Gregmal Posted April 8, 2021 Share Posted April 8, 2021 Shorted a little more ARKG today. Link to comment Share on other sites More sharing options...
Castanza Posted April 8, 2021 Share Posted April 8, 2021 PCYO Link to comment Share on other sites More sharing options...
gaurav_s Posted April 9, 2021 Share Posted April 9, 2021 A whole lot of BABA Link to comment Share on other sites More sharing options...
Baklava Posted April 9, 2021 Share Posted April 9, 2021 Bought more BABA Link to comment Share on other sites More sharing options...
KJP Posted April 9, 2021 Share Posted April 9, 2021 Here's a podcast specifically about this thread: https://focusedcompounding.libsyn.com/website/ep-304-thoughts-on-10-different-stocks-reits-msgmsgn-and-a-bull-case-for-amazons-stock Link to comment Share on other sites More sharing options...
Castanza Posted April 9, 2021 Share Posted April 9, 2021 $ATCO $5.56 $9MM Link to comment Share on other sites More sharing options...
LearningMachine Posted April 9, 2021 Share Posted April 9, 2021 (edited) On 4/6/2021 at 9:34 AM, wabuffo said: Keep in mind FWIW that Munger's foreign investments haven't done as well as his WFC, BAC, USB US bank investments (or that 10% corporate bond that he bought and sold). - Posco (PKX) - sold most of it at break-even to a loss. Did a writedown during his ownership for acctg purposes. - 005389.KS (Hyundai Pfd 3) - sold all of it at a loss. Did a writedown during his ownership for acctg purposes. - 1211.HK - his initial purchases back in 2011 didn't do great and he wrote down most of it to FMV. Its performance has largely been due to its big pop in 2020 - otherwise its been "meh" for most of his holding period. He sold probably 15% of it last year IIRC (too early - before the pop). Probably sold another 25% this Q to fund the BABA purchase. Not saying it won't work out. Just pointing out the mixed-track record of buying/selling Asian stocks. wabuffo Munger was also a big fan of Tesco at one point to the point of saying "Tesco is God Almighty in England". He led Berkshire into making an investment in Tesco, but it had to be sold at a loss. Edited April 9, 2021 by LearningMachine Link to comment Share on other sites More sharing options...
RichardGibbons Posted April 9, 2021 Share Posted April 9, 2021 (edited) On 3/5/2021 at 4:51 PM, RichardGibbons said: Bought some UAN Aug $30 calls. Because why wouldn't one want to make a leveraged bet on a company whose business strategy is basically "take on huge operational leverage and then wait for fertilizer prices to increase"? Double the leverage, double the fun! (This describes why UAN is an interesting speculation. Note that the price of UAN32 fertilizer futures have almost doubled YoY, with almost all that increase coming in the past two months. If today's prices hold for six months, I think the options will work out well. If not, they will likely be worthless.) I rolled these calls over in to UAN AUG $50 calls. The original calls cost $2.60 and I sold them for around $19. My belief that Canadian capital gains taxes might increase on April 19 played a role in the decision to make the trade right now. Edited April 10, 2021 by RichardGibbons Link to comment Share on other sites More sharing options...
Jmac42600 Posted April 9, 2021 Share Posted April 9, 2021 Bought some BABA Link to comment Share on other sites More sharing options...
fareastwarriors Posted April 9, 2021 Share Posted April 9, 2021 Some APTS Link to comment Share on other sites More sharing options...
Gregmal Posted April 10, 2021 Share Posted April 10, 2021 9 hours ago, KJP said: Here's a podcast specifically about this thread: https://focusedcompounding.libsyn.com/website/ep-304-thoughts-on-10-different-stocks-reits-msgmsgn-and-a-bull-case-for-amazons-stock Not sure if this is a talk show or what, if any financial background the guys have, but I watched a few minutes because someone sent me a link saying they talked about APTS. For one, if you look at ~$300M in NOI, and then (incorrectly) look at a $3B EV, and dont conclude this is 1) too good to be true, and 2) something must be off otherwise its the bargain of a lifetime...well, I think that says a lot. It certainly doesnt scream "financially in the know", at least to me. Otherwise, this exact process is a big part of the reason PAC is where it is, and the opportunity exists. I mean, people, qualified people, looked at SPG at $50/60/70 post covid crash and wanted nothing to do with it. And thats the cream of the crop, A rated credit company. So its no wonder a company like PAC gets left for dead. Microcap REIT. Still probably listed as externally managed. Profile says MF, retail, and office. $2.5B+ in debt against ~350M in market cap. Cut dividend. Still with me? Well, maybe you are you brave and diligent soul...and then you dig into the filings and boom get the whole $2B+ of preferred dropped on your head....at which point even the most arduous person probably goes, OK, fuck this...pass. Those clouds shall pass though. Link to comment Share on other sites More sharing options...
abwillingham Posted April 10, 2021 Share Posted April 10, 2021 Finally got over my utter distaste of the CCP and loaded up on BABA. Link to comment Share on other sites More sharing options...
raj1234 Posted April 10, 2021 Share Posted April 10, 2021 Cloning Munger, buying BABA. Link to comment Share on other sites More sharing options...
Broeb22 Posted April 12, 2021 Share Posted April 12, 2021 FERG Link to comment Share on other sites More sharing options...
Gregmal Posted April 13, 2021 Share Posted April 13, 2021 Small starters in BOMN and Z. The latter of which I finally decided to make the shift from psychologically being a bear and disliking many of the traditional metrics...and realizing that 1) its been a great investment over the years, and 2) if my housing thesis plays out this will be a gloriously good investment. Will see how it goes. Link to comment Share on other sites More sharing options...
John Hjorth Posted April 13, 2021 Share Posted April 13, 2021 (edited) Within the last couple of days, I've : 1. Added to BRK.B, 2. Added to BAM, 3. Added to MC.PA, & 4. Added to SCHO.CPH, [all, small additions], Furthermore, 5. Added to NORTHM.CPH, [North Media A/S] 6. Started a new position in SPG.CPH [SP Group A/S], & 7. Started a new position in RTX.CPH [RTX A/S]. - - - o 0 o - - All small portfolio movements. Edited April 15, 2021 by John Hjorth Link to comment Share on other sites More sharing options...
fareastwarriors Posted April 13, 2021 Share Posted April 13, 2021 Added to INDT and APTS No high conviction ideas so I just keep adding to my small positions. Link to comment Share on other sites More sharing options...
Castanza Posted April 13, 2021 Share Posted April 13, 2021 Re-established a position in PLTR the last few days. Will average in if prices stay in current range. Link to comment Share on other sites More sharing options...
Castanza Posted April 14, 2021 Share Posted April 14, 2021 (edited) Trimmed RTX in my non-taxable account and shifted proceeds into LMT and GD Edited April 14, 2021 by Castanza Link to comment Share on other sites More sharing options...
cubsfan Posted April 14, 2021 Share Posted April 14, 2021 DISCK $32.60 Link to comment Share on other sites More sharing options...
formthirteen Posted April 14, 2021 Share Posted April 14, 2021 More BTI with proceeds from WFC Link to comment Share on other sites More sharing options...
Gregmal Posted April 16, 2021 Share Posted April 16, 2021 Added a bit more of MSGS. Link to comment Share on other sites More sharing options...
Castanza Posted April 20, 2021 Share Posted April 20, 2021 (edited) MO, APTS, GRBK, ETSY Edited April 20, 2021 by Castanza Link to comment Share on other sites More sharing options...
changegonnacome Posted April 20, 2021 Share Posted April 20, 2021 On 4/16/2021 at 12:30 PM, Gregmal said: Added a bit more of MSGS. Why S over E.....seeing as Dolan & E are effectively stealing S ......you anticipating alternative bidders coming in? Link to comment Share on other sites More sharing options...
Gregmal Posted April 20, 2021 Share Posted April 20, 2021 (edited) 35 minutes ago, changegonnacome said: Why S over E.....seeing as Dolan & E are effectively stealing S ......you anticipating alternative bidders coming in? I have both. S just seems relatively cheaper with much less risk. Just less of a catalyst/reopening play. Dolans done mighty fine in regards to creating shareholder value over the years, so Id expect that to continue. EDIT: also added a few JOE today Edited April 20, 2021 by Gregmal Link to comment Share on other sites More sharing options...
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