Our positions

As of January 13, 2025, market close, we own common shares in Open Door Technologies. We believe that people will need a more efficient way to buy and sell homes in response to the LA fires. We are not confident that higher mortgage interest rates are good for the stock. This is a risky long position and we will likely sell calls against it periodically.

We are thinking about increasing our exposure to long-duration bonds to take advantage of near 5% yields.