Hello I was wondering why you never opened a position yourself in Amazon or google shares in the last months
Thank you for this question which others may have an interest in. I tend to divide my assets into three baskets. Trading, Investing and “Private Equity”.
My trading is generally in futures via spread-bets and since spreads are wider on individual shares I tend to concentrate on stock market indices. My vehicle of choice for expressing a bullish perspective on stock markets has been the Nikkei-225. I sold out of my most recent long position a couple of weeks ago and will seek to repurchase on a dip. Since I believe cyclical sectors are relatively cheap and capable of playing catch up I own a number of commodities as well.
My investment positions are represented by holdings in the Autonomies Fund I set up with Chris Moore at WM Partners when he approached me after Crowd Money was published. The fund holds Amazon, Alphabet, Microsoft, Apple and Facebook; trimming overextensions relative to the trend mean on a quarterly basis. I also still have holdings in Chinese A-Share Banks which were bought at the wrong time but have been improving of late.
My “private equity” investments are through Mrs. Treacy’s business which sells pearls, diamonds and gold, and increasingly jewelry packaging, online via a number of venues such as Amazon, eBay, Etsy, Wal-Mart and her own website lilytreacy.com. That business grew 300% in 2017 through no fault of my own.Back to top