“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio was up around +6.0% this year. After todays sells and buys we're up about +2.0%. Our benchmark index, the S&P 500 is down -9.74% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today I trimmed our position in Nabriva to raise some cash. This has nothing to do with my conviction in the company, we simply were overweight in the name and we need the cash to buy some of
“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up around +5.0% this year as I'm writing. Our benchmark index, the S&P 500 is down -2.07% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What's Happening? Fears over corona virus have fully infected the markets in terms of investor psychology. The human cost from this virus cannot be overstated and we all need to reflect on the act that there are people, with names and families
“Politeness and consideration for others is like investing pennies and getting dollars back." - Thomas Sowell The Portfolio The portfolio is up over +10.00% so far this year Our benchmark index, the S&P 500 is up just over +4.0% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What's Happening? Today's stock market pull-back feels like profit taking, in particular from all the alto traders that wanted to take a bit off the table. The recent rallies have seen more money from retail investors piling into stocks th
“The secret to investing is to figure out the value of something – and then pay a lot less.” - Joel Greenblatt The Portfolio The portfolio is up over +5.00% so far this year Our benchmark index, the S&P 500 is up about +2.22% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com Adding to Amarin We began with 100 shares of Amarin, today I'm adding 400 shares at $18.55. After todays purchase our cost basis has been lowered to $18.80. I have been waiting to buy AMRN around $18.50 and this morning the price got close.
