This week marked a 180 turn for the Chinese government. In one sweep, China’s main economic advisor, Liu He, announced the Chinese market has the support of the Chinese government. What happened with my KWEB trade. As you’ll recall in a previous post, I began a position with a long $35 Jan ’23 call on …
KWEB: Update on the Trade and Chinese Equity Expectations for 2022 Read More »
Finding good credit spreads is more of an art than a science. You are attempting to pick up bread crumbs in front of a steam roller so it is key that you turn the odds in your favor by picking the correct underlying and strikes. For a refresher on breakevens, max loss, and max profits …
Having a good investment process is key to keeping yourself busy. If you don’t have a good process you will spend your time over trading, looking at charts, and at the mercy of market movements. Rarely have I met an investor that can consistently perform well without a process. An investment process should include the …
My Investment Research and Idea Generation Process Read More »
This is the first edition of my Quarterly market outlook. I’ll be writing on the themes I see playing out and things I’m watching throughout the year. China Tax-Loss Reversal I see coming strength in Chinese companies playing out this year. A lot of the weakness from last year was due to a misunderstanding of …
The most interesting thing about this trade is that it seems so obvious. The risks in China are likely overblown and if you believe that good businesses will prosper over the long-term, this is a great risk/reward ratio. I see several tailwinds which I’ll explain below. Firstly, I think most of the Chinese company tax-selling …
It’s quite interesting how retail investors attempt to manage money like they’re a hedge fund. They don’t even realize the massive advantage that being a retail account provides. They waste their time following fads, over trading, taking all-in or all-out positions, high concentration in single stocks. Now don’t get me wrong, I like single stock …
Active Retail Portfolio Management that Beats the Market Read More »
This post begins our study of the Metaverse as we take a look at Mark “the Zucc” Zuckerberg’s route to the Matrix — I mean Mesh 365 — uhh… Web3?… the Zuckerverse?… you know what I mean. What is the Metaverse? At this point, as abstract and meta as the idea of the Metaverse is …
The Zuckerverse: a Guide to Investing in the Metaverse Read More »
