Lex Investor

w.taf.

Nothing particularly insightful. It‘s in my folder of seven interesting healthcare names. I went for the biggest potential upside (at the time) but as we know, it’s a moving target.

Rode it up first half of the year—dumped when it got more expensive—now back in. Reestablishing my basket approach for this sector.

crazy instrument.

thank you.

interesting one…
Do you own shares?

Mid single digit holdings in two other accts ($UNH $CNC).

I’m watching closely—& have no prob buying back in my “Active Acct” at single digit holding size.

76% cash
long $BTI $IBKR
new $PM $IMB.L $CSU.TO $EMLC $DECK $NVO

What’s your preferred cash-equivalent (money market, stable, etc) outside of VMRXX? This is my IBKR pro acct.

I appreciate it.

Excellent, Umit.

A question that reminds that EMLC (VanEck JP Morgan EM Local Currency Bond ETF) has had a YTD total return just shy of IVV with considerably less volatility.

Monthly distributions will also have afforded agility with a high coupon against an effective duration of 5.19 yrs.

Not investment advice.

Law enforcement showing some ID—there’s a f concept.

Japan.

What’s your exposure currently, if any? Interest level? Thoughts?

(h/t topdowncharts)

Is this what you help manage?

What’s your favorite actively managed bond fund?

(world/emerging/developed, doesn’t matter)

@usdhuga.bsky.social

In general, anytime a CEO talks about stock price at all—get as far away as possible.

Breakingviews - The best dollar debasement trade is to do nothing Persistent budget deficits have fuelled fears the US will monetise public debt of 114% of GDP. A simple hedge is to switch to currencies of less profligate nations. Yet factor in private borrowing and fiscal saints are financial sinners. Investors are better off with Uncle Sam.

From Breakingviews - Breakingviews - The best dollar debasement trade is to do nothing reut.rs/3LeVgXE

I honestly think they’re bots—not entirely sure.

…but I did very well with them already w/ asinine concentration, so I stuffed my cash in the bag & walked out.

I’ll see what I see—& keeping my mind open.

3/3

Not liking anything I see—breadth/concentration, market pricing, layoffs, consumer prices—all of it. These macro considerations interfered w/ my intention to hold CNC & UNH for longer…

2/3

Active Portfolio Update:

Performance: +53% since Apr. 3 (inception).

I sold off to 93% cash this morning, keeping my BTI & tracker position in IBKR…

1 of 3

Then they don’t know anything.

Has anyone else been inundated by new followers—for no reason. I’ve been relatively quiet around here lately.

I think f Barchart blocked me for my response to that same post.

taxable brokerage: “active portfolio”
~ added to $CNC again today
~ currently 15% position
~ 55.4% return (6.5 mo., inception)

Earnings for two large healthcare positions coming up in two weeks. No specific expectations—too many variables. Focusing further down the line—& just holding.

Really nothing to report lately. My returns are higher—I’m holding, & adding as cash is available. Boring is fine.

Lucky timing on my added shares yesterday. $CNC

Still own all of my $UNH shares—although some of their shady actions (sales as operating income) is sus as f.—& on my mind. I can’t be a purist if I want to make money.

Wondering when the fraud review results will be completed.

Wins “misleading title” of the year, imho.

The only winners will be the big banks.
www.bloomberg.com/opinion/arti...

“Risk appetite is definitely out on what I'd say is the more exuberant end of the spectrum,” ~ Goldman CEO
☠️
2/2