10/27/26 - $nu - Maybe some day again.Nu Holdings Ltd. Class ANYSE:NUVROCKSTAR10/27/26 :: VROCKSTAR :: NU Maybe some day again. - unlike last time where it was (still less) obvious that Lulu rigged the election - this time you'd have to have the IQ of bat soup from Wuhan to believe he didn't do it again - so with that. you either get fiscal responsibility or Venezuela in Brazil (suddenly and than all of a sudden) - I won't be there for any of it - i believe Nu is a one of a kind company - but just like i don't invest in Chinese VIE's, i'll put this in the exact same bucket. i don't invest in North Korea, full stop. - no exceptions - I don't "care" that it still looks like 10x EPS growing (make up a number). I don't see the scenario, now, where in the say 6-12 mo Nu can break $20 and keep running - and I see many such opportunities that are less complicated (but still complicated in their own right, namely SBET and CBRS). - therefore, I see no value of having a 3-5% position in a name like Nu and playing the trading game. I'm not a trader, I'm investor. and the known unknowns here are unfortunately too important to ignore. - i feel worst for the Brazilians that will have to endure this crushing defeat to whatever "democracy" is left. full blown communism is probably for some, but not for me. - so. i've sold 100% of the position - took my lumps and will move on. - sucks, as it was one of the very few single names that had massive potential in the coming years. now they'll have to prove US, expand aggressively ex-Bz latam all while controlling the speech and NPLs and sky high rates and who knows what else a dictator will throw at the poor citizens. - as the saying goes: - "you can vote your way into communism but you can't vote your way out" - and sadly: - "brazil is the country of the future... and always will be" - godspeed V