spartansaver

When are the times you’ve used index options?

I’ve seen in the past you state that you’re >100% long. Do you hedge or use options in any way or just let it ride?

As a follow up, the company I initially discussed was MPAD (micropac) which ended up announcing it was sold on Nov 4. Maybe one more positive data point that you can occasionally make educated guesses on companies getting sold.

Article in the WSJ! Congratulations! https://www.wsj.com/finance/investing/warren-buffett-early-investment-methods-brett-gardner-10e027fe

That's one worry I've had due to the K1 but hopefully its a good problem to have down the line. I'm semi expecting to pay taxes in my non-taxable accounts.

Thanks for posting Greg. I've been following for four plus years but never bought. I missed the announcement about the ruling. Bought as much as I could today. I never wanted to get in ahead of the ruling, but with the positive outcome this thing looks great.

No skin in the game, but didn't know a company could do this. Ouch.

I have a habit of checking the WSJ and Bloomberg. Perhaps I'm more aware or perhaps it's getting more trashy over time but it's just a dumb echo chamber. Constant articles disparaging everything Musk touches because he is media enemy number 1 owning X (he may have made himself easy to not like, but the guys done some awesome stuff for society). Barely any articles are worth opening and are just regurgitations of what someone else said. It's like sell side just chirping management expectations as analysis. Recession incoming! Let's take every company that has a layoff and make it front page and ignore all the hiring taking place at other companies. Inflation going wild! And then Bloomberg is the same articles with a different title.

Thank you for the response. Have you had it as a thesis in the past where you ended up being wrong? If so what were reasons?

I'm curious if anyone here has any experience in handicapping the odds of a company being sold. One of the companies I own has quite a few factors that lead me to believe it is going to be sold (controlling owner who passed away, CEO at or over retirement age, CEO recently followed a newsletter on LinkedIn devoted to selling companies), but I'm not sure if I should let something like that creep into my thoughts around owning shares in the company. Trying to keep the question somewhat broad here.

I don't know how they could have had a better day. Maybe no panels fall off or all rockets work, but awesome stuff. Very inspiring.

Outside of Banks and Insurance, is there ever a useful time to look at the Statement of Comprehensive Income? I almost always skip it, and just wondering if anyone has found any use to it.

Amazon has done it several times, but that's a very different animal. Apple in 2021. Google in 2021.

Has there ever been a manufacturing company in history (or any company) that added $60B of revenues in a single year? I'm just curious because that is wild, don't really care about the stock.

I don't have any skin in this game but man am I cheering for Fairfax to put on a short squeeze. Good luck! Diamond Hands!