What are you buying today?

[CorpRaider]

(In the voice of Charles Dickens) Bard said it likes $LUV more than $SAVE fyi @Spekulatius.  haha

Edited March 24, 2023 by CorpRaider

[Saluki]

added a little Coupang.  

 

Not any particular news, but I've been thinking about diversifying globally as well as across industries.  Ideally with compounders instead of cyclicals. 

 

Coupang (CPNG) (probably 1/2 the position size I want, but I'm already fully deployed)

Fairfax India (FFXDF): India (could add some more)

Televisa (TV):  Mexico (full position)

Alibaba (BABA): China (full position)

 

I've been thinking about a good one for South America, but although Petrobras looks cheap, It's a cyclical.  I really admire what Mercado Libre has done and how it's managed, but it's too rich for my blood. Tigo Millicom I've looked at but can't pull the trigger. Anyone have any suggestions for cheap latin american companies with compounder potential?  

[LC]

PSMT? Spek likes it. Not sure about cheap but maybe for the watchlist.

[Viking]

SU. Looks like financial panic is abating. So oil, which got absolutely crushed over the past 2 weeks, is popping higher... makes perfect sense  Oil stocks, like SU, look crazy cheap. 

[Spekulatius]

1 hour ago, LC said:

PSMT? Spek likes it. Not sure about cheap but maybe for the watchlist.

PSMT isn't cheap right now, i wouldn't buy it. It a quite well run retail outfit operating in a tough neighborhood though.

[Dave86ch]

Added to 9988HK BABA

[Red Lion]

Bought a big chunk T Bills maturing 7/25/23 for a 4.85 YTM. I am still looking into brokered CDs, but I think the T-bills give me liquidity as good as cash (for my purposes). Right now I'm sitting on a pretty big chunk of cash(T bills maturing 7/11 and 7/25) while contemplating the pros and cons of buying a private market real estate investment vs. investing in stocks or other securities. Also waiting for the right opportunity (in either of the above asset classes). 

[KJP]

Leatt Corp.

[Luke]

More Nintendo

[tede02]

Yesterday I bought a tiny position in the common and preferred of SYF.

[Red Lion]

CPT

[lnofeisone]

bought back FRC preferred for a quick trade. 

[Saluki]

Sold a small position that I didn't want to hold anymore and bought some TV, Fairfax India, and Eneti.  

[longlake95]

Yesterday, Added a little TVE to my oil basket.

[Saluki]

Added a little Eneti and Fairfax India.  

[lnofeisone]

Picked up some 15 VET calls expiring in April. Corrib news is expected today/tomorrow and I think we might just get a pop but VET has been very disappointing otherwise. 

[Ulti]

1 hour ago, lnofeisone said:

 VET has been very disappointing otherwise. 

 

Ha you can say that shit again 

[KPO]

CFFN starter 

[Spekulatius]

I added a bit of $CASH.

[Luke]

More Nintendo, now 5% Position

[WFF]

Pick up some PSBC in HK at the close today.  

[Gregmal]

Grabbed a flyer on BUR into weekend. Pure gamble on ruling 

[alxcii]

50 minutes ago, Gregmal said:

Grabbed a flyer on BUR into weekend. Pure gamble on ruling 

 

Tempted to add but I already have a chunky position, feels like market underreacted to me.

[Red Lion]

3 hours ago, Gregmal said:

Grabbed a flyer on BUR into weekend. Pure gamble on ruling 

Nice timing. I was thinking of adding last couple week but I ended up buying a bank basket instead. 
 

even after the 50% move I think this could still be quite undervalued, and all the Covid delays in their business will likely lead to significantly larger returns as I understand their litigation contracts typically have a relatively generous preferred return type setup. 
 

the market is just like a whiny client with a legal case. Everything always moves too slow, but in the long run I think BUR is a really attractive business model. 

[Gregmal]

Flipped BUR and XLE and bought some GLD