{"id":51063,"date":"2020-06-29T11:11:33","date_gmt":"2020-06-29T15:11:33","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=51063"},"modified":"2020-06-29T11:11:33","modified_gmt":"2020-06-29T15:11:33","slug":"one-pick-i-just-bought-at-an-ultra-high-price-some-investing-lessons-from-this-years-crazy-world","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=51063","title":{"rendered":"One pick I just bought at an ultra-high price. Some investing lessons from this year’s crazy world."},"content":{"rendered":"

This is Latin America’s combo Amazon\/Square. I wish I had discovered them earlier. Here’s five years:<\/p>\n

\"\"<\/p>\n

This is an incredible company.<\/p>\n

The biggest mistake I made this year was losing faith when we shut the economy down in March and selling some shares that have, of course, bounced back handsomely.<\/p>\n

I keep writing about not panicking — largely to warn myself to stop being an idiot.<\/p>\n

The best news about my investing this year:<\/p>\n

+ No energy, no banks, no retail, no cannabis, no cell phone companies, no car companies, no REITs,\u00a0 no startups. You get the idea.<\/p>\n

+ Concentration on FAANG amd stay-at-home and shop-from-home beauties. The full list is on the web site. Wow. Look at Shopify and Amazon.<\/p>\n

+ Broad investment in residential multi-family homes aimed at working class and itinerant managers, who are happy to pay $900 to $1,500 for a nice comfortable place with handsome facilities and parking<\/p>\n

+ Some cash. It earns nothing, except my peace of mind. Which is increasingly important as I get more aged. Though yesterday I played my 106th game of tennis.<\/p>\n

+ And most importantly I don’t try to understand things I can’t. Like why is Boeing going up when no one is flying?<\/p>\n

I’m still looking for companies to benefit from 5G — one way or another. Anyone got any good ideas? Don’t tell me Qualcomm or Intel. Never been a fan of either.<\/p>\n

The problem:<\/strong><\/span><\/p>\n

This is US. deaths. It’s spiking. So are cases. Really frightening.<\/p>\n

\"\"<\/p>\n

Wearing a facemask is the single biggest way of reducing virus transmission. I rue that facemasks have become political (a Democratic plot?) and our president refuses to wear one, though VP Pence is now recommending them.<\/p>\n

I figure I’ll be quaranting until at least Christmas:<\/p>\n

+ I don’t like the odds of recovering versus getting really sick. Hence I’m scared. I’m now 78. Perfect demographic.<\/p>\n

+ The more I read, the more I learn how bad Coronavirus is: Asymptomatic Covid sufferers can develop serious lung damage.<\/p>\n

+ There is no vaccine, no cure, no management from the Feds and serious mismanagement in places like Texas, Florida and Arizona.<\/p>\n

+ People are exhausted from the quarantine and want touchie-feelie — so out they go, hug, and don’t wear a mask. I saw it all over the weekend in our quiet little upstate NY community. .<\/p>\n

I wish this worked<\/strong><\/span><\/p>\n

\"\"
\nEvery time I get on my scale it lies. I suspect Trump’s approach is best.<\/p>\n

But what do I do about all the clothes in my closet that are shrinking?<\/p>\n

This is creative<\/strong><\/span><\/p>\n

\"\"<\/p>\n

An IQ quiz<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Newton family robins<\/strong><\/span><\/p>\n

Second batch this season, photographed June 15.<\/p>\n

\"\"<\/p>\n

This morning, 14 days later, June 29. Three babies:<\/p>\n

\"\"<\/p>\n

They’ll be gone in another two weeks. And the mother will be back to lay another three or four eggs.<\/p>\n

She got really mad at me this morning when I photographed her babies.<\/p>\n

Thought of the day<\/strong><\/span><\/p>\n

\"\"<\/p>\n

See you tomorrow. — Harry Newton<\/em><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

This is Latin America’s combo Amazon\/Square. I wish I had discovered them earlier. Here’s five years: This is an incredible company. The biggest mistake I made this year was losing faith when we shut the economy down in March and selling some shares that have, of course, bounced back handsomely. I keep writing about not […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51063","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51063"}],"version-history":[{"count":2,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51063\/revisions"}],"predecessor-version":[{"id":51073,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51063\/revisions\/51073"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}