Nice writeup as usual! I'm curious as to your reasoning for holding a small position in datadog - it has slowed dramatically over the past few quarters from 61% revenue growth to 25% and most folks on Saul's board have ditched it, at least for now. Can you comment?
2) The bulk of my shares are in a taxable account at $35/share (long term gains). I don't have any other immediate buys/sells to make in that account or any tax loss carry forward, so I'm willing to hold it for now until I figure out exactly how I want to handle the taxes. If I sell, I want to balance it out with a loss somewhere else so I can put the capital right back into play.
I have a small amount of shares in non-taxable accounts I keep covering at $93 and $94 but have gotten the premium rather than losing the shares for like 3-4 weeks in a row now. They are covered at $94 for this Friday, so maybe this is the week they finally trim.
In the big picture, I guess I'd rather hold the small position than have another 3.5% cash. That's not very scientific, but there you have it.
Nice writeup as usual! I'm curious as to your reasoning for holding a small position in datadog - it has slowed dramatically over the past few quarters from 61% revenue growth to 25% and most folks on Saul's board have ditched it, at least for now. Can you comment?
Good question.
1) I have enough cash for now.
2) The bulk of my shares are in a taxable account at $35/share (long term gains). I don't have any other immediate buys/sells to make in that account or any tax loss carry forward, so I'm willing to hold it for now until I figure out exactly how I want to handle the taxes. If I sell, I want to balance it out with a loss somewhere else so I can put the capital right back into play.
I have a small amount of shares in non-taxable accounts I keep covering at $93 and $94 but have gotten the premium rather than losing the shares for like 3-4 weeks in a row now. They are covered at $94 for this Friday, so maybe this is the week they finally trim.
In the big picture, I guess I'd rather hold the small position than have another 3.5% cash. That's not very scientific, but there you have it.
Thanks for the background.