Let’s review the moves I made today — I…
Let’s review the moves I made today — I used just a couple percentage points of capital to buy some long-dated, cheap call options giving me big upside exposure and limiting my losses — while still potentially 100% and with a expiration date to boot — on the downside to the capital allocated. I also bought some common stock. I started building positions in old-school, technology companies like Cisco and Nokia who have been destroyed by Wall Street but still have lots of exposure to the biggest growth market in the history of the planet — apps. I also started scaling into a couple smaller growth stocks, Nuance and Cypress that will are still relatively undiscovered. I’ll be buying some puts and shorting some companies having big problems in declining industries too. See you tomorrow!