From: February 2017

The Pusher of Omaha

A have a Warren Buffett hangover. I took an Ambien last night while reading his annual report and somehow woke up with McDonald’s wrappers and Coke cans littered all over my hotel room. Today I see that Warren Buffett actually owns a truckload of Ambien (Sanofi – $SNY): jackdamn shared a chart on StockTwits My …

A Monday Laugh

I was on my way to NYC today and got stopped by the machines because they sensed ‘explosive materials’ on my hands. I had just eaten some weapon grade good teriyaki beef jerky… My partner Tom who immediately sensed smart ass comments from me and embarrassing photos started snapping photos. Things did escalate a bit, …

Permaoptimistic and Why Investing Matters

Michael had this great investing post today about how little it takes to make a difference. My friend Josh is out of the closet today as a proud permabull. He opens with: It’s become fashionable in the age of social media to derisively sneer at our fellow investors who are too optimistic and refer to …

On The Road Again…

I am heading out on a major east coast swing having spent the last month comfortably in Phoenix. I will by New York, Baltimore, Philly, Boston and North Carolina. I have really gotten into a good routine working and biking in the desert the last month, so will miss it. My bike circuit (I share …

I Survived The BULL Market of 2017

Charlie Munger says this about investing: It’s not supposed to be easy. Anyone who finds it easy is stupid. Classic. Personally, I believe we are in a Vanilla ETF clowncar headed off a cliff! It does not matter though what I think or feel. I have been following prices and getting dragged along. I feed …

Security, Security, Security

I added some security stocks to my portfolio over the last year – Checkpoint $CHKP, Palo Alto Networks $PANW and Akamai $AKAM. All three are volatile. I am down on my Akamai  position (I journal all these ideas on Stocktwits in real time). Over $5 billion has poured into security startups the last two years. …

What a Mess…

Great news…that sweet taste of coal waste will be back in American streams starting Monday: 'Trump signs bill undoing Obama coal mining rule' https://t.co/yMfT5r5RGh — Donald J. Trump (@realDonaldTrump) February 16, 2017 Unfortunately, I hear it from a very reliable source that other than the coal industry, everything is a mess. My son Max watched …