Friday, May 2, 2025

Quick Updates

 I was expecting a slowdown, and for the bear market to continue, but it has not:

  • Covered all my shorts yesterday.
  • Have gone long bitcoin, as a trade, still adding to it.  It broke out 2 weeks ago.  Lets see how long it continues.
  • Bought 5%
    position in Fairfax India (paid link).  India is doing well, with a 5% real growth rate.
  • I had some some WMB and KMI during the downturn.  Yesterday bought 3% in a Latam Gas pipeline company.  Its around 1/2 the valuation of WMB, and has more growth potential.  More risk though.
Still 8% cash and looking for stuff to buy.
My timing hasn't been great, I didn't buy the dip.  But thats the cost of missing big bear markets.




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