Jump to content

What are you buying today?


LowIQinvestor

Recommended Posts

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. 

Link to comment
Share on other sites

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...

 

Link to comment
Share on other sites

added a little Coupang.  

 

Not any particular news, but I've been thinking about diversifying globally as well as across industries.  Ideally with compounders instead of cyclicals. 

 

Coupang (CPNG) (probably 1/2 the position size I want, but I'm already fully deployed)

Fairfax India (FFXDF): India (could add some more)

Televisa (TV):  Mexico (full position)

Alibaba (BABA): China (full position)

 

I've been thinking about a good one for South America, but although Petrobras looks cheap, It's a cyclical.  I really admire what Mercado Libre has done and how it's managed, but it's too rich for my blood. Tigo Millicom I've looked at but can't pull the trigger. Anyone have any suggestions for cheap latin american companies with compounder potential?  

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...