• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Watching People Dancing While Watching People Dancing Who Are Watching People Dancing; Trade Alert: A Few Nibbles, One Trim While

January 5, 2022 by Cody Willard Leave a Comment

So I moved offices over the holidays as I’d sold my office in Ruidoso and moved my NM headquarters to an even smaller town 35 miles away. We’d already moved our household down here a few months ago in large part because this town is, 2500′ lower in elevation than Ruidoso and that has been very good for my littlest daughter’s breathing as she has a trachea tube and requires oxygen most of the time (down from all the time which is what it was up in Ruidoso).

As part of moving into this new office, which has about 2000 square feet of space, I converted a 24′ by 13′ former conference room into a golf simulator / movie theatre room. It’s pretty amazing to play on a life-size screen in real-time at thousands of real courses. It’s made me think a lot about how I’ve long predicted that we’d eventually have virtual reality holodeck-like rooms from Star Trek where you can simulate any reality. Virtual reality on headsets is going to be huge too of course, but this room has me thinking that we’re also going to see a lot of these virtual reality applications and games being used in a holodeck room with 360 degree lazer projects beaming on a circular 360 degree screen. I reached out to the CEO of virtual reality company, Immersed, to talk about this and we’ll get on a Facetime call later this week and I think I’ll be writing a lot about this concept in coming months and years as it develops as part of The Metaverse Revolution.

Speaking of The Metaverse Revolution (TMR), it’s going to be one of the next trillion dollar economies and we’ve got the two best TMR plays in the portfolio with Facebook/Oculus and Unity. As a matter of fact, both of the two golf simulator software programs that I use for my golf simulator room are built on the Unity Platform. Unity, trading at 25x next year’s sales estimates and not quite profitable yet. Exactly the kind of company the market is hating on right now. But with 40% topline growth and 80% gross margins is a must-own for the long-term. So we’re in a bit of a pickle as my oldest daughter would say. I’m trying to thread the needle as best as I can without being too cute (unlike my daughters, who are indeed too cute), by slowly adding to this position and planning to make it one of my largest holdings if it can come down another 20% or so.

I didn’t do any trading in my personal account so far this year, but I did do a few trades in the hedge fund including:

Trimming some QCOM. Buying some U, some AMZN, a little GOOG, a little BABA (more on this later), a tiny bit of SKLZ.

Last night I was watching a movie with my wife and oldest daughter at my office. My daughter got up to dance in front of the big screen and in the movie there were people dancing in front of a movie screen that had people dancing on it. That reminded me a bit of investing — we are betting on companies that need to make a lot of money so that other people will be on them too and if you’re watching me watch other people do it, then the analogy really gets interesting. All of which reminds me that the best investment is always betting on yourself and not the movies! Even as we can and have made a lot of money betting on other people dancing while watching movies of people dancing while watching a movie.

Happy New Year! Be careful out there, but now is not the time to be scared!

 

Related posts:

How To Invest In Business Models From Outer Space
Trade Alert - Looking out into next week has me trimming and hedging further
Trade Alert: Covering Some Shorts + One Space Nibble
Trade Alert - Risks of the new warfront rise
Trade Alert - Adding some broker puts as tension builds
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: All, Trade Alert Tagged With: all

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in