Sunday, October 14, 2018

3Q18: -0.68% Who Doesn’t Like Rollercoasters?

A couple of years ago, my brother and I decided to go to Orlando. My brother convinced me to cough the extra cash for the VIP access that allows you to bypass the lines to the rollercoasters. Once we were there, I was glad I listened to him, the lines in that hot summer day were endless. In one instance, I remember exiting one rollercoaster and a guy, I previously saw, was still in the line and barely moved more than a meter forward. Thanks to the passes, we tried every ride in the Universal Studios Islands and some even twice.

Why mentioning this?

September and what we have seen of October reminded me of a specific ride- the Dragon Challenge (see this video) that had two rides; a green dragon and a red one. Do not know which ride is  September and October, but one thing I know for sure, we are having quite a ride!

Tuesday, July 3, 2018

2Q18 +0.56%: If there is no wind...row



This quarter reminded me of a video I saw for Elon Musk during the Code Conference of 2016. He argued that it is probable that we are living in a simulation. I think in the last 90 days, Ready Player One hit a glitch in this video game called Simulation Earth. How else could you make sense of what is happening? The dictators, that were bragging about the size of their nuclear crotch on twitter for the past year threatening the world existence, met in Singapore last June and now are best buddies. Argentina and Germany are out of the World Cup. Netflix shares are hoovering the $400.

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Tuesday, April 3, 2018

1Q18 -2.07%: Bumpy Road Ahead


What a start of the year...January made it look like 2018 would be a great year similar to 2017 but starting February we saw a market pullback/correction. In the first days of March, the market recovered most of the pullback till Mr. Trump came in with all his ideas on tariffs specially attacking the Chinese. This definitely impacted the market and we are seeing more pronounced movements entering into April.  

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Tuesday, January 2, 2018

4Q17 +13.36%: Rice on Chessboard


We closed the last quarter of 2017 with a 13.36% gain resulting in a total gain of 23.26% since inception; five months ago. 

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Monday, October 2, 2017

3Q17 +8.74%: A good start


August 7th was our first official day in operations. Ironically enough, the Korean decided to make some noise on the 8th affecting the portfolio and specially our asian holdings for the weeks that followed. However, we still ended our first quarter in operation (in fact a little less than two months) with a profit of 8.74% thanks to the acquisition of our largest holding...NYX. 

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