Wednesday, January 14, 2026

Jan 14 2026

Fascinating story about IBKR, interactive brokers and the story of the its founder: Thomas Peterffy! 

I am selling AMP to buy IBKR. AMP has been a great compounder, but its AUM is underperforming, +7% yoy when the market is up almost 20%. They experience capital outflow issues, Not IBKR, which has been growing like weeds. The only negative for IBKR is its valuation (30 PE), but its growth rate should justify it. 

After seeing some good companies, VITL seems a little inadequate, so I am getting out. 

I need to add to AMZN, which I traded terribly. 

Siberian winter is over, the warm weather has been disrupted by a cold front. I need to look for greener pastures once again! 

My son Andres is so dear to me! He has done things for me nobody else would, not even my real children. I hope he can move closer to me and I love close families around! 




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