The equity markets have been more turbulent of late. As I type, most markets outside the U.S. are around 20% off their highs and the U.S. markets are in a ~10% drawdown. Today, the NASDAQ is off more than 3%, apparently based on earnings reports from Amazon and Alphabet which were not well received. I am dropping a quick note during this market turbulence to update on a “tactical” move I made in one of my accounts. I went to cash… Continue reading “Gone to Cash…”
Month: October 2018
Einhorn Versus Buffett: a Great and the GOAT on AAPL
David Einhorn recently issued his investor letter for the third quarter, generating media reports concerning the contents. He reportedly compared Tesla to Lehman Brothers (I recently discussed Tesla here). He also went on to discuss his decision to liquidate his Apple (“AAPL”) position. See CNBC story reporting on letter.
Einhorn’s stated reasons for this move, the process and circumstances surrounding this action, as contrasted with those of Buffett’s AAPL investment, led to a couple of observations. Continue reading “Einhorn Versus Buffett: a Great and the GOAT on AAPL”
Reading, Watching, Listening, and Learning: Elon Musk and Bruce Flatt
I have decided to modify the Podcast/Media curation series of posts to focus on resources and media that I want to catalogue here to assemble for our future reference. I am creating a separate post category for these “Reading, Watching, Listening, and Learning” posts. Over time, I will pull in my prior posts on podcasts, presentations, articles, and books to help us quickly find the post/links. This time, I’m going to share a couple of videos and related thoughts, concerning Elon Musk and Bruce Flatt. Continue reading “Reading, Watching, Listening, and Learning: Elon Musk and Bruce Flatt”
The Grind is Real: September 2018 (Savings and Investing Diary)
It is time, yet again, for the monthly airing of my private financial laundry. My hope is that maintaining a journal of my savings will help provide additional motivation to save and allow me to spot trends. It will also serve as a record, so that I can look back and analyze. Continue reading “The Grind is Real: September 2018 (Savings and Investing Diary)”