IA Daily Digest (July 18-19, 2024) (Patreon)

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: 18 July 2024 - 19 July 2024

• Tesla:

  • 1.99% APR:

  Starting today, Tesla is offering a loan rate of 1.99% APR for all new Model Y finance orders in the U.S. Promotional rate applies to finance terms from 36 to 72 months for new vehicles. Orders must be placed by August 31, 2024 to be eligible, and take delivery by Sept 30th. ⁠

• Crypto:

  • ADA/SOL:

  Holding ADA vs SOL in the same timeframe left 5,500% on the table.

  • JUP:

  JUP has reclaimed $1.

  • SOL LILO:

  Crowdstrike:

  • CRWD and MSFT outage has caused a widespread disruption across multiple industries and countries, making it one of the most significant IT outages in recent history.

  Trading and Investing:

  • Miner Allocations:

  IA shows his miner allocations. Notably, he is 81% CLSK, with 19% in RIOT, BITF, IREN, and BTDR. He also stresses NEVER hold more than 5% in Miners ie his Miner Bag is under 5% of his assets and these will be the first thing he rotates out of. ⁠

  • Nancy Pelosi:

  The Queen of Insider Trading, Nancy Pelosi, just filed new stock trades! JULY 3rd 2024: She bought ~$5 MILLION worth of LEAP CALL options in Broadcom, $AVGO. PS THAT IS A LOT OF CALL OPTIONS. JULY 18th 2024: She knew MSFT and OpenAI was developing a new AI Chip with Broadcom... $AVGO In a proper world this would be illegal. This is also why you will never see a poor politician. ⁠

  • Less is more:

  IA's investing philosophy of "less is more" combined with the aggressive approach of "going for the jugular" forms the basis of a concentrated, high-conviction investment strategy. This approach, as exemplified by the focus on few assets eg MSTR SOL CLSK and pair trading between MicroStrategy (MSTR) and Tesla (TSLA), aligns with the idea that superior returns can be achieved by making bold moves on a select few opportunities rather than diversifying across many investments.⁠

  • MSTR/TSLA:

  IA has swapped just less than 2% of his MSTR bag for TSLA at 7.3 TSLA for 1 MSTR. ⁠ This is an experiment. Either way he feels obscenely overweight MSTR.

  • MSTR synthetic Long:

  IA has synthetic longs that cost him 9 dollars and MSTR is up $228 today. This investment has been bonkers. That is 2533% ROI in one day excluding the thousands of percent since the $190 strike. What a time to be alive.