I sold at like $8 I think. Should have doubled down at the lows, but $naka is my preferred horse.
Discussion
It’s still very cheap if you look at the P/BYD, regional moat, size of the fixed income market in Japan, and their near flawless execution of the strategy.
Must be nice owning NAKA and have David Bailey due soft market manipulation with the $1B incoming buy that was rounded up from $700M 😂
It is nice lol 😂
What’s your thesis on naka is it a long term hold or a swing trade. Why naka over any of the other treasury companies?