Category Archives: Investments

We All Have ‘Only IF’ Investment Stories, But Doubt Whether We Can TOP This $613 Million For 2 Pizzas True-Story.

by Anura Guruge


Click to ENLARGE & read here. From: ‘businessinsider.com’ as is base image in featured image above.

I have yet to invest in Bitcoin & as such I am typically not that au fait on Bitcoin stories. I haven’t invested in Bitcoin because I don’t understand the technology & by and large I only invest in things I understand, or better still use, like: Amazon, Tesla, PayPal, Roku, & Google.

I was talking earlier in the day to a friend about all OUR missed opportunities when it has come to investments, over the decades, when he brought up this story. Cute. But, to be fair, this guy was an ‘inventor’ of Bitcoin & was trying to promote it. I assume he has since made Billions.

The BIG QUESTION is what did the person who accepted those Bitcoins for the 2 pizzas do with it? Did he/she hold on to them. Now that would be a great story too.

Just wanted to share with YOU, in case you, like I, had NOT heard of it.


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by Anura Guruge


Tiger Woods’ Much-Publicized Crash In A ‘Genesis GV80’ — Good Or Bad For ‘Genesis’?

by Anura Guruge


GV80 SUV driven by Tiger Woods vs smaller, sedan, the G70.


I have owned SUVs from both KIA & Hyundai. Over the last couple of years the occasional Genesis I have seen has always caught my eye.

Then a few months ago Genesis entered my life. I have to get a newer car than the 19-year Jaguar XJ8 that I drive. It has limited safety features & I am starting to worry about its reliability. So, for the long trips I do, I have started renting a car/SUV.

So, in Oct/Nov I started looking around for a car that would meet my needs. Though it broke my heart I ruled out another Jag. I do NOT trust their reliability — especially at the crazy prices they want for a fairly new one.

I toyed with a convertible BUT I also need, at a minimum, FWD — given the snow — & ideally, AWD. FWD/AWD convertibles are a rare commodity. Then, I compromised on a moonroof. Googled for “AWD moonroof” — &, of course, it could NOT be German. The KIA ‘Stinger’ kept on popping up. I heard good things about the Stinger. But, it got me thinking. Hyundai is the higher/more luxurious KIA. So, what did Hyundai have to offer. That is how I discovered the Genesis G70.

So, here is the irony. Just about the time Tiger Woods was involved in his accident, Teischan & I were at a Genesis dealing talking G70s. First time we had been to a Genesis dealership. Kind of uncanny. What a coincidence.


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by Anura Guruge


I Have A Feeling That Amazon Will Split, 10-to-1, Before Jeff Bezos Leaves — But I Could Be Wrong.

by Anura Guruge


Just a hunch. But, I could be wrong. It doesn’t really matter to I. As some of you know I have BIG into AMZN for many, many year. That said, I do like splits. Why? Two reasons, both of which were amply demonstrated with Tesla’s split last year. These being:

  1. News of the split will drive the price up. It shouldn’t, but it always does! So, that would be fun. Yes, the price will fall, but the run-up is exciting & some can profit majorly — though not I. I rarely sell any AMZN shares. I am in AMZN for the long-haul.
    ….
  2. A 10-to-1 split will open up MORE opportunities for option trading. That is the BIG DRAW as far as I am concerned. You can ONLY trade options in 100-share blocks. With AMZN’s $3,000+ price amassing 100-shares is expensive –> $300,000! But, following a 10-to-1 split it would be 10 times easier. SMILE. You will only need $30,000. HUGE difference. I talked about this with TSLA. Yes, I benefited from this with TSLA. Think about it.

As the stock chart above shows there has NOT been a split of AMZN this millenia! It has been over 20-years. At $3,000+ the price is ripe for a split, & 10-to-1 sounds good to 1. Even a 5-to-1 will not be bad.

However, I think that Jeff Bezos’ departure in June is the real catalyst & motivation. Jeff has already wrought miracles in terms of both the company & AMZN stock price. But, a split prior to his departure will give the AMZN price another spike. That would still be under Jeff’s tenure. When history is written that spike will also be credited to him. So, rather than leave when AMZN was at (say) $3,250, it might go as high as $4,500 (pre-split). Will make Jeff’s legacy that much richer. Think about it. SMILE.


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by Anura Guruge


How Did YOUR Financial Advisor Or Wealth Manager Stack Up Against Me In 2020?

by Anura Guruge



NOPE. Definitely NOT a solicitation. I will NOT manage other people’s money. For a start I am NOT licensed, & never will be. I am TOO OLD. I did manage some funds for a relative, FOR FREE, but stopped doing that when I felt I was getting too old.

I am SURE your professional Financial Adviser or Wealth Manager left me in the dust. Alas, I am too poor to be able to afford one. I have to struggle by on my own. But, I am not greedy. Never have been (other than for chocolate cakes). I am happy with these ‘OK’ returns. I can live with it.

Kind of funny. About 8-years ago Fidelity STOPPED calling me to ask me if I had considered using their services. SMILE.

Yes, these portfolios have a lot of FANG, TSLA, NVDA, Etsy etc.


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by Anura Guruge

With COVID Still Spiking, New Travel Restrictions On Tap, I Can’t See How ‘Airbnb’ Can Prosper.

by Anura Guruge


I had the option of buying Airbnb (ABNB) stock this morning. I actually typed in the buy order … then I relented!

Just did NOT make sense to me. Our local Airbnb, up the road, is CLOSED — due to COVID. Yes, I know many are NOT as responsible, BUT, vaccine or no vaccine, we are not out of the woods when it comes to COVID. We still have at least 6-months more to GO — in the U.S. Minimum. So, I can’t see how Airbnb numbers are going to excel during that time.

So, I did NOT buy ABNB in the end. Instead, I bought AI, MORE (lots more) NIO & a bit more ETSY. SMILE.


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by Anura Guruge

Inflation Simplified — Jamaican Style.

by Anura Guruge


YouTube Video below.



It is cute. Just 30-seconds.

What is REMARKABLE is that it was made by the “Jamaica Central Bank” (JCB) — their Government Agency responsible for their monetary policy. Their equivalent of the U.S. ‘Fed’.

Impressive.

I heard about this video on NPR’s ‘MarketPlace’. It intrigued I. I had to go find it. Then, I would have been remiss IF I didn’t share it with you.

Enjoy. Concentrate. You could learn a thing or two about inflation.


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by Anura Guruge

IF You Bought ‘Tesla’ (TSLA) On Tuesday, When I ‘Implied’, YOU Would Have Made $200(+) A SHARE!

by Anura Guruge


Today, Thursday, August 27, 2020, at Market Close. << GRIN >>

Click to ENLARGE.


Tuesday, August 25, 2020 Post. SMILE.


Numbers NEVER lie!

Plain as day, $2,017 when I posted on Tuesday, $2,245 TODAY. SMILE.

Yes, I bought SOME TSLA. My kids already had SOME TSLA.

I bought my first TSLA, 3 (4 maybe 5) years ago, at $380 a SHARE. People told me I was CRAZY. SMILE.

I know I am CRAZY. I am CRAZY as a cat. SMILE.

Yes, I am SMILING.

I have been LONG, VERY LONG (like 6-years) on AMZN, TSLA, NVDA, ROKU (since IPO), AVGO …

So, have the kids, BUT they also have NFLX & APPL. SMILE. GRIN.

SMILE.


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by Anura Guruge

You Can STILL Get The ‘Tesla’ (TSLA) 5-for-1 Stock Split Post Aug. 21 — Even Today.

by Anura Guruge



The STATED August 21, 2020 ‘ex-dividend’ date for getting the 5-for-1 stock split is ‘BOGUS’! SMILE.

I even checked with Fidelity.

While a stock split is considered a dividend it doesn’t work as with a normal monetary dividend. With a monetary dividend IF you BUT after the ex-dividend day, you don’t get the dividend, just the stock. The seller gets to keep the dividend.

Doesn’t work with a stock split, BECAUSE ALL the shares are SPLITTING.

Yes, I bought some. SMILE. I have been LONG on TSLA for years. I first bought TSLA, 4- or 5-years ago when it was $380. SMILE. Did NOT buy many. SMILE. Earlier this year I added a BIT (& bough TSLA for both kids. SMILE). Today I sold ‘bits-&-bobs’ & bought a bit more TSLA. Enough. Now, after the split, this Saturday I will have a ‘decent’ amount. YES, the actual NUMBER of shares matter IF you are an ADDICTED option trader like I. Smile. [P.S., If you could see my kids’ portfolios. SMILE. High risk, HIGH rewards. SMILE.]

Just thought I will share this with you.

August 21, 2020 day meant NOTHING.

You can carry on buying TSLA till 4:00pm on Friday, August 28, 2020 & still get the 5-for-1 split.

It is ‘OK’. You do NOT have to thank me. This is what I do. SMILE.


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by Anura Guruge

Just Making Sure That YOU Know That The Much Lauded May 2020 Jobs Report Had A 3% Error In It.

by Anura Guruge


Click for full article.


Google for MORE.


I knew right away on Friday morning that there was something very FISHY about this May 2020 jobs report. Just did not ring true.

Within 3-hours folks had spotted the error.

Did YOU know about this error?

Trump sure did NOT mention it. Numbers are NOT as good as he was making out. They were 3% worse.

You better check it out.


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by Anura Guruge

I Became An Instantaneous Oil Futures Stock Trader This Afternoon At 2:30pm.

by Anura Guruge


Click to ENLARGE & ADMIRE.


WOW! Talk about historic. Oil futures going BELOW $0.00. Oil prices, albeit in a futures contract, going below $0.00. Down to about -$32. Yes, MINUS $32.

Well, you don’t have to be Einstein to work out that they can’t be below $0.00 forever. Right?

Yes, short-term they might go down another $20. But, oil can’t stay below $0.00.

As some of you know I am a very active trader & investor. But, I have NEVER done oil before. Knew NOTHING about oil. 90% of what I do and what I have done is my sphere of experience/expertise high-tech. But, I am also uniquely equipped mentally & with the technology to do deep-dive research. And that is what I did. Flipped that magic-switch I have. Had my brain going in overdrive. Didn’t take long to work out what ETFs I needed to buy.

I had a fairly large stash of cash sitting on the sidelines just for an opportunity like this. SMILE. I pulled the trigger. No pussy-footing. I went in BIG. SMILE. V. BIG. Large trade. Now I am just going to sit back and wait. As oil demand comes back — as it has to FROM TODAY — I will be smiling even broader. This was insane.

So EASY. I am still smiling.


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by Anura Guruge