Author Topic: What are you buying today?  (Read 1783609 times)

LC

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Re: What are you buying today?
« Reply #5370 on: May 20, 2020, 12:59:10 PM »
Bought some more Cloudflare
"Lethargy bordering on sloth remains the cornerstone of our investment style."
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brk.b | goog | irm | lyv | net | nlsn | pm | ssd | t | tfsl | v | wfc | xom


fareastwarriors

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Re: What are you buying today?
« Reply #5371 on: May 20, 2020, 01:23:36 PM »
Bought some more Cloudflare


You need to update your signature with your updated holdings
:)

LC

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Re: What are you buying today?
« Reply #5372 on: May 20, 2020, 01:47:24 PM »
Bought some more Cloudflare


You need to update your signature with your updated holdings
:)

Done! But I warn you keeping track of my holdings is a depressing activity :D

Cloudflare is one of those companies that I used myself a few times. Industry-opinion is good, product is good, I have heard it described as "there is fast becoming no real good alternative". So great product but economics-wise, I mean you can see the financials for yourself. But I think they have a decent shot at sustainable organic growth or as an acquisition target. I think unlike a lot of the tech-bro stocks out there, in my very humble opinion they actually deliver value. Right now I am just nibbling at it as I do more research and understand the business and competitive landscape more. And need to see how the economics play out over a bit.

Livenation is a bit more well-understood so not much additional to say there. IMHO a good business, just temporarily depressed due to COVID of course.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
----------------------------------------------------------------------------------------
brk.b | goog | irm | lyv | net | nlsn | pm | ssd | t | tfsl | v | wfc | xom

LC

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Re: What are you buying today?
« Reply #5373 on: May 20, 2020, 02:12:48 PM »
Yes particularly as the company grows (and investors start foaming at the mouth) the IR & Marketing decks go into overdrive bullshit mode.

Need to find the nerds on stackexchange, ycombinator, etc. eg:
https://news.ycombinator.com/item?id=19367119

I'm looking at Akamai as well.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
----------------------------------------------------------------------------------------
brk.b | goog | irm | lyv | net | nlsn | pm | ssd | t | tfsl | v | wfc | xom

valueinvestor

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Re: What are you buying today?
« Reply #5374 on: May 27, 2020, 07:19:27 PM »
SHOP AND SEA LTD. BOUGHT CONTURA ENERGY (Speculative Play - Almost Like Pabrai's Teck bet).

Ice77

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Re: What are you buying today?
« Reply #5375 on: May 27, 2020, 11:46:24 PM »
SECB PM

kab60

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Re: What are you buying today?
« Reply #5376 on: May 29, 2020, 12:43:23 AM »
More Cambria Automotive and Cast SA the other day, now it is time to just wait and delever

LC

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Re: What are you buying today?
« Reply #5377 on: May 29, 2020, 06:13:06 AM »
I bought some LYV yesterday.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
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brk.b | goog | irm | lyv | net | nlsn | pm | ssd | t | tfsl | v | wfc | xom

york

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Re: What are you buying today?
« Reply #5378 on: May 29, 2020, 10:48:55 AM »
BB

valueinvestor

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Re: What are you buying today?
« Reply #5379 on: May 29, 2020, 03:45:28 PM »
BB

Would love to know your insights about it? Are you buying it because it's cheap on as asset basis where essentially 10% of market cap is cash or do you have any insights that their earnings will grow at a healthy clip which will rerate the stock?