by Anura Guruge
on April 19, 204
I am an Options TRADER, but a stock INVESTOR.
Huge difference. I don’t trade stock. I buy and hold … & hold … & hold.
I am very selective about what stock I buy. I have a theme. Yes, it is MAINLY TECH (and SEMIs within that).
Yes, it is POSSIBLE that ALL of TECH could go down another 20% in the next month. I appreciate that. That is OK with I. SMILE.
I know that they will ALL be up 20% in a year. SMILE. If, not … then in two years. Joys of long term investing.
by Anura Guruge
on March 20, 2024
You, obviously, should have. SMILE.
Did YOU (really) think that NVDA will go down RIGHT in midst of their ‘Developer Conference’ when they were making all sorts of groundbreaking announcements?
As you can see I have been ADDING to my NVDA stake ALL year. I had to (alas) sell some NVDA in mid-February due to an call option play. I had owned that tranche of NVDA for over 8 years. So, it wasn’t too painful to let them go. I just had to build BACK my position. And I have been doing that. I have NVDA in three accounts — my main, my (SEP-)IRA and in my youngest daughters account. She has made out like a bandit.
I have been in SEMIS for over 12-years — with NVDA my bedrock holding.
I have been ramping up on SEMIs over the last 12 months. I am doing OK.
SMILE.
I like SEMIs. I started buying NVDA years ago because I was a big fan of their video cards & had been using them for over 22 years.
Buy SEMIs (though it is kind of getting late).