competitive-advantage Posted February 14, 2022 Posted February 14, 2022 Dollar General Home Depot Intel Lowe’s Companies Meta (I enjoy their products, so it felt wrong to not own the company) Microsoft Target
Blugolds Posted February 15, 2022 Posted February 15, 2022 Yesterday added some FB, and some BRK Feb 25 puts. I read a comment months ago when BRK was buying back around 285, something to the effect that if he is taking trenches buying back over a year, perhaps he takes the overall CB for the year rather than one specific buy lot. And as long as the overall yearly buyback CB is under what he determines fair thats all that really matters. I would like to buy BRK cheaper (dont we always) but my CB is so low that even when adding now in significant portions it does not raise my CB significantly and the CB is certainly well below what I would consider "safe and comfortable". I also consider my BRK a never-sell so that adds to my comfort level. This illustrates a shift in my thinking, I think we were all aware of BRK on blue light special during the covid scare and I was adding aggressively during that time, but my cash pile continues to grow and is now quite a bit more than I would prefer, additionally I have the sale of a vacation home on the horizon that will put my cash pile (for me) into the stratosphere, so in an attempt to start putting it to work in some way I have been selling puts at prices I would be comfortable buying anyway for some extra income. Doesnt move the needle much but it at least lets me feel like Im doing something. This way I can still participate and even if assigned still have enough dry powder in the event that BRK looks really juicy. I view it as heads I win, tails I dont lose. Does anyone else feel a mild sense of embarrassment when cash positions get high? I realize that is individual, what I consider high may be pocket change for some, obviously depends on percentage of port, but I feel like Im being lazy or not working hard enough to find places to park it. Single with no kids yet so even $20k in I-bonds at 7%+ doesnt get me excited or move the needle. There are worse problems to have than sitting on a pile of cash given current market conditions and potential future volatility but its a feeling I cant shake...that pressure to swing you bum. Current cash position is around 30% with the future RE sale bringing it to mid 40's.
GordonGekko69 Posted February 15, 2022 Posted February 15, 2022 Started a small position on PRX (Prosus/ Exchange Amsterdam). Sold an additional Put @ 65 € Exp. 03/18 and a call @ 74 € Exp. 03/18
Red Lion Posted February 15, 2022 Posted February 15, 2022 Invested my Valentine's Day Blackstone dividend into KKR.
Xerxes Posted February 15, 2022 Posted February 15, 2022 Added to RTX and more importantly looks like Joey Levin added to MGM few days ago. They own now 14% of the company.
Spekulatius Posted February 16, 2022 Posted February 16, 2022 On 11/24/2021 at 6:12 PM, Spekulatius said: Bought at bit more SWMAY, HENKY, MXCT and a starter in ADSK. My wife and I also put 10k each into isavings bonds. SWMAY - why did I mess with the other stuff:
Red Lion Posted February 16, 2022 Posted February 16, 2022 KKR. FISV puts that I sold a couple months back.
Agrippa07 Posted February 16, 2022 Posted February 16, 2022 added to FB, opened new small positions in: PayPal and Shopify also initiated a position in Fundsmith
rkbabang Posted February 17, 2022 Posted February 17, 2022 Added to JOE, AIV 2024 CALLS, and PSTH (moved most of my remaining cash into PSTH).
kab60 Posted February 17, 2022 Posted February 17, 2022 Daytraded some APPS yesterday, bought some IPCO today. Portfolio down to two old hucksters, auto dealerships, nicotine and now a bit of oil and cash. Off to a good start in 2022.
lnofeisone Posted February 17, 2022 Posted February 17, 2022 Bought UNG puts. Back to shorting it for a bit.
TwoCitiesCapital Posted February 18, 2022 Posted February 18, 2022 3 hours ago, Gregmal said: Got gold? My June $175 Call options that were purchased OTM several months back are looking decent with this recent breakout from the recent consolidation. Risked less than 0.5% of the portfolio, but now ITM on a notional that is ~20% of the portfolio value. Gold has often bottomed just before the first set of rate hikes so I think mich of the hiking is already priced in. I know everyone here likes stocks for an inflationary environment, but the track record of gold in response to negative real rates/financial repression is enviable.
Xerxes Posted February 18, 2022 Posted February 18, 2022 4 hours ago, Gregmal said: Got gold? holding Barrick for a year now. good boost even if it is unrealized.
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