What are you buying today?

[dipod]

FRFHF. The failure to rise with their outstanding results makes no sense but the market will be a weighing machine in the long term.

[valueventures]

Small add to TRRVF

[Luke]

On 2/20/2024 at 10:35 PM, lnofeisone said:

Starters in INTC and COF. 

Interesting, my worry with intel is that they won't be competitive enough in the foundry business cost wise and experience wise, have lagged in CPU/GPU performance and lost data center revenue etc...what do you see here?

[lnofeisone]

28 minutes ago, Luca said:

Interesting, my worry with intel is that they won't be competitive enough in the foundry business cost wise and experience wise, have lagged in CPU/GPU performance and lost data center revenue etc...what do you see here?

I think what you are buying today is an average-priced enterprise with 3 embedded potential catalysts: 1) IFS, 2) Mobile Eye, and 3) Network and Edge group. 

 

Getting one of these right will be transformational. Throw in Gov't loan/grant/support and I think the odds are heavily tilted in INTC's favor. 

 

[Luke]

18 minutes ago, lnofeisone said:

I think what you are buying today is an average-priced enterprise with 3 embedded potential catalysts: 1) IFS, 2) Mobile Eye, and 3) Network and Edge group. 

 

Getting one of these right will be transformational. Throw in Gov't loan/grant/support and I think the odds are heavily tilted in INTC's favor. 

 

Thank you for sharing

[Gmthebeau]

short sale SMCI, probably close the position today or tomorrow.

 

[Malmqky]

VAL, probably making it a real position at this point.

[Gmthebeau]

52 minutes ago, Gmthebeau said:

short sale SMCI, probably close the position today or tomorrow.

 

closed small loss, not working

[Stuart D]

12 hours ago, Malmqky said:

VAL, probably making it a real position at this point.

Nice. Increased BB. Seems like a good setup.

[John Hjorth]

Started a new position in NDEA.CPH [Nordea Bank Afp, the share of the bank listed at NasdaQ OMX Copenhagen] today with a small position, after having left the stock almost about 10 years ago.

[sleepydragon]

Started a new position in HES

[aws]

On 2/20/2024 at 9:37 AM, lnofeisone said:

This is what I was curious about too. OZ hinges around investment and holding for deferral purposes. So how would that work if one buys OZ and then sells OZ. Is that the same as selling holdings in OZ triggering tax events? What if OZ itself sells something, does that mean a tax event triggered? 

 

A sale or other disposal of shares by you is called an inclusion event, which is treated as an exact reversal of the deduction you receive when you buy it. In my case I am deferring short-term capital gains, so at the end of 2026 when OZ rules sunset, or whenever I sell it, I would have a short-term capital gain again as of that new date. You don't have to pay back interest and penalties like you underpaid taxes for the year of the original gain. If you bought and sold the same day or something just to try to push your tax bill out a year that would likely be quashed in an audit as a sham transaction, but if you simply bought because it traded at a huge discount and sold when that discount narrowed I would think that would be easily defensible. That's what I have done in the past and may likely do again since the stock is bouncing back nicely, but luckily I haven't been audited yet.

 

The entity is a partnership so all activity, including sales of assets, flows out to you on a k-1. 

 

[Cod Liver Oil]

Coupang because it reminds me more and more of Spotify at 100.

 

 

Edited February 29 by Cod Liver Oil

[ArminvanBuyout]

4 hours ago, Cod Liver Oil said:

Coupang because it reminds me more and more of Spotify:

 

 

In what way?

[n.r98]

12 hours ago, sleepydragon said:

Started a new position in HES

what's ze tldr

Edited February 24 by n.r98

[Cod Liver Oil]

@ArminvanBuyout Spot and Coupang both have fanatic founder/owner/operators. Both are dominant franchises very hard to disrupt. Both obsessed with the consumer experience.  Its unclear in both situations how they will use their platform to achieve real margins so they are (Spot was at $100) priced with some justifiable skepticism. Imo, Ek and Bom will create the levers to tune the platforms to become fcf machines. They have both built remarkable services which have become verbs in consumers lives. If they dont, the downside seems priced in. If they can move the businesses into harvest mode, the stocks will do great. Ek and Bom are unicorn entrepreneurs in their prime who will probably win. I love busted IPOs where the business is getting better but the stock is going nowhere.

Edited February 26 by Cod Liver Oil

[sleepydragon]

6 hours ago, n.r98 said:

what's ze tldr

A slightly cheaper way to own CVX. Companies like CVX shall have less downside (compared to techs and financial) if we have a imminent recession 

[Luke]

Bought two things: HCC NYSE and PNP TSE

[Lance]

AIRC, Jardine Cycle & Carriage and UMH

 

Thanks

Lance

[Spekulatius]

Adding a little $G here in some accounts.

[Castanza]

NNI, MAA, AIRC, JOE

 

@Lance What do you like about UMH? 96% FFO already utilized for payout with not much room for growth.

[throw123]

Started a position in NESN, will add to on further weakness 

[formthirteen]

Diworsifying from quality with small positions in CABO, CHTR, EC, PBR-A, and some preferred shares that are paying big dividends, unless the companies go bankrupt as some speculate.

[Saluki]

Sold out of a small position in KNOP for a small loss after earnings came out and bought some NTDOY, FF India, and sprinkled the rest around in a few small positions.  

[Lance]

22 hours ago, Castanza said:

NNI, MAA, AIRC, JOE

 

@Lance What do you like about UMH? 96% FFO already utilized for payout with not much room for growth.

Hi Castanza - not much.  It's part of a basket of second rate residential plays that I've acquired (AAT, AIRC, ELME and UDR), which I'll likley sell on any moves up. 

 

Thanks

Lance