I took a small position in the VIX, the CBOE volatility index, with a view that as the election approaches and with structural weakness in both the US and global economy, we’ll see S&P 500 volatility rise and/or spike. Entry price of $28.31, so I’m currently down 7.5%.
On Robinhood, I bot small stakes in the following:
Chinese cryptocurrency vocabulary list (in progress)
Monday September 28, 2020
Here is a running list of words and phrases that are loosely related to cryptocurrency and bitcoin (and hence, finance and technology). Once it hits 100+ words, I’ll probably migrate to a public Google doc. If you’d like to contribute, reach out on twitter or email or wechat me (kevinrandom)! project participants = 项目方 = […]
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Facebook (FB) – Zuck is perhaps the most visionary and “willing to do whatever it takes” tech CEOs out there; this is a multi-year play
Nvidia (NVDA) – bot immediately after reading this powerful article by Aishwarya Nagarajan
Square (SQ) – Cash App is dominating, and love Jack’s all-in on bitcoin
Uganda. Market contracts by 36% in 2020 after hitting the highest volume of the decade last year
Friday September 25, 2020
Uganda vehicles market in 2020 reports a considerable contraction after hitting the highest volume of the decade the previous year. Indeed, 948 units were sold Year To Date until August, losing 36% compared to last year. Toyota (-21.3%) maintains in leadership, Volkswagen was the top 10 gainer, with a 175% increase while Mazda plummeted by […]
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Robinhood is my “fomo” portfolio, where I take small positions in specific names to reduce any fomo I might have for not investing more heavily in stocks. It’s more of a learning tool — seeing which predictions are right / wrong, and why – than a source of financial returns. In equity investing, I’m generally more supportive of index funds than stock picking.
I am also steadily withdrawing assets from my Wealthfront portfolio (I’m souring on robo-advisors in this volatile and uncertain economy, although I can’t fully articulate why) for a mix of cash, crypto, and gold.
Finally, I opened a sizable position on RING, the iShares gold miners ETF, at an entry price of $30.81, after learning from analysts like Lyn Alden and Matthew Mezinskis. I shared some of those learnings in my weekly random notes.
Here was my original post sharing my stonks portfolio. I haven’t updated it to reflect the above yet.