Haha what.

 Bought back at the top

666 what is this shit.

Comments

Post a Comment

Popular posts from this blog

Capital cycle theory, an interesting video

 https://youtu.be/2J2Fb1bBufA?si=GanzbWOXBZvgOVwp This video is talking about the AI boom and some of the older booms that we have seen before. It's a good reminder of the boom bust aspects of industries. It also reminds me of Chesapeake energy. Or expand energy as it's known now.
Read more

Mental models and investing

 I have some mental models when it comes to investing. Cloning being one of them, distressed investing being another, looking for major trends in a sector being another one of them. Circle of competence is also one of them. These are mostly due to the influence of Mohnish Pabrai, a famous hedge fund manager and his regular talks online.  One of the mental models is the dhandho method, which is minimal downside and huge upside. An example of what may be also called an asymmetric bet is TLT. Which is the 20 year US Bond market. There is really only one way for interest rates to go right now, which is down. So the value of bonds are going to go up.
Read more