What are you buying today?

[Agrippa07]

added to Disney and Paypal, both relatively small holdings for now. Also opened a started position in Sony. 

I have been thinking about Japan equities where most of the revenue comes from US (due to low Yen) currently in Nintendo and Sony, anyone else looking into this?

 

 

[Cod Liver Oil]

I have been adding to Nintendo also. Pretty diverse currency stream. Bullet proof balance sheet. Things in Japan move slowly but in general are becoming more shareholder friendly. Its a bank with a good business attached to it with some options on world class IP. Maybe only Disney has better IP. Would love to hear people's thoughts on top five global IP companies. Sony is cheap too.

[thepupil]

1 hour ago, Spekulatius said:

Man up. This isn't a limit down day like March 2020 and you don't own $CVNA either.

Haha I’m still long and strong, just suffering from endowment bias / twiddling thumbs

[Ross812]

Bought back into ATCO today. I sold my entire position in three accounts of March 31st (one taxable). It's been on my watchlist waiting for the wash period to be over. Added to google and traded some gold for QLD (ultra QQQ).

[fareastwarriors]

Picked up some AIV at $6.

 

I;m  a wimp. 

[Aurelius]

AMZN is a steal! 

 

They obviously have a variety of different businesses. And as they are still investing heavily in growth you are not seeing the results on the bottomline. 

You'd need to value each component to get to a valuation. 

 

As a shortcut I've always thought it made sense to look at EV/gross profit as they do a lot of their investing through their PNL below the gross profit line. 

 

I believe Bill Miller has mentioned this as well. 

 

AMZN hasn't been this cheap (on EV/gross profit) since early 2015 before they broke out AWS in their financials. They are a powerhouse today compared to 2015. And do a lot more high margin business (AWS, Ads, 3rd party, subscription) today. 

 

There was a period in 2014-2015 when it traded at these levels we are seeing now. Then you have to get all the way back to 2009. 

Edited May 6, 2022 by Aurelius

[throw123]

FND

[Gregmal]

Added 50% to Z position. 

[Ross812]

Added some LBRDK and Little more GOOGL. 

[longlake95]

added to GIL again...

[Castanza]

AIV, CLF

[Charlie]

I bought some Berkshire b shares.

I like the new (oil) investments and the inflation and price increases should lead to higher earnings.

 

[sleepydragon]

Shameless cloned Buffett and bought ATVI

[LC]

Yep I put positions in BRK today and activision this week.

[lnofeisone]

Added to MEGEF and sold some MSGE 75 puts. 

[Agrippa07]

from Friday:

added to NFLIX,  opened a ew position: Starbux (SBUX) and opened a small speculative position in Qurate Preferred shares and some leaps (Jan 2024 $3.75), fully aware that $0 is possible.

[JGBRK]

I’m doing a Roth conversion while securities are depressed.

[backtothebeach]

On 1/26/2022 at 7:23 PM, backtothebeach said:

SPY has a gap at $400 ($2.71 gap). Gap theory says it is very likely to close. The game plan is to roll the short put as many months as necessary to close out the long put when SPY is close to the strike price.

Gap closed.

 

Edited May 9, 2022 by backtothebeach

[Viking]

RECP, GIL, LNR, DXT, TECK.B

added to BAC, ABNB, SHOP

——-

third time i have bought Recipe. Plan to sell on strength

————-

Gildan looks well positioned. Short term, reopening play (tourism, concerts, work from home). Medium term, de-globalization play (as more manufacturing exits Asia)

Edited May 9, 2022 by Viking

[LC]

2 hours ago, backtothebeach said:

Gap closed.

 

I don't prescribe to the gap theory but, hey, nice call. 

[Gregmal]

More PCYO

[lnofeisone]

Added to STNE, NU. Overweight in VET but adding more. 

[fareastwarriors]

AIV and PCYO

[james22]

7 hours ago, JGBRK said:

I’m doing a Roth conversion while securities are depressed.

 

Good thinking.

[CorpRaider]

I bot a googl.  Just a teeny nibble.  CAPE might be going to 8.

Edited May 9, 2022 by CorpRaider