Subject: Re: o/t, but it has been discussed here
Interesting portfolio. Strategy seems to be to hold the best stocks in a particular industry, eg UAL (United) and DAL (Delta) rather than SAVE (Spirit Airlines) or RCL (Royal Caribbean) instead of CCL (Carnival) or NCLH (Norwegian). Credit card companies and insurance, not banks.

The industries themselves are in ho-hum and cyclical sectors. Lots of industrials and financials. I don't love it.