Jan 13, 2026

 I played a round of golf with Nick, my accountant. He was very happy to see me and very warm! It was good to see him and he paid for the round! I played terribly. Only one good hole where I chipped in for a birdie, 2nd this year! The whole family has been great! I talked about stock and RE investment with Jim, and play golf with the senior. They got me into two RE deals with $100k+ in profit! Their fees are a little more than my previous accountant who was not slacking off big time, but well worth it! I was planning to see them at the pier this Saturday. Hopefully my sore throat is not going to get worse. Xiao Tan is coming all of a sudden (surprise, surprise:)

The Siberian winter is over. I still have a lot of unanswered questions, but they are unlikely to be known. It is a little unsettling with these mysteries to be buried. "天涯何处无芳草". Too much investment and little return:(. Loss cutting!

I was experimenting exiting incremental investment with little losses, but there is too much noise to make this an effective strategy. I bought LULU at $208, then the stock tanks to $202, I sold 1/2, then the stock rallied back to $209. Should I buy back the sold shares? I think it might be better to set an exit point at the significant point in the chart? 

I randomly encountered a video on value investing channel discussing the concept of compounder where a company, which may not be a high grower, yet can still produce mid-teens or 20%+ rate of return per year! There are numerous great companies like this: AXP, which grows revenue in single digits, but their earnings are either returned to back to shareholders thru DVD or buybacks, or reinvest in their own biz with high returns (returns on invested capital). Their EPS almost tripled in the past 10 years, stock up 500%+ returns! Consistency is important. Even Apple, a mature co with about 7% rev growth, still managed to more than triple its EPS and 11x in stock price! A boring co does not mean boring returns! Here a example video on Apple: https://www.youtube.com/watch?v=N6c_5yK69pQ

There are many stocks like that: CPRT, V, MA, HCA, GWW, DBOE, AMP, GOOG, META, HD, IBKR. This is especially great for people at or close to retirement! Power of compounding!!!

I have been a growth chaser all of my investing (or day trading) life. You can do well, but the risk profile is different! You can achieve great returns but you dont have to! 

I am waiting for the Electrician to get his work done at Redington shores. 

Waiting for Romeo, whom I just called and he needs a little push. 

Waiting on Chris Teeter who is drawing up plans for Grove St - a drawing can cost $10k extra work and headaches.