Maintains full conviction in NKE despite poor performance; no intention to sell.

Nike. Um, the crazy thing about Nike, you know, the crazy thing, guys, okay, obviously the position's done awful. There's no other way to put it, man. There's no other way to put it.

We got the flapjacks flipped right on the floor. But the craziest thing is in regards to this Nike situation, I have lost zero conviction in Nike. Like, I'm as I have as much conviction in that stock as I did when I first started buying the stock.

And so, that's pretty rare. I will say it's pretty rare when you could be down this much on a position and you're like I have lost no because usually when I go down big on a stock I you know when it like if you go down like 30% plus let's call it it's kind of natural to start losing some conviction be like oh shoot okay maybe maybe maybe something's going I've lost no conviction Nike that's the craziest part of this whole situation so we'll see what happens but um Nike I haven't I have no intention to sell Nike uh you know yeah I'm still as confident as I've ever been.

It's just weird. It's very weird but that's how I truly feel.

Look at look at a Nike situation. That's been a contrarian buy for me. I've gone against the grain there and it hasn't worked. So, it's not like it's a foolproof plan. But the moral of the story is for every Nike, I got so many of these other ones that man, did they pay off handsomely, but you got to know where the contrarian opportunity is at.