Portfel MB

• Stan: otwarta
• Wielkość: 9% portfela — pomiar podany przez MB (podana 2026-08-21)
• Cena wejścia: $179.55 — średnia nieważona z 5 transz, rozrzut $127.71–$201

Historia:

• 2025-11-26 HOLD [high]

You know I own and like LULU, MOH, FOUR.

• 2025-12-12 HOLD — „my 7th biggest position, but my largest newer position” [high]

I still own the ones I've mentioned - MOH, FOUR, LULU, FNMA, FMCC.

• 2025-12-30 HOLD — „I have a very full position now” [high]

I have a very full position now, but would buy more if it falls.

• 2025-12-31 HOLD [high]

I am not selling and don't plan to for a very long time. If I do sell, I would let people here know that I am getting out.

• 2026-01-27 HOLD — „remains a top pick for me” [high]

I am not selling MOH and it remains a top pick for me.

• 2026-02-02 HOLD [medium]

I do not believe this news is significant for the long-term Molina Healthcare long thesis.

• 2026-02-05 HOLD [medium]

And nothing about my thesis is changed. We knew nothing would be solved in 2025 or the first part of 2026.

• 2026-02-06 ADD po $127.71 — „increased my position up to 7%” [high]

Today Feb 6, 2026, I increased my position up to 7%, Average price 127.71

• 2026-02-06 HOLD [high]

I can say nothing about my thesis is changed. ... Which I believe I am getting.

• 2026-02-06 SIZE — „up to 7%” [high]

Today Feb 6, 2026, I increased my position up to 7%

• 2026-02-09 (data przybliżona) ADD — „about a 10.5% position” [high]

This morning I made the position about a 10.5% position on the dip.

• 2026-02-09 SIZE — „about a 10.5% position” [high]

This morning I made the position about a 10.5% position on the dip.

• 2026-02-18 ADD — „substantially increased the size” [high]

Today I substantially increased the size of my MOH position to over 16% of my portfolio.

• 2026-02-18 SIZE — „over 16% of my portfolio” [high]

Today I substantially increased the size of my MOH position to over 16% of my portfolio.

• 2026-03-03 HOLD — „almost doubled down” [medium]

I had almost doubled down in MOH already.

• 2026-03-23 HOLD [high]

I have not sold shares in LULU, JD, Meituan, MOH, GME, and others at any time this year.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-04-03 SIZE — „it is my largest new position yes. In that range.” [medium]

it is my largest new position yes. In that range.

• 2026-04-08 HOLD — „I have a lot” [medium]

I have a lot and I would buy more in the 120ish area.

• 2026-04-16 HOLD — „Remains a large portion” [high]

As it should be. This will take some time. Remains a large portion. I have not sold a share.

• 2026-04-22 HOLD [high]

I have not sold a share, and I plan to add shares in the morning.

• 2026-04-23 HOLD — „I have a large position ... it is a core position for me” [high]

I did not add to Molina today. I have a large position, and I do not generally buy on big up days.

• 2026-04-24 ADD po ~$174 [high]

Today I also bought more MOH at ~$174.

• 2026-04-24 HOLD — „My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.” [high]

My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.

• 2026-05-07 SIZE — „it is just over 10%” [high]

MOH was much larger but was diluted down and now even after the rally, and even though I never sold, it is just over 10%.

• 2026-05-07 HOLD — „just over 10%” [high]

even though I never sold, it is just over 10%

• 2026-05-08 HOLD — „it remains a top 3 position” [high]

I continue to believe in this company as a long-term hold, and it remains a top 3 position. I am not selling, neither am I adding.

• 2026-05-29 HOLD — „Still a top position” [medium]

I did take that to 20% or so across my accounts and it got diluted down as it ran up, so the stock is up but my position is actually smaller now. Still a top position.

• 2026-07-02 HOLD [high]

MOH was incredibly oversold, but today’s price is still a good price and I am holding.

• 2026-07-24 ADD po $197.02 [high]

I added to my Molina Healthcare long position at $197.02 .

• 2026-08-06 HOLD — „MOH was the biggest before more investment capital arrived. Now it is smaller” [high]

Unfortunately MOH was the biggest before more investment capital arrived. Now it is smaller because I added to others withi the new capital.

• 2026-08-11 ADD po $198 — „This is a full position” [high]

I added to my Molina Healthcare position at $198. This is a full position, but had fallen off in relative size due to capital movements on my part.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

you will know the full positions (5-10%) including Molina Healthcare (MOH) , Mercadolibre (MELI) , JD.COM (JD) , Zoetis (ZTS) , Temple & Webster (TPW), Adobe (ADBE), PayPal (PYPL), HCA Corp (HCA), Fiserv (FISV), Flutter

• 2026-08-13 SIZE — „about 1 percentage point lower in size” [medium]

The next group down, about 1 percentage point lower in size, includes lululemon (LULU), Veeva (VEEV), Flutter (FLUT), Molina Healthcare (MOH), HCA Corp (HCA) and PayPal (PYPL)

• 2026-08-14 HOLD — „not far behind, but in the realm of a more normal full position size” [high]

MOH is not far behind, but in the realm of a more normal full position size.

• 2026-08-21 (data przybliżona) ADD po $201 — „now a 9% position” [high]

I added more Molina Healthcare (MOH) at $201, now a 9% position.

• 2026-08-21 HOLD — „one of my largest positions” [high]

I still hold MOH yes and it is one of my largest positions

• 2026-09-09 HOLD — „largest positions” [high]

the largest positions being Lululemon (LULU), Molina Healthcare (MOH), Mercado Libre (MELI)

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: 8% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: HKD: 98 HKD (1 transza) / USD: $27.69 (średnia nieważona z 4 transz, rozrzut $24.79–$30.1)

Historia:

• 2025-11-27 HOLD — „a fave of mine” [high]

Yes, JD is a fave of mine and I own the HK shares. Media likes to say I have been in and out but I have owned those essentially continuously for years now.

• 2026-01-05 HOLD [high]

In Hong Kong, I own Kuaishou 1024 HK, JD 9618 HK, and Meituan 3690 HK, all generally with little risk of sanctions.

• 2026-02-03 HOLD [high]

I continue to happily own JD.

• 2026-02-16 HOLD [high]

I continue to hold JD, Meituan and Kuaishou in HK.

• 2026-02-20 HOLD — „These are not large positions” [high]

I currently own JD (9618 HK), Meituan (3690 HK), and Kuaishou (1024 HK) These are not large positions

• 2026-02-26 HOLD [high]

I own them all here and think these are all great prices.

• 2026-03-05 ADD po ~98 HKD — „Increased my JD 9618 HK position 25%” [high]

Increased my JD 9618 HK position 25% with a buy just under 98 HKD

• 2026-03-23 HOLD [high]

I have not sold shares in LULU, JD, Meituan, MOH, GME, and others at any time this year.

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-04-10 ADD — „a significant add” [high]

I bought shares in JD.com and Alibaba today. JD is a significant add, and Alibaba is a new position.

• 2026-04-22 HOLD — „my largest newer position” [high]

JD is now my largest newer position due to the rally.

• 2026-04-24 HOLD — „My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.” [high]

My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.

• 2026-05-04 ADD po $30.1 — „some” [high]

I increased my JD ADS position some at $30.10..

• 2026-05-09 HOLD [high]

But I own them both.

• 2026-05-12 HOLD — „it remains a top position” [high]

There is no thesis violation, and it remains a top position.

• 2026-05-26 HOLD [high]

Neither should it affect the two I own through ADS in New York, Alibaba (BABA) and JD (JD) .

• 2026-06-07 HOLD — „one of my biggest positions” [high]

JD is a very cheap stock. I am happy to own it and make it one of my biggest positions.

• 2026-06-16 ADD po ~$28.3 — „This is a very full position” [high]

Bought more JD (JD ADS) at about $28.30. This is a very full position.

• 2026-06-25 ADD po $24.79 [high]

I added to JD at $24.79

• 2026-07-08 ADD po $27.58 — „one of my top three positions” [high]

I also bought more JD at $27.58 . This is one of my top three positions.

• 2026-08-06 HOLD — „The largest positions at the moment” [high]

The largest positions at the moment are ADBE, JD.

• 2026-08-11 HOLD [high]

Meituan and JD to me are exteremely undervalued. I don't use target prices, never have. I will be in them until the thesis changes or another opportunity offers better long term return.

• 2026-08-13 HOLD — „one of my largest positions” [medium]

Overall there is no thesis violation and it remains one of my largest positions

• 2026-08-13 SIZE — „top positions, all about the same size; from 5% to 8% in size” [high]

my top positions, all about the same size, are Zoetis (ZTS), Mercado Libre (MELI), JD.com (JD), and Adobe (ADBE)

• 2026-08-23 (data niepewna) ADD — „greatly increased my JD position”, powód: rotation [medium]

I moved my entire Alibaba position into JD not too long ago. This greatly increased my JD position.

• 2026-08-25 HOLD [high]

I remain long Meituan, JD, Haidilao, Haier, and Tencent.

• 2026-09-04 HOLD [high]

I own the former but not the latter.

• 2026-09-09 HOLD — „largest positions” [high]

JD.com (JD), Birkenstock (BIRK)

• 2026-10-05 (data niepewna) ADD [high]

In options but far away from any stock sales, I purchased more JD.com (JD) 2029 Calls far out of the money.

• 2026-10-11 HOLD [high]

JD (9618 HK), Haidilao (6862 HK), Haier (6690 HK) and Tencent (700 HK) remain in the portfolio, as well as Meituan (3690 HK)

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in smaller size” (2026-08-13)
• Cena wejścia: 81.58 HKD — średnia nieważona z 3 transz, rozrzut 74.4 HKD–87.6 HKD

Historia:

• 2026-01-05 HOLD [high]

In Hong Kong, I own Kuaishou 1024 HK, JD 9618 HK, and Meituan 3690 HK, all generally with little risk of sanctions.

• 2026-02-16 HOLD [medium]

I continue to hold JD, Meituan and Kuaishou in HK.

• 2026-02-20 HOLD — „These are not large positions” [high]

I currently own JD (9618 HK), Meituan (3690 HK), and Kuaishou (1024 HK) These are not large positions

• 2026-02-26 HOLD [high]

I own them all here and think these are all great prices.

• 2026-03-05 ADD po 74.4 HKD — „Increased my Meituan 3690 HK position 50%” [high]

Increased my Meituan 3690 HK position 50% with a buy at 74.40 HKD

• 2026-03-23 HOLD [medium]

I have not sold shares in LULU, JD, Meituan, MOH, GME, and others at any time this year.

• 2026-04-10 HOLD [high]

I own the shares in Hong Kong, yes.

• 2026-04-22 HOLD [medium]

I still hold Meituan and Haidilao.

• 2026-04-24 HOLD [medium]

I continue to own Alibaba, Haidilao, and Meituan in Hong Kong.

• 2026-05-04 (data przybliżona) ADD po 82.75 HKD [high]

I added to Meituan 3690 HK at HKD 82.75.

• 2026-05-07 (data przybliżona) ADD [high]

I also added to Tencent Holdings (HK 700) and Meituan (HK 3690).

• 2026-05-09 HOLD [high]

But I own them both.

• 2026-05-26 HOLD [high]

this does not affect the fundamental business thesis for any of my longs in Hong Kong, Tencent (700 HK) , Meituan (3690 HK) , Haidilao (6862) , and Haier Smart Home (6690 HK)

• 2026-07-23 ADD po 87.6 HKD [high]

So, I also added to my Meituan (3690 HK) long at HK$87.60 per share .

• 2026-08-11 HOLD [high]

Meituan and JD to me are exteremely undervalued. I don't use target prices, never have. I will be in them until the thesis changes or another opportunity offers better long term return.

• 2026-08-13 HOLD — „in smaller size” [high]

Plus Sprouts (SFM), Meituan (3690 HK), Tencent (700 HK)

• 2026-08-25 HOLD [high]

I remain long Meituan, JD, Haidilao, Haier, and Tencent.

• 2026-10-11 HOLD [high]

JD (9618 HK), Haidilao (6862 HK), Haier (6690 HK) and Tencent (700 HK) remain in the portfolio, as well as Meituan (3690 HK)

• Stan: otwarta
• Wielkość: 5-10% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $49.21 — średnia nieważona z 6 transz, rozrzut $47.55–$51.93

Historia:

• 2026-02-03 HOLD [high]

FISV I have a position but as I mentioned in the piece the price at which I back up the truck is in the 40s.

• 2026-03-03 HOLD [medium]

I also own FISV at near current prices.

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-04-10 BUY [high]

I bought shares in Fiserv.

• 2026-04-15 HOLD — „individually low-normal positions (4-6+%)” [high]

I continue to hold Fiserv, Adobe, Autodesk (ADSK) , and Veeva (VEEV) , all of which are individually low-normal positions (4-6+%) for me, but collectively a 20% position.

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-05-05 HOLD [high]

I continue to hold my position in Fiserv FISV, where my average cost to date is in $54s.

• 2026-05-07 HOLD [high]

I continue to hold MSFT , FISV, PYPL, ADBE, VEEV, and MSCI in that software and payments space.

• 2026-06-15 ADD po ~$48.5 — „which is a full position. Think 5-7%” [high]

Today, I bought more FISV at approximately $48.50. The position sits around the size of my MELI and BIRK positions currently, which is a full position. Think 5-7%.

• 2026-06-15 HOLD [high]

I am not selling my stock yet, but I am considering doing so.

• 2026-06-15 SIZE — „a full position. Think 5-7%” [high]

The position sits around the size of my MELI and BIRK positions currently, which is a full position. Think 5-7%.

• 2026-06-16 ADD po ~$49.5 — „All these positions are essentially full positions” [high]

Today, I bought more Fiserv (FISV) at about $49.50 for the same reasons.

• 2026-06-18 (data przybliżona) BUY po ~$48 — „All are full positions” [high]

Bought Fiserv (FISV) at about $48 down 80% since March 2025.

• 2026-06-25 ADD po $47.55 [high]

In addition, I added to Fiserv (FISV) at $47.55.

• 2026-07-02 HOLD — „bullish full positions” [medium]

In Payments, FISV, PYPL.

• 2026-07-15 ADD po $49.75 [high]

Fiserv (FISV) at $49.75

• 2026-08-06 ADD [high]

I added to my Fiserv stock position on the dip this morning.

• 2026-08-06 HOLD [high]

I am not selling FISV or ZTS on these reports. This is a transition year through and through and no part of the thesis rested on this quarter’s results

• 2026-08-07 ADD po $51.93 [high]

I added to Fiserv (FISV) at $51.93 . A transition year like this, in August, is a perfect time to accumulate.

• 2026-08-13 HOLD — „full positions (5-10%)” [medium]

Fiserv (FISV), Flutter (FLUT), Veeva (VEEV)

• 2026-09-09 HOLD — „largest positions” [high]

Fiserve (FISV), Flutter (FLUT)

• 2026-09-11 HOLD — „in good size” [high]

It makes a lot of sense, I don't feel the urgency I do with LULU in particular, and I do own FISV in good size.

• 2026-09-27 HOLD [low]

I belive I have long maintained the load up price was in the 30s, but that I was buying it in the high 40s. My evaluation of the timeline on FISV has shifted the valuation lower

• 2026-09-28 HOLD [medium]

I bought FISV though the IV15 was in the 30s, and I said so.

• 2026-10-05 HOLD [high]

Instead I am simply holding the stock, neither buying nor selling.

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in smaller size” (2026-08-13)
• Cena wejścia: 458.3 HKD — średnia nieważona z 2 transz, rozrzut 448.6 HKD–468 HKD

Historia:

• 2026-02-20 HOLD [low]

Tencent primary listing in HK is the only one I have held. HK stocks are not disclosed.

• 2026-05-04 (data przybliżona) BUY po 468 HKD [high]

I started a new position in Tencent 700 HK at HKD 468.

• 2026-05-07 (data przybliżona) ADD [high]

I also added to Tencent Holdings (HK 700) and Meituan (HK 3690).

• 2026-05-26 HOLD [high]

this does not affect the fundamental business thesis for any of my longs in Hong Kong, Tencent (700 HK) , Meituan (3690 HK) , Haidilao (6862) , and Haier Smart Home (6690 HK)

• 2026-06-13 HOLD [medium]

I own both however.

• 2026-06-16 HOLD [high]

I own it too. I discussed it in my Hong Kong stocks articles.

• 2026-07-23 ADD po 448.6 HKD [high]

Today I added to my Tencent (0700 HK) long at HK$448.60 per share.

• 2026-08-13 HOLD — „in smaller size” [high]

Meituan (3690 HK), Tencent (700 HK), Haier HOme (6862 HK)

• 2026-08-25 HOLD [medium]

I remain long Meituan, JD, Haidilao, Haier, and Tencent.

• 2026-10-11 HOLD [high]

JD (9618 HK), Haidilao (6862 HK), Haier (6690 HK) and Tencent (700 HK) remain in the portfolio, as well as Meituan (3690 HK)

• Stan: otwarta
• Wielkość: 8% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $221.14 — średnia nieważona z 5 transz, rozrzut $195.11–$264.5

Historia:

• 2026-02-26 (data przybliżona) BUY po od $260 [high]

I bought Adobe last week in the 260 range.

• 2026-03-02 HOLD — „These are not big for me” [medium]

I haven't disclosed the thesis on that one fully yet.

• 2026-03-03 (data niepewna) BUY [high]

Added to FNMA last week, started in ADBE and SFM.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-04-13 BUY — „a low normal position” [high]

Today I committed to a low normal position in each of ADBE and ADSK.

• 2026-04-13 HOLD — „it is a very small position” [high]

It is cheap enough for me at this point. But it is a very small position, and I am working on a software stock manifesto.

• 2026-04-15 HOLD — „individually low-normal positions (4-6+%)” [high]

I continue to hold Fiserv, Adobe, Autodesk (ADSK) , and Veeva (VEEV) , all of which are individually low-normal positions (4-6+%) for me, but collectively a 20% position.

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-04-23 ADD [high]

I added to MSCI, PYPL and ADBE, and I purchased MSFT as a new position.

• 2026-05-07 HOLD [high]

I continue to hold MSFT , FISV, PYPL, ADBE, VEEV, and MSCI in that software and payments space.

• 2026-05-18 ADD po od $250 — „Adobe is a low normal position for me.” [high]

Today I added to Adobe (ADBE) in the low $250s. This is on top of my main purchase in the low $230s. Adobe is a low normal position for me.

• 2026-06-12 ADD po $199.59 — „All are full positions for me” [high]

I added to Adobe (ADBE) at $199.59.

• 2026-06-12 HOLD — „They all sit in the same range” [medium]

They all sit in the same range. LULU is the biggest.

• 2026-06-18 (data przybliżona) BUY po ~$196 — „All are full positions” [high]

Bought Adobe (ADBE) at about $196, down 70% from the February 2024 high.

• 2026-06-25 ADD po $195.11 [high]

I added to Adobe (ADBE) at $195.11.

• 2026-07-02 HOLD — „bullish full positions” [medium]

I have already taken bullish full positions in ADVE, VEEV and MSFT.

• 2026-07-24 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-25 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-08-06 HOLD — „The largest positions at the moment” [high]

The largest positions at the moment are ADBE, JD.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Adobe (ADBE), PayPal (PYPL), HCA Corp (HCA)

• 2026-08-13 SIZE — „top positions, all about the same size; from 5% to 8% in size” [high]

my top positions, all about the same size, are Zoetis (ZTS), Mercado Libre (MELI), JD.com (JD), and Adobe (ADBE)

• 2026-09-09 HOLD — „largest positions” [high]

Adobe (ADBE), HCA

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: 5.2% portfela — pomiar podany przez MB (podana 2026-08-21)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-03-02 (data niepewna) BUY — „These are not big for me” [high]

I did buy a position in SFM as well. Also have not described my thesis on that one y et. These are not big for me.

• 2026-03-03 (data niepewna) BUY [high]

Added to FNMA last week, started in ADBE and SFM.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-04-24 ADD po ~$73 — „This is now a low normal position size” [high]

I finally ramped up my position in Sprouts Farmers’ Markets SFM at ~$73. This is now a low normal position size.

• 2026-06-03 ADD po $78.19 — „small add to mid position” [high]

BUY SFM @ $78.19 small add to mid position

• 2026-07-02 ADD po $89.33 — „so I can build a real position” [high]

I added to Sprouts (SFM) at $89.33

• 2026-07-15 ADD po $75 [high]

Sprouts Farmer's Market (SFM) at $75

• 2026-08-13 HOLD — „in smaller size” [high]

Plus Sprouts (SFM), Meituan (3690 HK), Tencent (700 HK), Haier HOme (6862 HK) and Haidilao (6862 HK), all in smaller size.

• 2026-08-13 SIZE — „at about 5% positions each” [high]

Finally, at about 5% positions each, are Sprouts (SFM), Fannie Mae (FNMA), and Freddie Mac (FMCC)

• 2026-08-21 (data przybliżona) ADD po od $77 — „a full 5.2% position” [high]

I added to Sprouts Farmer’s Markets (SFM) in the high $70s, taking it to a full 5.2% position.

• 2026-09-09 HOLD — „largest positions” [high]

Sprouts (SFM), JD.com (JD)

• 2026-09-21 ADD — „a little more” [high]

I round out the buys with a little more Sprouts Farmers Market (SFM)

• 2026-09-22 ADD — „All these positions are full positions for me now” [high]

I purchased more QXO (QXO), more Build-A-Bear (BBW) , more Sprouts (SFM) , more Birkenstock (BIRK) , and more Mercado-Libre .

• 2026-09-28 ADD po od $63 — „getting more aggressive” [high]

I bought more Sprouts here in the $63s , and I am getting more aggressive while acknowledging these new lows could continue.

• 2026-10-05 (data niepewna) BUY [medium]

I found their LEAP calls attractive, and decided to go out to 2028 and 2029 on these with fairly cheap calls as a replacement for my stock positions.

• 2026-10-05 (data niepewna) SELL — powód: rotation [medium]

I found their LEAP calls attractive, and decided to go out to 2028 and 2029 on these with fairly cheap calls as a replacement for my stock positions.

• 2026-10-11 HOLD [medium]

I currently own LEAPs on Sprouts expiring January 2028, and I do not expect to sell them for now.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in smaller size” (2026-08-13)
• Cena wejścia: 14.93 HKD — średnia nieważona z 3 transz, rozrzut 14.16 HKD–16.39 HKD

Historia:

• 2026-03-12 BUY po 16.39 HKD — „a slightly less than normal position size” [high]

Today I bought a slightly less than normal position size in Haidilao 6862 HK at 16.39 average price

• 2026-03-25 HOLD [high]

To me it is a good investment at that price, and I have not sold my shares. The earnings were in line with my thesis.

• 2026-03-26 BUY po od 14 HKD [high]

I am buying Haidilao in the low 14s tonight

• 2026-04-22 HOLD [medium]

I still hold Meituan and Haidilao.

• 2026-04-24 HOLD [medium]

I continue to own Alibaba, Haidilao, and Meituan in Hong Kong.

• 2026-05-04 (data przybliżona) ADD po 14.16 HKD — „more than doubled down” [high]

I more than doubled down on Haidilao 6862 HK at HKD 14.16.

• 2026-05-26 HOLD — „I have enough and am not buying more here” [high]

The shares have derated significantly, the CEO is buying, and I am happy holding the shares here. ... As it is, I have enough and am not buying more here.

• 2026-08-13 HOLD — „in smaller size” [high]

Haier HOme (6862 HK) and Haidilao (6862 HK), all in smaller size.

• 2026-08-25 HOLD [medium]

I remain long Meituan, JD, Haidilao, Haier, and Tencent.

• 2026-10-11 HOLD [high]

JD (9618 HK), Haidilao (6862 HK), Haier (6690 HK) and Tencent (700 HK) remain in the portfolio, as well as Meituan (3690 HK)

• Stan: otwarta
• Wielkość: 9% portfela — pomiar podany przez MB (podana 2026-08-21)
• Cena wejścia: AUD: 5.42 AUD (średnia nieważona z 3 transz, rozrzut 5 AUD–5.88 AUD) / USD: $3.12 (1 transza)

Historia:

• 2026-03-20 (data przybliżona) BUY — „in good size” [high]

I bought TPW AU the last few days in good size. I will write it up at some point.

• 2026-05-05 (data przybliżona) ADD po 5.38 AUD — „more than doubled my position” [high]

I more than doubled my position in Temple & Webster (TPW AU) at AUD 5.38.

• 2026-05-07 (data przybliżona) ADD po od 5.5 AUD — „it remains a growing position at these levels” [high]

I added to Temple & Webster, TPW AU in the high AUD 5s as it remains a growing position at these levels.

• 2026-06-25 HOLD — „a high normal position for me” [high]

Yes, it is a high normal position for me. I like it a lot here..

• 2026-07-08 HOLD — „a decent sized position” [high]

Yes it is a decent sized position for me.

• 2026-07-23 ADD po 5 AUD — „a few more shares” [high]

In Australia, I picked up a few more shares of Temple & Webster (TPW AU) at 5.00 AUD per share .

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Zoetis (ZTS) , Temple & Webster (TPW), Adobe (ADBE)

• 2026-08-19 (data przybliżona) ADD — „fairly extensive” [medium]

Right now because of fairly extensive TPW buys the last couple days, I am on margin just a little bit.

• 2026-08-20 ADD [high]

I bought more TPW

• 2026-08-21 (data przybliżona) BUY po od $3 — „now a large position” [high]

Bought the pink sheets TPLWF listing of Temple & Webster in the low $3s the last few days.

• 2026-08-21 SIZE — „now a 9% position” [high]

The fourth being the aforementioned Temple & Webster , now a 9% position.

• 2026-09-09 HOLD — „largest positions” [high]

Temple & Webster (TPW AU, TPLWF) , Zoetis (ZTS)

• 2026-09-21 ADD — „a fairly large position for me at this point” [high]

I settle for buying more Temple & Webster (TPW AU, TPLWF) , which is a fairly large position for me at this point.

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: 5.2% portfela — pomiar podany przez MB (podana 2026-08-21)
• Cena wejścia: $35.75 — średnia nieważona z 2 transz, rozrzut $35.5–$36

Historia:

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-05-07 SIZE — „It is a 3.8% position at the moment” [high]

I do. It is a 3.8% position at the moment.

• 2026-06-15 HOLD — „a full position. Think 5-7%” [high]

The position sits around the size of my MELI and BIRK positions currently, which is a full position. Think 5-7%.

• 2026-08-14 HOLD — „a very small position” [high]

Included now and I have a very small position in BIRK.

• 2026-08-20 (data przybliżona) ADD — „a full one” [high]

I also started buying BBW and built up the BIRK position to a full one.

• 2026-08-21 (data przybliżona) ADD po od $35 — „a 5.2% position” [high]

I increased my small stake in Birkenstock (BIRK) to a 5.2% position as the stock fell to the $35s.

• 2026-08-26 ADD po od $35 — „This is a full position” [high]

I added to my position in Birkenstock (BIRK) here in the mid-$30s. This is a full position.

• 2026-09-09 HOLD — „largest positions” [high]

Birkenstock (BIRK), Adobe (ADBE)

• 2026-09-22 ADD — „All these positions are full positions for me now” [high]

I purchased more QXO (QXO), more Build-A-Bear (BBW) , more Sprouts (SFM) , more Birkenstock (BIRK) , and more Mercado-Libre .

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: 3% portfela — pomiar podany przez MB (podana 2026-08-28)
• Cena wejścia: $157.66 — średnia nieważona z 4 transz, rozrzut $152.5–$160.6
• Wyjścia: 2

Historia:

• 2026-04-13 BUY — „a slightly larger position” [high]

I bought a slightly larger position in VEEV.

• 2026-04-15 HOLD — „individually low-normal positions (4-6+%)” [high]

I continue to hold Fiserv, Adobe, Autodesk (ADSK) , and Veeva (VEEV) , all of which are individually low-normal positions (4-6+%) for me, but collectively a 20% position.

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-05-07 HOLD [high]

I continue to hold MSFT , FISV, PYPL, ADBE, VEEV, and MSCI in that software and payments space.

• 2026-06-03 (data niepewna) BUY po od $157 [low]

I own VEEV from the high $150s - it was in a trading post.

• 2026-06-03 HOLD [high]

I own VEEV from the high $150s - it was in a trading post. I still like it.

• 2026-06-08 HOLD — „a low normal position” [high]

I still like it I have a low normal position in it from the 150s.

• 2026-06-12 ADD po $159.05 — „All are full positions for me” [high]

I added to Veeva (VEEV) at $159.05.

• 2026-06-16 ADD po ~$160.6 — „This is becoming a full position” [high]

Bought more Veeva (VEEV) at about $160.60. This is becoming a full position.

• 2026-06-18 (data przybliżona) BUY po ~$152.5 — „All are full positions” [high]

Bought Veeva (VEEV) at about $152.50, down 64% since its October 2025 high.

• 2026-07-02 HOLD — „bullish full positions” [high]

I have already taken bullish full positions in ADVE, VEEV and MSFT.

• 2026-07-17 HOLD — „it is a good position size” [high]

Just holding on it is a good position size

• 2026-07-24 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-25 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Veeva (VEEV), Freddie Mac (FMCC) and Fannie Mae (FNMA)

• 2026-08-13 SIZE — „about 1 percentage point lower in size” [medium]

The next group down, about 1 percentage point lower in size, includes lululemon (LULU), Veeva (VEEV), Flutter (FLUT), Molina Healthcare (MOH), HCA Corp (HCA) and PayPal (PYPL)

• 2026-08-21 (data przybliżona) TRIM — „now a 4.8% position” [high]

I also shaved down Veeva (VEEV) , which is now a 4.8% position.

• 2026-08-28 SIZE — „roughly 3%” [high]

Veeva is now a smaller position at roughly 3%, and I am more or less playing with the house’s money on a position that I still do like.

• 2026-08-28 (data przybliżona) TRIM — „One of our most significant positions is no longer”, powód: valuation [high]

Veeva (VEEV) stock nearly doubled over the last few months. The current price is more expensive than the buy price by quite a bit. As well, there are other opportunities that create enough of a reason to sell, even at th

• 2026-09-09 HOLD — „largest positions” [high]

Veeva (VEEV), the Toxic twins (FNMA and FMCC)

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in smaller size” (2026-08-13)
• Cena wejścia: 21.5 HKD — średnia nieważona z 1 transz

Historia:

• 2026-05-06 (data przybliżona) BUY po od 21.4 HKD [high]

I started a new position in Haier Smart Home (6690 HK) in the HKD mid 21s.

• 2026-05-26 HOLD [high]

this does not affect the fundamental business thesis for any of my longs in Hong Kong, Tencent (700 HK) , Meituan (3690 HK) , Haidilao (6862) , and Haier Smart Home (6690 HK)

• 2026-08-13 HOLD — „in smaller size” [low]

Haier HOme (6862 HK) and Haidilao (6862 HK), all in smaller size.

• 2026-08-25 HOLD [low]

I remain long Meituan, JD, Haidilao, Haier, and Tencent.

• 2026-10-11 HOLD [high]

JD (9618 HK), Haidilao (6862 HK), Haier (6690 HK) and Tencent (700 HK) remain in the portfolio, as well as Meituan (3690 HK)

• Stan: otwarta
• Wielkość: 8% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-05-07 BUY po od $86 — „a full position” [high]

I sold those two smaller positions to purchase a full position in Zoetis (ZTS) in the $86s.

• 2026-05-09 HOLD [low]

Yes, this does not change my thesis,, and I specifically have been waiting for $88 or lower for a good long time.

• 2026-05-10 (data niepewna) ADD po $82 — „a little” [medium]

I bought at 86, added a little at 82, but waiting for 65-70 before I really load up.

• 2026-05-11 (data przybliżona) ADD [high]

Regarding MELI and ZTS. I added to each of those as they continued to fall dramatically.

• 2026-05-18 ADD po od $77 — „It is a low normal position for me.” [high]

Today I added to Zoetis (ZTS) in the low $77s. This is a fat pitch, but this will require patience, as it is still coming in hot. It is a low normal position for me.

• 2026-05-18 HOLD — „It is basically a full position” [high]

It is basically a full position. Low normal isn't absolutely correct.

• 2026-06-03 ADD po $76.1 — „small add to full position” [high]

BUY ZTS @ $76.10 small add to full position

• 2026-06-16 ADD po ~$78.7 — „This is a full position” [high]

Bought more Zoetis (ZTS) at about $78.70. This is a full position.

• 2026-06-18 (data przybliżona) BUY po ~$78.25 — „All are full positions” [high]

Bought Zoetis (ZTS) at about $78.25, down 62% from its September 2024 high.

• 2026-07-02 ADD po $74.8 [high]

I added to Zoetis (ZTS) at $74.80 .

• 2026-07-15 ADD po $74 [high]

Zoetis (ZTS) at $74

• 2026-07-30 ADD po ~$76 — „it is a full position” [high]

I added to Zoetis (ZTS ) around $76, and it is a full position.

• 2026-07-31 HOLD [medium]

But I am happy with this price. If it falls more I will buy more.

• 2026-08-06 HOLD [high]

I am not selling FISV or ZTS on these reports.

• 2026-08-07 ADD po $72.72 — „Zoetis is a large position” [high]

I added to Zoetis (ZTS) at $72.72 , which is falling on downgrades the day after earnings. Zoetis is a large position.

• 2026-08-10 ADD po od $70 [high]

Today I also added to my position in Zoetis (ZTS) here in the low $70s.

• 2026-08-12 ADD po $73.6 [high]

I also added to the Zoetis (ZTS) long position at $73.60.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Zoetis (ZTS) , Temple & Webster (TPW), Adobe (ADBE)

• 2026-08-13 SIZE — „top positions, all about the same size; from 5% to 8% in size” [high]

my top positions, all about the same size, are Zoetis (ZTS), Mercado Libre (MELI), JD.com (JD), and Adobe (ADBE)

• 2026-09-09 HOLD — „largest positions” [high]

Zoetis (ZTS), Sprouts (SFM)

• 2026-09-11 ADD po od $72 [high]

I also bought more Zoetis (ZTS) in the $72s, which I believe is very cheap for this company.

• 2026-09-21 ADD — „a little more” [high]

and with a little more Zoetis (ZTS) , which has always caught my admiration and is extremely out of favor.

• 2026-10-05 (data niepewna) BUY [medium]

I found their LEAP calls attractive, and decided to go out to 2028 and 2029 on these with fairly cheap calls as a replacement for my stock positions.

• 2026-10-05 (data niepewna) SELL — powód: rotation [medium]

I found their LEAP calls attractive, and decided to go out to 2028 and 2029 on these with fairly cheap calls as a replacement for my stock positions.

• 2026-10-11 HOLD [medium]

I also have 2029 LEAPs on Zoetis.

• Stan: otwarta
• Wielkość: 7% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $362 — średnia nieważona z 1 transz

Historia:

• 2026-06-08 (data przybliżona) BUY — „a low-normal position” [high]

I bought HCA today. ... I now have a low-normal position in HCA, and I may add some call LEAP exposure as well.

• 2026-07-15 ADD po $362 [high]

Today I added to four positions. HCA (HCA) at $362

• 2026-07-15 HOLD [high]

I have discussed HCA a bit, and I own HCA.

• 2026-07-24 HOLD [high]

More HCA - I continue to hold

• 2026-07-25 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-08-12 HOLD — „one of my largest positions” [medium]

It is. I did not list all my top positions.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

HCA Corp (HCA), Fiserv (FISV), Flutter (FLUT)

• 2026-08-13 SIZE — „about 1 percentage point lower in size” [medium]

The next group down, about 1 percentage point lower in size, includes lululemon (LULU), Veeva (VEEV), Flutter (FLUT), Molina Healthcare (MOH), HCA Corp (HCA) and PayPal (PYPL)

• 2026-09-09 HOLD — „largest positions” [high]

HCA, Fiserve (FISV)

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a mid-size position” (2026-09-21)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-21 BUY — „a mid-size position” [high]

I grab some Ero (ERO) , with operations entirely in Brazil. ... Ero common does it for me, a mid-size position.

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „newer position” (2026-09-28)
• Cena wejścia: $12.12 — średnia nieważona z 1 transz

Historia:

• 2026-09-21 BUY [medium]

I favor and therefore own the 5.5% preferred, now a 7.4% current cumulative yield, cash or stock, and mandatorily convertible.

• 2026-09-22 ADD — „All these positions are full positions for me now” [high]

I purchased more QXO (QXO), more Build-A-Bear (BBW) , more Sprouts (SFM) , more Birkenstock (BIRK) , and more Mercado-Libre .

• 2026-09-28 ADD po od $12 — „newer position” [high]

I also added to QXO common here in the low $12s . This is a newer position, which I discussed a bit in the last Trading post.

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-10-05 (data niepewna) BUY [high]

I swapped my LULU shares for Deckers Outdoor (DECK) shares as a proxy and as an investment I like in its own right.

• 2026-10-11 HOLD [high]

I continue to own Molina Health (MOH) , Temple & Webster (TPW AU, TPLWF) , Birkenstock (BIRK) , HCA , Deckers (DECK) , Veeva (VEEV) , Adobe (ADBE) , Ero Copper (ERO) , Fiserv, (FI) , and QXO mandatorily convertible prefe

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in decent size” (2026-10-05)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-10-05 (data niepewna) BUY — „in decent size” [high]

I also purchased BYD (BYDFF, 1211 HK) common stock in decent size here.

• 2026-10-11 (data przybliżona) ADD [medium]

I added to a new position I established recently in BYD (1211 HK, BYDDF) . I am happy to own it at these levels, for which I have been patient.

• Stan: otwarta
• Wielkość: 12% portfela — pomiar podany przez MB (podana 2026-08-21)
• Cena wejścia: $1 731.06 — średnia nieważona z 6 transz, rozrzut $1 549.5–$1 894.99

Historia:

• 2026-05-08 BUY po od $1 600 — „a new full position” [high]

And this morning I purchased a new full position in Mercado Libre MELI in the $1600s.

• 2026-05-11 (data przybliżona) ADD [high]

Regarding MELI and ZTS. I added to each of those as they continued to fall dramatically.

• 2026-05-18 ADD po od $1 500 — „It is a low normal position.” [high]

Today I added to Mercado Libre (MELI) in the mid-$1500s. It is a low normal position.

• 2026-06-15 HOLD — „a full position. Think 5-7%” [high]

The position sits around the size of my MELI and BIRK positions currently, which is a full position. Think 5-7%.

• 2026-06-18 (data przybliżona) BUY po ~$1 630 — „All are full positions” [high]

I bought Mercado Libre (MELI) at about $1,630.

• 2026-08-06 HOLD [high]

I am very comfortable continuing to hold Mercado Libre stock

• 2026-08-07 ADD po $1 812.39 — „topped off the position” [high]

I added to Mercado Libre (MELI) at $1812.39. The day after earnings, I topped off the position.

• 2026-08-12 ADD po $1 850 [high]

Today I added to the Mercado Libre (MELI) long position at $1850.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

you will know the full positions (5-10%) including Molina Healthcare (MOH) , Mercadolibre (MELI) , JD.COM (JD) , Zoetis (ZTS)

• 2026-08-13 SIZE — „top positions, all about the same size; from 5% to 8% in size” [high]

my top positions, all about the same size, are Zoetis (ZTS), Mercado Libre (MELI), JD.com (JD), and Adobe (ADBE)

• 2026-08-21 (data przybliżona) ADD po od $1 890 — „a 12% position” [high]

I added more Mercado Libre (MELI) in the $1890s, making it a 12% position.

• 2026-09-03 HOLD — „One of my largest positions” [high]

My price target is much higher on MercadoLibre, but I have a much longer time horizon. One of my largest positions.

• 2026-09-09 HOLD — „largest positions” [high]

Mercado Libre (MELI), Temple & Webster (TPW AU, TPLWF)

• 2026-09-22 ADD — „All these positions are full positions for me now” [high]

I purchased more QXO (QXO), more Build-A-Bear (BBW) , more Sprouts (SFM) , more Birkenstock (BIRK) , and more Mercado-Libre .

• Stan: otwarta
• Wielkość: ~4-7% portfela — szacunek z określenia „All these positions are full positions for me now”, 2026-09-22 (skala „full” z jego kalibracji)
• Cena wejścia: $37 — średnia nieważona z 1 transz

Historia:

• 2026-08-20 (data przybliżona) BUY [high]

I also started buying BBW and built up the BIRK position to a full one.

• 2026-08-21 (data przybliżona) BUY po od $35 — „new long full position” [high]

Too a new long full position in Build-a-Bear Workshop (BBW) in the mid-upper $30s.

• 2026-08-27 HOLD — „the position I took not long ago” [high]

I am awaiting the 10-Q before deciding whether to add. However, I continue to hold the position I took not long ago.

• 2026-09-09 HOLD — „largest positions” [high]

Build-A-Bear (BBW), Veeva (VEEV)

• 2026-09-22 ADD — „All these positions are full positions for me now” [high]

I purchased more QXO (QXO), more Build-A-Bear (BBW) , more Sprouts (SFM) , more Birkenstock (BIRK) , and more Mercado-Libre .

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a little” (2026-08-02)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-08-02 HOLD — „a little” [medium]

I am still long Alphabet and a little Amazon from the COVID bottom.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „I own one DOM LN” (2026-03-06)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-06 HOLD — „I own one DOM LN” [high]

I own one DOM LN. But I have owned more in the past, and I still believe it is a fertile ground.

• 2026-06-27 HOLD [high]

Right, btw i I own the London listing DOM LN

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „I do own a few shares, but not a real position” (2026-05-06)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-05-06 HOLD — „I do own a few shares, but not a real position” [medium]

I do own a few shares, but not a real position.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD [high]

Right behind it is FMCC, then LULU, REGN, and TM.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD [high]

Right behind it is FMCC, then LULU, REGN, and TM. TM I haven't added to since 2021.

• Stan: otwarta
• Wielkość: 1-3% portfela — pomiar podany przez MB (podana 2026-06-19)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 2

Historia:

• 2025-12-01 HOLD [medium]

No, NVDA puts and PLTR puts are not the full bearish position.

• 2026-01-05 HOLD [medium]

My play on PLTR is long-term in nature. I know social media erupted with how PLTR made this so easy for Trump and the military, but I stand by my position.

• 2026-02-03 HOLD [high]

I own puts on PLTR, NVDA, ORCL, and QQQ that I have disclosed. I still have those.

• 2026-02-19 (data niepewna) SHORT po ~$200 [low]

I had no problem shorting it directly in the euphoric rise at 200 or so.

• 2026-02-19 HOLD [high]

but I still have my puts, which I rolled into a higher strike late last year on one of PLTRs rallies.

• 2026-02-19 (data niepewna) COVER [medium]

I did get out of my short position, but I still have my puts

• 2026-02-23 BUY [high]

Today I rolled my June 26 P110 into June27 P50 at a substantial credit.

• 2026-02-23 HOLD — „two tranches of PLTR puts” [high]

I have two tranches of PLTR puts. ... But I remain bearish.

• 2026-02-23 SELL — powód: other [high]

Today I rolled my June 26 P110 into June27 P50 at a substantial credit.

• 2026-02-27 HOLD [high]

On days like today the QQQ, NVDA, PLTR puts are pretty potent, and they help.

• 2026-03-03 HOLD — „decent” [high]

I still have decent PLTR, NVDA, ORCL and QQQ puts.

• 2026-04-10 HOLD [high]

I now own the June 17, 2027 Strike Price 50 Puts and the December 18, 2026 Strike Price 100 Puts. I am not selling these today.

• 2026-04-16 HOLD [high]

I have puts on NVDA, PLTR, ORCL, and QQQ.

• 2026-04-24 ADD — „slightly larger position” [high]

I also rolled my ORCL, NVDA and PLTR puts, each at a small debit, keeping essentially the same strikes and duration. I now have a slightly larger position in each of those.

• 2026-04-30 HOLD — „still pressing on that position” [high]

I have a good profit in that trade, but I am still pressing on that position.

• 2026-05-04 SHORT po od $147 [high]

I opened an outright short on PLTR in the $147s ahead of earnings tonight.

• 2026-05-05 HOLD [high]

I continue to hold my short position, established yesterday.

• 2026-05-15 HOLD [medium]

My short thesis absolutely gives them the government business. Have at it!

• 2026-06-03 BUY [high]

SELL PLTR 03/19/2027 P65 & BUY PLTR 01/15/2027 P80 to grow number of puts & increase strike price @ net debit.

• 2026-06-03 BUY [high]

SELL PLTR 12/18/2026 P100 & BUY PLTR 06/17/2027 P90 to extend maturity at @ net debit.

• 2026-06-03 HOLD [high]

I continue to maintain a short position in both the common stock and put options of Palantir.

• 2026-06-03 SELL — powód: other [high]

SELL PLTR 03/19/2027 P65 & BUY PLTR 01/15/2027 P80 to grow number of puts & increase strike price @ net debit.

• 2026-06-03 SELL — powód: other [high]

SELL PLTR 12/18/2026 P100 & BUY PLTR 06/17/2027 P90 to extend maturity at @ net debit.

• 2026-06-19 HOLD [high]

I remain outright short PLTR and TSLA.

• 2026-06-19 SIZE — „smaller- think 1-3%” [high]

No short positions in stocks are smaller- think 1-3%.

• 2026-06-22 HOLD [high]

But I still do own Jan 27 and Jun 27 PLTR puts struck in the high double digits that have been printing.

• 2026-06-22 TRIM — „about 30% of my PLTR puts”, powód: profit [high]

My limit price was hit on a small portion - about 30% of my PLTR puts, which I had out for sale at a higher limit price. ... So have sold a minority of my PLTR puts.

• 2026-06-25 COVER po $107.15 — „half” [high]

I covered half of my Palantir (PLTR) short at $107.15.

• 2026-07-24 HOLD [high]

I remain short Palantir (PLTR) .

• 2026-08-04 HOLD — „the other half” [high]

I continue to hold the other half of my Palantir short (I had covered half in the $107s), but did not roll those puts due to the high prices.

• 2026-08-04 (data niepewna) SELL — powód: other [high]

I sold my January 2027 Palantir puts. I did not roll them.

• 2026-08-07 HOLD [high]

I sold my puts as they were too expensive, and I just short the stock now.

• 2026-08-07 (data niepewna) SELL — powód: valuation [medium]

I sold my puts as they were too expensive, and I just short the stock now.

• 2026-08-08 HOLD — „in smaller size since covered half” [high]

I am short the stock but in smaller size since covered half.

• 2026-08-10 BUY [high]

Today I bought Palantir (PLTR) March 2027 puts struck in the low and mid $100s.

• 2026-08-10 HOLD — „half my short in Palantir since covering half near $107” [high]

I have had half my short in Palantir since covering half near $107.

• 2026-08-11 ADD [high]

I also added to my Palantir (PLTR) March 2027 puts at strikes in the low $100s, and also added December 2026 puts at strikes in the low $100s.

• 2026-08-11 ADD [high]

I also added to my Palantir (PLTR) March 2027 puts at strikes in the low $100s, and also added December 2026 puts at strikes in the low $100s.

• 2026-08-11 SHORT po $175 [high]

I shorted more Palantir stock at $175.

• 2026-08-13 HOLD [high]

I spared the Nvidia (NVDA) and Palantir (PLTR) puts.

• 2026-08-21 (data przybliżona) SHORT [high]

I also shorted more iShares Semiconductor Index ETF (SOXX), and added to the Palantir (PLTR) short.

• 2026-08-21 HOLD [high]

all are 2027 expiries except for the portion of the Palantir puts that expire in December of this year

• 2026-08-26 (data przybliżona) SHORT — „a little more” [high]

This week, so far, I have shorted a little more Oracle (ORCL) , Palantir (PLTR) , Nebius (NBIS) , NVDA , and Caterpillar (CAT) .

• 2026-09-09 HOLD — „did not trim those” [high]

I continue to hold puts for 2027 on Palantir and QQQ, and I did not trim those

• 2026-09-09 SELL — „sold entirely”, powód: risk [high]

I sold entirely my December 2026 puts for both Nvidia (NVDA) and Palantir (PLTR).

• 2026-09-22 SHORT — „I did this in some size” [high]

I shorted more Micron (MU) , Nebius (NBIS) , iShares Semiconductor (SOXX), and Palantir (PLTR) . I did this in some size.

• 2026-09-28 BUY — „enlarged put position” [high]

I replaced and rolled the Palantir short and put position into an enlarged put position concentrated at the September 2027 expiry and at strikes in the low $100s.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 HOLD [high]

I continue to hold puts in Oracle (ORCL), Met Life (MET), Caterpillar (CAT) , and Palantir (PLTR) struck well out of the money and with some good long expiries -December 2027, January 2029, December 2027, and September 2

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in order of position size” (2026-09-09)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-01-31 HOLD [high]

I am curious how this plays out but liking my Oracle puts.

• 2026-02-02 HOLD [high]

As you know, I own puts on Oracle and Nvidia.

• 2026-02-03 HOLD [high]

I own puts on PLTR, NVDA, ORCL, and QQQ that I have disclosed. I still have those.

• 2026-02-23 BUY — „House money now” [high]

Today I rolled my ORCL June 140 puts into Dec 80 puts at a significant credit. House money now.

• 2026-02-23 SELL — powód: other [high]

Today I rolled my ORCL June 140 puts into Dec 80 puts at a significant credit.

• 2026-03-03 HOLD — „decent” [high]

I still have decent PLTR, NVDA, ORCL and QQQ puts.

• 2026-04-16 HOLD [high]

I have puts on NVDA, PLTR, ORCL, and QQQ.

• 2026-04-24 ADD — „slightly larger position” [high]

I also rolled my ORCL, NVDA and PLTR puts, each at a small debit, keeping essentially the same strikes and duration. I now have a slightly larger position in each of those.

• 2026-06-03 BUY [high]

SELL ORCL 12/18/2026 P85 & BUY ORCL 01/15/2027 P135 To increase strike @ net debit

• 2026-06-03 HOLD [high]

At present, I have puts only, but I may directly short the stock again soon.

• 2026-06-03 SELL — powód: other [high]

SELL ORCL 12/18/2026 P85 & BUY ORCL 01/15/2027 P135 To increase strike @ net debit

• 2026-07-17 TRIM — „sold half; This position became too big”, powód: risk [high]

I sold half of my ORCL Jan ’27 puts struck in the low-mid $100s. This position became too big, and I do not fall in love with options trades that go well. I maintained short exposure here by retaining half.

• 2026-08-04 (data niepewna) SELL — powód: profit, zapowiada powrót [high]

Finally, I closed a successful put position in Oracle,. These were the January 2027 low 100s strikes, and I decided not to roll them.

• 2026-08-06 SHORT po $144.63 [high]

First, I shorted two stocks today because my work just wouldn’t let me continue without doing so. I shorted Oracle (ORCL) at $144.63.

• 2026-08-11 SHORT po $145 [high]

I shorted more Oracle (ORCL) at $145.

• 2026-08-12 SHORT po $152 [high]

I sold short more Oracle (ORCL) at $152 and more Micron (MU) at $924.

• 2026-08-13 HOLD [high]

Oracle ’s puts remain very expensive, so I continue with the short of the shares.

• 2026-08-26 (data przybliżona) SHORT — „a little more” [high]

This week, so far, I have shorted a little more Oracle (ORCL) , Palantir (PLTR) , Nebius (NBIS) , NVDA , and Caterpillar (CAT) .

• 2026-09-09 HOLD — „in order of position size” [high]

I remain short in order of position size Oracle (ORCL), Palantir (PLTR), Nebius (NBIS), Nvidia (NVDA), the iShares Semiconductor ETF (SOXX), Micron (MU), Caterpillar (CAT), and Coreweave (CRWV).

• 2026-09-28 BUY [high]

I covered the Oracle short and replaced it with December 2027 expiry puts at strikes in the mid-double digits.

• 2026-09-28 COVER — powód: rotation [high]

I covered the Oracle short and replaced it with December 2027 expiry puts at strikes in the mid-double digits.

• 2026-10-11 HOLD [high]

I continue to hold puts in Oracle (ORCL), Met Life (MET), Caterpillar (CAT) , and Palantir (PLTR) struck well out of the money and with some good long expiries -December 2027, January 2029, December 2027, and September 2

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a little more” (2026-08-26)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 2

Historia:

• 2026-06-30 SHORT po $1 060.98 [high]

Today I shorted Caterpillar (CAT) at $1060.98.

• 2026-06-30 HOLD [high]

I am a bit shocked I am short CAT but this is just not anywhere near supported by the actual business.

• 2026-07-24 SHORT po $893.49 [high]

I sold short more Caterpillar (CAT) at $893.49.

• 2026-08-04 HOLD [high]

I continue to hold my short positions in the SOXX, MU, NVDA, CAT, PLTR, TSLA, and AMAT stocks.

• 2026-08-11 SHORT po $844 [high]

I shorted more Caterpillar (CAT) stock at $844.

• 2026-08-13 TRIM — „trimmed 25% of the short position”, powód: risk [high]

Caterpillar (CAT) , I trimmed 25% of the short position.

• 2026-08-26 (data przybliżona) SHORT — „a little more” [high]

This week, so far, I have shorted a little more Oracle (ORCL) , Palantir (PLTR) , Nebius (NBIS) , NVDA , and Caterpillar (CAT) .

• 2026-09-09 HOLD [high]

Caterpillar (CAT), and Coreweave (CRWV)

• 2026-09-28 BUY [high]

I replaced the Caterpillar short with Caterpillar puts at the December 2027 expiry and around the $400 strike price.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 HOLD [high]

I continue to hold puts in Oracle (ORCL), Met Life (MET), Caterpillar (CAT) , and Palantir (PLTR) struck well out of the money and with some good long expiries -December 2027, January 2029, December 2027, and September 2

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-28 BUY [high]

I initiated one new short, MetLife (MET) , with LEAP puts out several years struck in the $70s.

• 2026-10-05 (data niepewna) ADD [high]

On that theme, I bought more MetLife (MET) 2029 puts far out of the money .

• 2026-10-11 HOLD [high]

I continue to hold puts in Oracle (ORCL), Met Life (MET), Caterpillar (CAT) , and Palantir (PLTR) struck well out of the money and with some good long expiries -December 2027, January 2029, December 2027, and September 2

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „roughly 20% out of the money” (2026-10-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-28 BUY — „enlarged” [high]

I folded my QQQ put position into an enlarged and rolled Nasdaq 100 Index (NDX) put position . The September 2027 strikes are in the $24,000s.

• 2026-10-11 (data niepewna) BUY — „roughly 20% out of the money” [high]

Now I have rolled most of my options positions into two index short - puts on the NDX and puts on the Van Eck Semiconductor ETF (SMH) . ... My position today is set roughly 20% out of the money in the April 2027 expiry.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „almost my entire short position is expressed through SMH and NDX puts” (2026-10-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-10-11 (data niepewna) BUY — „almost my entire short position is expressed through SMH and NDX puts” [high]

The SMH puts expire in June 2027 and are also about 20% out of the money.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „take our initial cost and then some out of the VLO position, and leave the remaining” (2026-09-13)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2025-12-12 HOLD — „2nd largest” [high]

In order my largest positions in the US are GOOGL, VLO, KNOP, MO, and JPM.

• 2026-01-05 HOLD [high]

I have owned Valero since 2020, and I am more resolved to holding it even longer after this weekend.

• 2026-01-06 HOLD — „The Valero position is old” [high]

The Valero position is old. It has executed well and we got it at a very good price in 2020. I am not adding to it now.

• 2026-03-03 HOLD — „older positions” [high]

I also have older positions in GOOG, VLO, HAL and a few others.

• 2026-03-23 HOLD — „a large position” [high]

At the moment I still own VLO from 2020 so it is a large position, HAL and SLB in smaller size from last year.

• 2026-04-24 HOLD — „second biggest” [high]

Valero is second biggest because it just has done really well over the years and the thesis was never violated.

• 2026-06-14 HOLD — „one of my three largest positions” [high]

I have mentioned in different places that GOOG, VLO, WMT are my three largest positions because I bought them all at the COVID bottom in my personal portfolio. These positions have not been sold

• 2026-06-18 HOLD [high]

I am in that same situation with GOOG, VLO, WMT. None of which I would buy now, but I do not want to sell them at 40% off.

• 2026-07-24 HOLD — „one of my two biggest positions” [high]

Like Valero, the reason these are my two biggest positions is because they have done so well.

• 2026-08-13 HOLD — „legacy positions” [medium]

I have legacy positions above annd mixed n with these in Alphabet (GOOGL) Valero (VLO) , Altria (MO), and JP Morgan (JPM) .

• 2026-08-25 HOLD — „in size” [high]

I continue to own VLO in size though I have been thinking it would be a good time to gift it to our Donor-Advised Fund (DFA) for charity purposes.

• 2026-09-13 HOLD — „with the run up just a huge position for me” [high]

VLO is a great business and it is now with the the run up just a huge position for me. It is earmarked for our DAF for charity. I last bought during the COVID panic and oil dislocation.

• 2026-09-13 (data niepewna) TRIM — „take our initial cost and then some out of the VLO position, and leave the remaining”, powód: other [medium]

I made the decision to take our initial cost and then some out of the VLO position, and leave the remaining. The entire VLO position being taking out is going to our DAF for charity purposes.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „legacy positions” (2026-08-13)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2025-12-12 HOLD — „largest position; GOOGL is 60% bigger than VLO” [high]

In order my largest positions in the US are GOOGL, VLO, KNOP, MO, and JPM.

• 2026-02-03 HOLD [high]

Alphabet is a position for me from 2020, and I have not sold it.

• 2026-02-03 (data niepewna) TRIM — „cut the position in half”, powód: other [medium]

I did move to cut the position in half recently. But I am not a buyer here.

• 2026-03-03 HOLD — „older positions” [high]

I also have older positions in GOOG, VLO, HAL and a few others.

• 2026-04-24 SIZE — „it is my largest position” [high]

That said, Google is positioned well, and it is my largest position. I have not added to or sold that in years, and have no plans to do so.

• 2026-04-24 HOLD — „largest position” [high]

It is up about 5 times, it has just done well. The thesis has never been violated. ... these are old positions, not ones I am buying now

• 2026-06-03 HOLD — „my largest position” [high]

GOOG is my largest position, held since the COVID crash. I have not added to it in years. The valuation has never become so stretched that it makes sense to sell.

• 2026-06-14 HOLD — „one of my three largest positions” [high]

I have mentioned in different places that GOOG, VLO, WMT are my three largest positions because I bought them all at the COVID bottom in my personal portfolio. These positions have not been sold, but I am not buying them

• 2026-06-17 HOLD — „in good size” [high]

I still own GOOG in good size from those days.

• 2026-06-18 HOLD [high]

I am in that same situation with GOOG, VLO, WMT. None of which I would buy now, but I do not want to sell them at 40% off.

• 2026-07-24 HOLD — „one of my two biggest positions” [high]

TLDR I have not touched GOOG since purchased during the COVID sell-off. Like Valero, the reason these are my two biggest positions is because they have done so well.

• 2026-08-02 HOLD [medium]

I am still long Alphabet and a little Amazon from the COVID bottom.

• 2026-08-11 HOLD — „absolute largest position; has grown large” [medium]

It is a legacy position from the COVID selloff and has grown large but is not one I am buying now or since I launched CU.

• 2026-08-13 HOLD — „legacy positions” [medium]

I have legacy positions above annd mixed n with these in Alphabet (GOOGL) Valero (VLO) , Altria (MO), and JP Morgan (JPM) .

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „legacy positions” (2026-08-13)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD — „4th largest” [high]

In order my largest positions in the US are GOOGL, VLO, KNOP, MO, and JPM.

• 2026-08-13 HOLD — „legacy positions” [medium]

I have legacy positions above annd mixed n with these in Alphabet (GOOGL) Valero (VLO) , Altria (MO), and JP Morgan (JPM) .

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „legacy positions” (2026-08-13)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD — „5th largest” [high]

In order my largest positions in the US are GOOGL, VLO, KNOP, MO, and JPM.

• 2026-08-13 HOLD — „legacy positions” [medium]

I have legacy positions above annd mixed n with these in Alphabet (GOOGL) Valero (VLO) , Altria (MO), and JP Morgan (JPM) .

• Stan: otwarta
• Wielkość: ~15-20% portfela — szacunek z określenia „one of my three largest positions”, 2026-06-14 (skala „huge” z jego kalibracji)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-06 HOLD [high]

I own WMT from a very low price. I would sell it but I would have sold it several times by now and my wife will not let me sell it.

• 2026-06-14 HOLD — „one of my three largest positions” [high]

I have mentioned in different places that GOOG, VLO, WMT are my three largest positions because I bought them all at the COVID bottom in my personal portfolio. These positions have not been sold

• 2026-06-18 HOLD [high]

I am in that same situation with GOOG, VLO, WMT. None of which I would buy now, but I do not want to sell them at 40% off.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „They aren't my bigger positions, but together are decent” (2026-04-26)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-01-05 HOLD [high]

I own Halliburton, and may buy more shares or LEAPs.

• 2026-01-06 HOLD — „a more recent position from this summer” [high]

HAL is a more recent position from this summer.

• 2026-03-03 HOLD — „older positions” [high]

I also have older positions in GOOG, VLO, HAL and a few others.

• 2026-03-23 HOLD — „smaller size” [high]

At the moment I still own VLO from 2020 so it is a large position, HAL and SLB in smaller size from last year.

• 2026-04-26 HOLD — „They aren't my bigger positions, but together are decent” [high]

I still have some with HAL and SLB. Not selling those after a decent run. They aren’t my bigger positions, but together are decent.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „They aren't my bigger positions, but together are decent” (2026-04-26)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-23 HOLD — „smaller size” [high]

At the moment I still own VLO from 2020 so it is a large position, HAL and SLB in smaller size from last year.

• 2026-04-26 HOLD — „They aren't my bigger positions, but together are decent” [high]

I still have some with HAL and SLB. Not selling those after a decent run. They aren’t my bigger positions, but together are decent.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „3rd largest” (2025-12-12)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD — „3rd largest” [high]

In order my largest positions in the US are GOOGL, VLO, KNOP, MO, and JPM.

• Stan: otwarta
• Wielkość: 8-10% portfela — pomiar podany przez MB (podana 2026-10-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-10-11 (data przybliżona) BUY — „a very full position (think 8-10%) of my portfolio” [high]

I should mention as I moved into the preferred, I increased my position in the Twins. With the poor share performance, the size of the position clearly has suffered. That position now is a very full position (think 8-10%

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „I have a good position” (2026-09-15)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-15 HOLD — „I have a good position” [medium]

I am tempted to load up in HK but I have a good position, and I like the positions I have in the US and elsewhere.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „I have owned gold since 2005, and I am not buying now. I am not selling.” (2026-08-10)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-01-12 HOLD [high]

I have owned both for a very long time. I am not buying, not selling.

• 2026-08-09 HOLD — „owned since 2005” [high]

i am not selling gold, but i have owned since 2005 and do not ever plan on selling

• 2026-08-10 HOLD — „I have owned gold since 2005, and I am not buying now. I am not selling.” [high]

Yes, I have owned gold since 2005, and I am not buying now. I am not selling. It is a wealth hedge against the fiat currency regime.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-01-12 HOLD [high]

I have owned both for a very long time. I am not buying, not selling.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a decent short position” (2026-09-25)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-25 HOLD — „a decent short position” [medium]

I do not see it. But I have a decent short position.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-04-08 HOLD [medium]

I see my puts down 15-20% today. That's just the life of puts.

• 2026-06-05 HOLD [medium]

as I am not cashing in my puts today

• 2026-06-19 HOLD [high]

I have been holding on to my puts

• 2026-07-07 HOLD [medium]

Yes my puts held up pretty well as the vol rose so I grew the position with outright shorts.

• 2026-09-22 HOLD [high]

I continue to hold my puts.

• Stan: otwarta
• Wielkość: 5% portfela — pomiar podany przez MB (podana 2026-04-23)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-04-23 SIZE — „now about a 5% position for me in total” [high]

I added more puts, now about a 5% position for me in total, as I lean into bombed out software and payment stocks.

• 2026-06-01 HOLD [medium]

I keep puts to provide capital during market selloffs when stocks are very rich or extended.

• 2026-06-25 HOLD [medium]

I continue to hold puts.

• 2026-07-24 HOLD — „in good size” [medium]

I continue to hold puts in good size.

• 2026-09-21 HOLD [high]

Neither shorts covered nor puts sold.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „shorts are small positions” (2026-07-10)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-07-10 HOLD — „shorts are small positions” [medium]

And shorts are small positions.

• 2026-09-21 HOLD [high]

Neither shorts covered nor puts sold.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-09-02 HOLD [low]

The stock I hold in HK - that would not be a qualified dividend.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-08-13 HOLD [low]

I see I missed FISV, TPW and HK names too .

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a good size now” (2026-07-25)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-07-25 HOLD — „a good size now” [medium]

My short position is a good size now. I am pretty happy with it, and will see how this all develops.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „HK I diversify the basket a bit” (2026-07-10)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-07-10 HOLD — „HK I diversify the basket a bit” [medium]

HK I diversify the basket a bit.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-07-08 HOLD [medium]

No, and I will put that here when I do.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-06-29 HOLD [medium]

such a rally is the biggest risk to my puts positions in that event I would want calls that give me the best steep rally participation

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „They are big positions for me” (2026-06-25)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-06-25 HOLD — „They are big positions for me” [high]

They are big positions for me and I am not selling.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-06-12 HOLD [high]

I continue to hold other Hong Kong stocks as well.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-06-12 HOLD [medium]

BABA is smaller because I own a number of HK stocks.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „a significant leveraged short position” (2026-05-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-05-11 HOLD — „a significant leveraged short position” [medium]

I am holding a significant leveraged short position against a portfolio of companies I find depressed and cheap, as I did in 2000.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „adding a bit of risk in doing so” (2026-05-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-05-11 HOLD — „adding a bit of risk in doing so” [high]

I am rolling all my put positions and adding a bit of risk in doing so.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „significant leveraged short position” (2026-05-11)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-05-11 HOLD — „significant leveraged short position” [medium]

I am holding a significant leveraged short position against a portfolio of companies I find depressed and cheap, as I did in 2000.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „now a little above my normal maximum” (2026-05-04)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-05-04 HOLD — „now a little above my normal maximum” [medium]

Puts on the SOXX, QQQ, PLTR, NVDA, and ORCL are now a little above my normal maximum.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-04-17 HOLD [medium]

I continue to hold them but as I said yesterday I am not adding to them.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-04-08 HOLD [medium]

My overall put position including index puts today is down 13%. But again that is normal.

• Stan: otwarta
• Wielkość: nieznana liczbowo; MB pisze: „in decent size” (2026-03-23)
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-23 HOLD — „in decent size” [medium]

I remain invested in the stocks I have mentioned in decent size and I still have my long term puts.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-23 HOLD [high]

I remain invested in the stocks I have mentioned in decent size and I still have my long term puts.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2026-03-04 HOLD [medium]

I have been holding off the last few weeks so now I I am down about 20% in each of my HK names.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-18 HOLD [medium]

I continue to hold my positions here.

• Stan: otwarta
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze

Historia:

• 2025-12-12 HOLD [medium]

I also have the puts on the 3 stocks you've seen me hit here.

• Stan: zamknięta 2026-10-05
• Wielkość: 17% portfela — pomiar podany przez MB (podana 2026-09-03)
• Cena wejścia: $121.86 — średnia nieważona z 9 transz, rozrzut $112–$130.4
• Wyjścia: 2

Historia:

• 2025-11-26 HOLD [high]

You know I own and like LULU, MOH, FOUR.

• 2025-12-12 HOLD [high]

I still own the ones I've mentioned - MOH, FOUR, LULU, FNMA, FMCC.

• 2026-01-01 HOLD [high]

I have not sold, and I have no plans to sell anywhere near the current price.

• 2026-02-02 ADD — „a bit” [high]

Lululemon Athletica (LULU) has pulled back and I am adding to my position a bit.

• 2026-03-06 HOLD — „I have a full position here” [high]

I have a full position here as I like it at this price.

• 2026-03-12 HOLD — „I have a full position” [high]

I have a full position, but if it falls on earnings and the thesis is not violated I will buy more.

• 2026-03-18 HOLD — „full position” [high]

I am maintaining my full position in LULU, not adding or selling.

• 2026-03-23 HOLD [high]

I have not sold shares in LULU, JD, Meituan, MOH, GME, and others at any time this year.

• 2026-03-24 HOLD [medium]

LULU is an exception, and tariffs really hurt it, and the stock fell a lot be cause of it.

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-04-22 HOLD [high]

I continue to hold, and may add tomorrow.

• 2026-04-23 HOLD — „It remains a smaller size position for me” [high]

It remains a smaller size position for me, as I do think I can get it cheaper.

• 2026-05-04 ADD po $130.4 — „more than doubled my LULU position” [high]

I more than doubled my LULU position at $130.40.

• 2026-05-05 ADD po od $129 — „a bit” [high]

Finally, I added a bit to the LULU position in the $129s.

• 2026-05-18 ADD po ~$120 — „LULU is a normal/full position.” [high]

Today I added to lululemon (LULU) at about $120. LULU is a normal/full position.

• 2026-06-01 (data przybliżona) ADD [high]

I added to the position a few days ago, and am now sitting tight.

• 2026-06-03 ADD po $129.44 — „small add to full position” [high]

BUY LULU @ $129.44 small add to full position

• 2026-06-04 HOLD [high]

I added to the position a few days ago, and am now sitting tight. I do not expect anything in the earnings will make me sell.

• 2026-06-05 ADD po od $110 — „substantially increased my position”, powód: valuation [high]

Today, I substantially increased my position in LULU in the low-mid $110s on the post-earnings dip.

• 2026-06-12 HOLD — „LULU is the biggest” [high]

They all sit in the same range. LULU is the biggest. BABA is smaller because I own a number of HK stocks.

• 2026-06-18 (data przybliżona) BUY po ~$112 — „All are full positions” [high]

Bought lululemon athletica (LULU ) at about $112 down 79% from its peak in December 2023.

• 2026-06-25 SIZE — „one of my largest positions” [high]

It is one of my largest positions. I am very convicted in it here in the low 100s.

• 2026-07-23 HOLD — „My position is full” [high]

My position is full but yes.

• 2026-07-30 ADD po ~$118 — „it is a full position” [high]

I added to lululemon (LULU) around $118, and it is a full position.

• 2026-07-31 HOLD — „a good size position already” [medium]

It is a good size position already. I do not expect good news in the near term, but I understand and have seen this before.

• 2026-08-07 ADD po $127.45 [high]

I added to lululemon (LULU) at $127.45 .

• 2026-08-13 SIZE — „my largest position at almost 13%” [high]

Lululemon is my largest position at almost 13%.

• 2026-08-14 SIZE — „nearly a 13% position and the largest position” [high]

As mentioned, LULU is now nearly a 13% position and the largest position.

• 2026-08-21 (data przybliżona) ADD po od $115 — „a very large 17.4% position” [high]

I added to LULU in $115s. This is now a very large 17.4% position.

• 2026-08-26 HOLD — „I am not reducing my position ahead of earnings” [medium]

I am not reducing my position ahead of earnings

• 2026-09-03 SIZE — „my largest position at about 17%” [high]

The stock is very very cheap, my largest position at about 17%, but I am not looking for a run after-hours.

• 2026-09-03 HOLD — „my largest position” [high]

I continue to hold lululemon, and I will buy more of it if it trades under $100 tomorrow morning, as it is now after hours.

• 2026-09-09 HOLD — „largest positions” [high]

the largest positions being Lululemon (LULU), Molina Healthcare (MOH), Mercado Libre (MELI), Temple & Webster (TPW AU, TPLWF) , Zoetis (ZTS), Sprouts (SFM), JD.com (JD), Birkenstock (BIRK), Adobe (ADBE), HCA, Fiserve (FI

• 2026-09-09 TRIM — powód: risk [high]

It was trimmed mechanically along with everything else. I did this becuase I did not want to sell a lot or all of any of my positions.

• 2026-09-11 ADD — „piled the majority of it” [high]

I piled the majority of it into lululemon (LULU) here under $100.

• 2026-09-13 HOLD — „LULU has been my biggest position and now it is more so” [high]

I did not completely sell all or 50% of LULU. LULU has been my biggest position and now it is more so as I allocate capital to the most undervalued parts of the portfolio.

• 2026-10-03 HOLD [high]

Right now I still vey bullish on LULU. My IV15 took a hit, as has my portfolio, and I am a fan of tax loss realization, but I know better than to sell LULU here, even if to flip into NKE, and it is not close.

• 2026-10-05 (data niepewna) SELL — powód: tax_loss, zapowiada powrót [high]

I swapped my LULU shares for Deckers Outdoor (DECK) shares as a proxy and as an investment I like in its own right.

• Stan: zamknięta 2026-04-17
• Wielkość: nieznana
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2025-11-26 HOLD [high]

You know I own and like LULU, MOH, FOUR. I have an interesting way to play FOUR.

• 2025-12-12 HOLD [high]

I still own the ones I've mentioned - MOH, FOUR, LULU, FNMA, FMCC.

• 2025-12-22 HOLD [high]

I own FOUR and I would buy more in the low 50s

• 2026-01-12 HOLD [medium]

I have previously mentioned I hold Shift4 (FOUR), and I mentioned an interesting way to play it. Put simply, my position has been in the Mandatorily Convertible Preferred stock.

• 2026-04-17 (data niepewna) SELL [medium]

FOUR is not among my current holding.

• Stan: zamknięta 2026-09-28
• Wielkość: 5% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $6.31 — średnia nieważona z 5 transz, rozrzut $3.5–$7.75
• Wyjścia: 1

Historia:

• 2025-11-26 HOLD [high]

Also FNMA, but as a pink sheet stock, it was never disclosed. These are all 3-5 year holds minimum.

• 2025-12-12 HOLD [high]

I still own the ones I've mentioned - MOH, FOUR, LULU, FNMA, FMCC.

• 2026-01-05 (data niepewna) ADD po od $7.5 [medium]

I cannot make a specific recommendation, but I added to the position when FNMA fell to the 7.50-8 range.

• 2026-01-16 (data niepewna) BUY po od $3 [low]

I started buying FNMA in the 3s, and added when it came back to the 7-8 range.

• 2026-01-16 HOLD [high]

As I mentioned, I do own these two.

• 2026-01-18 HOLD — „I own them about equally and I have had them up to 7-8% of the portfolio including unrealized gain” [high]

My position size in Fannie and Freddie - I own them about equally and I have had them up to 7-8% of the portfolio including unrealized gain.

• 2026-02-02 HOLD [high]

Fannie Mae & Freddie Mac, my thesis has not changed.

• 2026-02-17 ADD po od $7 — „doubling my Fannie position” [high]

I am doubling my Fannie position here in the low 7s

• 2026-02-17 HOLD [medium]

The stocks have fallen quite a ways which is always stressful. Here I will update you on my positioning/trades, and we can address any new concerns that arise. At present, my thesis is unchanged.

• 2026-02-17 SIZE — „a 6.1% position” [high]

So at the moment I have a 6.1% position in FNMA, 8,5% in FMCC, and I do have an 8.3% position in SLM.

• 2026-02-23 (data przybliżona) ADD — „a good amount” [medium]

Oh I did buy, not a double down. I bought a good amount the other day when they were here.

• 2026-02-24 (data przybliżona) ADD [high]

Added to FNMA last week, started in ADBE and SFM.

• 2026-02-27 ADD [high]

I bought more FNMA today.

• 2026-02-27 HOLD [high]

FNMA and FMCC are very weak, clearly. A lot of momentum players got in I believe, and they are giving up as they fall. I continue to hold.

• 2026-02-28 HOLD [medium]

I do not have a price target at which to sell. I use my thesis to guide me in something like this, which I know to be extremely volatile. The fall on a potential push to 2027 was expected, and not a thesis violation.

• 2026-02-28 SIZE — „a little over 9.1%” [high]

increasing my position there to a little over 9.1%

• 2026-03-03 ADD [high]

I added to both Fannie and Freddie here. May add more.

• 2026-03-13 HOLD [medium]

I mean, I wrote up Fannie and Freddie even though it was at my hold price not the buy prices.

• 2026-03-18 ADD — „The position is about 16% (FNMA+FMCC combined, evenly split)” [high]

FNMA and FMCC I increased both position sizes significantly today, and the total exposure is pretty evenly split between them. The position is about 16%.

• 2026-03-19 BUY [high]

I bought Freddie yesterday, and I bought both today.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-04-24 ADD po $7.03 [high]

I purchased more FNMA at $7.03, and more FMCC at $6.24.

• 2026-07-02 ADD po $6.15 [high]

I added to Fannie Mae (FNMA) at $6.15 .

• 2026-07-12 HOLD — „my sizable position is both of them together” [medium]

But that is just me. And my sizable position is both of them together.

• 2026-08-07 HOLD [high]

There are scenarios where one does better than the other, so I own both.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Veeva (VEEV), Freddie Mac (FMCC) and Fannie Mae (FNMA)

• 2026-08-13 SIZE — „at about 5% positions each” [high]

Finally, at about 5% positions each, are Sprouts (SFM), Fannie Mae (FNMA), and Freddie Mac (FMCC)

• 2026-08-14 HOLD — „I have bought the Twins in this range” [medium]

I always started with the opening to Trust by Megadeth, and I have bought the Twins in this range.

• 2026-08-26 HOLD — „With Fannie Mae, a large position” [medium]

With Fannie Mae, a large position.

• 2026-09-09 HOLD — „largest positions” [high]

the Toxic twins (FNMA and FMCC), and Paypal (PYPL)

• 2026-09-15 HOLD [low]

Note I have written about Freddie & Fannie several times here on CU. I do not plan another write-up, and I continue to stand behind everythign I wrote in those existent posts.

• 2026-09-28 (data przybliżona) SELL — „sold all”, powód: tax_loss, zapowiada powrót [high]

Late yesterday I sold all my Fannie Mae and put it into Freddie Mac as a tax move. In 30 days I will likely do the same the other way to realize the losses in Fredddie Mac.

• Stan: zamknięta 2026-10-11
• Wielkość: 3.5-4% portfela — pomiar podany przez MB (podana 2026-08-26)
• Cena wejścia: $204.19 — średnia nieważona z 2 transz, rozrzut $198.09–$210.28
• Wyjścia: 2

Historia:

• 2025-12-01 HOLD [medium]

No, NVDA puts and PLTR puts are not the full bearish position.

• 2026-02-02 HOLD [high]

As you know, I own puts on Oracle and Nvidia.

• 2026-02-03 HOLD [high]

I own puts on PLTR, NVDA, ORCL, and QQQ that I have disclosed. I still have those.

• 2026-02-26 HOLD [high]

I am still in this short via puts

• 2026-02-27 (data przybliżona) ADD [high]

Midday yesterday I added to my NVDA 1/27 puts

• 2026-02-27 HOLD [high]

On days like today the QQQ, NVDA, PLTR puts are pretty potent, and they help.

• 2026-03-03 HOLD — „decent” [high]

I still have decent PLTR, NVDA, ORCL and QQQ puts.

• 2026-04-10 ADD po $3.3 [high]

So, I added to my NVDA puts, this time buying the January 27 Strike 115 Puts at 3.30.

• 2026-04-10 HOLD [high]

I also own NVDA January 27 Strike 100 Puts from earlier, and I continue to hold those.

• 2026-04-16 HOLD [high]

I have puts on NVDA, PLTR, ORCL, and QQQ.

• 2026-04-23 BUY [high]

January 2027 puts on NVDA struck at $115

• 2026-04-24 ADD — „slightly larger position” [high]

I also rolled my ORCL, NVDA and PLTR puts, each at a small debit, keeping essentially the same strikes and duration. I now have a slightly larger position in each of those.

• 2026-05-04 BUY po od $5 [high]

I also added a new strike and expiry with NVDA March 2027 Strike $125 Puts in the $5s.

• 2026-05-06 ADD — „a decent amount” [high]

I also added a decent amount to my Nvidia January 2027 Puts struck at $115 and March 2027 Puts struck at $125 .

• 2026-05-06 ADD — „a decent amount” [high]

I also added a decent amount to my Nvidia January 2027 Puts struck at $115 and March 2027 Puts struck at $125 .

• 2026-05-08 HOLD [medium]

Nvidia remains one of the cheaper ways to short the AI data center bubble because of the continued near-unanimous positive view of Wall Street. I continue to expect 1500 basis points of gross margin contraction and growt

• 2026-05-12 HOLD — powód: tax_loss [medium]

NVDA Strike $115 Puts from Jan 15, 2027 to March 19, 2027 at a 0.92 debit.

• 2026-05-14 HOLD [high]

I continue to hold my puts- I just rolled them.

• 2026-06-03 BUY [high]

SELL NVDA 01/15/2027 P105 & BUY NVDA 03/19/2027 P125 to increase strike @ net debit

• 2026-06-03 BUY [high]

SELL NVDA 03/19/2027 P115 & BUY NVDA 12/18/2026 P120 to grow number of puts

• 2026-06-03 HOLD [high]

I continue to hold Nvidia puts, as I expect the AI buildout to cave in on itself under compression

• 2026-06-03 SELL — powód: other [high]

SELL NVDA 01/15/2027 P105 & BUY NVDA 03/19/2027 P125 to increase strike @ net debit

• 2026-06-03 SELL — powód: other [high]

SELL NVDA 03/19/2027 P115 & BUY NVDA 12/18/2026 P120 to grow number of puts

• 2026-06-30 SHORT po $198.09 [high]

I also shorted Nvidia (NVDA) at $198.09.

• 2026-07-17 ADD — „I bumped the position up” [high]

I bought more Dec ’26 NVDA Puts struck in the low $100s for pocket change.

• 2026-07-24 SHORT po $210.28 [high]

I addded to my Nvidia (NVDA) short at $210.28 .

• 2026-07-28 HOLD [high]

I remain confident in the AMAT, SOX, NVDA MU shorts

• 2026-07-30 ADD [high]

I added to my Nvidia (NVDA) Dec 18, 2026 puts in the low $100s strike range.

• 2026-08-04 (data niepewna) HOLD — „a portion” [high]

I also rolled a portion of my NVDA December 2026 put position out to June of 2027. I stuck with low 100s strike prices.

• 2026-08-09 HOLD [high]

It is one reason I like my NVDA short.

• 2026-08-11 ADD [high]

I added to NVIDIA (NVDA) December 2026 and June 2027 puts at strikes in the low $100s.

• 2026-08-11 ADD [high]

I added to NVIDIA (NVDA) December 2026 and June 2027 puts at strikes in the low $100s.

• 2026-08-13 HOLD [high]

I spared the Nvidia (NVDA) and Palantir (PLTR) puts.

• 2026-08-21 HOLD [high]

Puts ... currently span Nvidia (NVDA), Palantir and the Invesco NASDAQ 100 ETF (QQQ) . These puts are far out of the money and all are 2027 expiries

• 2026-08-26 BUY — „Paid single digits” [high]

Today I bought December Nvidia (NVDA) Calls , strike set mid to high $200s, implied vol relatively low. Paid single digits. This is a hedge.

• 2026-08-26 (data przybliżona) SHORT — „a little more” [high]

This week, so far, I have shorted a little more Oracle (ORCL) , Palantir (PLTR) , Nebius (NBIS) , NVDA , and Caterpillar (CAT) .

• 2026-08-26 SIZE — „That position is 3.5-4% of my portfolios” [high]

I would not do this if I did not have such a large short and put position. That position is 3.5-4% of my portfolios.

• 2026-08-27 TRIM — „half my NVDA call position”, powód: profit [high]

I sold half my NVDA call position. This was established less than 24 hours ago as a hedge, and they did their job, up 50-60%.

• 2026-09-09 HOLD [high]

Nvidia (NVDA), the iShares Semiconductor ETF (SOXX)

• 2026-09-09 SELL — „sold entirely”, powód: risk [high]

I sold entirely my December 2026 puts for both Nvidia (NVDA) and Palantir (PLTR). Now that we are in September, I did this to avoid rapid time-based decay.

• 2026-09-28 BUY [high]

I replaced the Nvidia short with September 2027 puts at strikes in the mid $100s.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 SELL [high]

All other shorts were folded into SMH and NDX, and I recognized tax losses as I did so.

• Stan: zamknięta 2026-10-11
• Wielkość: 5% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $5.82 — średnia nieważona z 8 transz, rozrzut $4.95–$7.5
• Wyjścia: 1

Historia:

• 2025-12-12 HOLD — „Right behind it (MOH) is FMCC” [high]

I still own the ones I've mentioned - MOH, FOUR, LULU, FNMA, FMCC.

• 2026-01-16 HOLD [medium]

As I mentioned, I do own these two.

• 2026-01-18 (data niepewna) ADD po od $7 — „topped them off to about that size” [low]

I then topped them off to about that size last time it fell into the 7s.

• 2026-01-18 HOLD — „I own them about equally and I have had them up to 7-8% of the portfolio including unrealized gain” [high]

My position size in Fannie and Freddie - I own them about equally and I have had them up to 7-8% of the portfolio including unrealized gain.

• 2026-02-02 HOLD [high]

Fannie Mae & Freddie Mac, my thesis has not changed.

• 2026-02-17 HOLD [medium]

The stocks have fallen quite a ways which is always stressful. Here I will update you on my positioning/trades, and we can address any new concerns that arise. At present, my thesis is unchanged.

• 2026-02-17 SIZE — „8,5% in FMCC” [high]

So at the moment I have a 6.1% position in FNMA, 8,5% in FMCC, and I do have an 8.3% position in SLM.

• 2026-02-27 HOLD [high]

FNMA and FMCC are very weak, clearly. A lot of momentum players got in I believe, and they are giving up as they fall. I continue to hold.

• 2026-03-03 ADD [high]

I added to both Fannie and Freddie here. May add more.

• 2026-03-13 HOLD [medium]

I mean, I wrote up Fannie and Freddie even though it was at my hold price not the buy prices.

• 2026-03-17 ADD po $4.95 — „added significantly” [high]

That said I added to Freddie significantly today at 4.95.

• 2026-03-18 ADD po $4.95 — „significantly more shares” [high]

Today I bought significantly more shares in Freddie. I favored Fannie last buy, so I bought Freddie today. My price was 4.95, which I think is very far below the value of this company, as described in the Toxic Twins pos

• 2026-03-19 ADD [high]

I bought Freddie yesterday, and I bought both today.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-04-24 ADD po $6.24 [high]

I purchased more FNMA at $7.03, and more FMCC at $6.24.

• 2026-06-02 (data przybliżona) ADD po $6.22 — „small add to full position” [high]

Yesterday I added Freddie Mac (FMCC). BUY FMCC @ $6.22 small add to full position

• 2026-07-02 ADD po $5.69 [high]

I also added to Freddie Mac (FMCC) at $5.69.

• 2026-07-12 HOLD — „my sizable position is both of them together” [medium]

But that is just me. And my sizable position is both of them together.

• 2026-08-07 ADD po $5.43 [high]

I added to Freddie Mac (FMCC) at $5.43.

• 2026-08-07 HOLD [high]

There are scenarios where one does better than the other, so I own both.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Veeva (VEEV), Freddie Mac (FMCC) and Fannie Mae (FNMA)

• 2026-08-13 SIZE — „at about 5% positions each” [high]

Finally, at about 5% positions each, are Sprouts (SFM), Fannie Mae (FNMA), and Freddie Mac (FMCC)

• 2026-08-14 HOLD — „I have bought the Twins in this range” [medium]

I always started with the opening to Trust by Megadeth, and I have bought the Twins in this range.

• 2026-08-26 ADD po od $5.5 — „With Fannie Mae, a large position” [high]

I added do my position in Freddie Mac (FMCC) in the mid $5s. With Fannie Mae, a large position.

• 2026-09-09 HOLD — „largest positions” [high]

the Toxic twins (FNMA and FMCC), and Paypal (PYPL)

• 2026-09-15 HOLD [low]

Note I have written about Freddie & Fannie several times here on CU. I do not plan another write-up, and I continue to stand behind everythign I wrote in those existent posts.

• 2026-09-28 (data przybliżona) ADD — powód: tax_loss [high]

Late yesterday I sold all my Fannie Mae and put it into Freddie Mac as a tax move.

• 2026-10-11 (data przybliżona) SELL — powód: thesis_change [high]

I have purchased several series of preferred, and sold out of my Freddie and Fannie common stock.

• Stan: zamknięta 2026-03-26
• Wielkość: nieznana liczbowo; MB pisze: „These are not large positions” (2026-02-20)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-01-05 HOLD [high]

In Hong Kong, I own Kuaishou 1024 HK, JD 9618 HK, and Meituan 3690 HK, all generally with little risk of sanctions.

• 2026-02-16 HOLD [medium]

I continue to hold JD, Meituan and Kuaishou in HK.

• 2026-02-20 HOLD — „These are not large positions” [high]

I currently own JD (9618 HK), Meituan (3690 HK), and Kuaishou (1024 HK) These are not large positions

• 2026-02-26 HOLD [high]

I own them all here and think these are all great prices.

• 2026-03-26 (data niepewna) SELL — powód: rotation [medium]

This was before the trades thread but I had sold it to buy more Meituan and JD, and I think I mentioned that somewhere.

• Stan: zamknięta 2026-08-08
• Wielkość: 13% portfela — pomiar podany przez MB (podana 2026-03-30)
• Cena wejścia: $25.35 — średnia nieważona z 2 transz, rozrzut $25.14–$25.56
• Wyjścia: 2

Historia:

• 2026-01-26 SIZE — „a 6% position. Which is the normal size for me” [high]

It was in the article- a 6% position. Which is the normal size for me.

• 2026-02-19 HOLD — „I have my full position” [high]

I have my full position.

• 2026-03-03 HOLD [high]

Still in GME, i just leave it be.

• 2026-03-23 HOLD [high]

I have not sold shares in LULU, JD, Meituan, MOH, GME, and others at any time this year.

• 2026-03-24 HOLD [high]

If you look at my disclosed recent US portfolio- GME, SFM, ADBE, MOH, FNMA, FMCC- these are generally not affected by events in the Middle East or trade with China/tariffs.

• 2026-03-30 ADD [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-03-30 SIZE — „a 13% position for me” [high]

GME is now a 13% position for me.

• 2026-04-04 (data niepewna) ADD [high]

I bought more GME because I feel this is going to be a year that creates opportunity in the.sweet spot 2-12B range for Ryan.

• 2026-04-10 ADD — „an already decent-sized position” [high]

I bought shares of GameStop today, adding to an already decent-sized position.

• 2026-04-22 ADD po $25.56 [high]

I added to GME today at $25.56.

• 2026-04-23 ADD po $25.14 — „building the position up” [high]

Today I purchased more GME at 25.14. Again, building the position up due to recent cash moves.

• 2026-04-24 HOLD — „My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.” [high]

My largest positions at the moment are GME, JD, and MOH. Together they are well over 1/3 of my portfolio.

• 2026-05-03 HOLD [medium]

I am not selling on this news. I am not buying either. I am watching and waiting for more information.

• 2026-05-04 SELL — „entire GME position”, powód: thesis_change [high]

I sold my entire GME position. Any which way I sliced it, the Instant Berkshire thesis was never compatible with >5x Debt/EBITDA

• 2026-08-08 (data niepewna) SELL — powód: thesis_change [medium]

I stand by my sell reason- it violates my thesis because Ryan appears single-minded about eBay.

• Stan: zamknięta 2026-09-28
• Wielkość: 6% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $14.5 — średnia nieważona z 1 transz
• Wyjścia: 3

Historia:

• 2026-02-03 HOLD [high]

I own puts on PLTR, NVDA, ORCL, and QQQ that I have disclosed. I still have those.

• 2026-02-27 HOLD [high]

On days like today the QQQ, NVDA, PLTR puts are pretty potent, and they help.

• 2026-03-03 HOLD — „decent” [high]

I still have decent PLTR, NVDA, ORCL and QQQ puts.

• 2026-04-16 HOLD [high]

I have puts on NVDA, PLTR, ORCL, and QQQ.

• 2026-04-23 BUY [high]

I also bought January 2027 puts on the QQQ struck at $550

• 2026-04-23 BUY [high]

March 2027 puts on the QQQ struck at $525

• 2026-05-04 BUY po od $14 [high]

I added a new strike and expiry with some QQQ March 2027 Strike $525 Puts in the $14s.

• 2026-05-06 ADD [high]

I added to the QQQ January 2027 Puts struck at $550 .

• 2026-05-06 HOLD [high]

The indices I am short are QQQ and SOXX, but only through puts, and obviously in both cases I am using the ETFs not the indices themselves.

• 2026-05-12 HOLD — powód: tax_loss [medium]

Yesterday, I rolled puts for tax purposes. Which roll stands out? QQQ Strike 525 Puts from Mar 19, 2027 to March 31, 2027 at a 0.52 debit.

• 2026-05-27 ADD [high]

Earlier today I rolled my 2027 qqq and Sox puts at a debit, increasing my short exposure on both

• 2026-06-03 BUY [high]

SELL QQQ 12/31/2026 P500 & BUY QQQ 01/15/2027 P600 to capture loss and move up the strike price.

• 2026-06-03 HOLD [high]

Therefore, I am sticking with my QQQ puts.

• 2026-06-03 SELL — powód: tax_loss [high]

SELL QQQ 12/31/2026 P500 & BUY QQQ 01/15/2027 P600 to capture loss and move up the strike price.

• 2026-06-30 HOLD [high]

My high $500s QQQ January puts are perfect, and I did nothing with them.

• 2026-07-24 HOLD [high]

I remain short the Invesco QQQ Trust (QQQ) through puts.

• 2026-07-25 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-30 ADD [high]

I added to my QQQ Jan 15, 2027 puts in the high $500s strike range.

• 2026-08-04 (data niepewna) HOLD — „a set of QQQ puts” [high]

I rolled a set of QQQ puts at a small credit from January 2027 to February 2027. The strikes on both landed in the high 500s.

• 2026-08-10 HOLD — „significant short book” [high]

I am positioned for step function developments with my significant short book inclusive of QQQ and SOXX puts

• 2026-08-13 BUY — „a much larger position” [high]

I exchanged that position for a much larger position in Invesco QQQ Trust (QQQ) puts. ... I rolled my January 2027 QQQ puts struck in the mid-high $500s to a June 2027 position struck in the mid-high $600s.

• 2026-08-13 SIZE — „about 6%” [high]

The QQQ put position is now about 6%.

• 2026-08-13 SELL — powód: rotation [high]

I rolled my January 2027 QQQ puts struck in the mid-high $500s to a June 2027 position struck in the mid-high $600s.

• 2026-08-21 HOLD [high]

Puts ... currently span Nvidia (NVDA), Palantir and the Invesco NASDAQ 100 ETF (QQQ) . These puts are far out of the money and all are 2027 expiries

• 2026-09-09 HOLD — „did not trim those” [high]

I continue to hold puts for 2027 on Palantir and QQQ, and I did not trim those

• 2026-09-28 SELL — powód: rotation [medium]

I folded my QQQ put position into an enlarged and rolled Nasdaq 100 Index (NDX) put position .

• Stan: zamknięta 2026-03-03
• Wielkość: 8.3% portfela — pomiar podany przez MB (podana 2026-02-17)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 3

Historia:

• 2026-02-17 SIZE — „an 8.3% position” [high]

So at the moment I have a 6.1% position in FNMA, 8,5% in FMCC, and I do have an 8.3% position in SLM.

• 2026-02-20 SELL — powód: valuation, zapowiada powrót [high]

I am selling SLM. Ever since 2024 when I first started looking at it seriously on the funding thesis, I knew my real price was under 20, that I shouldn't pay 2x book for it, and it got away from that level. Now we are no

• 2026-02-27 (data niepewna) SELL — zapowiada powrót [medium]

Is this part of the thinking on selling your SLM shares?

• 2026-03-03 (data niepewna) SELL — zapowiada powrót [high]

I sold SLM and am now waiting for 15 there.

• Stan: zamknięta 2026-08-13
• Wielkość: 1-3% portfela — pomiar podany przez MB (podana 2026-06-19)
• Cena wejścia: $431.51 — średnia nieważona z 2 transz, rozrzut $416.22–$446.81
• Wyjścia: 1

Historia:

• 2026-03-03 HOLD — „my only outright short position” [high]

TSLA is my only outright short position now.

• 2026-04-16 (data niepewna) SHORT po $446.81 [low]

my Tesla short was put on at 446.81

• 2026-04-16 HOLD — „MY ONLY CURRENT OUTRIGHT SHORT” [high]

TESLA THREAD - MY ONLY CURRENT OUTRIGHT SHORT: PROVE ME WRONG

• 2026-04-17 HOLD [low]

Usually my bearish positions on stocks have little to do with the actual product.

• 2026-04-20 HOLD [high]

Tesla I am short outright from 446. I have not covered.

• 2026-04-24 HOLD [high]

Yes, I remain short Tesla stock.

• 2026-05-04 HOLD — „Outright shorts – PLTR and TSLA – are another few percent” [medium]

Outright shorts – PLTR and TSLA – are another few percent.

• 2026-05-05 HOLD — „my other outright short” [high]

Well my other outright short is Tesla…

• 2026-06-17 HOLD [high]

I am short Tesla, and if SpaceX is still here in 6 months, I'll certainly be short.

• 2026-06-19 HOLD [high]

I remain outright short PLTR and TSLA.

• 2026-06-19 SIZE — „smaller- think 1-3%” [high]

No short positions in stocks are smaller- think 1-3%.

• 2026-06-30 SHORT po $416.22 [high]

And finally I shorted Tesla (TSLA) at 416.22.

• 2026-07-23 HOLD [high]

I do not expect to cover my TSLA short today.

• 2026-07-24 HOLD — „It gets smaller all on its own” [high]

I have not covered my Tesla (TSLA) short. It gets smaller all on its own.

• 2026-08-04 HOLD [high]

I continue to hold my short positions in the SOXX, MU, NVDA, CAT, PLTR, TSLA, and AMAT stocks.

• 2026-08-13 COVER — powód: profit [high]

I covered the Tesla (TSLA) short after a decent gain, and covered the Applied Materials (AMAT) short as well.

• Stan: zamknięta 2026-08-15
• Wielkość: nieznana
• Cena wejścia: $284.5 — średnia nieważona z 1 transz
• Wyjścia: 2

Historia:

• 2026-03-30 BUY [high]

Today I bought more LULU, BIRK, FISV, MOH, JD, GME, and buying new BRKRP

• 2026-04-08 (data niepewna) BUY po od $280 [medium]

It ran way up and I did not think I would see it again near 250, but in 280s I started buying again. And it is now a good sized position for me.

• 2026-04-29 ADD [high]

For Today, I made one trade, buying more of the Bruker 6 3/8 Mandatorily Convertible Preferred Stock 09/011/28.

• 2026-06-16 TRIM po od $420 — powód: profit [high]

Sold part of my Bruker 6 3/8” 09/01/28 Preferred (BRKRP) position in the low $420s after a quick 50% run.

• 2026-08-15 (data niepewna) SELL — powód: profit [medium]

I sold my position in the Bruker preferred after a very steep run. This was in a trading post.

• Stan: zamknięta 2026-09-04
• Wielkość: 5% portfela — pomiar podany przez MB (podana 2026-06-17)
• Cena wejścia: średnia niepoliczalna — wejścia w różnych walutach
• Wyjścia: 3

Historia:

• 2026-04-10 BUY — „a new position” [high]

I bought shares in JD.com and Alibaba today. JD is a significant add, and Alibaba is a new position.

• 2026-04-24 HOLD [high]

I continue to own Alibaba, Haidilao, and Meituan in Hong Kong.

• 2026-05-09 HOLD [high]

Alibaba has been there and participated, I own Alibaba too.

• 2026-05-26 HOLD [high]

Neither should it affect the two I own through ADS in New York, Alibaba (BABA) and JD (JD) .

• 2026-06-12 ADD po $111.9 — „All are full positions for me” [high]

I added to Alibaba (BABA) at $111.90.

• 2026-06-12 HOLD — „BABA is smaller” [high]

BABA is smaller because I own a number of HK stocks.

• 2026-06-13 HOLD [medium]

I own both however.

• 2026-06-16 ADD po ~$109.5 — „This is a full position” [high]

Bought more Alibaba (BABA ADS) at about $109.50. This is a full position.

• 2026-06-17 HOLD — „a full position for you in Baba is 5% of the portfolio? About that” [medium]

About that, as there is correlation in business prospects across a few of the HK names I own.

• 2026-06-25 SELL — powód: tax_loss, zapowiada powrót [high]

Today I sold Alibaba (for tax loss) to buy more JD , and I expect I will buy more Meituan and Tencent as well.

• 2026-08-23 (data niepewna) SELL — „entire Alibaba position”, powód: rotation [medium]

I moved my entire Alibaba position into JD not too long ago. This greatly increased my JD position. I planned to move most of it back after a month or two. No longer.

• 2026-09-04 (data niepewna) SELL — powód: tax_loss, zapowiada powrót [medium]

Initially, I sold Alibaba to buy more JD in a probabilistic tax maneuver. Then they issued stock, and, though the wash sale threshold has long since passed, I have hesitated to buy it back.

• Stan: zamknięta 2026-05-07
• Wielkość: 4-6% portfela — pomiar podany przez MB (podana 2026-04-15)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-04-13 BUY — „a low normal position” [high]

Today I committed to a low normal position in each of ADBE and ADSK.

• 2026-04-15 HOLD — „individually low-normal positions (4-6+%)” [high]

I continue to hold Fiserv, Adobe, Autodesk (ADSK) , and Veeva (VEEV) , all of which are individually low-normal positions (4-6+%) for me, but collectively a 20% position.

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-05-07 SELL — „smallish positions”, powód: rotation [high]

Today I sold my positions in CRM and ADSK at small profits.

• Stan: zamknięta 2026-08-14
• Wielkość: 3% portfela — pomiar podany przez MB (podana 2026-04-16)
• Cena wejścia: $564.38 — średnia nieważona z 1 transz
• Wyjścia: 1

Historia:

• 2026-04-16 BUY po $564.38 — „~3% Portfolio Position” [high]

Bought a ~3% MSCI Portfolio Position at average $564.38

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-04-23 ADD [high]

I added to MSCI, PYPL and ADBE, and I purchased MSFT as a new position.

• 2026-05-07 HOLD [high]

I continue to hold MSFT , FISV, PYPL, ADBE, VEEV, and MSCI in that software and payments space.

• 2026-08-14 (data niepewna) SELL [medium]

MSCI I do not own anymore. I believe I mentioned I sold in a post some months ago.

• Stan: zamknięta 2026-05-07
• Wielkość: 3% portfela — pomiar podany przez MB (podana 2026-04-16)
• Cena wejścia: $178.89 — średnia nieważona z 1 transz
• Wyjścia: 1

Historia:

• 2026-04-16 BUY po $178.89 — „~3% Portfolio Position” [high]

Bought a ~3% CRM Portfolio Position at average $178.89

• 2026-04-22 HOLD [high]

continue to hold the payments/software stocks PYPL , FISV , ADBE , MSCI , CRM, ADSK and VEEV

• 2026-05-07 SELL — „smallish positions”, powód: rotation [high]

Today I sold my positions in CRM and ADSK at small profits.

• Stan: zamknięta 2026-08-04
• Wielkość: ~4-7% portfela — szacunek z określenia „bullish full positions”, 2026-07-02 (skala „full” z jego kalibracji)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 2

Historia:

• 2026-04-23 BUY — „a new position” [high]

I added to MSCI, PYPL and ADBE, and I purchased MSFT as a new position.

• 2026-04-24 HOLD [high]

Yes, accounting for SBC, I am comfortable owning it here.

• 2026-05-07 HOLD [high]

I continue to hold MSFT , FISV, PYPL, ADBE, VEEV, and MSCI in that software and payments space.

• 2026-06-01 HOLD [high]

I am not selling MSFT now.

• 2026-06-05 SELL — „my position”, powód: rotation, zapowiada powrót [high]

and I sold my position in Microsoft (MSFT) to make room as I am not cashing in my puts today

• 2026-06-25 BUY [high]

Also, I bought Microsoft Dec 15, 2028 LEAP Calls in the low $700s strike price range.

• 2026-06-29 HOLD [medium]

The calls I selected in this case had characteristics that would result in outperformance vs others if we get a rally again much like we had earlier this year- straight up to new highs. I am not necessarily expecting thi

• 2026-07-02 HOLD — „bullish full positions” [high]

I have already taken bullish full positions in ADVE, VEEV and MSFT.

• 2026-08-04 (data niepewna) SELL — powód: thesis_change [high]

I sold my MSFT call position completely.

• Stan: zamknięta 2026-10-11
• Wielkość: 7% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $551.73 — średnia nieważona z 5 transz, rozrzut $506–$642.8
• Wyjścia: 2

Historia:

• 2026-04-23 BUY — „a new position” [high]

January 2027 puts on the SOXX semiconductor index struck at $330 , a new position

• 2026-04-24 BUY — „a decent number” [high]

I purchased a decent number of SOXX January 2027 puts struck at $330. This is a new position for me.

• 2026-05-04 ADD po od $14 [high]

I added to my SOXX January 2027 Strike 330 Puts in the $14s.

• 2026-05-05 ADD po od $13 [high]

I added to the SOXX January 2027 $330 strike puts in the $13s.

• 2026-05-06 ADD po od $12 — „I continue to scale into my SOXX short” [high]

I continue to scale into my SOXX short. Today I added more SOXX January 2027 Puts struck at $330. The price was in the low $12s.

• 2026-05-06 HOLD [high]

The indices I am short are QQQ and SOXX, but only through puts, and obviously in both cases I am using the ETFs not the indices themselves.

• 2026-05-12 HOLD — powód: tax_loss [medium]

SOXX Strike $330 Puts from Jan 15, 2027 to March 19, 2027 $6.49 debit.

• 2026-05-27 ADD [medium]

Earlier today I rolled my 2027 qqq and Sox puts at a debit, increasing my short exposure on both

• 2026-06-03 HOLD — „large SOXX put position” [high]

I continue to hold a large SOXX put position with strikes in the low-mid 300s and expiries in early 2027 .

• 2026-06-28 HOLD — „my largest put position now” [high]

Yes, my largest put position now is SOXX

• 2026-06-30 BUY [high]

Today, I rolled the SOXX Puts from Jan 2027 to March 2027, and moved from the low-mid $300s strikes to the low-mid $400s strikes . In doing so I gained duration (tenor) at relatively cheap vol (price).

• 2026-06-30 SHORT po $642.8 [high]

I shorted SOXX at $642.80.

• 2026-06-30 SELL — powód: other [high]

Today, I rolled the SOXX Puts from Jan 2027 to March 2027, and moved from the low-mid $300s strikes to the low-mid $400s strikes .

• 2026-07-07 HOLD [high]

It has a ways to go. I may play around with the mix of shorts and puts but I am holding tight today.

• 2026-07-16 HOLD — „a large SOXX puts position - it has gotten big” [high]

I do I have a large SOXX puts position - it has gotten big

• 2026-07-24 SHORT po $535.83 — „Together with my puts this is a large position” [high]

I added to my iShares Semiconductor ETF (SOXX) short at $535.83 . Together with my puts this is a large position.

• 2026-07-24 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-25 HOLD — „best performing positions for me” [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-28 HOLD [low]

I remain confident in the AMAT, SOX, NVDA MU shorts

• 2026-07-30 SHORT po ~$506 [high]

I shorted more SOXX at ~$506.

• 2026-08-04 HOLD [high]

I continue to maintain my SOXX put position and short position in the equity.

• 2026-08-07 ADD [high]

I also added to my March 2027 SOXX puts struck in the low $400s .

• 2026-08-07 SHORT po $541 [high]

And I shorted more SOXX at $541 . The Semiconductor Index bounced hard off recent lows, providing an attractive entry point.

• 2026-08-07 HOLD [medium]

I continue to maintain my SOXX put position and short position in the equity.

• 2026-08-10 HOLD — „significant short book” [high]

I am positioned for step function developments with my significant short book inclusive of QQQ and SOXX puts

• 2026-08-11 SHORT po $533 [high]

I shorted more iShares Semiconductor ETF (SOXX) at $533.

• 2026-08-11 HOLD — „50/50 puts and short” [medium]

50/50 puts and short. The short is about 2/3 the size of a full stock position.

• 2026-08-12 ADD [medium]

I added to my iShares Semiconductor ETF (SOXX) March 2027 puts struck in the low $400s.

• 2026-08-12 SIZE — „about 6% total soxx puts and short” [high]

it is now about 6% total soxx puts and short.

• 2026-08-13 SIZE — „the largest, at about 7% of the portfolio” [high]

I left the SOXX short as the largest, at about 7% of the portfolio

• 2026-08-13 SELL — powód: risk [high]

As part of that effort, I sold my now losing position in iShares Semiconductor ETF (SOXX) put options entirely.

• 2026-08-21 (data przybliżona) SHORT [high]

I also shorted more iShares Semiconductor Index ETF (SOXX), and added to the Palantir (PLTR) short.

• 2026-09-09 HOLD [high]

the iShares Semiconductor ETF (SOXX), Micron (MU)

• 2026-09-22 SHORT — „I did this in some size” [high]

I shorted more Micron (MU) , Nebius (NBIS) , iShares Semiconductor (SOXX), and Palantir (PLTR) . I did this in some size.

• 2026-09-28 BUY [high]

I replaced the iShares Semiconductor ETF shor t with September 2027 puts struck in the low $400s.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 SELL [high]

All other shorts were folded into SMH and NDX, and I recognized tax losses as I did so.

• Stan: zamknięta 2026-08-13
• Wielkość: nieznana
• Cena wejścia: $729.4 — średnia nieważona z 1 transz
• Wyjścia: 1

Historia:

• 2026-06-30 SHORT po $729.4 [high]

I shorted Applied Material (AMAT) at $729.40.

• 2026-07-28 HOLD [high]

I remain confident in the AMAT, SOX, NVDA MU shorts

• 2026-08-04 HOLD [high]

I continue to hold my short positions in the SOXX, MU, NVDA, CAT, PLTR, TSLA, and AMAT stocks.

• 2026-08-06 (data przybliżona) SHORT [medium]

No I have not covered the AMAT short and I added to it the other day.

• 2026-08-08 HOLD [high]

No I have not covered the AMAT short and I added to it the other day.

• 2026-08-13 COVER — powód: profit [high]

covered the Applied Materials (AMAT) short as well

• Stan: zamknięta 2026-10-11
• Wielkość: nieznana liczbowo; MB pisze: „I did this in some size” (2026-09-22)
• Cena wejścia: $947.43 — średnia nieważona z 4 transz, rozrzut $880–$1 051.87
• Wyjścia: 2

Historia:

• 2026-07-01 (data przybliżona) SHORT po $1 051.87 [high]

I shorted Micron (MU) at $1,051.87 yesterday.

• 2026-07-05 HOLD — „My short is bigger than Trump's long in this one” [medium]

My short is bigger than Trump's long in this one, it seems.

• 2026-07-24 SHORT po $933.86 [high]

I sold short more Micron (MU) at $933.86 .

• 2026-07-24 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-25 HOLD [high]

Regarding sizing, today the best performing positions for me are SOXX puts, then HCA, then ADBE, then QQQ Puts, then VEEV, then the MU short position.

• 2026-07-28 HOLD [high]

I remain confident in the AMAT, SOX, NVDA MU shorts

• 2026-07-29 HOLD [medium]

I have not covered short or sold puts yet. No trades so far today.

• 2026-07-30 SHORT po ~$880 [high]

I shorted more Micron (MU) at ~$880.

• 2026-08-04 HOLD [high]

I continue to hold my short positions in the SOXX, MU, NVDA, CAT, PLTR, TSLA, and AMAT stocks.

• 2026-08-12 SHORT po $924 [high]

I sold short more Oracle (ORCL) at $152 and more Micron (MU) at $924.

• 2026-08-21 (data przybliżona) SHORT [high]

I have increased the size of the Micron (MU) short

• 2026-09-09 HOLD [high]

Micron (MU), Caterpillar (CAT)

• 2026-09-22 SHORT — „I did this in some size” [high]

I shorted more Micron (MU) , Nebius (NBIS) , iShares Semiconductor (SOXX), and Palantir (PLTR) . I did this in some size.

• 2026-09-28 BUY [medium]

I replaced the Micron short with Micron puts at the June expiry and at $500 strike price range.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 SELL [high]

All other shorts were folded into SMH and NDX, and I recognized tax losses as I did so.

• Stan: zamknięta 2026-09-13
• Wielkość: 7% portfela — pomiar podany przez MB (podana 2026-08-13)
• Cena wejścia: $103.86 — średnia nieważona z 2 transz, rozrzut $100.72–$107
• Wyjścia: 2

Historia:

• 2026-07-08 BUY po ~$107 — „These two positions are together a full position, roughly 60/40 Flutter/DraftKings” [high]

So today I purchased two new positions, and added to one. I bought Flutter Entertainment (FLUT) at ~$107.

• 2026-07-24 BUY po $100.72 — „a decent amount” [high]

I bought a decent amount of Flutter (FLUT) at $100.72.

• 2026-07-30 HOLD — „it is with Flutter (FLUT) a larger position” [medium]

I added to DraftKings (DKNG) around $23.40, and it is with Flutter (FLUT) a larger position.

• 2026-08-05 ADD [high]

Thesis on FLUT is not violated, and I am adding to that this morning.

• 2026-08-06 HOLD — „The next cohort down from there is large” [high]

The next cohort down from there is large and includes now ZTS, FLUT, FISV among others.

• 2026-08-13 HOLD — „full positions (5-10%)” [high]

Fiserv (FISV), Flutter (FLUT), Veeva (VEEV)

• 2026-08-13 SIZE — „about 1 percentage point lower in size” [medium]

The next group down, about 1 percentage point lower in size, includes lululemon (LULU), Veeva (VEEV), Flutter (FLUT), Molina Healthcare (MOH), HCA Corp (HCA) and PayPal (PYPL)

• 2026-09-09 HOLD — „largest positions” [high]

Flutter (FLUT), Build-A-Bear (BBW)

• 2026-09-11 SELL — „in its entirety”, powód: valuation [high]

Today I sold Flutter (FLUT) in its entirety because it is not as attractive at this price relative to the valuations to which some other stocks have fallen.

• 2026-09-13 (data niepewna) SELL — powód: valuation [medium]

The sell of FLUT is the result of an evaluation next to the other oppportunities in the fund, and the degree of undervaluation in my estimation.

• Stan: zamknięta 2026-08-05
• Wielkość: ~9-10% portfela — szacunek z określenia „it is with Flutter (FLUT) a larger position”, 2026-07-30 (skala „large” z jego kalibracji)
• Cena wejścia: $24.55 — średnia nieważona z 4 transz, rozrzut $23.07–$26.25
• Wyjścia: 1

Historia:

• 2026-07-08 BUY po od $26 — „These two positions are together a full position, roughly 60/40 Flutter/DraftKings” [high]

I bought DraftKings Class A (DKNG) in the low $26s .

• 2026-07-17 ADD po od $25 [high]

I added to the DraftKings (DKNG) position in the $25s. No change in the basic thesis.

• 2026-07-24 BUY po $23.07 [high]

I also bought DraftKings (DKNG) at $23.07 .

• 2026-07-30 ADD po ~$23.4 — „it is with Flutter (FLUT) a larger position” [high]

I added to DraftKings (DKNG) around $23.40, and it is with Flutter (FLUT) a larger position.

• 2026-08-05 SELL — powód: rotation [high]

Today, I sold my DKNG to buy more Flutter.

• Stan: zamknięta 2026-10-11
• Wielkość: nieznana liczbowo; MB pisze: „far out of the money” (2026-09-28)
• Cena wejścia: $229.38 — średnia nieważona z 2 transz, rozrzut $211.77–$247
• Wyjścia: 2

Historia:

• 2026-08-06 SHORT po $211.77 — „in somewhat larger size” [high]

And I shorted Nebius (NBIS) , in somewhat larger size, at $211.77 .

• 2026-08-12 SHORT po $247 [high]

I sold short more Nebius (NBIS) at $247. Nebius is what the top of a boom looks like.

• 2026-08-13 HOLD [high]

followed by Micron and then Nebius (NBIS) , Nvidia (NVDA) , Oracle (ORCL) , and Palantir (PLTR) .

• 2026-08-26 (data przybliżona) SHORT — „a little more” [high]

This week, so far, I have shorted a little more Oracle (ORCL) , Palantir (PLTR) , Nebius (NBIS) , NVDA , and Caterpillar (CAT) .

• 2026-09-09 HOLD [high]

Nebius (NBIS), Nvidia (NVDA)

• 2026-09-22 SHORT — „I did this in some size” [high]

I shorted more Micron (MU) , Nebius (NBIS) , iShares Semiconductor (SOXX), and Palantir (PLTR) . I did this in some size.

• 2026-09-28 BUY [medium]

I replaced the Nebius short with Nebius puts at the June expiry in the double digit strike price range.

• 2026-09-28 (data przybliżona) BUY — „far out of the money” [high]

NBIS I closed the short and bought the puts, far out of the money.

• 2026-09-28 COVER — powód: rotation [high]

I covered all my short common stock positions - Micron (MU) , Nebius (NBIS) , Caterpillar (CAT) , iShares Semiconductor ETF (SOXX) , Coreweave (CRWV), Nvidia (NVDA) , and Palantir (PLTR) .

• 2026-10-11 SELL [high]

All other shorts were folded into SMH and NDX, and I recognized tax losses as I did so.

• Stan: zamknięta 2026-09-28
• Wielkość: nieznana liczbowo; MB pisze: „It is not a large short.” (2026-09-13)
• Cena wejścia: brak cen wejścia w księdze
• Wyjścia: 1

Historia:

• 2026-08-21 (data przybliżona) SHORT [high]

I added a short in Coreweave (CRWV) earlier this week

• 2026-09-09 HOLD [high]

and Coreweave (CRWV)

• 2026-09-13 HOLD — „It is not a large short.” [high]

I am short some CRWV with careful mental stops. It had some meme characteristics, as well as being a big player in circular financing, so I know it can be propped up by the richest company in AI. It is not a large short.

• 2026-09-22 HOLD [high]

I am short CRWV, did not add today.

• 2026-09-28 COVER — powód: rotation [high]

I covered the CoreWeave short but as yet have been able to acquire puts at an attracive price.