Marc De Mesel: Invest Big Now That World Needs You

  • Thursday, 23 April 2020 15:52
Doubled portfolio past month thx to #crypto, #tesla and especially calls exploding in value from low 1 month back. Back at 40% avg return since 2008 (USD return), this time after deducting inflation of 5.8% per year, which you cannot call returns as value USD drops this much every single year. Because calls went from 15% to 35% exposure and all can be lost if price ends up below strike price, not worth the risk holding for me, sold almost all and now back at 30% cash. Sold also some insurance/puts for first time to investors, paying me $30 per share $TSLA in exchange for me promising to buy their share at $600 until May 15th, something I was planning to do for free, but later realized this does not guarantee me actually of buying the shares even if it drops below 600 so cancelled it and bought back those put options. Think likely crypto will retest bottom of $120B while not likely stocks will retest bottom of say Dow back to 18000, therefore plan to buy Tesla even on minor drop to say 600, unless anyone can show me a better investment in stock market? If I fail buying Tesla cheaper the cash may still be deployed in crypto if it does test bottom again. Also lockdown is bad for your health. Let the truth set you free.

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