What are you buying today?

[Castanza]

Nibbling at NTDOY

[DooDiligence]

4 hours ago, John Hjorth said:

 

 

I'm by no means sure I grasp the concept .. Does being filthy rich imply that your destiny is to be malodorous?

 

The analogy (as I took it), is that the more you touch a bar of soap, the smaller it gets. The concept could be applied to mere mortals taking excessive draws on savings, and / or, high portfolio turnover in the wrong hands (read ME). Either way, I believe it boils down to behavior.

“All of humanity's problems stem from man's inability to sit quietly in a room alone.”

― Blaise Pascal, Pensées

 

To your point, I don't believe that being filthy rich preordains stink, but there sure are a lot of ultra wealthy, high profile individuals who could stand a good scrubbing.

[DooDiligence]

I'd also add that the original post was more about sticking to a particular style.

[Spekulatius]

3 hours ago, Castanza said:

Nibbling at NTDOY

Got a few in Tokyo at night. My limit order for NTDOY was a few cent too low.

[Dave86ch]

23 hours ago, roundball100 said:

One of the secrets to successful investing (as others here have stated in various ways) is to find a sound investment strategy that matches your own personality, and stick with it.  Different strategies work at different time periods, and many work over the long-term if you stick to them. The danger is repeatedly switching strategies to try to catch a better one, because by human nature and crowd influence, we tend to switch strategies at precisely the wrong time.  Let your gains compound, let your winners run.  A well known phrase and mental model that works for me: An investment portfolio of stocks is like a bar of soap --- the more you touch it, the smaller it gets.

Totally agree.

You need enough knowledge about your investment to weather volatility, which is not risk itself but an unequal balance between knowledge and entropy among the minds involved.

Ideally, knowledge compounds alongside wealth over a long time horizon.

 

Edited April 3 by Dave86ch

[rogermunibond]

For those that own or buy NTDOY, what's a back up the truck price for you?  $12/adr?

[Lazarus]

NTDOY was at $10 in late 2023. Just based on technicals and a potential down market from Iran dragging on, I wouldn't be surprised if it hit that low again. And then I'd back up the truck.

[Seoshin]

On 4/3/2026 at 3:01 AM, Castanza said:

Nibbling at NTDOY

How much Nintendo is enough?

[Castanza]

4 hours ago, Seoshin said:

How much Nintendo is enough?

I trade around a core position that’s generally around 10% 

[EgonKuhn]

I bought some diesel at the gas station today to fill up my car. One liter cost €2.50 (about $10.90 per gallon). I have a feeling that this should almost double the value of my car

[frommi]

12 minutes ago, EgonKuhn said:

I bought some diesel at the gas station today to fill up my car. One liter cost €2.50 (about $10.90 per gallon). I have a feeling that this should almost double the value of my car

Do you drive a tank truck?

[EgonKuhn]

Ordinary german diesel car. It takes indeed some effort to destroy the built in engine

[Castanza]

4 minutes ago, EgonKuhn said:

Ordinary german diesel car. It takes indeed some effort to destroy the built in engine

I almost purchased a  91' Mercedes 300D Turbo diesel a few years back....I often think of that swing and miss on my part...beautiful machines

[roundball100]

1 hour ago, EgonKuhn said:

I bought some diesel at the gas station today to fill up my car. One liter cost €2.50 (about $10.90 per gallon). I have a feeling that this should almost double the value of my car

This reminds me of the Texas millionaire whose friend bragged of once owning a ranch so large that it took him a full day to drive his truck around its perimeter. The millionaire replied: "When I was young, I used to have a truck like that."

[DooDiligence]

Every day, I get excited about buying some stock, and then I remember, I already have some.

[Eldad]

10 minutes ago, DooDiligence said:

Every day, I get excited about buying some stock, and then I remember, I already have some.

Haha exactly. Do nothing more. 

[wabuffo]

KNOP - the "floating pipeline" company....   

 

Actually bought them at $5 a while ago, bought them again when the GP made a take-under off at $10 and recently when the take-under offer was abandoned and the stock dipped briefly.

 

And today.... slight bump to the quarterly distro and some vague-ish capital allocation review language.... 

 

Bill

[dipod]

NTDOY common just before market close.

[Malmqky]

Some more Nintendo today.

[dipod]

41 minutes ago, Malmqky said:

Some more Nintendo today.

Samesies.

[Spekulatius]

7 hours ago, dipod said:

Samesies.

Same for me. bought more yesterday  and a little more today. I also added a little WDAY.

[Kizion]

Joined the party but bought Nintendo on Amazon broker

[Jaygo]

I bought more Arc yesterday on the dump. It is now a top 5 holding. I just don't think we ever get off fossil fuels because every time the price goes down we lean into more consumption. Truck sales go up in cheap oil environments, the poor become less poor in cheap energy environments by using more energy. 

 

It is one of those odd economic realities of a miracle product. Oil investment today is like buying farmland 40KM from a waterfront constrained city. It doesn't seem right day to day with the ups and downs but your grand kids will thank you. 

 

Between Arc and Topaz I expect that in the mid 2030's they will be paying a good chunk of my bills. I am not expecting any sort of comfortable ride but a prosperous one long term. 

 

 

 

 

[Marco Van Basten]

Bought cpac the other day.

[buylowersellhigh]

44 minutes ago, Marco Van Basten said:

Bought cpac the other day.

Do you expect Holcim to acquire the whole company?  What's the upside you see?