See here for Part 1 & here Part 2. So it's been a month since the "largest one day market cap loss in history" which is interesting because it feels like it was a year ago. The news cycle is so fast. Anyway, now the dust has settled I tried to consolidate my current thoughts … Continue reading Facebook Pt 3.
I sold out of my Fiat Chrysler (NYSE: FCAU) position this week (not investment advice obviously). I summarized my thinking in a response to a post by User DJETD1997 on the Corner of Berkshire & Fairfax forum's Fiat/Chrysler thread. See below (edited for clarity): His/Her post: Hey all: When I was a little kid, I … Continue reading Cars for Sale.
Been thinking a lot about the homebuilder NVR lately but realized most of my thoughts are not original. It is down about 26% (using Aug 8th 2018 close price) from its all time high. No extra points for originality in the investing game. I am not so arrogant as to believe I can generate every … Continue reading Laying the Foundation
Respond to questions from randoms like me!! Of course I am being facetious but I have gotten many more non responses from people of lesser stature. I sent a couple questions to Mark Leonard along with my presentation and he replied!!! Apparently this is much more common than you'd expect. The other questions should be … Continue reading What do billionaires do on weekends?
Hi folks, it has been a few months. I was busy with the CFA Level 3 exam. Hope I pass. As you see from the previous post, I am in full Mark Leonard groupie mode right now. Still though, one must beware of hero worship. Anyway, I gave a short presentation at an investment firm … Continue reading Constellation Software
Wow, it has been 3 months since I last posted on here. Time really does fly. I am finding it progressively difficult to find new ideas and I am currently toying with other ways to still bring value to the value community. Anyway see below for my latest ramblings. Detour to Africa: So I was … Continue reading Updates & Detours.
Note: Fiat Chrysler has run up quite a bit since the new year (up 30%). I was buying over the course of Sept to Dec last year so my average cost is significantly below the current price. Anyway, I think there might still be a little bit of runway on this one but not … Continue reading Fiat Chrysler / Sergio’s Last Hurray?