EXITED

Exiting IBM

> What it did to the book

Holding Weight before Weight after
IBM · International Business Machines 7.9%

IBM played out nicely with the Quantum hype and I might enter again later, but I find the overall package no longer that attractive.

> How this has aged

Total return from Mar 31, 2025 to Aug 11, 2026. Computed from prices after the fact, not self-reported.

Holding Since FTSE All-World
International Business Machines −10.1% +30.0%
Book since
+38.0%
FTSE All-World since
+30.0%

> Comments