About five months ago I had bought Linkedin shares . This was right after Microsoft announced they would be buying Linkedin shares at $196 per share. One of my main drivers for buying these shares were because they were trading at below the price Microsoft had agreed to buy them at. They were trading between $191 and $192 at that time. I believed this to be an arbitrage opportunity. You can read about my thought process here . The definition…
Las Vegas was my first trip with friends . I was born in Jaffna, Srilanka, I migrated to Toronto, Canada when I was 9 years old , I went to University in Ottawa, and I worked in Seattle right after graduation . All throughout undergrad and grad school I was not interested in traveling or vacations. When I was in the last year of my grad school, one of my good friends reached out to me during Christmas time wanting…
When Trump won the US presidency I expected the markets to take a beating. It did not. If he were to implement some of the ideas he talked about during his campaign it will hurt the American dollar, but there is also a very strong argument that the US economy will be in a strong state due to the proposed 15% corporate tax rate. Gold is something you invest to guard against inflation, and at times of uncertainty. So let’s…
Last Monday (Oct 31, 2016) I sold my Enbrdige shares and took profit. When you hold stocks it is important to take profits periodically. I have owned Enbrdige since February of this year ( 2016) . You can find the original article I wrote about Enbridge here . I also reported on progress on how this share was doing in June. You can find that here . There were a few reasons for taking profit (selling): I was targeting a return of…