This post is a trip down the memory lane. Ten years ago (December 29, 2011, to be specific), I had a smaller investment portfolio that also looked much different. It sported more cash. It had more stock mutual funds than individual stocks. I still had some employer-granted stock … [Read more...] about My portfolio ten years ago
My Investing Journey
Chronicles my investing actions - past and present
Two companies, two great share buybacks
I own shares in two companies whose CEOs have been at the helm for over twenty years. These two businesses are not in the same industry. They don’t have much in common—one is in the video game business, and the other is in investment banking. As you can imagine, their business … [Read more...] about Two companies, two great share buybacks
Blackstone credit platform
I have been singing the praises of Blackstone on these pages since 2018. I first wrote about the company in February 2018. Back then it was still a Limited Partnership (LP), and its shares were trading around $30. Then, about a year later, I wrote another post on it. Blackstone … [Read more...] about Blackstone credit platform
Parting ways with Brookfield Property Partners
My investing in commercial real-estate is mostly via publicly traded REITs (Real Estate Investment Trusts). Over the years, I have added several REIT positions in my portfolio. See this table for my REIT holdings. From time to time, I’ve also researched certain non-traded … [Read more...] about Parting ways with Brookfield Property Partners
Insiders who bought stocks in March 2020
In a March 2020 blog post when we were in the midst of the stock market crash, I highlighted four businesses where insiders had bought stocks. The table from that post is reproduced below. These insider purchases were made with their own monies in open market. In other … [Read more...] about Insiders who bought stocks in March 2020
Dipping my toe into this SPAC craze
I generally don’t have much interest in Initial Public Offerings (IPOs). They are often overpriced, overhyped, and not meant for long-term investors. In last couple of years, IPOs have seen a resurgence along with Direct Listings and SPACs. These IPOs, DLs, and SPACs are … [Read more...] about Dipping my toe into this SPAC craze
Tesla, BYD, and Charlie Munger
As I wrote last month, in 2020 Tesla jumped from #8 to #2 position in my portfolio. This week as I set about writing a blog post dedicated to my Tesla holding, I came across Charlie Munger’s Q&A from the Daily Journal’s annual shareholder meeting. Mr. Munger does not own any … [Read more...] about Tesla, BYD, and Charlie Munger
Costco and its special dividends
Costco just announced a special dividend of $10 per share, payable in December. This is their fourth special dividend payment to the shareholders in last eight years. It’s called special dividend because it is in addition to the regular dividend that Costco pays every quarter. … [Read more...] about Costco and its special dividends
A bear market in rear view
About a year ago, I wrote a blog post wishing that all long-term investors get at least one bear market in their investing journeys. In that post, I made the case that a bear market is a blessing in disguise, rather than a curse, for all patient investors. Here we are one year … [Read more...] about A bear market in rear view
Three years of dry powder deployments
Last month, the S&P 500 Price index reached its previous high, making up for all the losses incurred in this bear market. That was my automatic trigger to sell some stocks and recoup dry powder cash. It turned out to be an unusually quick turn-around for a decline as steep as … [Read more...] about Three years of dry powder deployments