdaq dropped from 15,900 to 10,100. The market was highly unpredictable and volatile.
By December 31st, 2022, B1MARS had experienced an approximate 25% decrease in its portfolio compared to the portfolio value on December 31st, 2021.
We don't view the decrease in portfolio as a loss. In light of the anticipated uncertainty in 2022, a decision was made at the end of 2021 to reduce the portfolio and maintain a level that would not surpass the earnings from 2020 and 2021. Over a three-year period, including 2020, 2021, and 2022, B1MARS generated a favorable ROI of approximately 30% per annum.
There is no point in uploading a list of deals made during the year, as there were numerous deals and the approach differed from the approach in 2021. Most of the positions were "averaged" over the course of the year and will only be sold in the bull market in January 2023.
Number of deals in which we participated
Average return, per annum
Number of deals in which we participated
Average return, per annum