I had a brief day dream, which got shattered when reality hits. Photos are the biggest lies that make you think they are real.
I do have a hedge. I have to see how it works out.
Trump is speaking tonight. Sell on news? Fog of war! Buy the lowly ducks or high flying balloons? Is AI going to keep on flying?
Last day of March! War is still going strong! The xiaoyizi wants to continue, maybe iran, but the whole world does not. The Epstein gang against the whole world? is it possible?
I never imagined T has gone this far:( I need to change TT's official name.
The world is burning! There is no end in sight of the conflict. Yet, very few people see the real monster behind most of the ills of the world! Sad. No one is immune to propaganda. There is pressure to stop the conflict because part of the world economy is shutting down. There is also a war momentum that wants to keep it going. The demands on both sides are far apart. There is the extremists who want to keep it going.
Uber drivers?
Maddy is buying a house. We put up the money and she makes all the decisions.
New turmoil in going for the next step for my mom. We were ready to make an offer on a house for Maddy and Jimmy. However, yesterday Maddy called and wanted more compensation for her care, which is totally justified. However, it is best to discuss it before the decision of buying a house. Ming objected without providing a better plan. Stinky was going with the wind. In the end, I was able to convince Stinky to stay with the present plan. That means I most likely have to shell out more dough to Maddy and Jimmy to compensate them. I am already 63, so it is probably time to give her some money anyway.
PLTR had a blowout quarter, the gambler of me bought 200 more shares in the after market at about $159. This morning, all the software stocks are crashing again, with INTU, PYPL, XYZ, ADBE (which has been crashing for 2 years). MCO and SPGI down almost 10% each, Since Chris Hohn owns them, so bought a total of $15000 for both stocks, but it went down more as the day went on. I had a rule that I will never buy a stock in a down day:(. It costs me again.
There seems to be a commodity boom brewing. Today, the material stocks are flying on starting a strategic reserve fund to secure key minerals by Trump.
Iran war is on hold for now it seems because there does not seem to be a quick win.
SNAP keeps on tanking, probably down close to 20% since I got in. It is another Jim's picks (I wonder what the winning percentage would be overall). More critical of others' recommendations!
I went to Legoland to join the Budrows for Jacqui's birthday event (her 40th). TieTie fell into a lego pit facing down. His face got a few red spots (sharp corners of the pieces). I was right there and couldn't react quick enough to stop the fall:( It still pains me now.
I got another bloody nose from speculating a stock that I don't know much about RMBS, which was down over 10% the same day, so I sold 1/2: 100 shrs. Earnings brought down another 19%. All the semi or other AI supply chain stock are going up after earnings, only RMBS didn't!!! Ignorance is not a bliss.
I made peace between Zuna and Jacqui, by offering watching her dog for a few days next week. I was surprised that Zuna resisted so much. She complained to Julie. People's emotions are like streams of water, dont try to block them. The best is to redirect and merge them. It is clear to me that we need to scale back our goodwill. We will chat next week.
I exited UNH, which is not within my circle of competence! cut cprt in half, I believe cprt is a great co, but I dont it well enough yet.
Sold 1/2 of asml, which has been parabolic in the past a few months (doubled). A climax sale is unavoidable. Buy it back later.
Sold some RDDT, it is after the selling signal. Watch the support level closely. Rumored slow in ad market.
I talked to Maddy and Jimmy about taking care of my mom. My mom loved Maddy (favored her) growing up. I am glad Maddy never forgot that and my mom is going to receive the ultimate reward. She really puts us in shame. What an outstanding young woman she has become!
Li Lu's value investing key elements:
