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What are you buying today?


LowIQinvestor

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Sold 80% INTC position (break even)

 

Bought AAPL

 

- Valuation is a bit stretched, but they are best in class with a lot of cash and solid product pipelines imo. Sometimes you have to pay up

So you're paying 31 times their operating income while they are growing at, let's say, 12%? Doesn't sound like the best opportunity out there.

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This year has been nuts and I should probably sell something instead of buying more, but I couldn't resist getting some more Lion Rock Group (HK) which like a lot of the HK market missed that stonks only go up

 

It certainly looks like market inefficiency there. I would be tempted to make it a very large portion of the portfolio.

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This year has been nuts and I should probably sell something instead of buying more, but I couldn't resist getting some more Lion Rock Group (HK) which like a lot of the HK market missed that stonks only go up

 

It certainly looks like market inefficiency there. I would be tempted to make it a very large portion of the portfolio.

Took it to 8 pct which is a medium sized for me. Think it'll be well worth the wait. Do you follow it, what do you think?

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I'm looking at and been buying stuff typically 20-30% OTM. I dont know if I'd expect them to necessarily get there, but if the current trend and unwind continues I think these will be effected more than most. The market in general is pretty euphoric right now. Kill two birds with one stone by hedging through some of the high beta names. A simple 10-20% drop in the next month or so on some of these should payout reasonable well.

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Bought some March puts on BYND, PTON

 

Any specific reason on timing price etc?  I generally agree.

 

For one, the market is kinda scaring me a little. Lots of euphoria. I think the tech/WFH stuff burst with the vaccine and will at best bleed out as the recovery play stuff becomes more en vogue, or at worst deflate into a more rational but still expensive valuation. But just off the top of my head, I won't even mention RE cuz thats just what we do and it was stupid cheap anyway, but I have/had a good half dozen positions(stuff like BTC, FSR, PLTR, SBE, JMIA) that have at least doubled in just the last few weeks. As much as I'd like to think of myself as that damn good, its only honest to say that this is not healthy or normal, especially when most of these things already seemed irrationally priced(with the exception maybe of PLTR) to begin with and largely moved on absolutely NO NEWS. So I ve been selling down a lot of the spec stuff and looking for some options should this mania subside.

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