NajdorfSicilian

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NajdorfSicilian replied to the Last RoundUp board. 3:09 PM

Re: Random Question on Intl Exposure

I own WCM Focused Int'l which has done great, and OAKIX which had a terrible year last year.

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NajdorfSicilian replied to the Saul's Investing Discussions board. 3:06 PM

Re: Sea Ltd (SE) Great performance, high risk

For these games, Sea wouldn't have to worry about using resources to build these games, which possibly means higher gross margin,

No, they have higher Gross Margin on their own games.

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NajdorfSicilian replied to the Saul's Investing Discussions board. 12:39 PM

Re: Sea Ltd (SE) Great performance, high risk

The company makes the vast majority of its money off a single game: Firefight

I think you meant Free Fire. Garena’s reach has broadened globally with the highly successful launch of its first fully self-developed game, Free Fire. [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 2:15 PM

Re: Sea Ltd (SE) Great performance, high risk

Fwiw, some of the top hedge funds have large positions in this name: Tiger Global, Lone Pine, Farallon, Hillhouse.

Fidelity is the top holder. Again, just fyi but those first couple names are very, very astute investors with experience in [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 10:48 AM

Re: Earnings to watch this week

WK posted great numbers again last month when they reported sales up 18%, Gross Margin 73%:
Stock up 40% YTD, and has doubled since I first mentioned it 7 months ago.

WK now up 70% ytd, 141% in 12 months, I am going to take [more]

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NajdorfSicilian replied to the Deranged Monkey Criticism board. 2:54 PM

Re: Entire Workplace on Robinhood

I do find RHood's marketing of options to suckers...I mean retail to be morally repugnant.

You have better odds of long-term success with scratch-offs.

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NajdorfSicilian replied to the Dropout's Den board. 11:17 AM

Re: 20 years

Weren't we all? I thought Yahoo! was the future. I was close. 19+ years here.

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NajdorfSicilian replied to the Deranged Monkey Criticism board. 11:50 AM

Re: Entire Workplace on Robinhood

I'm sure there are pockets of resi RE that are heating up, some perhaps dramatically, but there is nothing remotely to suggest we are anywhere near a bubble stage looking at the data.

You say MD is 'getting crazy with homes' but [more]

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NajdorfSicilian posted to the On Tilt board. 5:37 PM

Short Borgata 2-5

midweek new table of 2-5, somewhat lively. Was card dead yet again and had obnoxious phone-talker directly on my left [I was shocked the dealer didn't ask him to stop, I was gonna ask the pit boss but left instead after my loss. I asked him to [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 5:21 PM

Re: The Best Investment Books of All Time

Why is David Gardner not listed as one of the greatest books of all time with Rule Breakers?

Why?

To reiterate what I said months ago:

The Gardners were very clear in 1999 and prior that 'Price/valuation [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 5:10 PM

Re: The Best Investment Books of All Time

If you're looking for a true investment classic, I'd recommend 'Quality of Earnings' by Thornton O'Glove. 1987 published so a bit more recent than the 1920s-1950s tomes.

Another book that will also help keep you wise to [more]

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NajdorfSicilian replied to the Last RoundUp board. 11:47 AM

Re: FMNA and FRE preferreds

I added a little under $6 to reduce my cost basis, makes up a tiny bit for the shellacking in tech today.


Big rally in 2019 to over $9 currently.

Stock up to the $13 range, debating paring back a bit.

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NajdorfSicilian replied to the Saul's Investing Discussions board. 11:52 AM

Re: TTD News

We're holding one "walled garden" (Apple) but I think Green is right. Monopolies that behave badly always get whacked, sooner or later. ...

And we might see a similar dynamic in the realm of internet [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 12:40 PM

Re: A brief update for anyone interested

People are saying this is like the tech stocks of 1999. They say this because they are worried. Everyone remembers that drop. I think they are right but they have the year wrong. This is the start of the tech run. Think of Microsoft in 1986 when [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 12:28 PM

Re: A brief update for anyone interested

The issue isn't that, during a downturn, all SAAS firms will stop being used, or that tech will be pulled back in-house, or they'll give up on Network Security, using databases, and storage.

It's that firms will be forced to [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 12:14 PM

Re: Learnings from Nutanix [NTNX]

As Tinker said once: the turn arounds almost never do turn around. You remember the one (Netflix) that does, but forget the hundreds that don't.

Best,

Saul


The best advice maybe I ever got on Wall St [more]

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NajdorfSicilian replied to the Macro Economic Trends and Risks board. 12:08 PM

Re: Theft of Intellectual Property

Norway isn't a member of the EU and does just fine trading with it, fwiw.

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NajdorfSicilian replied to the Saul's Investing Discussions board. 12:02 PM

Re: My portfolio at the end of May 2019

3. You need to EXCEPT and ACCEPT high volatility both on the upside and downside...If you only want the huge upside potential, with limited downside risks of a 30-40% stock decline

Yes, you do need to EXPECT, not 'except,' [more]

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NajdorfSicilian replied to the Saul's Investing Discussions board. 11:42 AM

Re: My portfolio at the end of May 2019

Saul, once again congratulations on your continued run of success!

One minor [or major] quibble:

can make a profit whenever they decide to! All they need to do is slow down their enormous S&M spending, whose purpose is to [more]

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NajdorfSicilian replied to the Deranged Monkey Criticism board. 10:56 AM

Re: Pivot Capital report

Dan, completely agree, there is some backstop there but could get cut in half first.

best,