backtothebeach Posted January 26 Share Posted January 26 42 minutes ago, Luca said: Is a mistake honestly! Fairfax is more than half of my portfolio now and i wont even think about trimming at current valuation You're probably right, but planning to lighten up at a certain multiple and then not doing it is what? Anyway, I don't think it was a bad moment to reduce concentration risk, and I still have loads. Link to comment Share on other sites More sharing options...
CorpRaider Posted January 26 Share Posted January 26 (edited) I sold most of my $SLG this week. All that I held in taxable accounts. Edited January 26 by CorpRaider Link to comment Share on other sites More sharing options...
Luca Posted January 26 Share Posted January 26 14 minutes ago, backtothebeach said: You're probably right, but planning to lighten up at a certain multiple and then not doing it is what? IMO Fairfax looks great from current valuation over next 10 years and i cant find much that looks as good, in what are you investing the proceeds? 14 minutes ago, backtothebeach said: Anyway, I don't think it was a bad moment to reduce concentration risk, and I still have loads. Link to comment Share on other sites More sharing options...
backtothebeach Posted January 26 Share Posted January 26 17 minutes ago, Luca said: IMO Fairfax looks great from current valuation over next 10 years and i cant find much that looks as good, in what are you investing the proceeds? Undecided. Probably just leave it in cash for a while earning interest, as collateral for short puts that may be assigned. For example a while ago when I needed cash (to buy more FFH!) I switched STLC.TO stock to short ITM puts, which may be assigned at some point. 1 Link to comment Share on other sites More sharing options...
backtothebeach Posted January 29 Share Posted January 29 On 1/26/2024 at 4:12 PM, backtothebeach said: Selling 1/6 of my irresponsibly overweight FFH.TO, sniff. Months ago I planned to lighten up once it hit 1.1 * BV. I think it is pretty close to that on soon to be reported BV. Trying to be prudent, but feels like leaving money on the table. Bought it back 1% higher. Fuck. i suppose it was a good test to know if I would still buy my position today. Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 29 Share Posted January 29 Sold CKX at 13.25 Link to comment Share on other sites More sharing options...
WayWardCloud Posted January 29 Share Posted January 29 5 hours ago, backtothebeach said: Bought it back 1% higher. Fuck. i suppose it was a good test to know if I would still buy my position today. What changed your mind? Link to comment Share on other sites More sharing options...
backtothebeach Posted January 29 Share Posted January 29 1 hour ago, WayWardCloud said: What changed your mind? Ultimately the feeling that I was possibly cutting a long term compounder short without a really valid reason. Risking a huge opportunity cost long term versus risking a little more downside. A couple of posts on the Fairfax 2024 thread helped. Link to comment Share on other sites More sharing options...
Gregmal Posted January 30 Share Posted January 30 19 hours ago, backtothebeach said: Ultimately the feeling that I was possibly cutting a long term compounder short without a really valid reason. Risking a huge opportunity cost long term versus risking a little more downside. A couple of posts on the Fairfax 2024 thread helped. One of the Ten Commandments of Trading, which at its core, is what every SELL decision is, is to never sell a 52 week high. Link to comment Share on other sites More sharing options...
Dinar Posted January 30 Share Posted January 30 31 minutes ago, Gregmal said: One of the Ten Commandments of Trading, which at its core, is what every SELL decision is, is to never sell a 52 week high. I just violated it - I sold my HCA Link to comment Share on other sites More sharing options...
Saluki Posted January 30 Share Posted January 30 I trimmed a few share of HHH which I still think are undervalued but I'm losing patience with it. I had sold out of it completely before the pandemic and jumped back in when they did a capital raise. I have added from $43 - $100, but I'm less than thrilled at some managements bid ideas (a minor league baseball team, a celebrity chef chain restaurant, a seaport museum etc). It's been four years of my current holding and the only reason I don't sell it completely is that spinning off the seaport and entertainment assets into a different company actually sounds like a great idea and might move the needle. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 7 Share Posted February 7 On 1/29/2024 at 1:17 PM, fareastwarriors said: Sold CKX at 13.25 completely out of CKX, will probably miss out on sudden epic rise. Link to comment Share on other sites More sharing options...
longlake95 Posted February 7 Share Posted February 7 Probably should selling HPS.a moving like a sloth. Link to comment Share on other sites More sharing options...
formthirteen Posted February 7 Share Posted February 7 Chinese tech stocks. All out again. No point in owning Chinese utilities. Link to comment Share on other sites More sharing options...
E. Nashton Posted February 8 Share Posted February 8 Sold a bit of my positions in PLTR, DIS, ATZ and TVK today/this week. Link to comment Share on other sites More sharing options...
CorpRaider Posted February 8 Share Posted February 8 SLG Link to comment Share on other sites More sharing options...
Paarslaars Posted February 9 Share Posted February 9 Sold half of my Prosus calls, used the proceeds for XFAB. Link to comment Share on other sites More sharing options...
sleepydragon Posted February 9 Share Posted February 9 Finish selling most of my Spirits, only 1/6 of the original positions left to wait for the appeal result Link to comment Share on other sites More sharing options...
Saluki Posted February 9 Share Posted February 9 Trimmed a few shares of GOOG in my retirement account and bought a little OXY and TV. I placed a limit order on Fairfax India after the dip yesterday but I didn't get a fill I was tempted to trim to HHH, but I think I'll wait for after the spinoff which should allow me to sell the part I never liked in the first place and keep the good part. Link to comment Share on other sites More sharing options...
Spekulatius Posted February 13 Share Posted February 13 Reduced CNHI yesterday (they have earnings on 2/14) and MBB.DE (tender). Both did well for me. Link to comment Share on other sites More sharing options...
bizaro86 Posted February 16 Share Posted February 16 Sold out of FFH today. Link to comment Share on other sites More sharing options...
Dinar Posted February 16 Share Posted February 16 3 minutes ago, bizaro86 said: Sold out of FFH today. Why? Thank you. Link to comment Share on other sites More sharing options...
bizaro86 Posted February 16 Share Posted February 16 3 minutes ago, Dinar said: Why? Thank you. I only owned it as a trade. I bought the dip on the short report last week and am taking my profits now. I will never own it as a long term hold, because I don't trust management. I get that's not the consensus opinion on this board (and the last couple of years have been good). But after they had Fairfax India effectively borrow money from Omers at a high rate along with giving them a free upside option on their best asset (the airport) in exchange for getting a mark to charge fees with I'll never trust them. All that said, the short report was obviously opportunistic so it was some easy short term money to pick up. Was able to get a nice round-trip on nearly a 10% position. Link to comment Share on other sites More sharing options...
WFF Posted February 16 Share Posted February 16 OXY, sold off after buying it earlier in the mid 50s. Link to comment Share on other sites More sharing options...
Gmthebeau Posted February 16 Share Posted February 16 (edited) RXRX @ nearly 100% gain. Will look to buy back at lower levels. Edited February 16 by Gmthebeau Link to comment Share on other sites More sharing options...
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