First time posting in almost a year. With some new responsibilities this year, I finally had to start taking fixed income seriously, so I built some CD ladders ๐ด
The main portfolio is still quietly beating SPY by 2x, and honestly, selling options continues to be addictive ๐คทโโ๏ธ
@KrisPatel99 It is sticky. Businesses that use Adobe find it hard to move away from it. They also usually donโt have a reason to look for alternatives.
I donโt agree with Burry but I want to get this point through as well.
The market doesn't pay you for a "correct" thesis. It pays you for being on the right side of the trade. $OPEN is up 200% in a year. At that point calling it flawed is just semantics. Plenty of "perfect" fundamental cases for $PYPL and $BMNR went nowhere.