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RE: TIB: Today I Bought (and Sold) - An Investors Journal #225 - US Banks, eSports

in #investing7 years ago

Esports continues to be a growth story that amazes me. Looking at that EA chart I can see why you chose not to chase it up. Your pick in Asia, with Latin America and League of Legends exposure seems pretty safe.

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Agreed, Esports is becoming huge! I'm in high school, and there are over 20+ schools nearby that participate in an Esports league!

The story shows the real problem we all have as investors - not enough hours in the day to do the research.

My Take Two Interactive story is illuminating. I sold out my options in Feb 2017 - reported in https://steemit.com/investing/@carrinm/tib-today-i-bought-and-sold-an-investors-journal-29-fraccing-technology-bitcoin-supermarkets-coal-computer-games

I made a 300% return and now I see the stock has gone up another 100% since then. Options trades would have levered that up another 4 times.

Feels like a big miss. I know for sure that the investment theme (Oil Services) I needed the funds for then has not done as well. That said, the game is not yet over on oil services with oil price now holding over $70 and Bank of America forecasting $100.