Picking stocks

After a good and tiring weekend, I felt that I recovered well and have been feeling great especially the last couple of days. I’m feeling well rested, healthy, and productive. It’s amazing what simple good habits like going to bed at the same early time and waking up at the same time can do for your health. It all starts with sleep and everything else like my health seems to fall right in line with some good rest.

On another note, the big news of the day was Nvidia’s earnings. The company reported earnings that once again beat expectations. Demand for chips continue to rise and it does not appear to be stopping anytime soon.

Of course, the stock fell 3% in after hours trading as the beat was “already priced in”. Somewhere a degenerate who has a leveraged bet on $NVDA is screaming in anger as the stock drops while the company releases great earnings.

Nowadays, I don’t follow the markets or play the single stock game as much as I used to. For one, I don’t have as much time to do research into these companies. I used to love following companies and researching it, but my day job requires me to do the same in the private markets and the appeal has mostly disappeared.

Probably more importantly though, I now have a family to take care of and I need to be more responsible with my money versus gambling in the stock market. Most of our money is being sent into broad indexes. I still have a small side pot of dry powder that I’ll gladly play with from time to time though. I’m always looking for some opportunities, just not as often as I used to.

I take off the rest of the week as I head to Baltimore to see Sophia’s parents for the last time before we’re locked down for birth. It’ll be a nice and casual end of summer trip for us. I hope to get some good rest and eat quite a bit of crab out there.