Love seeing people hold themselves accountable! I agree with the others that this is a good framework. I like that you’ve checked in on the companies you passed on as well. Also appreciate the PayPal shoutout! 😁
I know a professional investor whose entire investible universe over a 30-year career was no more than 100 stocks. He was a small-cap investor and even if a company is not interesting now, he kept track of it and found opportunities in the same company years later. Gonna take a look at PayPal but it needs to pass a 15% hurdle rate!
interesting post but a lot of stocks you never mentioned! looking forward to learn them better via a deep dive? I own Dino, Adyen and some call options in Inmode. stock has a bad reputation due to fraud: I think after q2 it will improve. I read somewhere that the company has cash reserves of > 45% of its market cap and it continues to be profitable. Excluding the cash reserves, the stock is trading at a P/E ratio of below 5. I think also it is a highly attractive buy.
All stocks mentioned (except the last 3) all have write-ups. You can click the title of each company to go through the written analysis. I'm being patient with Inmode, but if the replacement cycle next year does not kick in, I might have to consider my thesis being broken.
I agree, a great framework to reanalyze one’s prior investments to assess how they have held up over time. That said, we should all appreciate that an average better than 50% is acceptable. Be grateful, but not over confident, on wins. Losses are ideal for the lessons to be learnt, but allowing emotions to be tainted by the experience is very counter productive. Suck it up and move on.
Fully agree. My biggest mistake last year on TBLD was due to hubris. The best way is to separate decision-making from outcome and double down on mistakes to learn from them. Thanks for the insights!
The ‘twin brother’ of Fu Shou Yuan also had a revenue headwind from ‘comping’ against the tough covid comparison base. Nevertheless, Anxian Yuan China (Ticker:992) proposes a large final dividend of HKD 0.013 per share. That brings the FY dividend to HKD 0.021. Not bad for a HKD 0.17 stock. Hopefully, revenues are re-based now, after the reversal of the covid jump in demand.
It could be a great long term holding and at a fair price currently 10 years from now. However, the stock markets are in one of the longest, high valued premium periods in history. This is what Euphoria feels like folks. Election year and maybe end of this year will be the blow off. I don't know and no one else does either. My instincts tell me to wait patiently and buy it later if the markets crash. Probably for less than half the current price.
When the tide goes out all boats fall. The Buffett indicator over 100% overvalued. Shiller's CAPE ratio is now about 34. A cheap # would be 10. 16 is average. The whole speculation chatter I hear on the internet. Ridiculous housing prices as compared to wages. Add them all up and it is scarier than an Alfred Hitchcock movie. Sure it can go on for many months or even years , but I prefer to just hang on to what I bought years ago, and patiently wait with a fist full of cash. I am waiting for a good pitch to hit. Nasdaq, if it just fell to the 2009 lows, would be a loss of 92%. I am not predicting that, but have you read "The 4th Turning is Here" by Neil Howe? A historian with a keen sense of financial, cyclical awareness. This movie has been playing out in various theatres for over 500 years of history just in our local areas. He isn't a doom and gloomer, just an accurate historian. Lots of info about it on Youtube.
I like the framework you are establishing Kevin. Being able to retrospectively check if you are still on track or if the thesis has changed is important. Also appreciate the shoutout with regard to Adyen 👍
Love seeing people hold themselves accountable! I agree with the others that this is a good framework. I like that you’ve checked in on the companies you passed on as well. Also appreciate the PayPal shoutout! 😁
I know a professional investor whose entire investible universe over a 30-year career was no more than 100 stocks. He was a small-cap investor and even if a company is not interesting now, he kept track of it and found opportunities in the same company years later. Gonna take a look at PayPal but it needs to pass a 15% hurdle rate!
Write her up on telegram
👇👇
KathrynLien2
Tell her I sent you
interesting post but a lot of stocks you never mentioned! looking forward to learn them better via a deep dive? I own Dino, Adyen and some call options in Inmode. stock has a bad reputation due to fraud: I think after q2 it will improve. I read somewhere that the company has cash reserves of > 45% of its market cap and it continues to be profitable. Excluding the cash reserves, the stock is trading at a P/E ratio of below 5. I think also it is a highly attractive buy.
All stocks mentioned (except the last 3) all have write-ups. You can click the title of each company to go through the written analysis. I'm being patient with Inmode, but if the replacement cycle next year does not kick in, I might have to consider my thesis being broken.
Write her up on telegram
👇👇
KathrynLien2
Tell her I sent you
I agree, a great framework to reanalyze one’s prior investments to assess how they have held up over time. That said, we should all appreciate that an average better than 50% is acceptable. Be grateful, but not over confident, on wins. Losses are ideal for the lessons to be learnt, but allowing emotions to be tainted by the experience is very counter productive. Suck it up and move on.
Fully agree. My biggest mistake last year on TBLD was due to hubris. The best way is to separate decision-making from outcome and double down on mistakes to learn from them. Thanks for the insights!
Write her up on telegram
👇👇
KathrynLien2
Tell her I sent you
The ‘twin brother’ of Fu Shou Yuan also had a revenue headwind from ‘comping’ against the tough covid comparison base. Nevertheless, Anxian Yuan China (Ticker:992) proposes a large final dividend of HKD 0.013 per share. That brings the FY dividend to HKD 0.021. Not bad for a HKD 0.17 stock. Hopefully, revenues are re-based now, after the reversal of the covid jump in demand.
Thanks for the update!
It could be a great long term holding and at a fair price currently 10 years from now. However, the stock markets are in one of the longest, high valued premium periods in history. This is what Euphoria feels like folks. Election year and maybe end of this year will be the blow off. I don't know and no one else does either. My instincts tell me to wait patiently and buy it later if the markets crash. Probably for less than half the current price.
I agree with the premium valuations in the market but still lots of undervalued stuff in the microcap space I believe.
Are you referencing a specific company?
When the tide goes out all boats fall. The Buffett indicator over 100% overvalued. Shiller's CAPE ratio is now about 34. A cheap # would be 10. 16 is average. The whole speculation chatter I hear on the internet. Ridiculous housing prices as compared to wages. Add them all up and it is scarier than an Alfred Hitchcock movie. Sure it can go on for many months or even years , but I prefer to just hang on to what I bought years ago, and patiently wait with a fist full of cash. I am waiting for a good pitch to hit. Nasdaq, if it just fell to the 2009 lows, would be a loss of 92%. I am not predicting that, but have you read "The 4th Turning is Here" by Neil Howe? A historian with a keen sense of financial, cyclical awareness. This movie has been playing out in various theatres for over 500 years of history just in our local areas. He isn't a doom and gloomer, just an accurate historian. Lots of info about it on Youtube.
Thanks, Eddy! I'm putting that book on my "to-read "list.
https://www.youtube.com/watch?v=PjDEfdmwT_o
I like the framework you are establishing Kevin. Being able to retrospectively check if you are still on track or if the thesis has changed is important. Also appreciate the shoutout with regard to Adyen 👍
Thanks and your latest analysis on $NU was top-notch!