May 13Liked by Tiago Dias

Great write up. The decision to hold or sell I think depends on if your investment thesis has changed, if you see better opportunities elsewhere, or if you expect a recession/market slowdown.

You're paid a decent dividend while you wait for better opportunities, as you probably have a yield on cost around 6%. Also, they report earnings next week, and FL seems to usually beat expectations, which could bring the share price higher.

On the flip side, I'd say few people will buy new sneakers if a recession comes later this year.

Not investment advice, but personally I'd hold for now and reassess over the next few months.

Also thinking about the Options strategy you shared last week. If you have enough shares, you could sell covered call at the price you're happy to sell the shares at. (If I understood it correctly)

I'm more a buy-and-hold investor, I only sell when the investment thesis has changed, so these are just my own 2 cents :-)

Expand full comment