The Terrible, Horrible, No Good, Very Bad Quarter

Time for a quick update on the “Fun Fund” for the first quarter of 2020. As a reminder, this is just a Roth IRA where I am planning to track my active investments/performance. As you may be able to infer from the title of this post, this quarter could have gone better.

Schadenfreude?

Buying the BBB and a New Toy for Me

Wow, it feels like a lot has happened in the two weeks since my last post. The markets have sold off almost another (20%) after the ~(8%) decline in February. In this post I will briefly chronicle how I am thinking about reacting to the corona pandemic and the impact it is having on financial markets and the economy. I also found a new fantastic investing resource that I wanted to share, so you will have the chance to use it during this period of challenge (and opportunity).

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State of the Stash – February

Hold my corona! It is time for the airing of my personal financial laundry. Let’s see what the corona virus and related market action has done to my portfolio.

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I Hit the BRIX. Now What?

As I recently shared, I sold my Brixmor (BRIX) position. In this post, I am going to discuss what I am doing with some of the proceeds.

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Berkshire’s Cash Horde

Earlier today, YouTube served me a video of an interesting presentation by Greg Warren, the Morningstar analyst who covers Berkshire Hathaway (“BRK”). Greg said something that I had been thinking about and inspired me to get my thoughts down. So, rather than write about any of the topics I had planned, I am going to share a few thoughts on Berkshire Hathaway’s cash horde and Greg Warren’s: Five Reasons to Consider Buying Berkshire Hathaway.

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State of the Stash – 2019 Year End Total Net Worth

In my most recent post, I updated my end of 2019 savings/investments tracking journal. In this post, I’m going to take a crack at estimating my total net worth.

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Errors and Omissions: Apple and Coty

I thought I would start a new “series” of posts to regularly check in with my portfolio of active investments: sort of a “post-mortem,” without the mortem (hopefully, I will discuss some successes as well). Coty recently announced that it is selling a large chunk of the business that it acquired from P&G, and Apple just hit an all time high, so I thought it was a good time to publish an update on these two.

Read My Electrons

Is 2019 Berkshire Too Big to Win?

I am reviewing the most recent Berkshire annual meeting (and related press appearances). This has triggered a couple of thoughts which I now feel compelled to inflict upon you. One relates to a topic I have written about before: Is Berkshire too Big to Win? Well, Messrs. Buffett and Munger made some comments that seem to shed some light on their answers to this question.

Read On