One thing is certain and you can put this in stone.
What follows bull markets is bear markets. Every day we get closer to the day of reckoning where shit hits the fan.
Remember this, bear markets don't develop overnight and big liquidations don't begin at the market tops.
My equity market exposure has decreased over the last couple of years. My biggest positions are boring as hell.
Costco, because I need help finding a place to park at the 8 Costco's I frequent around the country and in Mexico.
Berkshire Hathaway Class B shares simply because betting against Warren Buffet is a fool's game.
Nvidia. Is there anything better in that space? Didn't think so.
Palantir. Am sticking with Alex Karp.
I want to talk about a few names I own that will someday have their face in the sun and now they are in a dense fog.
Warner Brothers Discovery Is David Zazlav reason enough to own it?
SoFI. Is 158,000,000 platform accounts enough to make a couple of bucks?
We had a shot across the bow a couple of weeks ago though I didn't feel it because on August 5 I owned a slug of TWKS, Thoughtworks, and that was the day a buyout was announced. Sometimes you get lucky.
I did sell CMPO the other day. Probably sold for the wrong reason but hindsight is always 100%. It had been good to me so I said goodbye.
I don't have it to trade as aggressively as in 2021.
It was wild and very profitable during the Covid nonsense.
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