sleepydragon Posted April 23 Posted April 23 sold most of my ACI. only kept a coffee can position. add to my coffee can portfolio CORZ, CDLX, BGC, SDRL, CZR, FNMAS, DFIN, STNG, CNHI, IMMR
thowed Posted April 23 Posted April 23 MSCI Seems an overreaction to the results, Fernandez seems decent, & think should do OK long-term (it's a not unknown brand, right?), though not exactly 'cheap'.
ValueMaven Posted April 23 Posted April 23 Also bought MSCI today ... was down -15% at one point. Huge switching costs and I like their approach to capital allocation. Rare to get a quality compounder like this on sale.
Dinar Posted April 23 Posted April 23 44 minutes ago, ValueMaven said: Also bought MSCI today ... was down -15% at one point. Huge switching costs and I like their approach to capital allocation. Rare to get a quality compounder like this on sale. I disagree with you. There are no switching costs, and tremendous customer concentration with customers incentivized to switch.
sleepydragon Posted April 23 Posted April 23 MSCI charges a fortune on their Barra data - the bank I used to work for pay a couple millions for it. Nowadays there’s Axiomas which is a competitor and much cheaper. Still, the large places will keep using it but less so. Another revenue source is MSCI index. The only people who pays for their index data are those who prop trade around index rebalancing but they are all losing money. I would rather buy SP Global if paying such a high premium
dpetrescu Posted April 23 Posted April 23 Bough a bunch more Simpson Strongtie. This is my forever 80% of portfolio position. Below expectations earnings - down almost 12% at the bottom today. They definitely are tied to housing starts. Love to see the PE under 20 on this
sleepydragon Posted April 24 Posted April 24 5 hours ago, sleepydragon said: MSCI charges a fortune on their Barra data - the bank I used to work for pay a couple millions for it. Nowadays there’s Axiomas which is a competitor and much cheaper. Still, the large places will keep using it but less so. Another revenue source is MSCI index. The only people who pays for their index data are those who prop trade around index rebalancing but they are all losing money. I would rather buy SP Global if paying such a high premium But what do I know.. I knew about this company for the past 20 years but didn’t buy any:(
samwise Posted April 24 Posted April 24 6 hours ago, sleepydragon said: Another revenue source is MSCI index. The only people who pays for their index data are those who prop trade around index rebalancing but they are all losing money. All the passive indexers pay for index data . That’s why vanguard switched to ftse 10 years ago, to save on the fees. MSCI crashed then and I should have bought, but didn’t because I thought others might follow.
Kizion Posted April 24 Posted April 24 (edited) 10 hours ago, dpetrescu said: Bough a bunch more Simpson Strongtie. This is my forever 80% of portfolio position. Below expectations earnings - down almost 12% at the bottom today. They definitely are tied to housing starts. Love to see the PE under 20 on this It’s 80% of your portfolio? EDIT: Already found my answer in your other posts - thanks Edited April 24 by Kizion
lnofeisone Posted April 25 Posted April 25 3 hours ago, Luca said: Haha nice. I did the same but with verticals.
Kizion Posted April 25 Posted April 25 (edited) Bought in past days some HHH (and sold covered calls @70), SOLB, MSCI & META (waiting for first bump before also writing some covered calls). Added some additional margin. All positions are for short to midterm with exit price in mind. Edited April 25 by Kizion
Malmqky Posted April 25 Posted April 25 Nintendo! ~25% market cap in cash PE of ~17 Conservative management Incredibly well protected and nurtured brand LOTS of exciting things in the works - Switch 2, continued focused on “App Store” model for lack of a better term, theme parks and movies
Gregmal Posted April 25 Posted April 25 Yea I grabbed a bit more Nintendo too. Really puzzling trader this one is. Fundamentals inflecting and stock drives to $15, and then sells off after a couple dumb hit pieces relating the the timing on new console, IE we are talking a few quarters, and now off $3+ from the highs.
Xerxes Posted April 25 Posted April 25 Disney => 34% since oct 2023 Nintendo => 16% since oct 2023 cherry picking? of course I am Go Bobby
Malmqky Posted April 25 Posted April 25 9 minutes ago, Xerxes said: Disney => 34% since oct 2023 Nintendo => 16% since oct 2023 cherry picking? of course I am Go Bobby So you're saying Nintendo should be up at least 68% since Oct because it's twice the company Disney is ;)?
Saluki Posted April 25 Posted April 25 I picked up some ENPH and one of my resting limit orders for NTDOY got filled today
John Hjorth Posted April 25 Posted April 25 Started with small positions today in : FABG.STO [Fabege AB, Stockholm, Sweden], & WIHL.STO [Wihlborgs Fastigheter AB, Malmö, Sweden].
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