Paarslaars

Added to my JD, PDD and BEKE leaps. Will probably add to Metaplanet in the morning, this sell off makes no sense. Shareholders want the company to mimic MSTR and when they announce they will do so by issuing shares, the stock sells off for 40%!

Bit of a misinterpretation but still funny:

Traded a small part of my MSTR position (which is now dominating my portfolio) for some CPNG calls today.

Curious where all this debt is for, surely they could easily cut some military spending instead?

Sold some Metaplanet today, was able to participate in the rights offering so got some extra shares cheaply, sold them for a nice profit.

Apparantly you have to be a US citizen to buy this?

Personally I would go higher in FFH vs BRK at this particular moment in time because BRK is on the high side vs book value while FFH is still relatively cheap.

It also gives a distorted image of wealth as it does not take into account the cost of living differences in certain area's. Basically you should not compare with how much $$$ someone is worth but more like how many breads can someone buy locally, simply put. Someone with 50$ in Vietnam is a lot wealthier than someone with 100$ in San Francisco.

Fine, I'll give in and buy FRPH.

Aaaaand it's gone! Waiting for the next news I guess.

Looks like you're going to have a bad day today, any news? Seeing everything in china down 10% premarket.

I am assuming the CEO owned the company? If not, contacting majority shareholders would do the trick here. If it is, well he's just stealing from himself so...

Nice timing.

2022 must have been a bitch

BEKE calls

Ah that explains the BTC drop.

What's your thought on KE holdings?

That's a lot of money for most chinese citizens.

I also own the equities and calls are Jan '26. If they run up I probably sell the calls and keep the equity.

Sold my BABA 90's calls, up 100% from earlier this year. Used the proceeds for some JD and PDD OTM calls.

JD and PDD.

Yeah I was considering a basket approach a month ago as well but wanted to wait out the BTC rally to transfer funds from there to China stocks, guess China will go up first now. Would not feel comfortable with > 10% position here though.

PDD and JD leaps ftw

I think he should be sleeping pretty well these days (not sure what his cost basis is), premarket looking good again.

Going to keep a closer eye on your sells from now on.