Charlie Posted July 28, 2022 Posted July 28, 2022 Sold the last of the underperforming fund of my parents and bought with the proceeds half Berkshire b shares and Bank of America shares.
boilermaker75 Posted July 28, 2022 Posted July 28, 2022 I have been continually writing BRKB puts as the price has risen. I have strike prices from 270 to 290 expiring tomorrow.
lnofeisone Posted July 29, 2022 Posted July 29, 2022 1 hour ago, fareastwarriors said: More $META... I bought a starter in META. to force myself to do work. Added a bit to DIS, FRPH. Bought back Aug and Sep 22.5 VET puts. VET is still 20% of portfolio.
Agrippa07 Posted July 29, 2022 Posted July 29, 2022 Yesterday: bought more Meta, now a full position (10%) in my portfolio.
backtothebeach Posted July 29, 2022 Posted July 29, 2022 On 6/9/2022 at 4:42 AM, Blugolds11 said: Sold BRK puts <300, 9 days out…bid wasn’t super sexy but its easy money and the volume sold was enough to make it enticing. Heads/tails I win as I’m sitting on a ton of cash from a recent home sale and would like to put it to work in some capacity. I’ll likely keep doing this until I get assigned over the next couple weeks/months. On 6/9/2022 at 2:03 PM, backtothebeach said: Don’t jinx it by saying ‘easy money’ lol. Selling 200 strike puts on March 4, 2020 was easy money, too - five months later. BRKB back at $300, only 7 weeks later. Low price was $263.71.
boilermaker75 Posted July 29, 2022 Posted July 29, 2022 36 minutes ago, backtothebeach said: BRKB back at $300, only 7 weeks later. Low price was $263.71.
Spekulatius Posted July 29, 2022 Posted July 29, 2022 Added to CMCSA and KNBE (speculative cybersecurity play).
Red Lion Posted July 30, 2022 Posted July 30, 2022 Presumably meta. I’m short $170 puts that expire today, still showing as short in my Schwab acct.
formthirteen Posted July 30, 2022 Posted July 30, 2022 8 hours ago, RedLion said: Presumably meta. I’m short $170 puts that expire today, still showing as short in my Schwab acct. I have some $155 ones expiring a bit later that have been exciting to follow. I'm less excited about META now that Zuck has proven that he makes big mistakes. Due to confirmation bias I thought he was not human but he has made many stupid mistakes in hindsight. He's a family man now so he has other priorities. The government is also trying to prevent META from practicing capitalism and buying smaller companies. META needs a new CEO.
Blugolds Posted July 30, 2022 Posted July 30, 2022 On 7/29/2022 at 9:52 AM, backtothebeach said: BRKB back at $300, only 7 weeks later. Low price was $263.71. I actually got assigned quite a few of those I mentioned over the last couple months…hindsight is again, I should have been more aggressive..but at the time I thought/hoped it would continue to go lower. They weren’t all assigned obviously..but I’m glad some were.
Sweet Posted July 30, 2022 Posted July 30, 2022 12 hours ago, formthirteen said: I have some $155 ones expiring a bit later that have been exciting to follow. I'm less excited about META now that Zuck has proven that he makes big mistakes. Due to confirmation bias I thought he was not human but he has made many stupid mistakes in hindsight. He's a family man now so he has other priorities. The government is also trying to prevent META from practicing capitalism and buying smaller companies. META needs a new CEO. I also think META needs a new CEO, but I can’t recall a big mistake yet, I think the ‘metaverse’ will become a big mistake. What are the other big mistakes he has made in your opinion.
Gregmal Posted July 30, 2022 Posted July 30, 2022 Part of my skepticism on big tech stuff the past 6 months has been the lose lose situation they’re in politically. Which you’re starting to see big time now. Whether it’s something as big as Activision, as small as this $400m app FB wants, or something totally negligible and unrelated to your core business like the AMZN $4b med company deal….they’re getting major pushback. Acquisitions have been huge boosts to big tech. And that’s over now.
formthirteen Posted July 31, 2022 Posted July 31, 2022 9 hours ago, Sweet said: I also think META needs a new CEO, but I can’t recall a big mistake yet, I think the ‘metaverse’ will become a big mistake. What are the other big mistakes he has made in your opinion. I like philosophical questions... He destroyed the Facebook brand. Hence the rebrand to Meta. Their websites and apps Zuck from a UX point of view. I don't think the organization can build new products so he should just buy something. The government doesn't like Meta: https://www.forbes.com/sites/alisondurkee/2022/07/27/ftc-sues-meta-to-block-acquisition-of-vr-company-within/ He should do something about that. Maybe resign. Not that any of this matters. FCF after SBC etc matters. Zuck is doing quite well there but getting worse.
Sweet Posted July 31, 2022 Posted July 31, 2022 @formthirteenagree with all of that. I think they should focus on acquisitions rather than trying to innovate themselves. I think Metaverse is going to be a huge waste of money. Better would be to have an acquisition team who buys up the best companies. They bought Instagram for a billion - what a purchase that was.
changegonnacome Posted July 31, 2022 Posted July 31, 2022 Kind of feel like the Zuck just needs to sit tight and keep HIS nose clean for a while - TikTok is one, maybe two more spy/teenage suicides away from getting turfed out of the USA with the EU following big daddys lead. Maybe it getting sold again to MSFT or Oracle could happen but if ChiMerica relations deteriorate further a straight up ban could be politically expedient for everybody in DC & the K street army. META would rally 50% that morning. Zuckerburg might be rascal but he's OUR rascal & whats worse than Mark Zuckerburg?......a Chinese Mark Zuckerburg you cant see, who drinks tea with Xi and you cant beat the shit out of him/her on TV at a Congressional committee.
kh812000 Posted August 1, 2022 Posted August 1, 2022 https://techtieguy.com/mark-zuckerberg-braces-meta-staff-for-intense-interval/ Speaking of coasting.... Zuck in my META feed always hard at work...
Red Lion Posted August 1, 2022 Posted August 1, 2022 Starter/tracking position in GOOGL. T-bills maturing February 2023 for 2.9% YTM.
formthirteen Posted August 2, 2022 Posted August 2, 2022 OPEN, RDFN, and Z. Not an endorsement of any one of them.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now