Thread by @bauhiniacapital

It has come to my attention that those on fintwit likely need to issue disclaimers so that others may disregard their opinions.

In the interest of transparency, I hereby disclose the following:

My public "high conviction" trade for Q1 2021?
I hadn't ever used their services.

Nor the services of the *vast* majority of their rivals. What few services I have ever used of their rivals, I am a very basic user. The most basic of basic users.

Those two phat events I pounded the table on last year? I've never even been to the country of one of them. And

would never ever be a buyer of their products or services - theirs or a competitor's. And that other pound-the-table special sit last summer? I've been to that company's home country. But I haven't consumed their services. Or been to some of the countries where they operate.

That financials trade making me look bad currently? Haven't used one of their products. The service co making me look good? Ditto.

That industrial I liked vs their takeover candidate sub back in Oct? 15y ago I bought one product of a sideline biz, secondhand. It worked. The sub

which makes 7-8 digit price tag stuff? I climbed on some a few times, but never turned on let alone used.

That 30+ name basket from the other day?
You guessed it. Nada. Zilch. Nothing. Not one.

And finally that really luscious and interesting special sit announced just about 2wks ago?

That conglomerate merging with another conglomerate with really weird downside contingent options and that weird geometric option to the upside? Here I am on solid ground. I have used

the products of 2 of Conglomerate 1's several dozen portfolio companies, totalling ~1% of NAV. One was once 17y ago. I don't remember using it, but I know I did. The last time for the other ~5yrs ago.

I am, apparently, uniquely unqualified to analyse stocks. Carmakers? I once

owned a car, bought used. Chinese real estate developers? No experience there. No FB ads. No Postgres. No Lambda.

I know Excel, so MSFT might be OK.
And I know record players.
If anyone knows any record player makers, send them in...