What a difference an year makes.
2017 was relatively uneventful from the point of view of buying stocks for the long term. I started that year with a 16% cash position, which subsequently ballooned to 38%, as I sold more positions than I bought.
2018 has been much more interesting. In spite of contributing substantial amounts of new funds, the cash position is down to 24%. About half that position is tied up in CSPs, so it is quite likely that my true cash position is sub-20%.
I’ve established 3 new 4-6% positions: CHTR (4%), FB (4.2%), and Tencent/JD (5.4%). I also increased by Berkshire position by 35% (~$190), and my position in Colfax by 50%. I am not sure if the latter was a good idea
I sold off the last bits of Under Armour, Cisco, and George Risk that remained.