Author Topic: What are you buying today?  (Read 2206430 times)

Zorrofan

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Re: What are you buying today?
« Reply #1070 on: April 21, 2015, 06:56:24 AM »
Lance,

As a holder of KMI I am curious why you sold? My feeling is Rich Kinder will use the current turmoil to add assets at attractive prices but I am always looking for the flaw in my reasoning. If you don't mind sharing why you sold?

thanks
Zorro


Lance

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Re: What are you buying today?
« Reply #1071 on: April 21, 2015, 07:44:51 AM »
Hi Zorrofan - I sold KMI to raise cash for purchasing during the downturn that I've been expecting but never seems to arrive.  I still like KMI and will likely buy it back in the event it move below my sell price. 

Thanks,
Lance 

Zorrofan

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Re: What are you buying today?
« Reply #1072 on: April 21, 2015, 09:09:28 AM »
Hi Zorrofan - I sold KMI to raise cash for purchasing during the downturn that I've been expecting but never seems to arrive.  I still like KMI and will likely buy it back in the event it move below my sell price. 

Thanks,
Lance

Lance,

thanks for your reply - if it is any consolation I've been raising cash too but I am starting to wonder if the FED will ever let the market correct....

cheers
Zorro



frommi

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Re: What are you buying today?
« Reply #1073 on: April 21, 2015, 09:43:20 AM »
Sold out of SEC.TO and bought QVAL.

AtlCDore

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Re: What are you buying today?
« Reply #1074 on: April 23, 2015, 06:10:59 AM »
Sold out of SEC.TO and bought QVAL.

frommi,

Just curious why sold out of SEC.TO? 

Regarding QVAL, do you have a % of your assets in quantitative value funds?  Have you looked at other funds?

Thanks,

AtlCDore

giofranchi

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Re: What are you buying today?
« Reply #1075 on: April 23, 2015, 06:19:36 AM »
I am buying FFH today, and I'll be buying BH in two weeks (if its price stays this low or is lower).

Cheers,

Gio
« Last Edit: April 23, 2015, 06:32:51 AM by giofranchi »
Portfolio: AAPL, AMZN, BABA, BOSS, BRK.B, FB, FFH, FIH.U, FINX, FWONA, GOOG, IBB, JPM, LBRDA, MKL, NKE, QQQ, SFTBF, SMH, TCEHY, V, XBI, XT

kirkomi

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Re: What are you buying today?
« Reply #1076 on: April 23, 2015, 06:30:15 AM »
Sold out of SEC.TO and bought QVAL.

You are jumping around quite a bit frommi. PKX -> SEC.TO -> QVAL.

Success is like pregnancy. Everybody congratulates you but nobody knows how many times you got fucked to achieve it.

My blog http://kirkomi.wordpress.com/

50centdollars

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Re: What are you buying today?
« Reply #1077 on: April 23, 2015, 06:30:48 AM »
Buying IRG:TSE

frommi

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Re: What are you buying today?
« Reply #1078 on: April 23, 2015, 06:33:03 AM »
Sold out of SEC.TO and bought QVAL.

frommi,

Just curious why sold out of SEC.TO? 

Regarding QVAL, do you have a % of your assets in quantitative value funds?  Have you looked at other funds?

Thanks,

AtlCDore

Because after the discussion and looking at historically P/B ratios for SEC.TO i see a P/B of ~0.6 as fair value of SEC.TO and because it is now close to that number and the stock is so illiquid i wanted to get out on the way up. QVAL is only a small part of my portfolio at the moment, but i can imagine buying more of it because i can compound tax efficient and with a small TER there with a tested value strategy that is proven to beat the market. But in the first place i bought it because i had no other good idea at the moment. But that can change daily.

frommi

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Re: What are you buying today?
« Reply #1079 on: April 23, 2015, 06:35:20 AM »
You are jumping around quite a bit frommi. PKX -> SEC.TO -> QVAL.

Yes sorry i have a skittish mind.