Finch Trade:

Relay Therapeutics

$RLAY

Active
Active
Principal
$2,500
Cost Basis
$4.45
Shares
562.4
Last Share Price
$7.43
Last Value
$4,179
Percent Gain
67.2%
$ Change
$1,679
Category
Future Compounder

53.0%

vs. S&P 500

47.0%

vs. Nasdaq 100

43.2%

vs. XBI

48.8%

vs. ARKG
As of market close
January 23, 2026
An icon graphic showing Gouldy the Finch sliding around on an upside down Izzy the Tortoise.

Allocation Category:

Future Compounder

An Opportunistic investment is one that rewards you for paying attention. It could be a data readout or quarterly business update that the rest of the market is likely to be overlooking. These investments are inherently short-term in nature, which can deliver meaty chunks of outperformance -- if you're right. When you're wrong, your hopes and dreams will rediscover gravity uncomfortably quickly.

As a rule, I only put money to work in an Opportunistic investment if I have strong conviction in realizing a double-digit return. These aren't coin flips. More important, I set strict exit levels. That means I'm happy to sell at a gain of 10% no questions asked and no getting cutesy (getting cute = "yeah, well maybe 15% now"). We've all been there. But that's the other part of identifying a quick opportunity: emotionless selling so you don't f*nch up the win.

An icon graphic of Izzy the Tortoise.

Allocation Category:

Future Compounder

A Current Compounder is a lower-risk investment. These aren't precommercial drug developers endlessly burning through cash. These are picks and shovels providers, diagnostics companies, or commercial-stage drug developers. They have operating cash flow and are near or at profitable operations. I don't expect Current Compounders to drive my portfolio's returns, but they provide protection against volatility. These are the dad sneakers of investing. Pragmatic, not flashy.

Your allocation to Current Compounder positions depends on your age, your conviction in each opportunity, and maybe even the individual portfolio itself. However, the finch recommends that even aggressive portfolios include an allocation of at least 20% to stable-and-steady businesses. Who knows, if you're lucky, businesses with healthy operations are usually above-average acquisition targets.

Allocation Category:

Future Compounder

A Future Compounder is a higher-risk investment with the potential for a higher future return. That's how you envision it in your head anyway. But when you buy the damn thing there's more statistical fog, eye squinting, and general uncertainty about the investment thesis. These positions are inherently more volatile with the potential for huge drawdowns. Ever been down 50% or more for a high conviction position?

The best time to buy Future Compounders is either the scariest or most boring. The stock price is down in the dumps or doing absolutely nothing for a year or longer. Maybe there was a big pivot and everyone stopped paying attention. That could just give you more time to build a position. Or maybe it's just another crappy drug developer like all the rest and we're the suckers.