Ride the Wave 18 - Stock Market Winners

~511K Covid19 USA cases

Beat the S&P500 by riding the winners. This is my plan to build wealth using simple trend following tactics like adding to winners, cutting losers, and buying companies that I know and understand.

No idea where/how to start investing, email me!


Stay invested in the long game! Timing the market is unpredictable and a guessing game.


Proven Winners

Disclaimer: I am not an expert. Financial decisions based on my newsletter are your responsibility. I write this letter for educational purposes. Formulate a plan that works for you.

The position size won’t equal 100%. I have small positions that I like to watch/track and build to. Once a company’s position size is greater than $VTI/VOO, I will add it to the table.


Journal

SQ - Jack Dorsey, the Twitter and Square CEO, made headlines this week for generously donating $1B of his ~$3.5B net worth. Dorsey is quite impressive and his company Square looks to be changing the game. I haven’t used the Cash app much, but plan to very soon. My favorite feature of Cash app is it lets those who are unbanked invest in companies for as little as a $1 with no fees. If interested in downloading, use this link and we’ll both get $5!

SIX - Six Flags


Minor sells this week:

  • $WK - tax harvesting

  • $INTU - shady company. I don’t trust them and it’s hard to win back trust. If customers don't trust them, how can they be a longtime winner.

  • $BMY - outside my circle of competence (looks like great company)

  • $ZM - feel like there is too much hype. The expectations are unreal and they face tough competition. None of these necessarily matter with a great founder and great product, but I'd rather build to this position when expectations are lower.


What I’m up to

Some Good News:

Jim from the Office delivering funny and feel good news for us while we deal with the pandemic.


Some Feel Good Stories:

David Ayres

Is a 42-year-old who beat cancer twice and had a kidney transplant. He’s also an emergency goalie. Per NHL rules, there are 2 guys in the stands at all games that are ready to be an emergency backup for either team.

On 2/22, the Carolina Hurricanes needed him in Toronto. Ironically, David has ties to the Toronto Maple Leafs. He is a Zamboni driver for the Toronto Marlies, their American Hockey League team affiliate, and works maintenance at the Marlies’ arena. He has even spent the last eight years as a practice goalie for the Maple Leafs and Marlies.

With David Ayres in goal, he lets up 2 goals on the first 2 shots. He then stonewalls Toronto and the Hurricanes win. David

  • becomes first and only emergency backup goaltender to record a win in NHL history

  • gets standing ovation from the home crowd he just beat

  • has a day proclaimed after him and becomes a legendary jersey purchase for thousands of fans

  • practices with Toronto the day after beating them


Keanon Lowe 🏅


David Wells Perfect Game 🍻


This newsletter was made while chewing 5 Gum! 💙

📚📚 recs!

Thanks for reading!

✌️ Luke