$Taiwan Semiconductor Manufact

$Taiwan Semiconductor Manufacturing(TSM)$ I accumulated around 1,400 shares of TSM over several months in 2021, buying between $100 and $120 a share. Total cost was about $160,000. I was selling puts and the shares would get put to me from time to time. By late 2023, it was pretty much dead money or a losing position. I decided to visit Taiwan to get a firsthand sense of the geopolitical risk that was weighing on the share price.

The people I met there didn't seem worried about it. Kind of reminded me of visiting South Korea, where locals don't seem too concerned about North Korea either. Not sure if that's overconfidence on their part, but it was enough to convince me to hold on to my investment. Glad I did. It has more than tripled since then.

Of course, the whole thing could go to zero if things escalate. Just hope that never happens, for the sake of the people there. Beautiful country, genuinely good people.

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