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Stocks A to Z / Stocks K / CarMax (KMX)
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Author: DTB ✭  😊 😞
Number: of 37 
Subject: Re: Q1 was pretty good
Date: 06/26/2023 4:15 PM
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im surprised that you sold half given it was just 4pct position.

Don't rub it in!

Are wanting to hold cash or was it to put in an alternative invest you deemed more attractive

I have indeed been paring back my equity exposure, now down to 70%, so I trimmed a few things like Carmax. Also, I had a long position in Carmax and a short in Carvana, so when I covered most of my Carvana short, I closed a bit of the Carmax too. After today's share price drop, I may increase Carmax again, I think the price is still attractive.

dtb
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