Agrippa07 Posted October 24, 2018 Share Posted October 24, 2018 added to: ABEV, FB, Naspers and bought some FCA calls (Dec 2019&2018) earlier this week Link to comment Share on other sites More sharing options...
Lakesider Posted October 24, 2018 Share Posted October 24, 2018 Added to Naspers Link to comment Share on other sites More sharing options...
Lance Posted October 25, 2018 Share Posted October 25, 2018 ABBV, BNS, BP, RVT, RY and TXN Thanks Lance Link to comment Share on other sites More sharing options...
porcupine Posted October 25, 2018 Share Posted October 25, 2018 CCUR Link to comment Share on other sites More sharing options...
DooDiligence Posted October 25, 2018 Share Posted October 25, 2018 Added to Naspers Looks interesting / complicated. I haven't done anything but a shallow dive. Would you be interested in sharing your thoughts, particularly with regards to what they'll be doing with the FlipKart cash? http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/npn-naspers-limited-(jse)/msg345451/#msg345451 Link to comment Share on other sites More sharing options...
EricSchleien Posted October 25, 2018 Share Posted October 25, 2018 Added to Trupanion (TRUP) Added to Markel (MKL) Added to Facebook (FB) Link to comment Share on other sites More sharing options...
james22 Posted October 25, 2018 Share Posted October 25, 2018 Added to Markel (MKL) Why now? I'd like an excuse to add, but they still above my P/B target. Link to comment Share on other sites More sharing options...
doc75 Posted October 25, 2018 Share Posted October 25, 2018 Westaim (WED.V) Link to comment Share on other sites More sharing options...
Sharad Posted October 25, 2018 Share Posted October 25, 2018 Added to PZA.TO - Pizza Pizza Royalty Corp. Link to comment Share on other sites More sharing options...
Junto Posted October 25, 2018 Share Posted October 25, 2018 NYCB F BAC JPM UMPQ - Income Investing Strategy with opportunity for growth. Not flashy but very dependable additions. Link to comment Share on other sites More sharing options...
Mephistopheles Posted October 25, 2018 Share Posted October 25, 2018 Just added to my FB position. Been busy. Last week or so: Wrote BRK.B puts (195 and 197.5 strikes) channeling my inner boilermaker. LIF.TO WEQ.DB SHLD debt Finally got into the SHLD bonds eh? Which ones did you buy? Link to comment Share on other sites More sharing options...
bizaro86 Posted October 25, 2018 Share Posted October 25, 2018 Finally got into the SHLD bonds eh? Which ones did you buy? 6.625 '18s. I like the lien vs SRAC (and the way lower price). While I'm pretty sure they're undersecured at present, I think there's a chance ESL makes a credit bid with its debt higher up the capital stack for some of the things they want. If what they want is actual operating stores and they're willing to pay something around current assets for them that is very helpful, imo. I think the unsecured holdco debt has a very good chance of being a zero. I suspect the SRAC/18's will end up the fulcrum security, and I think there might be value hiding in the real estate, likely even in the RE that has been pledged for debt. I realize that this sounds exactly like the thesis that equity holders had for years, so I've kept this a pretty small position. The difference (imho) is that now there is a hard catalyst - these assets are getting dealt with in the court process. Link to comment Share on other sites More sharing options...
frommi Posted October 26, 2018 Share Posted October 26, 2018 Sold all DAX puts and bought starter positions in SYF,TAP,MSM,WHG and more OXY,FAST,KIM,KMI Link to comment Share on other sites More sharing options...
frommi Posted October 26, 2018 Share Posted October 26, 2018 And sold some 140$ nov18 puts on FB for 5.6$, the premium is really fat. Looks like the market expects a pretty big move after earnings. *EDIT* I also bought a TSLA bear call spread 300/400 MAR2019 for 47$ credit because i just love the drama. Link to comment Share on other sites More sharing options...
IanBezek Posted October 26, 2018 Share Posted October 26, 2018 A bunch of regional banks in a basket. Link to comment Share on other sites More sharing options...
no_free_lunch Posted October 26, 2018 Share Posted October 26, 2018 Frommi, I am interested in why you were short the DAX. It seems quite cheap to me, from a simple statistical perspective. Link to comment Share on other sites More sharing options...
frommi Posted October 26, 2018 Share Posted October 26, 2018 Frommi, I am interested in why you were short the DAX. It seems quite cheap to me, from a simple statistical perspective. That was my seasonality trade. I buy these puts every year on the first day of May and sell at the end of October or if the DAX goes down by 20%. Over the past 100 years this has hedged a portfolio without extra cost. Every 4-5 years the puts are 5-6 baggers. While this looks like an even trade it boosts portfolio performance by 3-4% on average and reduces drawdowns from -50% to -20%. That was also the a good way to survive the bear market of 1929->1932. I am a pretty fearfull guy and need this stuff to stay fully invested. I am sure i will look stupid for selling them one day too early on monday. :) Link to comment Share on other sites More sharing options...
longlake95 Posted October 26, 2018 Share Posted October 26, 2018 more KMI Link to comment Share on other sites More sharing options...
wachtwoord Posted October 26, 2018 Share Posted October 26, 2018 @Frommi DAX as in Deutscher Aktienindex? ::) So weird that would have the effect you describe. Are you sure that's not just coincidence? I mean 100 years could be to short a timeframe? Link to comment Share on other sites More sharing options...
writser Posted October 26, 2018 Share Posted October 26, 2018 https://en.wikipedia.org/wiki/Sell_in_May Link to comment Share on other sites More sharing options...
wachtwoord Posted October 26, 2018 Share Posted October 26, 2018 https://en.wikipedia.org/wiki/Sell_in_May But why sell the German index specifically? Link to comment Share on other sites More sharing options...
Spekulatius Posted October 27, 2018 Share Posted October 27, 2018 Bought some MHK (falling knife) and added to FDX. Link to comment Share on other sites More sharing options...
frommi Posted October 27, 2018 Share Posted October 27, 2018 https://en.wikipedia.org/wiki/Sell_in_May But why sell the German index specifically? This is my personal anti-home bias. According to https://papers.ssrn.com/sol3/papers.cfm?abstract_id=76248 Italy would work best, but i don`t think there is an active option market for that index. But when you look at the DAX holdings there are a lot of awful, overleveraged and cyclical businesses in it. The best is that no professional investor will ever use this effect, most investors i know laugh about it or dismiss it as a statistical fluke. (Should this change, i will probably reduce my position size) Link to comment Share on other sites More sharing options...
Spekulatius Posted October 27, 2018 Share Posted October 27, 2018 https://en.wikipedia.org/wiki/Sell_in_May But why sell the German index specifically? This is my personal anti-home bias. According to https://papers.ssrn.com/sol3/papers.cfm?abstract_id=76248 Italy would work best, but i don`t think there is an active option market for that index. But when you look at the DAX holdings there are a lot of awful, overleveraged and cyclical businesses in it. The best is that no professional investor will ever use this effect, most investors i know laugh about it or dismiss it as a statistical fluke. (Should this change, i will probably reduce my position size) The DAX has been traditionally much more volatile than the US stock market. I think some future traders like trading the German Dax futures because of the high volatility, the time difference and the relatively high liquidity. The old saying still goes that when wall streets gets a cold, Frankfurt gets a pneumonia. Link to comment Share on other sites More sharing options...
gjangal Posted October 29, 2018 Share Posted October 29, 2018 Added to FB , TCEHY sold out of UBNT I just found something interesting about tencent. TCEHY owns 48% of Epic games ( Now valued at 15bn) , which launched Fortnite. Link to comment Share on other sites More sharing options...
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