Excellent results, congratulations! I am very positive for 2023 and since we share many positions I am sure that we will have good results in the forthcoming year as well. Will be tough to navigate though!
Congrats to your stellar performance and analysis in 2022!
Love your portfolio going into 2023! Short book at -50% seems quite substantial and thus I would be a bit worried in case the FED flips and unprofitable companies skyrocket in a short squeeze frenzy.
But overall, a wonderful portfolio and portfolio construction that should profit mostly in a high fossil fuel price, high interest rate and moderate growth scenario. Interesting to separate the put tail hedges from the short ideas. Makes a lot of sense and something I should think more about! That is my major learning from reading your portfolio.
Would you consider adding more traditional US stocks with high FCF? Like GEO, Corecivic or FCF cannibals like Charter and DaVita?
Great job during 2022! You have a lot of positions to follow. I think energy continues to perform well and shipping companies that transport it. Shorting any over priced hi tech company is a good play too. I focus on FCF % to EV. Show me the money!
Good stuff. Off shore oil has had a pretty big run up the last few months. Any thoughts on entry points if someone is looking to start building a position? Wait for a pullback? Thanks.
Hi, Hope you are doing well ! Had few queries...don't want to download the substack app(so using this)...since you also have russian shares in your account ... did you get dividend ? Did you have to make a russian bank account? Any reliable brokers in decent jurisdiction which can handle the same want to shift russian shares out of Interactive brokers....P.S country neutral ...good relations with both east and west.
Thanks, that is helpful. Thank you for sharing ur experiences Happy New Year!
any comments on IPI ? thanks
Excellent results, congratulations! I am very positive for 2023 and since we share many positions I am sure that we will have good results in the forthcoming year as well. Will be tough to navigate though!
Amazing performance for 2022! Well done!
Congrats to your stellar performance and analysis in 2022!
Love your portfolio going into 2023! Short book at -50% seems quite substantial and thus I would be a bit worried in case the FED flips and unprofitable companies skyrocket in a short squeeze frenzy.
But overall, a wonderful portfolio and portfolio construction that should profit mostly in a high fossil fuel price, high interest rate and moderate growth scenario. Interesting to separate the put tail hedges from the short ideas. Makes a lot of sense and something I should think more about! That is my major learning from reading your portfolio.
Would you consider adding more traditional US stocks with high FCF? Like GEO, Corecivic or FCF cannibals like Charter and DaVita?
Great job during 2022! You have a lot of positions to follow. I think energy continues to perform well and shipping companies that transport it. Shorting any over priced hi tech company is a good play too. I focus on FCF % to EV. Show me the money!
Amazing performance! Great job 👏
Good stuff. Off shore oil has had a pretty big run up the last few months. Any thoughts on entry points if someone is looking to start building a position? Wait for a pullback? Thanks.
Hi, Hope you are doing well ! Had few queries...don't want to download the substack app(so using this)...since you also have russian shares in your account ... did you get dividend ? Did you have to make a russian bank account? Any reliable brokers in decent jurisdiction which can handle the same want to shift russian shares out of Interactive brokers....P.S country neutral ...good relations with both east and west.
Congrats. U manage many positions. Do u mind sharing an estimate of how much time u spend managing ur investments overall.
Add UAN to your portfolio .