Following Buffett’s Playbook
I’ve closed my position in $IREN today, locking in a solid +120% gain. This trade was just under a year in the making, and it played out exactly as planned. My goal was to at least double my money.
Over the past few months, $IREN has rallied hard, and with momentum running hot, I felt it was the right time to take profits. The stock hit my target, and rather than get caught chasing further upside, I stuck to the plan. As Buffett says: „Be fearful when others are greedy.“ Discipline and patience paid off. On to the next one.
Just in case you haven’t heard of them yet: Iren is an australian data center company that is working in two growth areas: AI and Bitcoin mining. Quite unique is that they are using renewable energy to run their computers.
