Snapchat ( SNAP ) Sold ! Ahead of the Nov 7th, 2017 Q3 Earnings !

Snapchat ( SNAP ) Sold ! Ahead of the Nov 7th, 2017 Q3 Earnings !

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Today is Snapchat’s 3rd quarter earning report . I have held snapchat since June of 2017 ! My thought process when I bought the stock.  I bought it as a short term speculative play and got caught in its downward spiral ! I shared my lessons learned from this trade . I bought the stock as a short term play – however by following the stock I came to appreciate the company’s ability to innovate and release new/unique features .  From personal experience…

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Norway Bars – Oslo

Norway Bars – Oslo

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Recently I was in Oslo for a weekend . I was there from Friday to Monday . Had a chance to drop by multiple bars on both Saturday and Sunday ! Some interesting observations about Oslo Bars: On Saturday after 11 pm it was almost next to impossible to get a spot ! Managed to find a spot at the 3 Rd one I dropped by . This was in Gardermoen and nothing special. On Sunday got back to Oslo quite late…

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SNAP Position Update

SNAP Position Update

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Today/yesterday  was a good day for long holders of SNAP chat stock ! The stock has run up over 11% within the last two days ! It has also gone above the $16 mark ! If you been reading my blog you would be aware I currently hold a long position in SNAP  . I wrote about it earlier in the year !  I originally bought this stock at $17 .  I have held this stock as it hit its…

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Segovia – Day Trip From Madrid

Segovia – Day Trip From Madrid

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Segovia is a medieval town that can be visited on a day trip from Madrid. The old city and an aqueduct within the town was declared a  World Heritage Sites by UNESCO. The best part of the town is the Segovia Aqueduct which was built by the Romans. Aqueduct’s are structures build in ancient time to carry water over long areas. These aqueduct’s were build without the use of any modern tools ! This article gives a good overview of how aqueduct’s work.  The…

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Market Analysis – Oct 4th – AltaGas

Market Analysis – Oct 4th – AltaGas

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The market keeps running up  and I keep on waiting on the side line waiting for a pull back to go back in . So getting a bit impatient ! I  watch BNN top pick everyday to get introduced to new companies and ideas. Ryan Bushell an energy sector Portfolio Manager was on – taking about his past picks and his top picks. One of his top picks AltaGas [ALA-T] currently trading at $28.59 and with a dividend yield over 7.3%…

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Toledo – Spain

Toledo – Spain

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Day Trip to Toledo from Madrid  Toledo is the former capital of Spain. It is a medieval town. You can visit Toledo as a day trip from Madrid . Toledo has an interesting history .  It is a place where Muslims, Jews and Christians co-existed for a length of time period in history.  In the city you see the influence of the three different cultures in the architecture of the city and the buildings ! It is a charming city…

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Top Things to do in Madrid, Spain

Top Things to do in Madrid, Spain

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Madrid is the capital of Spain. I found it to be less crowded and peaceful compared to Barcelona . The food was definitely better ( maybe the restaurants we visited turned out to be better ?) . There are less sights to see compared to Barcelona . However, the shopping was incredible in terms of value and choices ! In my travels – Madrid had the best shopping out of all the places I have been to in Europe (…

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What is Market Risk For A Bank ?

What is Market Risk For A Bank ?

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Market Risk – is the risk that the value of your portfolio decreases based on market factors such as interest rate, equity , fx and commodity  etc. Detailed explanation provided here . Value At Risk ( VAR ) – is a measurement of Market Risk . VAR can be at the firm level or at a portfolio level. VAR – is the probability that you may lose a set % of money over a given time period.  You can read…

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Day Trip From Barcelona – Santa Maria De Montserrat Abbey

Day Trip From Barcelona – Santa Maria De Montserrat Abbey

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We had a lot of fun in Barcelona – We did many different type of activities in the city itself – you can find the details here. We had about 5 days to spend in Barcelona – so one day we decided to do a day trip ! After some research we came across Santa Maria De Montserrat Abbey . This monastery was founded in the 10th century and has been in existence for over 1000 years !! It is located…

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Top Things to do in Barcelona !

Top Things to do in Barcelona !

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To me Spain always invoked images of beautiful girls in colorful  dresses, bull fights , amazing food  and wonderful music . It is a place I always imagined I would love to visit. As such when I had a chance to visit it earlier this year- I was excited ! We  visited Barcelona first ,  Madrid second, and did two day trips to Toledo and Segovia from Madrid .  You can read about choosing between Barcelona and Madrid  here ….

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