What are you buying today?

[Intelligent_Investor]

Bought a 5% 17month CD from my Credit Union. Currently higher than any of the treasury rates

[Luke]

On 3/22/2023 at 3:48 PM, Cod Liver Oil said:

How large are you making Nintendo? What factors are informing your timing?

We have it at 10% now thinking the transition to higher margin subscription/app business, monetization of IP in parks and movies and near term console upgrade will all play out in the next 12 months. The fan base shows all the signs of healthy addiction.

i dont have positions bigger than 20% and only with very high conviction, Nintendo i want to make 5-10%

[Saluki]

My Fairfax India limit order was filled    I have almost a full position now but no more cash without selling something else, but if it comes down more or I sell something, I may add more. 

 

Air India last month announced that it is buying 470 new aircraft from Airbus and Boeing and wants to be a global aviation leader. One of the airports that they fly out of is Bangalore, which was recently enlarged and may be publicly traded soon. And FF India is still selling below the self-tender price.  

[Luke]

Added to prosus and tencent, the quarter was really decent, management is stellar and runway+tailwinds are huge. very bullish

Edited March 23, 2023 by Luca

[ICUMD]

TD bank

[boilermaker75]

Writing OXY 57-strike, March 24 expiration puts, $0.31 per share.

[Ross812]

Brk.B and Deutsche Telekom 

[Spooky]

More BRK more BAC.

[Red Lion]

More TD and JPM. 

[Whensthepaintdry?]

Brk and mkl

[maxthetrade]

2 hours ago, boilermaker75 said:

Writing OXY 57-strike, March 24 expiration puts, $0.31 per share.

 

Same here.

[WFF]

More BAC 

[lnofeisone]

Bought some KNOP. 

[KPO]

HST

[formthirteen]

6 hours ago, lnofeisone said:

Bought some KNOP. 

 

I also bought some KNOP options lottery tickets earlier this week.

[lnofeisone]

6 hours ago, formthirteen said:

 

I also bought some KNOP options lottery tickets earlier this week.

I'm debating if selling 10 puts here makes sense. They could just be bought out by the parent. 

 

Bought FNF, JXN, DB and FRC preferred lotto ticket. 

[Saluki]

Bought some VTS and OXY with the last of my proceeds from the ATCO squeezeout.  

[Red Lion]

Bought some CLPR today. I have $5 calls expiring in June - September. My thinking here is that I will sell the calls for a loss after 30 days, unless the price rebounds in which case I can still exercise and be around a full position. 

[Xerxes]

Good lord !

No one is interested in buying the dip on CharlesSchawb !

[tede02]

I bought some more brokered CDs (1, 2 & 3 yr) yielding over 5% with idle cash. 

[KCLarkin]

9 minutes ago, Xerxes said:

Good lord !

No one is interested in buying the dip on CharlesSchawb !

I am interested. But you have a two-faced monster. You have an industry heavy weight with enormous (and latent) earning power. You also have a bank with M2M negative tangible equity.

 

I'd lean towards buying. But you have to consider the risk of a dilutive equity raise or years of low earnings.

 

For me, the deciding factor is that management made a huge (and obvious!) mistake with their balance sheet. I'd rather invest alongside Thomas Peterffy.

 

But definitely tempted...

 

[CorpRaider]

19 minutes ago, tede02 said:

I bought some more brokered CDs (1, 2 & 3 yr) yielding over 5% with idle cash. 

I did too.  Hit that 5% for granny.  

Edited March 24, 2023 by CorpRaider

[Red Lion]

Are the brokered CD’s fdic insured up to 250k? I was reading that they might not be? 

[CorpRaider]

The documents related to my purchases said they were FDIC insured but cautioned to check the overall cap against other exposures to the borrowing institution.  

Edited March 24, 2023 by CorpRaider

[Spekulatius]

I forgot who brought it up - but I did like MBB.DE (German Holding co) good enough to buy a few shares:

https://www.mbb.com/ir/praesentationen.html

 

I think it's pretty cheap as well.

Added to a few positions in LUV, NTDOY etc.