Please be patient and understanding when interacting with others, and avoid getting frustrated or upset if someone does not respond to your posts or if a discussion does not go as you expected. Remember that everyone is entitled to express their own perspectives. Furthermore, even when you don't entirely agree, try to benefit in some way from it.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 4
1.Sold a bit of BRK in a taxable account (new high, recent weakness in Sterling and for tax planning purposes it made sense) they're abolishing the capital gains tax free limit in the UK! (Socialism)
2. Sold a third of my alphabet position and initiated a new position in JD.com ADR, I've had a detailed look at the business and like it and it's potential growth and runway. Trading at 5 year lows and single digit multiple to free cash flow vs Alphabets 25 PFCF. I still maintain Alphabet as a core holdings and will continue to hold the rest.
No. of Recommendations: 2
Aren't you afraid of owning a Chinese company ?
No. of Recommendations: 0
Nope. I already own Alibaba (HK / ADR) and Tencent (HK).
No. of Recommendations: 9
1. Sold a bit of BRK in...
I just did the same.
Not that I'm actually bearish, but a man has to eat, and the valuation is such that I don't expect the next year to be a great one for the stock price.
Closed some Jan 2024 $235 calls I bought in March for $79.69, got $133.38 for 'em today.
So, yeah, I'm a short termist. But a happy short termist.
Jim
No. of Recommendations: 1
'Closed some Jan 2024 $235 calls I bought in March for $79.69, got $133.38 for 'em today.'
Followed your lead, Jim, and closed my similar Jan 2024 240 calls for $130.10. Fortunately a LTCG +95%. Sitting tight on the others for now.
