TwoCitiesCapital Posted July 24 Share Posted July 24 11 minutes ago, Kizion said: What do I miss on Metaplanet? They bought BTC for 40% of their previous market cap and suddenly they are worth 10x more? Please enlight me Same model as MSTR, right? The premium to the BTC holdings doesn't have to make sense - people will still spin the narrative. Link to comment Share on other sites More sharing options...
formthirteen Posted July 24 Share Posted July 24 Starter in Kinsale and Five Below. Link to comment Share on other sites More sharing options...
Ross812 Posted July 24 Share Posted July 24 Bought some ROP at $525. Link to comment Share on other sites More sharing options...
Dinar Posted July 24 Share Posted July 24 Visa. Link to comment Share on other sites More sharing options...
fareastwarriors Posted July 24 Share Posted July 24 ETHW Link to comment Share on other sites More sharing options...
DooDiligence Posted July 25 Share Posted July 25 Used HTL proceeds to average up with a little more GOOGL. Link to comment Share on other sites More sharing options...
n.r98 Posted July 25 Share Posted July 25 (edited) Like ULTA here and building a posn. Cheaper than EL on valuation and higher margin as well. Women wanna be pretty all the time n recessions don't alter that (pull the drawers at the makeup table, check the eyelash receipts)!! ULTA also sports wide range of brands so not worried about fickleness within space. Net cash b/s, buying back shares, all for ~10x EBITDA. Also anecdotally, Ulta is superior (price to value) to Sephoraaa but please check with your missus/gfs on this, Edited July 25 by n.r98 Link to comment Share on other sites More sharing options...
Paarslaars Posted July 25 Share Posted July 25 14 hours ago, Kizion said: What do I miss on Metaplanet? They bought BTC for 40% of their previous market cap and suddenly they are worth 10x more? Please enlight me Honestly it's a small fomo position. They mimic MSTR but their premium is higher, which is why I passed on it first but for some reason this keeps going... couldn't help myself, I'm a terrible investor. Link to comment Share on other sites More sharing options...
UK Posted July 25 Share Posted July 25 (edited) 12 minutes ago, Paarslaars said: Honestly it's a small fomo position. They mimic MSTR but their premium is higher, which is why I passed on it first but for some reason this keeps going... couldn't help myself, I'm a terrible investor. Maybe it is not that bad, if you already know this:). And at least size accordingly:) I love this story from Druckenmiller: "I made a lot of mistakes, but I made one real doozy. So, this is kind of a funny story, at least it is 15 years later because the pain has subsided a little. But in 1999 after Yahoo and America Online had already gone up like tenfold, I got the bright idea at Soros to short internet stocks. And I put 200 million in them in about February and by mid-March the 200 million short I had, lost $600 million on, gotten completely beat up and was down like 15 percent on the year. And I was very proud of the fact that I never had a down year, and I thought well, I’m finished. So, the next thing that happens is I can’t remember whether I went to Silicon Valley or I talked to some 22-year-old with Asperger’s. But whoever it was, they convinced me about this new tech boom that was going to take place. So I went and hired a couple of gunslingers because we only knew about IBM and Hewlett-Packard. I needed Veritas and Verisign. I wanted the six. So, we hired this guy and we end up on the year — we had been down 15 and we ended up like 35 percent on the year. And the Nasdaq’s gone up 400 percent. So, I’ll never forget it. January of 2000 I go into Soros’s office and I say I’m selling all the tech stocks, selling everything. This is crazy…at 104 times earnings. This is nuts. Just kind of as I explained earlier, we’re going to step aside, wait for the next fat pitch. I didn’t fire the two gunslingers. They didn’t have enough money to really hurt the fund, but they started making 3 percent a day and I’m out. It is driving me nuts. I mean their little account is like up 50 percent on the year. I think Quantum was up seven. It’s just sitting there. So like around March I could feel it coming. I just — I had to play. I couldn’t help myself. And three times the same week I pick up a — don’t do it. Don’t do it. Anyway, I pick up the phone finally. I think I missed the top by an hour. I bought $6 billion worth of tech stocks, and in six weeks I had left Soros and I had lost $3 billion in that one play. You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basket case and couldn’t help myself. So, maybe I learned not to do it again, but I already knew that." Edited July 25 by UK Link to comment Share on other sites More sharing options...
Whensthepaintdry? Posted July 25 Share Posted July 25 Adds to ulta, lulu, and sbux. Link to comment Share on other sites More sharing options...
Cod Liver Oil Posted July 25 Share Posted July 25 (edited) UMG to go with Bollore, Odet, Sony, Nintendo, MSG complex in the music/entertainment space. I like focused clumping. Edited August 1 by Cod Liver Oil Link to comment Share on other sites More sharing options...
fareastwarriors Posted July 25 Share Posted July 25 (edited) ETHW and PROSY Edited July 25 by fareastwarriors Link to comment Share on other sites More sharing options...
Paarslaars Posted July 25 Share Posted July 25 Bit of LULU Link to comment Share on other sites More sharing options...
Paarslaars Posted July 25 Share Posted July 25 (edited) 11 hours ago, UK said: Maybe it is not that bad, if you already know this:). And at least size accordingly:) I love this story from Druckenmiller: "I made a lot of mistakes, but I made one real doozy. So, this is kind of a funny story, at least it is 15 years later because the pain has subsided a little. But in 1999 after Yahoo and America Online had already gone up like tenfold, I got the bright idea at Soros to short internet stocks. And I put 200 million in them in about February and by mid-March the 200 million short I had, lost $600 million on, gotten completely beat up and was down like 15 percent on the year. And I was very proud of the fact that I never had a down year, and I thought well, I’m finished. So, the next thing that happens is I can’t remember whether I went to Silicon Valley or I talked to some 22-year-old with Asperger’s. But whoever it was, they convinced me about this new tech boom that was going to take place. So I went and hired a couple of gunslingers because we only knew about IBM and Hewlett-Packard. I needed Veritas and Verisign. I wanted the six. So, we hired this guy and we end up on the year — we had been down 15 and we ended up like 35 percent on the year. And the Nasdaq’s gone up 400 percent. So, I’ll never forget it. January of 2000 I go into Soros’s office and I say I’m selling all the tech stocks, selling everything. This is crazy…at 104 times earnings. This is nuts. Just kind of as I explained earlier, we’re going to step aside, wait for the next fat pitch. I didn’t fire the two gunslingers. They didn’t have enough money to really hurt the fund, but they started making 3 percent a day and I’m out. It is driving me nuts. I mean their little account is like up 50 percent on the year. I think Quantum was up seven. It’s just sitting there. So like around March I could feel it coming. I just — I had to play. I couldn’t help myself. And three times the same week I pick up a — don’t do it. Don’t do it. Anyway, I pick up the phone finally. I think I missed the top by an hour. I bought $6 billion worth of tech stocks, and in six weeks I had left Soros and I had lost $3 billion in that one play. You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basket case and couldn’t help myself. So, maybe I learned not to do it again, but I already knew that." That's a nice story, I will take comfort in the fact that it's impossible for me to lose 3 billion on this! Even though it wasn't his Edited July 25 by Paarslaars Link to comment Share on other sites More sharing options...
Junior R Posted July 25 Share Posted July 25 more FFH Link to comment Share on other sites More sharing options...
Eldad Posted July 25 Share Posted July 25 JDG Link to comment Share on other sites More sharing options...
DooDiligence Posted July 25 Share Posted July 25 More EW and GOOGL. Link to comment Share on other sites More sharing options...
Lance Posted July 25 Share Posted July 25 New position in ETHA. Trimmed ABBV, nibbled on my tech/AI basket with the proceeds. Wrote puts on UNG. Thanks Lance Link to comment Share on other sites More sharing options...
mananainvesting Posted July 25 Share Posted July 25 Added to my $FFH.TO/$FRFHF position. Link to comment Share on other sites More sharing options...
Whensthepaintdry? Posted July 25 Share Posted July 25 Added again to ulta after wife came home and said it was packed. I think I may ease off the retail now. Link to comment Share on other sites More sharing options...
value_hunter Posted July 25 Share Posted July 25 More FFH as well. Link to comment Share on other sites More sharing options...
Luke Posted July 26 Share Posted July 26 Added to eurofins position Link to comment Share on other sites More sharing options...
Kizion Posted July 26 Share Posted July 26 15 hours ago, Lance said: New position in ETHA. Trimmed ABBV, nibbled on my tech/AI basket with the proceeds. Wrote puts on UNG. Thanks Lance What's your timing on the puts for UNG? Any reason to expect prices to not further decrease? Link to comment Share on other sites More sharing options...
giulio Posted July 26 Share Posted July 26 UMG, EVO, PSH Link to comment Share on other sites More sharing options...
lnofeisone Posted July 26 Share Posted July 26 21 hours ago, Lance said: New position in ETHA. Trimmed ABBV, nibbled on my tech/AI basket with the proceeds. Wrote puts on UNG. Thanks Lance Can you expand on your UNG trade? I shorted a bunch when it went up a bunch and just closed my shorts but I generally don't dear to write puts on this thing. Link to comment Share on other sites More sharing options...
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