How much are you down since the inauguration?

[rkbabang]

I’m up 23.6% YTD.

And up 32.7% from Nov 1st. (Before the election).

 

That’s just my stock portfolio, Bitcoin is up nicely as well.

 

 

[TwoCitiesCapital]

Am up ~14% YTD with a 45% slug to fixed income.

 

Returns are primarily from Fairfax, Fairfax India, Alibaba, Prosus, and Bitcoin and selling covered calls and cash secured put spreads on IBIT. 

 

[This2ShallPass]

On 7/2/2025 at 2:20 PM, TwoCitiesCapital said:

Am up ~14% YTD with a 45% slug to fixed income.

 

Returns are primarily from Fairfax, Fairfax India, Alibaba, Prosus, and Bitcoin and selling covered calls and cash secured put spreads on IBIT. 

 

That's a nice return w 45% in FI! 

 

I'm up 20.5% YTD (as of June 30). Fairfax at 30% of pf was the big driver. Eurobank did great but is only 9% weighted. Others were Fairfax India, Prosus, and TSMC (started buying in March / April and has quickly grown to 8%). These 4 are 30% of my pf. This is something I have to think about, are my non FF top positions weighted appropriately. Cash is lowest at 6% now but ranged from 6-20% during the 1st 6 months. 

 

 

 

[ValueNation]

I'm up about 13% in first half, thanks to FFH being about 1/3 of the portfolio.

[Milu]

Might be time to change the thread title. Market seems to be on a tear

- Crypto at all time highs

- S&P and Nasdaq at all time highs

- IPOs popping 100%+ on first day (Circle, Figma etc)

 

Feels like a 1990's style set up and the question is are we in 1996 or 1999?

[Spooky]

1 hour ago, Milu said:

Might be time to change the thread title. Market seems to be on a tear

- Crypto at all time highs

- S&P and Nasdaq at all time highs

- IPOs popping 100%+ on first day (Circle, Figma etc)

 

Feels like a 1990's style set up and the question is are we in 1996 or 1999?

 

The IPO market is a good counter signal - if it starts popping off it is generally time to watch out.

[brobro777]

4 hours ago, Spooky said:

 

The IPO market is a good counter signal - if it starts popping off it is generally time to watch out.

https://www.investors.com/news/bullish-ipo-cryptocurrency-blsh-stock-coindesk-peter-thiel-bitcoin/

 

Bullish IPO goes off! 
 

1996 vs 1999? My money sez - Probably closer to 1996

 

haha

 

[Sweet]

7 hours ago, Milu said:

Might be time to change the thread title. Market seems to be on a tear

- Crypto at all time highs

- S&P and Nasdaq at all time highs

- IPOs popping 100%+ on first day (Circle, Figma etc)

 

Feels like a 1990's style set up and the question is are we in 1996 or 1999?

But if we change the title the market will turn instantly 

[Longnose]

Up 19% YTD 

33% TTM. 

 

Not including my BTC position. 

[John Hjorth]

On 6/26/2025 at 6:45 PM, John Hjorth said:

On this Thursday, about 3½ hours before North American markets closing, I'm at about minus 6.7 per cent on total portfolio level, YTD, measured in my own [obscure] functional currency DKK, pegged to the EUR.

 

USD/DKK for the the year 2025 :

 

 

- - - o 0 o - - -

 

In the early years, I paid a lot of attention to it. After finding out that to get some kind of control over it, by currency hedging activity, I now just *shrug*.

 

/me [<- Jeff [ @DooDiligence ] , somewhat near usual Reddit language / code ?], after a period, since my last post here, basically sloth modus operandi since last post, with only minor exemptions towards activity, buying, but not selling - anything, at all!

 

, The short, very short term score sheet at my broker, investment bank, tells me - for the household in total, thereby including, as usual in recent years, my significant others accounts, under my control, based on personal trust, but in no way, and certainly not in any way, unconditional trust, based on existing formal trading power of attorneys for each and every of her accounts, I personally can't move [please read : steal] as much as one 'Danish cent', in Danish, DKK 0,01 is called 'one øre´, which actually in Danish translates to English by 'One ear', which likely may appear odd, very odd for anyone reading on here. The fact is actually, now many years ago, I personally actually demanded towards her things structured that way inside the four walls of our home, so that no matter what, and what ever the future might bring might be bringing to us as a couple, and separately, bacause nobody then - not even she , or someone representing her - would be able to accuse me of anything but my my studpity related to management of her funds, for which everyone here in Denmark stay [the h*ll] out of jail by doing totally stupid things with what is actually OPM.

 

Works great here, blended with short, very short - and dense communication, communication about what I may I may be up to, not really up for real discussion among us, more like me giving and and providing a short elevator pitch on anything that I'm up to, her silence immediately after short pitch meaning 'Go, green light for that', therebyby explicitly, here, and in over long time, meaning 'Please proceed, as explained, unless any specifically outspoken or any way expressed oral objections by me'.

 

Works great, -no probs, whatsoever, related to it.

 

- - - o 0 o - - -

 

Back to topic : Today, after North American markets closings today, for most of you, likely still 'today', for me, in my local time already 'tomorrow' : YTD minus 8.45 per cent.

 

The Lady of the House actually posses two accounts, both taxable accounts - I would pretty much say, at least about one of them, pretty large by now, in the whole picture of what has happened to become a bloody, bloated frig***g mess of consicious and carefully planned tax planning, all one step at its each individual step, and at  each individual time, step by step, mentally @Viking-like, gradually evaluating opportunities and acting upon, and triggered by nobody seen before seen oppportunities, including me, like somebody observing, experiencing a game of Chess being played out, and ocurring, over some time.

 

Those accounts, measured separately, and stuffed now for many years with BRK.B only, nothing else, absolutely no cash, not even DKK 0.01 available there, with absolutely no sight in the horizon of any cash dividend there so far are today :

 

Today, for these accounts, measured in my own functional currency DKK : YTD minus 6.45 per cent.

For BRK.B as such, measured in USD : YTD plus 5.46 per cent.

 

- - - o 0 o - - -

 

The difference between those two is actually mind blowing. For me personally, there exists no other option than to just *shrug* - I've long ago inside my own head, crystal clear! - realized, that any kind of activity of currency hedging involving derivatives is not only beyond my personal mindset, temper etc, it's also outside what I consider own circle of compentence.

 

So, as an European person, at least quite heavely by now, invested long-only in the US, there exists no viable option avialable for me, other than continued long term holding on, based on how I'm personally wired and professionally equipped and dressed,

 

 So, so much for now, by now, here, about about beeing a European citizen with personal, and relatively, material skin in the game in the US, all by exactly now.

Edited August 14, 2025 by John Hjorth