Gregmal Posted July 26, 2019 Share Posted July 26, 2019 Sold a little CRSP and swung proceeds into MSB. Link to comment Share on other sites More sharing options...
Gregmal Posted July 26, 2019 Share Posted July 26, 2019 Sold Verizon, bought Paypal Whats the reason for the switch? You see more upside with PayPal? Long term yes. Short term also capitulating to any bearish ideas. The original idea was to invest in some recession-resistant dividend paying companies with at least some pricing power. But growth has totally outperformed this idea. Mostly I think I need to move towards a more passive (indexing) option, at least for the near term (3-5 yrs I'd guess). Over the last year I haven't really had the time/energy/pleasure to actually do any investment research, and the results reflect it. Even worse, I haven't really cared... The reality is given my situation (age, net worth) my ROI is higher concentrating on my career than on my portfolio (ROI both in terms of amount and volatility of cash inflows). Something about whole-assing one thing vs. half-assing two things ;D ;D Its OK LC. Ill manage your money for 5/50 and show you how its done. I do for a lot of liberals. Link to comment Share on other sites More sharing options...
Spekulatius Posted July 26, 2019 Share Posted July 26, 2019 Sold Verizon, bought Paypal Whats the reason for the switch? You see more upside with PayPal? Long term yes. Short term also capitulating to any bearish ideas. The original idea was to invest in some recession-resistant dividend paying companies with at least some pricing power. But growth has totally outperformed this idea. Mostly I think I need to move towards a more passive (indexing) option, at least for the near term (3-5 yrs I'd guess). Over the last year I haven't really had the time/energy/pleasure to actually do any investment research, and the results reflect it. Even worse, I haven't really cared... The reality is given my situation (age, net worth) my ROI is higher concentrating on my career than on my portfolio (ROI both in terms of amount and volatility of cash inflows). Something about whole-assing one thing vs. half-assing two things ;D ;D Staying out of the politics section saves a lot of time. Even watching shows on Netflix is more productive. Link to comment Share on other sites More sharing options...
LC Posted July 26, 2019 Share Posted July 26, 2019 Spek ;D Link to comment Share on other sites More sharing options...
LC Posted July 26, 2019 Share Posted July 26, 2019 Gerg, you can just ask for 50 bucks... Link to comment Share on other sites More sharing options...
Gregmal Posted July 26, 2019 Share Posted July 26, 2019 Gerg, you can just ask for 50 bucks... Probably about what 5/50 on your brokerage account translates to after turning out 30% for the year..... Link to comment Share on other sites More sharing options...
Cardboard Posted July 26, 2019 Share Posted July 26, 2019 LMAO! Link to comment Share on other sites More sharing options...
LC Posted July 26, 2019 Share Posted July 26, 2019 Haha, thankfully for my lifestyle that’s definitely not the case. ;D But I hope you keep compounding at that rate, I’m sure it would be useful! Gratefully I can put the time towards more leisurely uses. Link to comment Share on other sites More sharing options...
Castanza Posted July 30, 2019 Share Posted July 30, 2019 Adding to $MO Link to comment Share on other sites More sharing options...
Broeb22 Posted July 30, 2019 Share Posted July 30, 2019 Bought FTV after earnings and FRFHF. Link to comment Share on other sites More sharing options...
Spekulatius Posted July 31, 2019 Share Posted July 31, 2019 Bought some CWGL. Hoping for $8 quickly: https://www.sec.gov/Archives/edgar/data/1562151/000156215119000048/a10b5-1plan72319.htm Link to comment Share on other sites More sharing options...
Lance Posted July 31, 2019 Share Posted July 31, 2019 Wrote puts on NWL (Aug. 16, $14). Thanks, Lance Link to comment Share on other sites More sharing options...
Gregmal Posted July 31, 2019 Share Posted July 31, 2019 Bought some MSGN and MSB with proceeds from NVTA. Broadly speaking, today is just another example of what happens when retards take control of the stock market. Opportunity for the rest of us. If you were "surprised" by the widely expected rate hike and decide to just start dumping everything, you might as well just give me your money now... Link to comment Share on other sites More sharing options...
jschembs Posted July 31, 2019 Share Posted July 31, 2019 Bought some MSGN and MSB with proceeds from NVTA. Broadly speaking, today is just another example of what happens when retards take control of the stock market. Opportunity for the rest of us. If you were "surprised" by the widely expected rate hike and decide to just start dumping everything, you might as well just give me your money now... But the last seven months of buying after Powell's December commentary signaling future cuts was all rational? Link to comment Share on other sites More sharing options...
Gregmal Posted July 31, 2019 Share Posted July 31, 2019 Buying OR selling based on a rate cut/hike is pretty stupid. Plenty of people here(well maybe not plenty, but a few) made a fortune when the idiots took over in November/December because of a meaningless rate hike... Same thing. Link to comment Share on other sites More sharing options...
Spekulatius Posted July 31, 2019 Share Posted July 31, 2019 WMB (added in size) and a bit of Berry. WMB was funded from proceeds of ENB sales a while ago. Link to comment Share on other sites More sharing options...
Castanza Posted July 31, 2019 Share Posted July 31, 2019 WMB (added in size) and a bit of Berry. WMB was funded from proceeds of ENB sales a while ago. + Berry Had this on my watch for a bit. Finally a good entry point. Link to comment Share on other sites More sharing options...
Saluki Posted August 1, 2019 Share Posted August 1, 2019 PBF. down to the mid 20s again. I was kicking myself for only buying a small amount last time it came down to these levels. Link to comment Share on other sites More sharing options...
Gregmal Posted August 1, 2019 Share Posted August 1, 2019 repurchased some CLF Link to comment Share on other sites More sharing options...
John Hjorth Posted August 2, 2019 Share Posted August 2, 2019 Added to SCHO.CPH today. Link to comment Share on other sites More sharing options...
Spekulatius Posted August 2, 2019 Share Posted August 2, 2019 Happy BRK.B <$200 Friday. Link to comment Share on other sites More sharing options...
John Hjorth Posted August 2, 2019 Share Posted August 2, 2019 Happy BRK.B <$200 Friday. Is that safe to do? - Wouldn't it be more safe buying some 30 years negative yielding German Bund? [<- J/K] - - - o 0 o - - - My addition to SCHO.CPH today was basically reinvestment of some dividends received in tax deferred accounts, where I'm maxed out on Berkshire [i can't in such accounts buy more than 20 percent in one stock ... -if just Berkshire B was liquid dual listed like BAM!] Link to comment Share on other sites More sharing options...
orion Posted August 2, 2019 Share Posted August 2, 2019 Added to my Exor position. What am I missing? SOP-Value should be ~100 EUR vs. 62 EUR share price. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted August 2, 2019 Share Posted August 2, 2019 Added to my Exor position. What am I missing? SOP-Value should be ~100 EUR vs. 62 EUR share price. You're not missing anything. It's been trading at a 40ish% discount for the last 3 years or more. Great opportunity to accumulate - it's one of my largest holdings. Also was glad to see they executed very favorably on buybacks with dividends from Chrysler to take advantage of that discount to NAV. Link to comment Share on other sites More sharing options...
orion Posted August 2, 2019 Share Posted August 2, 2019 Yes. Nice to see that they deploy the FCAU dividend proceeds into the buyback program. Considering the discount this is a great way to add value. Link to comment Share on other sites More sharing options...
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