I Choose You: Riding the Tegna Merger

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) Use the "SEARCH" bar to see if I've written about a topic you are interested in.	Get Updates to Your Email When I Create A New Post: Use the "Subscription" feature to receive free updates to your device.

Stop, collaborate, and listen because the Oracle is back with the same old mission. Good morning to you all out there and a very Happy Wednesday to ya. I wanted to quickly post about an investment that I've been writing about for quite some time. For a quick throwback, see these posts on Tegna (TGNA):

URBANOMICS: Tegna (TGNA) - I got the Hook Up Alert

URBANOMICS: Inflation | Stagflation | Recession - Either Way Here's How I'm Trading

URBANOMICS: How to Buy Week of 9/26 - Name that Stock Up 20% In 1 Week

When I first bought shares of Tegna (TGNA), it was thanks to a network of friends who help me spot solid investment opportunities. I call this group my Mansa Musa Network: people whose insight and instincts I trust.

One example is my friend Byron Allen. Years ago, I noticed how interested he was in acquiring this quiet, steady TV media company. At the time, Tegna traded around $12–14, and then Byron came in wanting to buy it for $20 or more. That move caught the attention of other investors, and soon a bidding war pushed the price up toward $24.

I won’t rehash the entire history, but I will close the chapter on what turned out to be a very solid investment. Looking back, it was a simple story: find value, be patient, and let the results play out.

Along the way, I sold about half my position but I held onto the shares I originally bought around $12. More recently, I added smaller positions and that brought my average purchase price to around $18.25. My goal was to trust my instinct that expected that this steady, quietly profitable broadcaster would eventually get bought out. If 5 titans in the investing world have been circling it in the last 4 or 5 years, a hook up is inevitable.

And that’s exactly what happened. As I’ve said before, a merger is a lot like a company getting married.

Tegna got chosen.

Fast‑forward to the merger deal finally closing at $22 per share, and my 2nd position in this stock turned into a nice win. A solid 20%+ return for simply being early, patient, and willing to sit through the noise.

What made this merger or hookup particularly fascinating was the roller‑coaster of headlines: regulatory delays, shifting buyer sentiment, and the usual swirl of speculation that comes with any media‑industry consolidation. Plenty of investors bailed during the uncertainty. But sometimes the simplest strategy, buying at a reasonable valuation and letting the process play out, ends up being the most rewarding. Don't believe me just read. I did a search for Tegna and added posts where I've written about this investment from the inception. I hope it helps you trade and more importantly understand the lesson of finding value and being patient -- in silly things like investments but more importantly within yourself.

I'm out, gotta start my day. Stay blessed.

Investing in Artificial Intelligence (AI) - A Change to "Exchange Traded Funds": Semiconductor Chips

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) Use the "SEARCH" bar to see if I've written about a topic you are interested in.	Get Updates to Your Email When I Create A New Post: Use the "Subscription" feature to receive free updates to your device.

Good morning out there. I did not realize that I go through spurts of writing, and I feel like my time away has been one of my longest spells. Writing is therapeutic to me, so I'll need to go back and unpack all the events that have kept me away. My list is usually the usual: There is growth when I talk about my family, kids, and their activities. There the continued growth of being a small business owner with a thriving business that hires and mentors people looking to gain a foothold into the information technology and cybersecurity world. I continue to focus on my health and be aware of the health, and in particular the mental health of and others. More to come and more to unpack here.

My next post is about the need to embrace change. I will likely do a series of posts on Artificial Intelligence (AI) and how its slowly shaping and reshaping my life and perspective. It's a tool that my team and I are using daily at work now. A tool that quickly allowed me to graphically design what different colors would look like as I imagine repainting the exterior of my office. As an example, I used AI to show you today how to identify a basket of stocks I've been watching closely. Behind the magic of AI is a need for speed, what we call compute in the technology world to spit out the answer or response that you all are looking for when interacting with AI. The power of compute starts with semiconductor chips. This technology and the companies that make chips has been on fiya. You heard me not fire but fiyaaa! So I wanted to introduce you to a way that I've been thinking about investing in AI without having to place ALL my bests in one stock. I'm late to the party, but it shows I'm watching and open to change or in this case an exchange. 

An exchange‑traded fund (ETF) is basically a big basket of stuff you can buy all at once, and that basket gets traded on the stock market just like a single share of a company.

Imagine you want to collect basketball cards of all of the superstar players but buying their individual rookie or all-star cards one at a time would take forever and be more expensive. So instead, you buy one big pack that already has a mix of cards inside.

That big pack is similar to why investors buy an ETF.

Inside the ETF “pack,” instead of cards, you, the investor gets:

• Lots of different companies

• All grouped together into one thing you can buy

• The pack can be broad and represent the entire stock market or narrow and focused on certain industries

I'm interested in owning memory and chips. Here's what AI spit out:

Memory ETFs:

ETF 

DRAM - Exposure: Pure‑play memory (Samsung, SK Hynix, Micron = ~75% of assets)

Semiconductors ETFs:

ETF	Style	# Holdings	Concentration	Fee	Best For
SMH	Cap‑weighted	25	High (NVDA ~17–20%)	0.35%	AI‑heavy exposure
SOXX	Cap‑weighted w/ caps	~30	Moderate	0.35%	Balanced semiconductor exposure
XSD	Equal‑weight	~40	Low	0.35%	Mid‑cap & diversified exposure
SOXQ	Cap‑weighted	~30	Moderate	0.19%	Low‑cost broad exposure
PSI	Smart‑beta	~30	Moderate	0.56%	Factor‑tilted exposure