Spekulatius Posted April 27 Share Posted April 27 12 hours ago, yesman182 said: Any specific reason you think it will be blocker? Or simply that they seem to want to block everything including two handbag companies. Yes every significant merger is going to get sued by the FTC and COF and DFS will have a high combined market share in credit cards. It is going to be tough to get this merger to close, imo. Link to comment Share on other sites More sharing options...
Cod Liver Oil Posted May 7 Share Posted May 7 (edited) Sold Para for a trade but am getting interested in buying Sony. I like the music and gaming divisions. It's not Nintendo but solid at 15 times earnings. Big, high quality, conservative Japanese monster. Loeb went at it twice: https://www.hollywoodreporter.com/news/general-news/sony-rejects-break-up-plans-activist-investor-daniel-loeb-1240274/ Edited May 7 by Cod Liver Oil Link to comment Share on other sites More sharing options...
Saluki Posted May 9 Share Posted May 9 Started trimming the STNG shares I bought a year ago (up 50-60%). I wanted to wait for the better capital gains treatment after the one year anniversary. I want to sit on most of the older shares because I hate paying taxes But with cyclical companies, it always feels like the Ogre's feast fairytale where you can eat as much as you want at the buffet, and you can leave anytime, but if you stay too long, at some point they close the doors and kill all the guests. Link to comment Share on other sites More sharing options...
Paarslaars Posted June 3 Share Posted June 3 (edited) Sold my PARA 15$ calls today as they will become worthless when the new deal is accepted. First SAVE then PARA, I really need to learn to take a profit on these calls quickly and move on. Small loss now... Edited June 3 by Paarslaars Link to comment Share on other sites More sharing options...
rkbabang Posted June 3 Share Posted June 3 Not by choice, but my payout from the acquisition of Shockwave Medical (SWAV) by JNJ just hit my account today. I bought a small amount in Feb/2020 for $42.60 and received $335.00 today. Link to comment Share on other sites More sharing options...
Spekulatius Posted June 4 Share Posted June 4 9 hours ago, rkbabang said: Not by choice, but my payout from the acquisition of Shockwave Medical (SWAV) by JNJ just hit my account today. I bought a small amount in Feb/2020 for $42.60 and received $335.00 today. Thats a nice gain - almost an 8 bagger in 4 years. Congrats. Link to comment Share on other sites More sharing options...
rkbabang Posted June 4 Share Posted June 4 11 hours ago, Spekulatius said: Thats a nice gain - almost an 8 bagger in 4 years. Congrats. Thanks. It worked out better than I imagined, and quicker. Link to comment Share on other sites More sharing options...
Saluki Posted June 4 Share Posted June 4 I trimmed a little SWBI I trimmed some STNG that I purchased a year ago and bought the same dollar amount in Tsakos Energy. Link to comment Share on other sites More sharing options...
frommi Posted June 7 Share Posted June 7 VNDA after it reached NCAV. Link to comment Share on other sites More sharing options...
Saluki Posted June 7 Share Posted June 7 Trimmed some BRK. Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 7 Share Posted June 7 (edited) 1 hour ago, Saluki said: Trimmed some BRK. Edited June 7 by fareastwarriors Link to comment Share on other sites More sharing options...
Head of Roller coasters Posted June 9 Share Posted June 9 Trimmed some Novo Nordisk. Just risk management – not any kind of show of distrust. Link to comment Share on other sites More sharing options...
nsx5200 Posted June 14 Share Posted June 14 On 6/7/2024 at 3:10 PM, Saluki said: Trimmed some BRK. I think a lot of the great investors park their cash at BRK, so I've been doing that. What did you pick up with the sell? Link to comment Share on other sites More sharing options...
Head of Roller coasters Posted June 17 Share Posted June 17 Trimmed some Fortum (HEL:FORTUM) – a state-owned electricity utility. Link to comment Share on other sites More sharing options...
Santayana Posted June 18 Share Posted June 18 I've been trimming my very overweight Fairfax position a bit as we head into Q3. Seems like there's already been a couple of events that could lead to this being a larger Cat year. Link to comment Share on other sites More sharing options...
Spekulatius Posted July 9 Share Posted July 9 Sold VSTS. Made some money of that one but have some lingering doubts that this will be an easy turnaround and there is a lot of debt. Link to comment Share on other sites More sharing options...
Saluki Posted July 10 Share Posted July 10 Trimmed some VTS. No particularly reason. I bought it cheap and it's been over a year, and it's paying a nice dividend, but there are cheaper things out there with growth attached, not just harvesting existing opportunities. I continue to trim STNG and buy Tsakos to keep my product tanker position but at a better relative valuation. Link to comment Share on other sites More sharing options...
DooDiligence Posted July 16 Share Posted July 16 Sold Autodesk after holding for 3 years with the hope that the CFO was at least competent. Their products are ubiquitous and will likely get even better. I think getting rid of resellers is a good move but making candy bars is easier to understand. Chocolate hands Link to comment Share on other sites More sharing options...
Spekulatius Posted July 16 Share Posted July 16 (edited) Reduced Google anfter experiencing first hand how Google search can be demonetized at work (see Google thread). Edited July 16 by Spekulatius Link to comment Share on other sites More sharing options...
yesman182 Posted July 16 Share Posted July 16 I sold my BRK shares in my retirement accounts. Seems like we are trading around 24x normalized earrings. I suspect buybacks will stop, apple sales will increase, interest rates will go down so the 200 Billion in tbills will earn less. I still own the majority of my shares in my taxable account, but seems fully valued to me. I would rather have the cash earing 5% and wait for other opportunities to come along. Link to comment Share on other sites More sharing options...
thepupil Posted July 16 Share Posted July 16 i sold all my remaining Berkshire yesterday. Link to comment Share on other sites More sharing options...
Malmqky Posted July 16 Share Posted July 16 You are all crazy Never sell Berkshire! But yeah it certainly is trading at what’s historically been peak valuation.. Link to comment Share on other sites More sharing options...
villainx Posted July 16 Share Posted July 16 34 minutes ago, yesman182 said: I sold my BRK shares in my retirement accounts. Seems like we are trading around 24x normalized earrings. I suspect buybacks will stop, apple sales will increase, interest rates will go down so the 200 Billion in tbills will earn less. I still own the majority of my shares in my taxable account, but seems fully valued to me. I would rather have the cash earing 5% and wait for other opportunities to come along. I might follow this. I just don't trade much, but that's what the tax advantage account is for, I guess. Link to comment Share on other sites More sharing options...
adesigar Posted July 16 Share Posted July 16 (edited) Why do you think BRK earnings will drop to $40B? Also why do you expect BRK to stop earning 5% in tbills but you can keep earning the same 5% in Cash? Edited July 16 by adesigar Link to comment Share on other sites More sharing options...
Jaygo Posted July 16 Share Posted July 16 For those selling BRK into some strength here. What is the destination for the cash? Ive long traded brk but i just dont see too many quality destinations to reinvest the proceeds. Link to comment Share on other sites More sharing options...
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