Scottish Mortgage Invest... Share Discussion Threads

[quepassa] 16/2/2023 17:04

2615 refers

[lord loads of lolly] 16/2/2023 16:43

quepassa - no it doesn't. As I've previously said, it merely shows how you resort to childish name-calling when you can't counter valid criticism. But I'm not going to waste any more time on you, as you seem incapable of re-reading your own posts, let alone understanding other people's.

[quepassa] 16/2/2023 15:32

2615 refers

[lord loads of lolly] 16/2/2023 14:56

quepassa - I'm afraid post 2615 merely shows how you resort to childish name-calling when you can't counter valid criticism. Easiest just to ignore your irrelevant posts going forward methinks, as they bring nothing useful or pertinent to the party for any serious SMT investor.

[quepassa] 16/2/2023 12:01

Get a grip.


Post 2615 refers

[lord loads of lolly] 16/2/2023 11:38

quepassa - the inference was clearly there: "Illumina is UP 8% today. ScoMo's third largest holding @ 4.1% of total portfolio". It doesn't take a "wild" or "erratic" imagination to draw any conclusions from this. If you didn't want it to mean anything, why post it at all? Sure, it may be interesting to Illumina holders when their shares go up 8% in a day. But this board is meant to be about Scottish Mortgage, not Illumina. As for green upticks, reminiscent of gold stars back at school IMHO. Might motivate kids. But adults? Not so much. Unless they've still got the mindset of a child of course.

[livewireplus] 16/2/2023 00:55

Scottish Mortgage rallies after a miserable six months as troubled US tech sector finally turns a cornerhttps://www.thisismoney.co.uk/money/markets/article-11755227/MARKET-REPORT-Scottish-Mortgage-rallies-tech-turns-corner.html

[septblues] 15/2/2023 17:03

since most of these trades are algorithmic trades how right is the computer? by SMT buying in the market it thinks the computer algorithm is flawed.

[quepassa] 15/2/2023 14:54

just which part of my post said that any conclusion was to be drawn?
where did I say, or suggest that?

Come on, where?

that is nothing other than your increasingly wild and erratic imagination that any conclusion was being suggested and was to be drawn.

if you actually bothered to read my post, it was commenting in isolation on Illumina -such as I frequently do on other companies.

When a stock moves 8-10% in a day, that is interesting per se.


You should pay attention to the two green upticks on post number 2615 and reflect thereupon.

[lord loads of lolly] 15/2/2023 14:06

quepassa - you may not like criticism, but that doesn't mean I missed the point. How can it be relevant to draw ANY conclusion from the movement of just one holding in an investment trust like SMT? Still waiting.

[quepassa] 14/2/2023 23:27

1. Thank you, topvest.

Differing views politely expressed are always welcome.

2. Palantir closes up 20% - with a lot further to go.

[topvest] 14/2/2023 19:05

Hi QuePassa - keep on posting. I take a much more contrarian view on the US and tech stocks, so don't really agree but your posts are interesting!

[quepassa] 14/2/2023 10:21

For followers of BigTech -although not an investment of ScoMo- a fascinating Annual Letter to shareholders from Alex Karp, CEO of Palantir which has just turned in its first ever profits.

Some interesting observations on the role of AI, how Silicon Valley operates and how a technology company can rapidly accelerate.

In many ways, a good example and reminder why ScoMo's ethos of early investing in technology can pay handsome rewards:-

hXXps://www.palantir.com/newsroom/letters/2023-annual-letter/en/


ALL IMO. DYOR.
QP

[quepassa] 14/2/2023 10:11

As always, you miss the point and have nothing worthwhile to say or add.

As always trying to find fault with what other people say and to decry them.

You are a worthless and miserable specimen. A truly nasty piece of work.

[lord loads of lolly] 14/2/2023 09:54

quepassa - Wow! That in itself means SMT would increase by just under a whopping third of one percent. Never a great deal of point in looking at a single holding in isolation, when SMT has 34 holdings of 0.7% +. And many more if you include holdings under 0.7%.

[quepassa] 13/2/2023 19:31

Illumina is UP 8% today.

ScoMo's third largest holding @ 4.1% of total portfolio

[quepassa] 02/2/2023 16:10

Now.

Tesla +8%
Amazon +6.5%
Meta +25%


ScoMo +7%




Tomorrow's NAV will be interesting


ALL IMO. DYOR.
QP

[quepassa] 02/2/2023 08:38

1.

Consider.

How rapidly things can change.

Bellwether Amazon had crashed to $82 by late December.

Less than six weeks later, it has rebounded by an astonsihing 30% to $107.

That's a lot of institutional money going back into Amazon.

2.

And.

Some big moves on NASDAQ in after-hours trading yesterday.

Just look at Meta.

Zuckerberg's Meta soared an astonishing 20% yesterday in after-hours trading on a massive 4th Quarter revenue beat.


3.

It would be hard to ignore these big moves on NasDaq to the upside.

It would be hard to ignore the amount of money going back into the BigTech sector.



ALL IMO. DYOR.
QP

[lord loads of lolly] 01/2/2023 14:11

hohum1 - that may be so, especially whilst inflation continues to rage. But assuming inflation rates start dropping dramatically by the autumn, global economies could well look quite different by then. And "value" stocks might look less of a safe haven in the interim, assuming a global recession/stall between now & then.

[hohum1] 01/2/2023 11:19

It’s often the case that the bull market darlings from one cycle do not lead the recovery into the next.
After the tech boom, it was financials which led into the GFC (remember RBS was the biggest bank in the world by assets). Mining stocks led after the 2008 crash and then FANGS / technology had 10 years in the sun. SMT played the mining into tech switch incredibly well but has had its time. Maybe it’s cheap value / small caps for the next 2-3 years but we are unlikely to see SMT at £15 for quite a while

[barony] 31/1/2023 16:59

😀yup!

[casket1] 31/1/2023 13:33

Would that be an asthmatic snail with a club foot, carrying some very heavy shopping ??

[barony] 31/1/2023 12:21

Recovery here is slower than a snail’s pace! Very frustrating.

[lord loads of lolly] 26/1/2023 09:27

topvest - you may be right. But SMT claims to have a robust proactive approach to revaluing its unlisted holdings: "As a minimum, a third of the private component of the portfolio is evaluated each month, so each three-month period delivers a complete portfolio valuation." If true, this should mean there isn't anything like the type of lag you refer to. Though of course, unlisted valuations may continue to trend lower. More details on its revaluing policy can be found here:

[topvest] 25/1/2023 18:34

Private assets have been slower to adjust than listed markets. I suspect that a lot of unicorn share placements in the future are going to be at lower prices than current valuation. The new reality will take a couple of years to work through into valuations of illiquid investments.