fareastwarriors

~up 68%. pure luck. Mostly TSLA...Trimmed multiple times last year but still became the largest position. Now I'm just sitting on it even though it's ridiculously priced. Made an offer on a house last week. If I had won, I would've trimmed more TSLA to pay for down payment, but I didn't win the offer.

-22% cash Bucket of REITs should continue to produce income and bring leverage down. Hopefully I'll have more income throughout the year to add to accounts too. Even with a big crash, I should be okay to add more to things I like.

Sold out of PSTH

Investment banking from home thrived under COVID-19, but some fear losing their touch https://www.reuters.com/article/businessNews/idUSKBN293119

Berkshire Hathaway Is One of Barron’s Top Stock Picks for the New Year. Here’s Why. https://www.barrons.com/articles/berkshire-hathaway-is-one-of-barrons-top-stock-picks-for-the-new-year-heres-why-51608738891

Could you guys pump office REITs? Thanks in advance.

That's a solid rate. Leverage to the moon!

Lockheed Martin inks $4.4 billion deal to acquire Aerojet Rocketdyne https://www.reuters.com/article/us-aerojet-m-a-lockheed/lockheed-martin-inks-4-4-billion-deal-to-acquire-aerojet-rocketdyne-idUSKBN28U0Z7

Cryptocurrency exchange Coinbase files with regulators to go public https://www.reuters.com/article/us-coinbase-ipo-idUSKBN28R303

+1 Ride or die.

Full interview https://youtu.be/xvHxQdhwQaY

Bitcoin Whale Emerges With $1 Billion, Alan Howard’s Backing https://www.bloomberg.com/news/articles/2020-12-16/bitcoin-whale-surfaces-with-1-billion-and-alan-howard-s-backing?srnd=premium

+1

Deutsche Bank could move half its NY staff to smaller hubs https://therealdeal.com/2020/12/14/deutsche-bank-could-move-half-its-ny-staff-to-smaller-hubs/

Covid Is Accelerating the Exodus From New York and California to Cheaper States While taxes spur relocations by the rich, lower costs, bigger living spaces and better quality of life are driving other Americans during the pandemic. https://www.bloomberg.com/news/articles/2020-12-14/best-us-cities-to-move-to-during-covid-where-and-why-americans-are-relocating

This manager is gonna earn some nice AUM fees.

Ken Moelis Gives His Bankers Blessing to Move Wherever They Want https://www.bloomberg.com/news/articles/2020-12-11/moelis-gives-his-bankers-blessing-to-work-wherever-they-want?srnd=premium

More inst $ money flowing in 169-Year-Old Insurer MassMutual Invests $100 Million in Bitcoin https://www.bloomberg.com/news/articles/2020-12-10/169-year-old-insurer-massmutual-invests-100-million-in-bitcoin?srnd=premium Investment represents 0.04% of its general investment account Insurer also makes $5 million equity investment in NYDIG

Renters return to Manhattan, driving 30% gain in new leases in November https://www.cnbc.com/2020/12/10/renters-return-to-manhattan-in-november-driving-30percent-gain-in-leases-.html

Any news for GEOS to trade up 30% since that day of forced selling? Only news I saw was the $6 to ~$8 move which in a round about way screamed, "ALWAYS TAKE ADVANTAGE OF FORCED SELLERS!"... I've trimmed position down again to about half; I think the rest I'll layer out of in the 8s. I would not be surprised to see a sale of the company though. The buyback was actually intentionally, or unintentionally, brilliantly timed as well. Sold the rest of this today. Also did the unthinkable. Shorted some Tesla. ~1% position. So you're the reason Tesla is finally down today.

Added to more $GRIF at 75. Small. Just few thousand $s.

https://www.bloomberg.com/news/articles/2020-12-06/goldman-plots-florida-base-for-asset-management-in-a-blow-to-nyc?srnd=premium

Make sense though. Large city with many renters, large population of young and single people and high cost. But I bet Seattle suburbs are white hot. I'm throwing 700k cash offers at 3bed/1bath 1,000 sq ft houses in the east bay of San Francisco. I'm not even competitive apparently...

Happy Thanksgiving.

They have been widely available at Costco in my market. Right at the entrance. I wonder who made that introduction... ;) They were even on sale for a bit. Loaded up on them. Should've loaded up with the stocks instead lol