Josh Bilisko, CFA

[Farmer @SowingAlphaSeed]

Cheesy and unoriginal, but I find it easier to invest with people I consider good 'stewards of capital'. i.e. people who:

1. Have their own money in the fund
2. Obsess over tail risk
3. Focus seriously on after tax returns

[Josh Bilisko, CFA @JoshBilisko]

@JackFarley96 How many positions do you hold at one time?

[Josh Bilisko, CFA @JoshBilisko]

Been trying to build a long short track since February and I feel like I’m too diversified but trying to improve.

[Josh Bilisko, CFA @JoshBilisko]

@orrdavid Is this what you run in the fund?

[Josh Bilisko, CFA @JoshBilisko]

@RodriGo_ethe This was quite the year for the 2005 value investor

[Josh Bilisko, CFA @JoshBilisko]

@orrdavid Check out my old band Pretoria for some indie music!

[Josh Bilisko, CFA @JoshBilisko]

@orrdavid Even for your PM roles?

[Josh Bilisko, CFA @JoshBilisko]

@taobanker This is awesome!

[Josh Bilisko, CFA @JoshBilisko]

@taobanker Stop reminding me

[Josh Bilisko, CFA @JoshBilisko]

@fBmT7L3sIT91436 @tclaugus2 Curious as well.

[Josh Bilisko, CFA @JoshBilisko]

@QuietProsperity @iancassel yeah you gotta weigh both. I do feel like people in large trim winners too early though time and time again or they trim when they really should be totally cutting the position entirely.

[Josh Bilisko, CFA @JoshBilisko]

@valuedrift Towards semis and memory

[Josh Bilisko, CFA @JoshBilisko]

@valuedrift It might have been X commentary is so so bearish rn it’s unreal

[Josh Bilisko, CFA @JoshBilisko]

@finphysnerd At least you didn’t start your track on February 13th in IB lol. Somewhat similar to left chart

[Josh Bilisko, CFA @JoshBilisko]

@finphysnerd Yep same felt like things were moving from ai into everything else today

[Josh Bilisko, CFA @JoshBilisko]

@SowingAlphaSeed Yeah there is no in between

[Josh Bilisko, CFA @JoshBilisko]

@SowingAlphaSeed @marcuswerther This area has been brutal lately...

[Josh Bilisko, CFA @JoshBilisko]

@tclaugus2 Was gonna ask about this one here. Wasn’t sure what a good forward earnings estimate would be

[Josh Bilisko, CFA @JoshBilisko]

@hkuppy stop lol you are doing great