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Showing posts with label ViaSat. Show all posts
Showing posts with label ViaSat. Show all posts

Monday, September 21, 2020

It's Take a Village To Invest - Grow Leaders | Plant Seeds | Stocks


Investing In Yourself – Using Pillars to Build Your Core
Setting Budgets + Saving for Black Swans


How to Open My First Brokerage Account

Diversify your Life (Mind, Body, Soul, + Investments)

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African Proverb - It Takes a Village

Today I wanted to share a proverb that I believe strongly in. Have you ever heard the phrase "It takes a village" -- usually it's followed by "to raise a child" because that's where modern day society believes the biggest need is in their household. This is evident by COVID because when businesses were closed certain leaders were rushing to get schools open because they needed to 'house' children so the parents could go to work. While this is one function, it defeats the goal or objective that parents muse be at the center of their child's life and educational growth especially during the early years. I started raising children later in life so maybe I am less guilty, but still guilty as charged during my child's infant months. 

A few years back when I was going into the office, I would often come home late (due to work and long commuting) and find my child already asleep. I want to change this mentality to form a better family. My village concept is not new --- because I work from home, I walk my daughter to daycare, take a morning bike ride with my 5 year old, and monitor her school progress --- while I work. Notice in my example, we still use school/daycare BUT they support my village concept and the objectives of raising a child alongside family, church, community --- those other entities are NOT the owner or solution. I set the objective, the goal, the discipline --- the others must help support and nurture the environment. This is the same with other priorities NOT just children. 

So this brings me to Baker Mayfield and Alejandro Villenueva when it comes to the goal of improving African-American lives in the US. The African American village needs help and it takes village and community leaders to help nurture the environment. I prefer calling the objective - we are investing in the African-Americans. Yes, we need to invest in all communities including white ones BUT today we are focused on my community. I respectfully ask you all to never be the Baker Mayfield's of our village. I would rather you be Drew Brees or Alejandro Villenuava but please don't be a Baker Mayfield. Before the National Football Season, he claimed he was an ally and would kneel as he understood the objective at hand - bettering black lives. But as the season approach --- Baker Mayfield changed his tune. Unfortunately, but not uncommon, he probably succumbed to his business interests, protected his image (commercials), and caved to whispers around him. I won't leave my child with a wolf. To protect my child and village I rather that wolf tell me exactly who he is like Drew and Alejandro did. The worst is the false ally you leave to help nurture your village but actually through their actions helps to tear it down. In closing, if you don't know the story of Alejandro is shows why we must nurture villages -- he covered up the Pittsburgh Steeler approved decal of a fallen black child who was killed in Pittsburgh, Antwon Rose Jr. Instead acknowledging and focusing on the objective at hand, I saw the self absorbed culture I see to often in our society on full display. He chose to cover up Antwon Rose's team approved decal on his helmet with a name that meant something more important to him. I'm fine Alejandro supporting your military village but that IS NOT your only village. I can pray for police, military, the flag and still show support for the African-American community and ANTWON ROSE JR - a fallen black male at the hands of the police. They are not opposites on a spectrum, they are simply villages with actual lives that all must be looked after. We must grow leaders that uplift villages --- NOT tear them down.

Planting Seeds - Budgeting

For the last few weeks, I've decided to plant some additional seeds to help my village. I try to train people from all nationalities and backgrounds on information technology principles. I believe the jobs shifts in my sector have the ability to uplift and transform people's career if they choose. I then try to help place those people in the jobs of the future which is like a public - private partnership. I fully acknowledge that I benefit at times when anyone finds a job through me. If I am solving a problem, it's fair to be compensated for that to grow my mission. I wrote months back at how I helped a young man of color via a paid internship that taught him the benefits of project and property management. He shared a new story with me this weekend that made me smile, the seed is growing. I am planting a new seed that takes me back to my root (no pun intended). I am teaching another person the benefits of budgeting as they chart their path outside of their current village. The strange thing is their budget is simply an extension of a plan - a plan to be a seed that grows and adds value to those around him. It's time consuming but self-fulfilling whenever you hear I'm learning a tremendous amount. More to come.
 
Stock - ViaSat

Similar to growing people, I plan investment seeds. I tend to a large garden and have a full-time job. So I set alerts and wait for them to ripe -- my investment goal is to find value but only when the value is there. Then I go back and investigate my plant -- will it grow, or produce other seeds, or is the plant dying or worse can it cause harm to other plants. Here is one of my new investments and you'll even see the alert I set months or sometimes years ago -- reminding me of my objective to find value.

ViaSat Inc  (VSAT: NASDAQ)
Alert was set: $42.10
Current:


Disclosure - I do not own ViaSat but actively watching this stock. Like a crop in my village, I will sit down, evaluate and determine what type of investment will this be. I like when stocks are honest about their true colors, some they are only profit motivated like Drew Brees or Alejandro Villenueva. I can live with their truth. I really analyze and stay clear of the stocks like Baker Mayfield, the one's that claim they align with your objectives but in reality they do not support the mission of the village.

Tuesday, September 15, 2020

How Being Risk Focused Allows Me to Play Defense + Offense

Playing Offense - Embracing Technology to Be More Efficient

Being a cyber guy, I take a brutal stance to technology. I don't have Instagram, Twitter, or any other junk accounts to monitor my behavior, recognize my face, and tailor advertising JUST for me. Unfortunately, I have a Facebook account. But I'd be a fool to shun technology as I invest in them and understand how they attract the masses yearning for one simple thing --- human connection. I prefer to pick up the phone and chat, the most genuine form of communicating and being able to interpret the little things but we all have to adapt to the world around us. So you all would be proud of me, today, I wrote a majority of this post using a speech recognition service on my computer. In an effort to save time, I need am modernizing how I send emails and blog. I simply say open word pad and begin speaking. I understand computers, so slow and steady dictation spits out my thoughts while I work on other things or follow the markets. 

Playing Defense - When Defense Turns to Offense

For this post I wanted to talk about defense.  Being a risk manager, I often help companies play defense.  By playing defense and protecting your core assets from risk. I believe eventually, you'll hit an optimal point where you're actually playing offense.  I was recently reading an article that cited the great investor Bill Gross.  He was cofounder oOf the legendary PIMPCO bond funds.  I found what he said in this article very interesting.  To summarize, he was talking about playing defense.  He mentioned at this point there are not many investments areas to continue to make outsized returns. In my opinion, this is a dangerous place to be in a market when they're are not many investments remaining that can offer decent returns.

If you were to ask me what keeps be up at night, it would be just that --- as I evaluate most assets whether it be stocks, real estate, even precious metals they all seem to be moving in one direction...  and that's up.  I found it interesting that Bill mentioned tobacco, banks, and the geographical region of Europe as areas to invest. As I evaluate my portfolio, I believe I'm seeing a similar trend playing out.  When I filter for the stocks that have recently been increasing I find that my dogs or laggards in my portfolio are moving up nicely.  If you've read my blog in the past you'll notice that many of the stocks fall in the retail space:

RED Robin - Restaurants

Stitch Fix - Apparel

Foot Locker - Apparel

Viacom - Television and Advertising

TEGNA - Newpapers and TV stations Advertising (think USA Today and your local news)

AMC Theaters - Movies

NEWELL Rubbermaid - Consumer goods

Tapestry (Coach) - Luxury Bags and apparel


I find this trend surprising but I also welcome the frothiness of the market dissipating.  What keeps me up at night, is that these stocks are primarily  focused on the consumer. Similar to Bill's thesis of tobacco, banks, and Europe.  Let's take a quick look: restaurants, apparel, television, movies, and consumer goods. The resilience of humans is absolutely amazing.  With COVID and high unemployment still as the backdrop, you are seeing people yearning for a sense of normalcy so we do what we feel is normal -- the machine wants us to spend. And spend we are. I'm not sure if this is sustainable but I'd be a hypocrite if I didn't disclose my portfolio will do okay if these positions move up. While I hunker down, America is purchasing online I wish I owned Amazon, Target, Home Depot and Lowes but I am playing the ELECTIONS (with TV and advertising) and Gambling (Ceasars and DraftKings). Stitch Fix I was playing as a tech play but man holding on has been a long brutal wait. The rest, I can't wait to get out because like the Malls, I think the future of retail is owning the platform (Amazon, Shopify, etc.) and less the physical stores.

50c Candy Bars - My value Search

Finally, I always on the hunt for value or as my billionaire buddy Seth Klarman calls them cigarette butts. Me I called them the 50c candy bar deals. My spidy senses are looking at Viasat at these levels. Now comes the deep analysis of how to invest in a way that limits my risk --- haha finally I found something that won't keep me up at night :)

Stocks mentioned in this post: Tapestry (TPR), Red Robin Gourmet Burgers (RRGB), Stitch Fix (SFIX), Foot Locker (FL), Viacom (VIAC), TEGNA (TGNA), AMC Theatres (AMC), Newell Brands Inc (NWL)

Sunday, April 25, 2010

Back to Business...

If you haven't been paying attention lately it has definitely been back to business on Wall Street. Quietly the markets have roared up and surpassed the levels before the great recession of our times, started. We are roughly hovering around Dow 11000 and I am still interested because good companies are recovering and making money. If you go back in time, you will remember that I mentioned the good times will begin to roll again however we need to be better stop pickers this time around. In the past few years, we could afford to buy almost anything and watch it go up. Now we've learned that this is no longer the case a good pickers will be rewarded. I am not a great stock picker so I will say good and that is why I went through that cleansing period. I said if you don't see a stock as a long term hold and can't bear waiting for it to recover through the difficult times then get rid of it. And that what we did, now I would have loved to go back and hold on to my Microsoft holdings but besides that I was pleased with my focused results.

My main holdings continue to be:

Radisys - my largest position with is up fairly nicely. Since the hitting lows in the 4s this stock along with many others has rebounded and is roughly in the 9-10 range.

Collector's Universe my second largest position is poised and looking very strong. It has surprised be and scared me a bit by bouncing off of levels in the 4s and surprising coming in around $14 lately. I followed the advice of the greats and really read through their filings and statements when things were bad. As I've written in the past, they have a good representation of outside investors who have kept the company honest. They shedded non-performing parts of the business...the gem grading business if I recall and maintained their bread and butter...authentication of stuff. They also instituted expense saving processes and cut the dividend which hurt and sent investors scrambling away. But reading through the filing showed me they could continue to make the payments but wanted to reserve the cash to make it through the storm. And that they did, and when they reannounced a short while ago that they were bringing back their 25c dividend things were rolling for this company. Earnings looked good and I was buying more shares through my dividend reinvestment program. Now my holdings are going up even more and they are soaring. They just announced an increase in dividends which is bringing in more investors and we are loving it. Dividends have been increased to 30c and this company looks to be in a great position. I will need to be careful here but we are easily profitable on this trade and making steady dividends each quarter.

Burlington Northern - This is no longer a holding as we made a healthy return after the company was bought out and taken private.

I watching the usual suspects in my watch portfolio:

Legg Mason (LM)
Boston Scientific (BSX)
...and a few new ones:
ViaSat (VST)
Theravance (THX)

Keep u posted, Peace