INTC was not a good buy, I am indeed averaged at 50. But it is my 22nd largest long position. My largest is XOM, which I am up on in a down market. And INTC did well for a tech stock.
I have good results shorting tech stocks, but not buying them. I often have good tech stock entry points at bear market lows, but I tend to sell when I am up 50-100%, and never let them ride way up.
The same post I said I was going long INTC I said I was buying puts on Coinbase. One of them I purchased was deeply out of the money and cost like $1.20, but went up to $60 as COIN crashed. I sold for a 5x profit rather than hold for a 50x.
Short RE stocks is something that I find hard to do, but also the better option to hedge a RE downturn than selling any of my appreciated RE and paying a ton of capital gains tax.
My worst tech stock investment was iRobot. The idea is they are the only public company making profitable consumer robots, which will eventually be a big thing, and also they have a bunch of patents. I still believe that thesis, but I rode them from 30 to 100 and now back to the 30s, and unfortunately I averaged up a few times above my low initial entry point.
