A little about me
I spent 15 years in tech.
In 2015 I co-founded kimkim.
After years building a company, I’m now focusing on investing.
I’ll use this account to share what I’m learning along the way.
Mostly about:
• Bitcoin
• asymmetric opportunities
• long-term thinking
Portfolio update, top 3 holdings:
1. $MSTR — 53% (16,200 shares @ $65.29)
2. $IREN — 21% (13,000 shares @ $43.52)
3. Cash / SGOV — 9%
The cash is down.
The conviction is up.
I’m glad I had cash when the opportunity came.
Now it’s time to be patient.
Current top 3 holdings:
1. $MSTR — 44% (13,000 shares @ $57.88)
2. $IREN — 22% (12,000 shares @ $43.00)
3. Cash / SGOV — 19%
Still concentrated.
The difference is I now have enough cash to buy fear instead of just watching it.
Another 500 shares of $MSTR today at $86.
Every lower price gets a little more cash from me.
Not trying to catch the exact bottom.
Just following the plan.
Added 500 shares of $MSTR today at $105.
Not trying to pick the bottom.
Just slowly deploying cash into prices I like.
And if we get sub-100, I still have cash left to deploy.
Cash is now down to ~18% of the portfolio.
Current top 3 holdings:
1. $MSTR — 44% (13,000 shares @ $57.88)
2. $IREN — 22% (12,000 shares @ $43.00)
3. Cash / SGOV — 19%
Still concentrated.
The difference is I now have enough cash to buy fear instead of just watching it.
@clintoptions The bankruptcy thesis gets stronger every time the stock goes down.
Every bear thesis sounds convincing until someone asks for the actual mechanism.
Starting to nibble on $MSTR and $STRC here
MSTR < 110
STRC < 90
Not calling a bottom, could absolutely go lower
Finally getting into a range where I like the risk/reward
These are the first prices in a while that make me want to deploy cash