What are you buying today?

[competitive-advantage]

Added some Jobindex A/S  (JOBNDX)

[Gregmal]

Already a full and happy position for me but added another 10% to MSGS. In light of the Suns the current price is just stupid. 

[Luke]

Added to fairfax, still a small position for me 

[n.r98]

Covering some shorts today. CBOE PCR abnormally high + January effect? Just dart throwing here probably to rationalize some profit taking but we'll see.

[Castanza]

GOOGL

[treasurehunt]

A decent amount of AMZN and some DVN.

Would add to GOOG/GOOGL too, but already have a sizeable allocation.

 

Fine, I confess I also bought a bit of TSLA. Definitely more speculation than investment.

[Viking]

SU, CNQ, TRP, GOOG, AMZN, PYPL, DIS. Continued to lighten up on FFH (now below a 30% position).

Edited December 22, 2022 by Viking

[Dave86ch]

Added to Bitcoin

[Castanza]

TSN, JOE, TSM, OXY

[Spekulatius]

1 hour ago, Castanza said:

TSN, JOE, TSM, OXY

I have added to TSN as well, as well as a few others (averaging down).

 

Just saw the proxy and I am voting against any board member with zero stock. Don't care what else they do.

I do this  pretty much for all proxys.

 

I also started a position in CRWD.

Edited December 23, 2022 by Spekulatius

[Castanza]

14 minutes ago, Spekulatius said:

I have added to TSN as well, as well as a few others (averaging down).

 

Just saw the proxy and I am voting against any board member with zero stock. Don't care what else they do.

I do this  pretty much for all proxys.

 

I also started a position in CRWD.

Haha I like it. Haven’t read over the proxy yet but will probably follow suit with that thought process. 

[Xerxes]

https://financialpost.com/telecom/media/michael-bloomberg-looking-to-buy-dow-jones-washington-post
 

Looking to beef up 

[Dave86ch]

Few Gwei Ethereum and staked at 4% APY

[Luke]

Opened a position on LVMH

[lnofeisone]

AMZN, GOOGL, BX, BAC, and trying to fill ORG but it may take a second.

[Agrippa07]

Added to IAC, opened small positions in Twillio and Airbnb

 

 

[ValueArb]

I'm trying to build a position in something I found that is trading at roughly 50% of intrinsic value, with a pending liquidity catalyst in probably 6 months. The problem is its only trading about $150k a day, so I can't really talk about it lest someone blow me out of my bids. Of course its unlikely anyone here has any interest in a tiny shitcap, but better safe than sorry.

[Dinar]

1 minute ago, ValueArb said:

I'm trying to build a position in something I found that is trading at roughly 50% of intrinsic value, with a pending liquidity catalyst in probably 6 months. The problem is its only trading about $150k a day, so I can't really talk about it lest someone blow me out of my bids. Of course its unlikely anyone here has any interest in a tiny shitcap, but better safe than sorry.

How big are you trying to get?  If this is as attractive as you think, why not pay up 2-3% and get it?  Unless you are trying to buy $5MM of it.  

[Whensthepaintdry?]

Bought some WWW. Probably going to be tough road ahead for this one. 

[DooDiligence]

A little more GOOGL and DIS.

[ValueArb]

15 hours ago, Dinar said:

How big are you trying to get?  If this is as attractive as you think, why not pay up 2-3% and get it?  Unless you are trying to buy $5MM of it.  

 

LOL, I only accumulated $17k in a little less than a week and now it's spiked 20%. There is a chance that it's actually well below 50% IV even at the higher price but I have to think more about the value of it's less certain assets more before paying up.

 

It was so much work buying $700 at a time I'm not sure if it was worth it. Maybe I should have just fed the ask to see how much it would have taken at the lower prices. My habit is never to pay above bid, and just walk away if it isn't hit, but that may have burned me.

[Dinar]

48 minutes ago, ValueArb said:

 

LOL, I only accumulated $17k in a little less than a week and now it's spiked 20%. There is a chance that it's actually well below 50% IV even at the higher price but I have to think more about the value of it's less certain assets more before paying up.

 

It was so much work buying $700 at a time I'm not sure if it was worth it. Maybe I should have just fed the ask to see how much it would have taken at the lower prices. My habit is never to pay above bid, and just walk away if it isn't hit, but that may have burned me.

Read Philip Fischer - common stocks and uncommon profits, if you have not already.  If I like something, I will pay ask so not to kick myself later.

[ValueArb]

37 minutes ago, Dinar said:

Read Philip Fischer - common stocks and uncommon profits, if you have not already.  If I like something, I will pay ask so not to kick myself later.

 

I buy way more shitty stocks than Phil Fischer did. Paying ask often is risky since I need a huge margin of safety. If Phil overpaid for his growth stocks, in a couple years it would hardly matter given how much they appreciated.

[UK]

AMZN, JOE. 

[Red Lion]

Bought a little bit of BX with the small amount of cash I had in retirement account. This is essentially a full position for me at about 5% of my liquid portfolio, but I added 20 basis points, I think it's a real bargain here.