Progress report on a rainy Saturday. January supposed to be best tourist weather here. But this year? Rain, rain, rain. Top of the hill, water standing on the flat and the slopes are sloppy wet. So, extra coffee and stand watch for NinjaVan delivery to bring my sax reeds. This is third strike day or they get sent back.
Anyhoo, how are the growth stocks doing for the new year? Not much, down 1.6% (Saul’s 12/31 stocks leaving out TMDX). I am up 5.1%. My BMW revert-to-mean stocks are up 8.2% on a theoretical, equal weight basis, and 9.5% as actually invested.
47% cash. I took RMD already so my beginning value for calculations is 12/31 minus the RMD.
I had 8 option positions Friday and I made a mistake on one of them. Bought to open instead of sell to open, one single SNOW put for $1.11. So, like taking Ben Franklin out to the parking lot and lighting a match. Plus, the hundred bucks I did not make had I sold to open. Man! $200 of rice and beans. 300 kg of that sticky, highly polished, ultra-white, diabetes feeding rice I could have stacked in the downstairs hallway. Gotta pay attention to the details, KC.
KC, whose sax reeds did not get delivered. 