Member Info for Rickyl

Been weeks now and a huge opportunity loss.

I've now told them I'm transferring to another platform. Final straw for me. Isa and sipp.

I think he's talking about Bill Ackman bashing Joe Biden on X (twitter) lol

I'm already very overweight PSH and would consider PSUS depending on holdings. Definitely interested in a fund of his asymmetric bets to use as a hedge too.

Cheers Fatman, not checked exactly but took around £20k loss here. Luckily I've done great this year with my main sipp pf so it's not a big deal really. Staying away from aim now and forever.

All the best fella.

Not been around much Mat, wasted years on this shiiite. I took a loss and got out a while ago. If this 10 bagged from here I wouldn't give a monkey's tuppence but still hope lths get some kind of a return. Merry Christmas.

This is probably the Sparc added as a long position.

I noticed today's Sept performance figures showed 11 long positions as opposed to 10 previously. Possibly used their cash to buy another position.

Lots of interesting stuff going on with PSH, not that anyone's watching it here lol.

Share buyback, interest rate hedge looking good, SPARC getting the OK and now Bill Ackman touting for a private company to take public and Elon Musk's X being mentioned as a company BA would be interested in. Yet still the discount persists at 36/37%.

Some good write ups about PSH in Seeking Alpha and The Times.

Surprised it wasn't mentioned.

New holding in Google $1.2B added in 1st quarter according to 13f filings.

From an attendee on twitter......
My most important takeaway was @BillAckman saying he has worked extensively on finding ways to migrate $PSH to the US. Re the Invst Co Act, he needs to find a large US target. $HHC is too small for this but could be part of the solution.
Energy hedges brought 0.5% of NAV this year. Bill believes energy prices could go much higher and retains hedges.
Believes the 30Y yield is too low and is playing this via derivatives

The investor presentation is on their website now.

I couldn't make it but I'll pass on any info I can garner from sources.

https://yetanothervalueblog.substack.com/p/james-elbaor-is-investing-in-bill?r=185xp6&s=r&utm_campaign=post&utm_medium=email
Transcript and video.

Sad man, probably took the day off work despite his laughable name.

Lorne's tentacles are all over this portfolio, David Icke would be furious.

I agree

I for one appreciate it Mat

I thought he said "circa...call it a million or so"