what are you selling today?

[Saluki]

For those who want to do the opposite of me to take advantage of the trading curse, I sold all the ENPH in my taxable accounts.  Enjoy the double from here

 

By the way, last year I bought a little MELI and quickly sold for a 20% profit because I thought it was overpriced.  Even after yesterday's 16% drop, I would be up more than 100% if I did nothing but sit on my hands. 

[Sweet]

More Shitty bank

[Hektor]

19 hours ago, Spekulatius said:

Reduced CMCSA

Why?

[Spekulatius]

38 minutes ago, Hektor said:

Why?

Valued Ok for the stagnant business it has become.

[Hektor]

1 hour ago, Spekulatius said:

Valued Ok for the stagnant business it has become.

Thanks for the response @Spekulatius

[ourkid8]

5 hours ago, Sweet said:

More Shitty bank

I also got out as well with the Trump bump!   

[fareastwarriors]

Trimmed some TSLA

[Masterofnone]

I have been riding on the Berkshire train for 25 plus years, holding through ups and downs. It has always been a huge percentage of my total investments, and buying over the years on selloffs and holding has resulted in returns about 3.5% above the S&P 500. The only shares sold during this time were those required after recently placing our first taxable shares purchased in a charitable remainder trust.

 

In the past few weeks, I've been selling off Berkshire in IRA accounts. Lowest cost basis $32.xx. Is it an attempt at market timing? To be honest with myself, I would have to answer yes, remembering the period between early 2008 and 2009. But now gliding through my 7th decade and financially secure, I no longer feel the need to be fully invested. Is Berkshire ever likely to be priced at 2x book again? Who can say? But My guess is 1.3 is more likely.

 

Disclosure: I'm a mediocre trader as proven over a long time period.

[Junior R]

47 minutes ago, Masterofnone said:

I have been riding on the Berkshire train for 25 plus years, holding through ups and downs. It has always been a huge percentage of my total investments, and buying over the years on selloffs and holding has resulted in returns about 3.5% above the S&P 500. The only shares sold during this time were those required after recently placing our first taxable shares purchased in a charitable remainder trust.

 

In the past few weeks, I've been selling off Berkshire in IRA accounts. Lowest cost basis $32.xx. Is it an attempt at market timing? To be honest with myself, I would have to answer yes, remembering the period between early 2008 and 2009. But now gliding through my 7th decade and financially secure, I no longer feel the need to be fully invested. Is Berkshire ever likely to be priced at 2x book again? Who can say? But My guess is 1.3 is more likely.

 

Disclosure: I'm a mediocre trader as proven over a long time period.

Berkshire isn't buying back its own stock so that might explain at current bv Warren and team think its expensive 

Edited November 11 by Junior R

[Masterofnone]

I'm too lazy to do the exact cost averaging between all the lots, but the original shares from 2000 are ~11.3% (vs ~7.9% from the S&P) and for example shares purchased late January 2021 come in at about 22% vs ~15% from the S&P over the same time-frame. I purchased many many times over the years when the shares became cheap. (Know what you own.)

[fareastwarriors]

trimmed $PCYO in low $12s

[Red Lion]

Trimmed APO, OWL, PM, and Nintendo in my retirement accounts. 

[frommi]

After holding Altria for 7 years (and adding a lot on the drops in between)  i finally sold out. Think it is fairly valued here and you don't get compensated for all the risks the business faces at this point in time. (IQOS, illicit vapes, pouches taking over, regulation, heavy volume declines etc.). Given all the shit that has happened after i started buying it was a satisfying investment that beat the market over the past 3 years. Still own big positions in BATS, IMB and PM.

Edited 56 minutes ago by frommi