Citadel is suing hedge fund GSA for stealing their proprietary trading algorithm through a Citadel’s employee- GSA argues that the information that they got is too high level and they didn’t learn much- What is going on? First, trading algorithms are the secret sauce of how hedge funds make money Continue Reading
Investing
[Investing] 2020/11/10
Another blessed day- Sold some REITs and bought some gold miners- Not much action today- Thankful for swing trading- I think the market is overly optimistic about the vaccine and Biden- A correction may come closer than we expect, Ackman already putting another trade assuming a crash coming sometime soon. Continue Reading
[Investing] 2020/11/9
Wow- What a ride- I woke up and I started selling all the stuff that I could- Oil jumped and my oil stocks #FANG and #EPM went berserk. Of course, I sold some of both- I have been holding on to them knowing that they are undervalued- But today was Continue Reading
[Investing] 2020/11/5
A good today- Gold jumped and the gold miners jumped more. Hecla (HL), Barrick (GOLD), Newmont (NEM), and other miners had a nice jump. As much as I wanted to be a long term investor, given the election uncertainty and the market volatility, I booked a small profit. I will Continue Reading
[Investing] Market’s Prediction on Who will Win: Trump Vs. Biden
Instead of waking up knowing who the new US president is- We woke up to a bad political drama- Wow, the frustration- Why can’t states finish on time? We really need to fix the election system. Also, there are many allegations of fraud- So better have voter ID and more Continue Reading
[Investing] 2020/11/4
When I woke up today, I thought Trump would have won- Nope- but stocks went up- Well, tech stocks jumped. Gold miners and REITs took a beating- I bought more gold miners and REITs. Not much just a little. Because things are now becoming more complicated and violent. What I Continue Reading
[Investing] 2020/11/2
Wow…a pleasant surprise. Markets were up- I sold more. I bought some heavily punished gold miners last week and I exited them today. Small profit but thankful- Hmm…what is going on? Is not the election chaos baked into the market? Or…may be or…it won’t be that bad- The only way Continue Reading
[Investing] NAREIT OUTLOOK REPORT: What’s Next for Real Estate?
Just read NAREIT’s outlook of real estate. So here are the outlooks and my thoughts- Data Centers have long term potential- Indeed. But it is priced too perfection. Unless we have a big drop after the elections, I am not buying them Of course, if you are a family office Continue Reading
[Investing] Case for Investing in REITs
Twitter and Facebook suggested me this interview from NAREIT about investing in REITs. The basic investment thesis is that REITs are quite undervalued and offer good potential returns- It has done in many cycles including 9/11 and 2008 financial crisis. Active management and selecting good properties with a framework of Continue Reading
[Investing] 2020/10/30
Market didn’t do much today- Gold miners dropped then recovered and closed slightly negative- Swing trading EMX and Hecla (HL). Thankful for very small profit better than nothing 😀 I am conserving as much cash as possible. Next week will be wild- especially, if a lot of riots occur, which Continue Reading