What are you buying today?

[sleepydragon]

Sold ibkr puts 

[Spekulatius]

Starter in PINS and small adds to many existing positions.

[Cod Liver Oil]

Topped up JOE, some M in non taxable accounts, starter in ACA (thanks @Dinar), added to Richemont. 

LVMH and TSM starting to look cheap.  Tariffs and on-shoring are a very crude way to address the deficit.

Bought my 7 year old a pogo stick and crash helmet.

[valueventures]

1 hour ago, Spekulatius said:

Starter in PINS and small adds to many existing positions.

What's your rationale on this one? I was in PINS for a while based on the thesis that the platform could be monetized with ads since it's a "product-based" social network. What I learned is that in periods of distress (e.g., 2022), there's a "flight to safety" and more proven ROI on ad spend via Meta and others. I like the financial profile of PINS (e.g., limited or no debt if I recall), but think there are much easier hurdles out there.

[John Hjorth]

27 minutes ago, Cod Liver Oil said:

... Bought my 7 year old a pogo stick and crash helmet.

 

@Cod Liver Oil,

 

Buckle up!  Here in Denmark, a pogo stick is called a 'kængurustylte', which translates in English to 'kangaroo stilt'. 

 

- - - o 0 o - - -

 

Both MC.PA and CDI.PA are finally beginning to come down to us, let's see how much, it for sure can become much more worse with markets than what it already is by now.

 

I'll likely wait a bit more before buying more. 

Edited April 3, 2025 by John Hjorth

[jouni1]

On 3/18/2025 at 5:14 PM, Cod Liver Oil said:

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? 

Wiz is also pretty amazing. I just bought some GOOGL for the first time ever.

[Agrippa07]

added to Lululemon and PayPal, also started a new position in Novo and LVMH

[Milu]

39 minutes ago, Agrippa07 said:

added to Lululemon and PayPal, also started a new position in Novo and LVMH

Tempted to add to my Lululemon and LVMH holdings. Generally try to avoid most 'retail' type businesses but the valuations are getting reasonably attractive.

 

I'm on the fence with Nike, I've admired the company for a long time but feel like it could be on a long term decline. With Lulu and LVMH they have mostly been executing well and are being punished in this new tariff environment. Nike's issues have predated this.

[gfp]

Cleveland Cliffs at $3.39 Billion market cap!  I think I'm gonna nibble on that.  Kind of amusing to picture Fairfax just writing a check and taking the whole thing 

Edited April 4, 2025 by gfp

[texual]

Re opened a position on BAC

Added to SHOP

Started position in OXY

[ASTA]

bought EVO sold puts 2027 on nike, oxy, amazon, asml, LVHM, lululemon and google.

[Libs]

CASH, our beloved bank. Should be relatively unaffected by the tariff tantrum. Hitting on all cylinders and back down to 9X earnings.

[frommi]

sold the rest of PM and bought GOOGL.

[Luke]

I think PDD is getting exceptionally cheap again...

[Whensthepaintdry?]

Added some googl and picked up some ffh

[Masterofnone]

49 minutes ago, Libs said:

CASH, our beloved bank. Should be relatively unaffected by the tariff tantrum. Hitting on all cylinders and back down to 9X earnings.

Same. Love to see it go down some more.

[KPO]

ABNB, M, MGM

[Gregmal]

MGM, Fairfax, MSGE

[Red Lion]

Got put APO and AMZN, so my little put selling experiment came to an early conclusion since I don't have any great interest in selling covered calls at these levels. 

[tnathan]

1 hour ago, Libs said:

CASH, our beloved bank. Should be relatively unaffected by the tariff tantrum. Hitting on all cylinders and back down to 9X earnings.

Rates down is a negative

[villainx]

9 minutes ago, Red Lion said:

Got put APO and AMZN, so my little put selling experiment came to an early conclusion since I don't have any great interest in selling covered calls at these levels. 

 

Not that this board is representative of anything, but noticed there were more discussions on option trading strategies the past few months, selling puts, covered calls, etc.  Not sure if there's anything to make of it, but ... just noticed.

 

[villainx]

23 minutes ago, Gregmal said:

MGM, Fairfax, MSGE

 

I guess I'm waiting to add to Fairfax.  Small adds to bunch of names, but so small I wouldn't even call it an add, more like drips to JOE, MGM, FTAI, LQDA, and ATZAF. 

[Santayana]

Moved some cash that was sitting in SGOV to TLT. 

[Red Lion]

26 minutes ago, villainx said:

 

Not that this board is representative of anything, but noticed there were more discussions on option trading strategies the past few months, selling puts, covered calls, etc.  Not sure if there's anything to make of it, but ... just noticed.

 

Maybe all the increased volatility in the markets, makes selling options more attractive. I did shave a few percent off my losses vs. just staying long. Someone perfectly timed some OTM put options for hedging, wish I'd taken that approach instead haha

[longlake95]

FFH