Prem is up to 21.8% sedar.com and RFP by far is still my largest holding really like this name here just seems too cheap. Like the fact they are buying back shares and not only Prem is a buyer a host of other money managers and insiders are on board. I also still have this dream of people flauking back to paper in the future do to wireless devices health risks. I feel like the only one in the world that is scared to use anything wireless. I am crazy! This investment does not need my vision to play out to be a rewarding investment it is just to cheap here.
I am still very conservative and selective on anything I buy and have even a quicker trigger than usual. Example I got back in TSCDY when it went under 15 and sold it when it bounced on the upgrade 15.50. MBI, JEF were also sold on quick gains. AIG held on to but almost sold that name too on the nice bounce it recently had. I did not sell because I was still under the influence of Bruce reasoning in his latest interview. Anyways, I have a basket of names that I really like(RFP,FFH.TO,TSCDY,GM,AIG,DVN,NFX,MRVL,HPQ,JGBS,L,LUK)! If these were normal times I would be all in, but our leaders are making all the wrong decisions and it makes me cautious so I am loaded with cash not seeing how this rally has legs. I have been a buyer of Fairfax recently as it is very close to a 52 week low (I love Watsa) think he is right on his deflation bet and I understand most of his current investments. We are both bottom fishers! MRVL got rocked again yesterday I was a buyer, if I get a pop I will exit and try to revisit, but this name looks pretty darn cheap here with 50% of the share price in cash solid cash flow and earnings. I dodged a lot of bullets with this name and HPQ sometimes it is good to be a trader and boy was I early thinking they were buys much higher. Never had sizable money in either but the drops always hurt feels like I had a crystal ball or something to be profitable being long on names that keep getting pounded. I outperformed yesterday and my miserable performance since QE infinity looks a little better so I will take this oppurtunity and post the leader board. Wish I was still on the Bruce bandwagon because he has kicked butt he was up over 40% before friday. BRKB and the S&P are catching up errr. SNE is another name catching my attention watched it pretty much rise from a 10 billion marketcap now to a little over 12 Billion, normally I would have bought this name but Kyle Bass has got me so bearish on Japan I cant get myself around to buying a japenise company even though the valuation on some of the names over there look pretty good.
Bruce
| 36.33%
| ME
| 22.203%
| BRKB
| 16.99%
| S&P
| 13.96%
| YAFFX
| 9.64%
| FPPTX
| 5.27%
| LUK
| -0.44%
| FRFHF
| -13.03
| |
