Scholarship table
So any fund manager who overstays their welcome, especially a momentum trader, in a sector/position and/or loses sight of the overall market dynamics is a "con artist"? Come on man.She made outsized returns cause she was super long in momentum/growth stocks during a historic bull run up/bounce. She's too stubborn to realize the market has changed and she/her positions are in trouble so she's talking up her book. Its pure salesmanship. She's not a CEO of a company lying about products and their developments. Nor is she hiding anything or selling snake oil. There is no con, what she supposed to say? I screwed up and these positions are going to be even more underwater cause our size is too big to unload quickly without tanking them?
So ... what are folks doing today?I have updated my watch list and will carefully deploy some of my cash, knowing full well that there still could be more market pain ahead.
AMZN with the 20-1 stock split and a $10B buy back. SHEESH. Almost touched 3100 AH from a 2785 close.
Buffet and Berkshire are now ahead of the S&P 500 on a 1-Year, 2-Year, and 5-Year basis, the last by roughly 17%
Buy some BRK.B and go to the annual meeting. It's worth the experience to go at least once.
AMZN has been range-bound for closing in on 2 years now. I don't know that a $10B buyback does a lot with a $1.4T market cap.Someone does need to buy TWTR, however, and properly monetize its huge user base. AMZN is effectively in the search space now and could marry that with TWTR, as well as incorporating it into Prime.
Musk taking a stake in TWTR wasn't the catalyst I was expecting. Good to know that Elon doesn't know what free speech is either."Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?," Musk said in the tweet.
FWIW, Twitter has been shadowbanning and selectively deleting tweets for years. Its not "cancel culture", its selective moderation/editing.
Yes. I agree with the policy.There are plenty of other platforms that people are free to post violent rhetoric, hate speech, and the like. Making TWTR even more of a cesspool than it already is by allowing that crap isn't in the public interest or their business interest IMO.
Thats the rosiest view of it. Its not all Q-Anon MAGA nonsense thats being censored. Your profile and posts are purely at the whim of some moderator at Twitter. Ive had friends who are very left of center shadowbanned for sports/music related posts/exchanges and no history of aggressive or offensive rhetoric. Ive had follows who lean conservative and were not rabid Trumpers who were locked out of accounts for weeks for saying the equivalent of "well this policy/proposal is f-ing stupid".TWTR hides behind "we're anti-hate speech" but then allows tons of it to go on and randomly enforces other stuff. Its not done by an efficient algorithm and there is no consistency to it.
I agree it's not consistent but it's not like Twitter has any legal responsibility to do something different. So then it's about whether they have a social responsibility and if so, what is it? That can be dictated by the market and whatever their company ethics are, and that's more or less what it is. I think it's all pretty toxic but if people (like me) don't like Twitter, they can simply elect not to use it.
TOS enforcement be like that
Which is fine, but don't pretend to be something you're not. I have no issue with Twitter doing what they are well in their right to do. They just tried to position themselves otherwise for awhile, intentionally or not, so that it seemed off brand.