“He secured five draft deferments, the last a permanent medical deferment courtesy of a Queens podiatrist who rented an office in a building owned by his father. Davie says that Trump acquired a nickname among some of the academy alumni.” “Cadet Bonespurs.”

f.u. mr. market +91% (4/3/25 to date) (difficult times are always ahead)

“tho’ Chance produces Irregularities, still the Odds will be infinitely great, that in process of Time, those Irregularities will bear no proportion to recurrency of that Order which naturally results from original design.” 1/2

have the corner office…at the library📚

+.26% today feels like a win

35% luck, 65% attention to detail (imo) Healthcare names simultaneously popped. #$CNC #$MOH #$UNH #$MU dropped. Portfolio moved +3.5% today

#$MU trade closed. I’m not greedy—just harvesting what I see. A month or so ago, #$UNH & #$MOH popped hard after earnings, I trimmed those positions back—letting the price age & settle. The price action & chart is a go… 1/2

“Americans' financial literacy slumps to a 10-year low, new study finds” (trading gurus selling courses…) www.cbsnews.com/news/financi...

“June 2 (Reuters) - Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.”

Placing this here for a re-read & further review.

The Lex family will cross $2M net worth for the first time in four days. $2,001,859.00 (estimate, markets will roll) We feel no different. I’ll warm my ‘13 Civic up in the morning, take my apple & bagel for lunch, as usual. My boss & coworkers will never know.

Starting to look hard at #$DPZ Throw hate; I’m used to it w/ my choices. Why would you not touch it here at 15.99 forward P/E w/ a 2.5% divi.?

“active taxable brokerage” acct today’s changes & purpose~ •captured gains •raise cash (optionality) •moved out of richly-valued tech/semi 5 positions now 29% cash sold 🇯🇵 semi-cap #$DSCSY trimmed #$MOH to a 10% position +80% since Apr 3 ‘25

#$BTI American market opens further. Healthcare also popping today. Sector rotation into defensive value? Inflation a little hotter than was expected? Let’s go.

”The world wants to assign you a role in life. And once you accept that role you are doomed. Your power is limited to the tiny amount allotted to the role you have selected or have been forced to assume. An actor, on the other hand…” 1/2

Portfolio dug its way out; new ATH, 13 mo. No new changes. Have two new ideas. Not much research *yet. Need cash. What are you all seeing out there? What have you added to lately? (any country) I like ugly situations, trough earnings, any cap size. Korea (cap flows) & Canada (re-investment)? ?

Exactly one week ago, I painfully cut two losers—downshifted, pumped all my capital into my remaining best five ideas & stayed high in the turn.

Strong showing for #$CNC on Revenue, Earnings Per Share. HBR was acceptable, managed $1B in debt reduction, & is projecting an expansion of their adjusted EPS for 2026. Up 6.85% early trading.

She’s run up over the last month +34% (see chart)—& reports tomorrow morning *before *open. Her track record for beats in slide… No ultra-strong opinion in either direction. I’m holding through. #$CNC

SPX vs Lex ~ volatility I’ve endured (photo 2nd slide) Probable upside f here, both short & longer term. It’s somewhat probable CNC will be treated favorably after their print on Tuesday. BTI’s chart is favorable; I leaned in recently. IBKR is longterm growth; no worries—added. DSCSY dropped… 1/2

Centene on the move, leading up to earnings. #$UNH positive market reaction #$MOH positive market reaction #$CNC

Molina Healthcare #$MOH quart. adj. earnings $2.35 per share (mean: 18 analysts $1.92) Wall Street expected: $1.02 to $2.73 per share. Up moderately after hours. Revenue $10.80 billion (analysts expected $10.87 billion) #$MOH 19.9% of portfolio, <13 mo. +53.19%, 6 positions, 35.5% exUS, 7% cash

#$CNC Never *ever advice… Double-digit position here. No talk about it on platforms. Been holding this for some time. Very well run. Putting this up for fun. Earnings Apr. 28th (Tues next week). A good feeling it’ll work—now or later. 1/2

Doing my thing. Couple big decisions today. #$NVO out. (growing competition, fewer ways to defend moat, getting worse, took f loss) #$TDG out. High qlty, highly levered play needing falling rates. Bad entry getting worse. Trimmed #$UNH to 9.5%(win) Added to #$IBKR +51.5% <13 mo., 6 co’s, 20% cash

#$UNH “reported Q1 earnings of $7.23 per share, beating the consensus estimate of $6.46 by 11.92%“ “Rev reached $111.72 billion, surpassing estimates by 2.07%” ”Medical cost ratio down to 83.9%” •UNH +7.6% premarket •holds 14% position in my portfolio •effecting #$CNC #$MOH positively premarket

“Japan lifts ban on lethal arms exports for first time since Second World War”

Book recommendations on the subject of taxes & investing. Considerations around taxable brokerage accounts, trading, foreign holdings, etc.?

“active taxable account” Fully invested. Sold out #$IMB Imperial Brands, folded it into existing #$BTI. All positions double digit, except one. Eight companies. +50.64% 12.6 months (inception). I do not view my portfolio as risky longterm. Besides what I’m sharing, I’m maintaining radio silence.

If you read this, and happen to be an avid investor—let yourself be known. I look into accounts & occasionally add them to my list, “Lex Investor Black Book.” It’s how I attempt to filter out chaos, & is available to anyone to pin. Cheers.

“Almost two weeks ago, we kicked off our strategic shift in our weight loss business and shipped our first #$NVO medicines. We believe we’re on track to deliver more than 100K prescriptions for Wegovy products every month.” ~ Andrew Dudum, Founder & CEO of HIMS

Report & Block. Sorry guys. Yes, another scammer. Please & thank you. @ lexington65

Biggest T.A.C.O. in history. (so far)

“Turns out, rapists don’t make peaceful presidents” ~ every Republican

#$UNH #$CNC #$MOH “CMS finalized its ’27 Medc. Advantage & Part D payment policies, projecting a net avg 2.48% increase, or more than $13B in additional MA payments. […] keep the ’24 MA risk adjustment model & exclude most unlinked chart review diagnoses from risk scores starting in ’27.” (h/t WSE)

Today’s used book purchase. The “Finance & Investment Handbook” is an old textbook by Barron’s that has a 533 pg. “dictionary of finance & investment”. It’s 1,392 pgs. in total. I negotiated a 65% discount because it was “old af & only .5% of the population would ever be interested in it” (me 😆)

Please block & report this impersonator account: @ Lex596

(systemic risks in private credit) “real threat, imo: private credit is part of ubiquitous risk taking & speculation. Only when a shock (high oil prices?) puts t/ financial system under stress might t/ consequences of lax underwriting & risk management, & interconnections emerge.” (Greg Ip ~ WSJ)

We all know…

Yup—it’s some reading. What, you think becoming a decent investor doesn’t come with a price? read. it.

Allocated contribution in taxable “active” brokerage acct. Purchased additional shares: #$CNC #$NVO

#$NVO This story may still be in its first chapter. (h/t HatedMoats)

I’m staring at this—imagining the possible consequences.

“South Korea's Kospi stages a sharp rebound, surging over 12%, on course for best day on record”

“American Bitcoin” -90% market value “The crypto wipeout that vaporized $1 Trillion in market value over the past 3 months has afflicted all corners of the industry—including the numerous crypto ventures tied to President Donald Trump's family.”

“The ability to just let go of short-term performance is one of the greatest advantages an individual investor has over institutions and fund managers.” (Sidecar Investor) 1/2

The patient collector of fundamentally well-priced shares watches, avoids rash decisions, accumulates, knowing time is the arbiter of returns. …now—cool your d*cks.

people coming ‘round ya’ll

Bear-porn? Maybe…

“There are a handful of excellent books on accounting that are worth reading carefully.“ ~Mauboussin