1/ This type of crap is exactly what drives bubblish activity... and people to rush in and get hurt. I can almost guarantee @tyler won't be buying meaningful amounts here... but he and @michael_saylor are happy to drive the hype train higher.
2/ $TSLA and other real companies might put 1%... or 5% of a balance sheet in at a maximum. The key is MIGHT.
What pisses me off is that these people who are already big-time $BTC owners continue trying to drive the hype train with these absurd types of claims.
3/ I'm sure we will see @APompliano tweeting about this reckless idea as well.
Let me be clear.. I'm not saying owning $BTC is stupid. I'm saying REAL companies with real business to run would never put their whole balance sheet into something like $BTC at this stage
4/ and it pisses me off that people who can get hurt will follow the hype into $BTC and inevitably get hurt from it... when the Winklevoss, Pomps, and Saylors of the world will do just fine because of when they bought
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2/ Top 5 holdings = 61%. This concentration can be risky, so plz don’t just follow. These 5 will drive most my portfolio performance.
Concentration is also what has provided outsized returns.
$AYX 23%
$DDOG 15%
$TTD 9%
$CRWD 9%
$ROKU 6%
I do use options a little. Bit. Here’s a break down of contribution by financial instrument:
Stocks 165%
Options 33%
📝 would probably be best just sticking to stocks but I find options interesting . Owning stocks also has the benefit of less tax implications (generally)
- Huge fan of Founder and CEO @jeffiel
- Solid leadership team
- Reshaping communications: ~$1.2B+ TAM
- 86% YoY revenue growth (w/SendGrid) & 140% DBNER (~Same Store Sales)
3/ $TWLO @twilio What I'd like to see from today's Q3, 2019 report
Total Rev: $302.25 million, beat by $14.75 million