Why I’m Not Selling My Shares of Teladoc
I got lucky. Heading into this crisis, 5% of my portfolio was in one of the few companies that would benefit from a pandemic: Teladoc Health (ticker: TDOC). The stock is up 71% in the past month due to a huge increase in demand for virtual healthcare, and it has officially become one of the “hot” stocks talked about on CNBC. I didn’t buy shares for either of those reasons, but hey, I don’t mind the returns. (Twitter thread on Teladoc’s conference call) Teladoc’s business has
Why I Sold My Shares of JD.com
“Only when the tide goes out do you discover who has been swimming naked” – Warren Buffett. Buffett likely wasn’t the first person to ever say something like this (as with all vague quotes), but the meaning holds true nonetheless. What he is eloquently saying is, that, in financial markets, when shit hits the fan, you realize who has just been bullshitting this entire time. At this point in the cycle, those bullshitters reside in China. Last week, Luckin Coffee, one of the ho
Robintrack: the Best Investing Site You’ve Never Heard Of
I recently discovered Robintrack, a website dedicated to (you guessed it) tracking the investment moves of Robinhood users. Chart screenshots periodically show up on Twitter, so if you’ve seen anything like this before, chances are it came from Robintrack: The beauty of these charts is their simplicity. The green line shows how many users owned a company over a certain time frame, and the pink line is the stock price over that same period. However, within these charts is a tr