I picked some JONE up today at 1.22 just to see where it goes. Lending Club and Snap look tempting as well after tanking today.

Jones Energy, Inc. (NYSE:JONE)

What do you think about this one? Seems like an knee jerk type of oversell today.

http://www.nasdaq.com/symbol/cece/stock-chart

Pick up some ENB. They are at a low point now.

How's your portfolio doing right now?

Getting corrected at the moment!

So how did things pan out after a bit of volatility?

It turns out my own portfolio was basically flat since the start of the year. Fundsmith down about 2%. MCR_Fund erased its falls and up ~14% YTD!

I thought I could outperform my own benchmark, but have utterly failed to do so. I would have been a lot richer just holding on to GOOG, AMZN and FB and doing absolutely nothing since the start of this thread.

I'm down about 4 percent in the funds department, but have made that up with gains in directly owned shares. So zero sum overall, so far.

Fundsmith has done better than that over January & February 2018
in Euro +0.3% v -0.6% for the index so beating the index by 0.9%.
in GBP -0.2% v -0.9% for the index so beating the index by 0.7%

As always it's a highly defensive fund & will perform better than average in volatile market conditions.

This is probably good time to buy Roche and Novartis on the dip and the ex dividend yielding 3.7% is just round the corner. DYOR

Hi Phil-MCR,

I like your take on AMD and NVDIA as they both make Graphics Card for mining crypto currency.

I can tell you that there is a shortage of GPU’s and shops like Digitec and Microspot have approx 1 month wait on delivery.

Whenever there’s a gold rush, people who sell shovels and spades seems to make the most money.

How did MCR_Fund do since the OP? A helluva lot better than my current portfolio! Here's what 100k invested at the start of this thread would have got you today:

AMD is a bit of a gamble for me. My hope is not on the gfx segment but on the datacentre chip. secondly maybe the next gen cpu with onboard gpus that will go into laptops. however, that's something of declining market anyway.

350%in 5.5 years; not bad.

Meanwhile, my Ethereum has appreciated by that much in the last 8 months... and 4,227% over the life of the MCR_Fund (not that I've held ETH that long, sadly).

What percentage of your net worth did you invest 8 months ago? you must be in the position to retire now

Does it work like that? You only need to hold the shares at the exact day of dividend payout? Don't you need to hold them for the entire year?

Of course you violate on of the swiss "professional trader" tax rules if you sell within 6 Months. And anyhow 1/3 of that goes to taxes, but still leaves you with 2.5% gains overnight.

it's actually a 500% gain.

I like how people brag when they win and say nothing when they loose!

Shares go ex dividend a few weeks before payout, so you need to own them on the day they go ex dividend, however kind of silly to wash dividends as they are taxable & the share price will drop to compensate. The likes of Goldman Sachs will arbitrage such things if there is easy money i.e. a few cents error in the pricing across various exchanges. Their systems will automatically execute a combination of trades using derivatives that will guarantee a profit. The chance that Joe Public can do that successfully is very slim.

The Zuck is going to have a busy schedule appearing in front of various committees in the next weeks....

Good that he's already sold a lot of stock:
https://www.cnbc.com/2018/03/20/zuck...-insiders.html


How long until (the commercially relevant) users wake up to the fact that they are the product in this game?

Those sales were announced last autumn.

Yet another rice sack toppled. Yawn.