The R.I.P. Portfolio's Q1 2021 Update

Summary:

This real-money portfolio was first introduced to the Seeking Alpha community in December 2015.
The portfolio outperformed its benchmark in Q1 2021 and is currently outperforming the S&P 500's performance since late-2015.
The portfolio was overweight Financials and Industrials heading into 2020 and that turned out to be a terrible decision early last year due to the fallout from COVID-19.
However, the portfolio has sharply recovered from the March 2020 lows. And looking ahead, I believe that this portfolio is well-positioned for the next few years.