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What are you buying today?


LowIQinvestor

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Sold a small amount of SE to add to BRKB and BAM.

 

Anything overtly negative for SE?  Or just locking short term bump?  I'm still trying to build a full position for SE.

 

No just taking some profits. SE has grown to become a much larger position for me than I am comfortable with.  I didn't sell much, about 10% of my shares.

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One thing that strikes me is that both the inflationist and disinflationist/deflationist camps seem to broadly agree that once you lower interest rates to 0% to spur nominal GDP growth, there's no coming back in real terms.

 

It appears as though they are not lowered to 0% before that problem already appears to exist.

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Buying ffh.  It's a big change for me.  I haven't owned more than a small amount in years.  It appears quite cheap relative to the rest of the market.  It is selling at less than 90% of Sept 30 book value.  Yet with digit and blackberry  and other subs you still have this ability to participate in a rally.  I still very much question BB but as I said, even using Sept 30 prices FFH is cheap.

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Just bought the FSLY shares I sold 3 days ago for $127.70 back for $88.50.

 

Just resold those FSLY shares for $103.10 and put more into BRKB and BAM.

 

The volatility in stocks like FSLY is mind boggling. It is probably a good idea to move into safety like FSLY but I can understand if someone who bought this much lower just continues to hold.

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Just bought the FSLY shares I sold 3 days ago for $127.70 back for $88.50.

 

Just resold those FSLY shares for $103.10 and put more into BRKB and BAM.

 

The volatility in stocks like FSLY is mind boggling. It is probably a good idea to move into safety like FSLY but I can understand if someone who bought this much lower just continues to hold.

 

I bought at $23.  That was 20% of my shares that I sold, bought back, and resold.  I've now taken more than my cost basis out, so the remaining 80% of my shares are going to be a long term hold.

 

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Buying ffh.  It's a big change for me.  I haven't owned more than a small amount in years.  It appears quite cheap relative to the rest of the market.  It is selling at less than 90% of Sept 30 book value.  Yet with digit and blackberry  and other subs you still have this ability to participate in a rally.  I still very much question BB but as I said, even using Sept 30 prices FFH is cheap.

 

I bought more Fairfax today. Already been accumulating it due to its cheapness and the low bar, but also b/c it's made nearly $2B on BB in the last month and the market hasn't moved FFH's shares at all.

 

I know its ephemeral if Prem doesn't capitalize on the rise, but if he does...

 

Risk is limited because FFH shares haven't risen with BB at all so I wouldn't expect them to fall with it either if it blows up and Prem doesn't capitalize. Looking for an easy 10-30% here. 

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Bought some more BRK as penance for my Friday purchase of BB.

 

Buying a small amount of BB was strictly gambling on the fact that the hive mind of WSB and its watchers would try to replicate what's been happening with GME. Right so far, but I'm not good at this game and will probably sell at the wrong time.

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Ditto!

 

 

I bought more Fairfax today. Already been accumulating it due to its cheapness and the low bar, but also b/c it's made nearly $2B on BB in the last month and the market hasn't moved FFH's shares at all.

 

I know its ephemeral if Prem doesn't capitalize on the rise, but if he does...

 

Risk is limited because FFH shares haven't risen with BB at all so I wouldn't expect them to fall with it either if it blows up and Prem doesn't capitalize. Looking for an easy 10-30% here.

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Dumped the rest of Chou Ass. Dumped some in October but hung onto the rest until now and has been up 15-20% since I sold in October

 

Added to RY (Royal Bank) a few weeks ago.

Added to FFH today.

Started a position in BRK.B.

Also started a small position in WLF.TSXV (Wolfden Resources) just for fun - have been watching this for a couple of years and it seems they could be on to something interesting in Maine, at least Altius (ALS.TO) thinks so.

 

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