I just went all in... what I bought | diamond hands

hey how's it going let's talk about the

stocks i bought during

the crash so we had one heck of a crash

here in the last

few weeks and i always like to review

the stuff i bought you know i send

alerts when i buy things to

all of the course members but it's nice

sometimes just to look back

in review and look at where i

concentrated my funding

and look my point of view is when we're

in a correction

you put your money into your highest

conviction

place that is the time to concentrate

down into what you think is going to

create the highest return on investment

and uh what i did recently or through

this crash is i really looked at

companies that i thought sold off over

30 percent

because i thought they were going to

rebound very quickly uh these

are uh also within my high conviction

group so for example i might have very

high conviction on

apple but apple sold off maybe like what

13 14

i mean it's kind of like okay the s p

sold off four

percent you know at a low am i really

going to add to the s p

at a four percent decline or apple at a

14

decline when i can go pick up deals for

33

off it's kind of like when you go to the

chocolate store and they're like oh over

here this is the clearance rack

well given that this is a consumable and

i don't care because i'm going to eat it

enjoy it and be done with it

i am going straight for that clearance

aisle especially if you go into like

godiva it's like hmm i want a good knife

or clearance

that stuff's always sold out though like

the amount of time you clearance stuff

and godiva is around

very very rare and it's kind of like in

my high conviction aims the

times that we have clearance on some of

these stocks very very very rare

so what i figure we could do is we could

take a look at this spreadsheet and

first i'm going to tell you what my

margin percentage is today including

cash

i'll explain that and then we'll go in

reverse order of the stocks that i

bought

so we'll start with the smallest ones i

bought and just a really quick snippet

as to why and and then we'll go on to

the next one

okay so margin including cash today so

the reason i did this is

right now because things are a little

volatile when when things hit the fan

and i start hoarding cash i don't

immediately pay down my margin

the reason is if you start paying down

margin really fast and a broker gets

their nose out of joint or whatever and

goes that's it

we're not gonna let you draw anymore

we're gonna shut down a line of credit

that you

have you don't have access to that cash

anymore even if you weren't

at a potential margin call so when

things get nasty

i grab all the cash i can from all the

places i can

and i go okay i got cash to play with

and so

uh we've we've got uh somewhere around

two eight uh

that we've got sitting around so that uh

i'm

going to use to pay off my margin i have

not done it yet

that's why i'm saying here margin

percent including cash

today so drum roll based on my entire

portfolio

presently my margin today is 29

that's not horrible for what we just

went through that's pretty good

uh some of the recent buys really helped

because we get some smoking hot deals on

some of the recent buys which obviously

uh

you know help because when you get cheap

deals and then they go up you actually

reduce your margin

even if you use the margin to buy them

because they're more expensive now it's

kind of like when tesla was in the 500

it's like ah

it's more expensive now but anyway uh

okay let's go in reverse order here so

uh the first stock that i bought

uh oops uh let's get the uh there we go

there we go the first thing i bought was

airbnb i threw 19k into this uh so

airbnb

is not a company that i've gone really

really deep yet on fundamentals here

uh i i did an analysis pre-ipo

uh i thought hey you know what i don't

know i might want to wait this one out i

want to see how the winter quarter goes

before i consider going heavier on this

one

airbnb crushed it absolutely dominated

earnings

so i put a little bit of money into this

one uh sometimes i put money into

companies

as a way to get these on my radar so

that way i could start doing my

fundamental deep dive because i

am like a squirrel and it's pretty bad

if if i don't if i'm not invested in the

company i'm less motivated to do

a fundamental analysis or even an update

on them

i guess that's just a way of

prioritizing so anyway airbnb

i like the stock 19k it's the smallest

uh position that was really added during

this crazy period of time

shift love this company i've added a

chunk of money uh to this one

i've really built this position out i

don't want to

go crazy on this position because we're

waiting on wall street to actually

realize this company

is a crazy good deal i mean anybody who

wants to learn fundamental analysis

compare shift and carvana and you're

gonna go bring how does everybody not

own shift it's so undervalued relative

to

vroom carvana it's in the used car

business

uh online used car selling uh it's it's

ridiculous

anyway love the stock i did put a little

bit more in

during uh the latest madness x-ping so

you might have seen earlier i showed my

weeble with a bunch of these sales that

i was doing in an earlier video that i

showed

and uh i posted obviously i talked about

these sales back in march 16th i talked

about them on the public channel

uh broadly i put all the details in the

course

on the sales i actually did sell xsping

i think it was somewhere around like 46

bucks or something like that i bought

back into this at like 32

which is for maybe it was 33 but anyway

really awesome put 30k in

uh this is a good one uh this is a high

conviction name for me so now we're

gonna start seeing conviction really

start going up here so x bang love it

redfin very high conviction name forty

three thousand dollars into redfin

i've got over probably now 1.3 1.4

in this stock it's a lot in the stock a

lot of that being gains

they've been riding this one for a while

and it's just done very very well so

very happy about redfin but i did add on

the dip to redfin

i did add to api now api i'm actually a

little bit upside down on i bought this

one from the dip from it was really high

uh but this one definitely kept dipping

uh and it is still a little bit upside

down i think i got this one at 72 bucks

but api is that

infrastructure behind clubhouse and

api is not really in the media right now

it's kind of fallen

uh we've gotten kind of like hidden away

over these last two weeks of the crash

but i got 50 4k in api another one i

really am planning on getting a deep

dive down into

probably airbnb because i might want to

add here we'll see then i'm going to go

api

i want to work my way through some more

of these fundamental analyses

i try to get a good you know at least

two or three fundamental analyses done a

week

at least for myself and if i could

publish content on them then even

better but the fundamental analyses take

a long time for me

so and i don't want to sit on the

sidelines and not be in a stock

either while i wait to finalize my

fundamental analysis uh which i know is

potentially just a

sign of impatience but that's what you

get anyway then i got 85k and etsy

you all know i love etsy etsy's

advertising model is

freaking awesome uh they share the

advertising costs for their business

with the sellers when their products

sell through the ads it's a brilliant

model to not only

increase seller satisfaction but also

increase customer satisfaction

by giving people what they want

pinterest redirects a ton of their

traffic to etsy

absolutely phenomenal platform this

company is here to stay

and i really think it's undervalued as

uh for what it is

uh this company has so much so much more

potential

frx all right so mike's fitness this one

had so

much freaking media hype i think

intraday it hit like 16 dollars a few

weeks ago

this had a major major major hype train

behind it

uh after the announcement that disney

executives were partnering in on the

spac

i mean it blew up on spac day it blew up

with media attention thereafter

obviously then we went into market crash

period and the stock plummeted

in value which was the perfect

opportunity for me to buy in my opinion

i got into this just shy of 11 it hasn't

gone crazy again since then but i'm

happy with my purchase

i'm working on my fundamental analysis

for this one as well

i would say my next big ones are airbnb

frx

and api these are the guys i really

gotta get my fundamental analysis in on

but you'll see that these are lower on

my list we've got

you know some big purchases over here on

my my really high conviction stocks

so uh sometimes i will make a position

play before i have my fundamentals done

all right let's keep going here ah ghvi

love this stock so i've got probably

around

600k in this stock now and if i had to

rank these by by

size of portfolio size so far redfin

has the most here etsy's probably right

at about a mil

ghvi is probably about 600k and then

these guys that i haven't done the

research on right here the

air well airbnb i've done initial

research on these just enough to feel

comfortable actually investing on them

but like the deep deep dive uh those

that's all i have in these guys so i'll

mold these that's my entire position in

these guys

these are sort of the new opens that i'm

working on but anyway

uh yeah ghb is probably about a 600k

position but anyway this is uh got 118.8

in it that i bought just in dips here

uh i mean this this stock i mean it went

down to like 12

and i'm like i can't not buy it at these

prices

uh most of my purchases have been around

1380 so i was able to lower my cost

basis on this one which is freaking

awesome like matterport

is going to change the world when it

comes to architecture

insurance real estate you name it

matterport

matterport's common folks it's common

for us uh okay so then we've got

palantir

oh volunteer 124k in a palantir

such a lovely stock i'm really building

this position out i refuse to buy this

stock over 30.

uh people were talking about being

excited about this running the 38 and

i'm like oh well i guess i missed the

boat

i held my discipline i waited for this

thing thing to fall under 30 and when it

did i dca'd straight down

as the market was crashing so this one i

added a nice 124k

to the existing position i have probably

in this one for about 400k now which is

awesome really do like palantir very

bullish on this one

neo another 127k in that probably puts

neo somewhere around

650 700 for me uh love this company

i'm not sold 100 yet on the battery

swapping but

on my deep dives this company is a

competitor uh this company is not only a

competitor but it's here to stay

they are innovative they are customer

centric first they're focusing on the

quality market

i'm not convinced yet that their et7 is

the best direction for them

as opposed to doing what x-ping is doing

and going with a less expensive car

but i do prefer both of these over lee

auto which is

technically a hybrid which a lot of

people bag about

or bag on for and i really want to see

lee auto mature into like that

battery frontier but neo hands down

one of my high conviction stocks and i'm

pretty ev heavy i mean eevee is

is one of my my one of my top priorities

maybe one day i can get myself i can

work with some

biologist researchers and i can really

wrap my head around genomics

because it's an industry that's so

fascinating to me i can't wait

but uh that day will come anyway let's

go on to the next one

so then we got pinterest yes yes yes yes

the beautiful thing about pinterest is

it sold off

much more than etsy did so that's why i

added almost twice

as much to pinterest as i did etsy etsy

i kind of bought pretty early in the

dips

because the other things hadn't dipped

much yet so

most of these other purchases happened

well after the etsy purchase but this is

all since february 19th

since i did sell stocks on february 16th

which by the way some people are

wondering like oh well kevin if you sold

stocks on february 16th does that make

you a paper handler

i don't think so i think paper handing

is when you

sell when the market is collapsing like

if you sold stocks between february 19

and ah there were some green days in

between there you know but like

march what eight something like that uh

depending on why you sold i mean look if

you were getting margin called that

makes sense if you're selling for

fundamental reasons maybe that makes

sense

but i think that's potentially more of

like

you know not to mention any names but

let's just say there was somebody whose

name

rhymed with chamath who sold like

two billion dollars out of virgin

galactic and just completely sold out

while the market was collapsing

maybe that's a little different okay but

i didn't sell while the market was

collapsing i sold before

uh but anyway that gave me the capital

to go shopping during this time

but anyway uh so that's pinterest 155

then we got cciv i added 242 to this one

love my ev sector lucid motors a lot of

conviction here

uh then we had an end face huge

conviction on end face high margin

products high quality products

really really excited about these and

then folks

the last one the biggest

the most high conviction stock i could

ever

pick is obviously a company i would add

a crap ton of money to especially since

the darn thing went into

not only the 600s where i bought a lot

more but the 500s for like three days it

was in the 500s

folks tesla got almost

800 thousand dollars from me so

i mean this should really give you a

glimpse in terms of uh conviction

prioritization here

relative to uh you know how much in

market value some of these dropped

so uh this was all between feb 19

and uh tuesday march 9th

so we picked up some good deals i'm very

happy

that added to these positions uh very

very excited i've concentrated my

portfolio a lot now

because i got rid of a lot of things

that i just don't have

as much conviction in that doesn't mean

i don't like the stocks

but there are some stocks that you know

look i have more belief

in uh in in tesla for example than uh

you know some other of the companies

that i sold and then

that's the way investing works right you

concentrate where

your highest expected return is and it

honestly would be stupid not to do that

so uh very happy with all of these

positions especially since they helped

me

also uh reduce my margin especially uh

you know the latest recovery that we've

had here

and the cash helps a lot i am going to

get this down to

20 so uh then i'll be really happy then

i'll be ready for the next crash and

we'll go shopping again so

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