RE:RE:RE:RE:RE:RE:RE:RE:To Barstoolsage!Barstool...you manage risk well...possibly Topper can learn from you that 90% in companies with fundamentals is going to pay off in longe term.....i have survived with similar metrics.....i think you view studying the story is important and balancing risk to protect yourself is important....otherwise you dont BS on this board...you understand the lottery ticket aspect ....Thanks for your post....its educational and factual......
my current allocation is 65%...i view the energy shortage and canadia mid cap energy with leverage to Ng in the names..thus NVA, ARX and Erf meet that...;pure play oil such as Meg and Baytex weighted less...Why...because they are clearly a supply demand play and undervalued with earning reports coming out showing reduced hedging , increased free cash flow....and break even at 6o dollar to 70 dollar oil
I have not got back into tech as i am not convinced the current rally is not just a bear market rally....Mike Wilson at JPM....still feels 3100 could be the low....on S&P its 4100 now....So at 70 plus years of age and 35% of my net worth in stocks i like the idea of a strong cash positon....
While the apples, amazon , microsoft have rallied...the Shopify, Roku, Snap,,,have been slaughtered......Recently in april i put a real estate asset on the market for 1.2 million....and reduced down to $999,000 no buyers and no offers......So i decided to rent....34 applicants in 4 days and short list of 7 today for a open house on a $2400 a month rental....it will give me free cash flow for up to two years while i digest the markets.....i amd a bear on real estate as Gov wants to cool houseing.....Rentals are different....people selling and renting....harvesting profits and moving to areas like vancouver island and sunshine coast...good luck everyone