What are you buying today?

[Castanza]

FRFHF

[This2ShallPass]

Added little more to Prosus and Fairfax India.

[Spekulatius]

A bit more GRVY last week. It’s a net net now.

[villainx]

4 hours ago, Spekulatius said:

A bit more GRVY last week. It’s a net net now.

 

Hasn't it been essentially been that for a while?

 

[Spekulatius]

1 hour ago, villainx said:

 

Hasn't it been essentially been that for a while?

 

Yes, that’s correct, the stock was close, but now it’s now below net cash. Ironically controlled by a Japanese co (Gung-Ho) which is nos serious buying back stock.

 

GRVY trades below net cash and thry made ~$8.5/ share in a down year. Pretty cheap for a $54 stock, but no catalyst. As we know, cheap can get cheaper.

Edited March 17, 2025 by Spekulatius

[bizaro86]

4 hours ago, Spekulatius said:

Yes, that’s correct, the stock was close, but now it’s now below net cash. Ironically controlled by a Japanese co (Gung-Ho) which is nos serious buying back stock.

 

GRVY trades below net cash and thry made ~$8.5/ share in a down year. Pretty cheap for a $54 stock, but no catalyst. As we know, cheap can get cheaper.

 

Are you aware of any operational issues here? A quick scan on tikr makes me think this is a great deal. Seems consistently profitable, huge cash balance. I like a public company as majority shareholder a lot more than an individual here.

[villainx]

7 hours ago, bizaro86 said:

Are you aware of any operational issues here?

 

Their games haven't been growing as much (or hasn't been hit).  But I haven't followed dynamics that closely.  They seem to be getting their licenses and permission in the various countries in order though, so that side seems to be unconstrained. 

 

 

[Red Lion]

New position in AMZN. Talk about being late to the party. 

[villainx]

I hear this internet shopping thing might be huge one day.  Though I'm not sure folks are ready to stop going to stores.

[lnofeisone]

11 minutes ago, Red Lion said:

New position in AMZN. Talk about being late to the party. 

I've been buying Google slowly. I've only been working with their products for 10+ years and this is my 3rd time owning them including buying shortly after IPO and sold for 30% gain thinking I was smart. 

[Castanza]

BX

Edited March 17, 2025 by Castanza

[Red Lion]

29 minutes ago, lnofeisone said:

I've been buying Google slowly. I've only been working with their products for 10+ years and this is my 3rd time owning them including buying shortly after IPO and sold for 30% gain thinking I was smart. 

 

I've been wanting to add Google as well. I bought a bunch of GOOGL and LEAP options back in the $80-$100 range a couple years back (same time FB was in on the ropes) and been thinking it looks like a good relative value here. Since I'm doing this inside a retirement account with limited funds I've been trying to decide whether to lighten up on some CPT/MAA. 

[frommi]

sold some puts on GOOGL.

[Castanza]

GOOGL, META, BX

Edited March 18, 2025 by Castanza

[no_free_lunch]

Everything I see is wonderful.   So many well priced equities.  Balance is returning.  Both rest and multiply.  

[Spekulatius]

I don’t like Trump but don’t mind the Trump stock market at all. Trump is making volatility great again! 
 

Yeehah!

[Ross812]

fslr

[Red Lion]

GOOG

[backtothebeach]

Why is GOOGL (with voting rights) more than 1% cheaper than GOOG (without)?

[Cod Liver Oil]

Yes, they are paying 30 times sales for Wiz, but I heard Wiz is eating up customers so you get a bunch of great businesses for 18 times earnings.  I added for the first time in 10 years at 160.  So much great stuff in here: YT, security, self-driving, search. As Twain said "reports of my death have been greatly exaggerated."  What other companies stand perfectly balanced on the threshold between present and future pissing pure excellence in every direction? 

Edited March 18, 2025 by Cod Liver Oil

[mistakenpoint]

42 minutes ago, backtothebeach said:

Why is GOOGL (with voting rights) more than 1% cheaper than GOOG (without)?

I think Alphabet issues GOOG for stock comp and buys back a lot more GOOG. So more demand for GOOG could be the reason.

[mistakenpoint]

7 minutes ago, mistakenpoint said:

I think Alphabet issues GOOG for stock comp and buys back a lot more GOOG. So more demand for GOOG could be the reason.

[formthirteen]

Spoiler

GOOG

 

[dipod]

GOOG, AMZN

[Junior R]

also added googl but not at the low of the day lol