As I work on putting together my portfolio’s end-of-year performance review, I thought I’d drop a brief note on the state of the markets today. As of January 24th, the stock market has fully recovered from its 2022-23 drawdown (if we go by the S&P 500 price index). … [Read more...] about How can it be a bull market?
My Investing Journey
Chronicles my investing actions - past and present
One of my popular posts over the last couple of years was on Blackstone’s non-traded commercial REIT called BREIT. I wrote about it a couple of times here. My last post on it was in August 2020. Back in 2018 when I first wrote about BREIT, it was a new up-and-coming REIT. For … [Read more...] about Why are BREIT investors redeeming shares?
I have been hearing concerns about the state of the economy, inflation trend, looming recession, etc. since the beginning of 2022. Some blog readers have sent me comments on this. I hear this from other individual investors who I regularly interact with. All these macroeconomic … [Read more...] about In anticipation of economic recovery
Activision Blizzard (ATVI) is getting acquired by Microsoft (MSFT). Activision shareholders will be paid $95 per share in cash if the proposed acquisition is approved by various antitrust bodies worldwide. I am a long-time shareholder of both Activision and Microsoft (13 and 15 … [Read more...] about When my stocks go private
These days, there is a steady drumbeat in the financial media about an imminent economic recession in the country. I don’t have a position on whether one is inevitable. I try to only invest in quality businesses that can survive (and even thrive) in a recession. Like Chris Davis … [Read more...] about Who is afraid of a recession?