HIVE is still looking strong (+ other progress reports)

Hive is still looking good...

I have also taken some small positions on a few other 'chancers' recently too...

BNKE

I sold BNKE a while ago for a nice profit, but then rebought a smaller position in early August again as it was still gaining. However, since suggesting it on my blog and Reddit, it has deflated again :-(

I will be buying more BNKE as soon as I see it start to pick up again, as I still see it as a good mid-term buy.

Currency Hedging

There are no meaningful results from my Great Hedging Experiment yet. Looking at the future Fx USD rate predictions, I expect unhedged US shares to slightly outperform hedged equivalents for about 6 months but there will be little difference until 2026 when I expect hedged ETFs to outperform their unhedged equivalents again. We will see if I am correct next year!

As a reminder, buying hedged Nasdaq 100 EQGB rather than unhedged EQQQ has shown an 8% greater return YTD for UK investors...

Losers!

Not all is rosy. In the interest of full transparency, here are my biggest uncrystallised losses to date...

However, I only lose if I sell them, so I am happy to wait.

Reserve cash

Despite some recent purchases, I still have about £8k in cash, ready for the expected correction.

Stock prices in London were mostly lower at midday today (Thursday 28th Aug 2025), ahead of multiple US releases, including jobless claims, GDP and flash quarterly personal consumption expenditures. Later on, a second estimate of US GDP for the second quarter and jobless claims data will be in focus.