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Author Topic: Investing Thread  (Read 247237 times)

tower912

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Re: Investing Thread
« Reply #3025 on: November 17, 2023, 01:16:31 PM »
If Trump is the nominee, any vote for him is for the end of the American experiment, for strongman fascism.

Give me Harris.

#project2025
# redCaesar
#trumpparaphrasingmeinkampfinhisspeeches.
« Last Edit: November 17, 2023, 01:32:07 PM by tower912 »
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

TSmith34, Inc.

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Re: Investing Thread
« Reply #3026 on: November 17, 2023, 01:27:13 PM »
That is explicitly what they want
If you think for one second that I am comparing the USA to China you have bumped your hard.

4everwarriors

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Re: Investing Thread
« Reply #3027 on: November 17, 2023, 02:20:33 PM »
If the Dems retain the WH with the BOTUS and BOTUS#2, it will be 16 yrs of the BO presidency and countin', hey?
"Give 'Em Hell, Al"

tower912

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Re: Investing Thread
« Reply #3028 on: November 17, 2023, 02:29:16 PM »
Phew. 
« Last Edit: November 17, 2023, 02:38:29 PM by tower912 »
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

MU82

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Re: Investing Thread
« Reply #3029 on: November 17, 2023, 02:38:42 PM »
I'm always up for political fun, but it's the Investing Thread.

Move it to the Israel thread, at least.
"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

dgies9156

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Re: Investing Thread
« Reply #3030 on: November 17, 2023, 02:43:57 PM »
Gang, what does this have to do with investing.

It's one thing to talk about how inflation affects voter sentiment. It's another to start in on the President or the oppposition candidate politically.

Let's go back to investments.

Thank you Brother MU




rocket surgeon

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Re: Investing Thread
« Reply #3031 on: November 17, 2023, 05:53:49 PM »
If Trump is the nominee, any vote for him is for the end of the American experiment, for strongman fascism.

Give me Harris.

#project2025
# redCaesar
#trumpparaphrasingmeinkampfinhisspeeches.

simple question-what is "the american experiment"?
don't...don't don't don't don't

tower912

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Re: Investing Thread
« Reply #3032 on: November 17, 2023, 05:56:53 PM »
Democracy
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

TSmith34, Inc.

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Re: Investing Thread
« Reply #3033 on: November 17, 2023, 07:46:20 PM »
Brother Pakuni:

Candidly, that analysis makes no sense.

The mood of the country tends to support the notion that we may be spending more, but we don't have purchasing power parity. At least not yet. How else would you explain the general irritation about the economy?

This is interesting relative to the above:

"Anyway, the analysts at Briefing Book delved into one possible reason for this disconnect, which I speculated about right from the start — but they’ve done the math. It’s now a well-established fact that partisan orientation affects expressed views about the economy: Democrats are more positive when a Democrat holds the White House, Republicans more positive when the president is a Republican. What Briefing Book shows is that this effect isn’t symmetric: It applies to both parties, but the partisan effect on sentiment is two and a half times as large for Republicans as it is for Democrats.

And it estimates that this “asymmetric amplification,” all by itself, accounts for 30 percent of the gap between economic sentiment and economic fundamentals.

Wait, there’s more. The importance of partisanship in shaping economic perceptions tells us that a lot of what people say about the economy reflects what they hear, either from news organizations or on social media, rather than their own experiences."

https://www.nytimes.com/2023/11/14/opinion/partisanship-economy-polling.html?unlocked_article_code=1._Ew.Ee3I.24uQZa_Wyjrb&smid=url-share
If you think for one second that I am comparing the USA to China you have bumped your hard.

Skatastrophy

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Re: Investing Thread
« Reply #3034 on: November 18, 2023, 02:38:19 AM »
Maybe one of you should start another economy thread

rocket surgeon

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Re: Investing Thread
« Reply #3035 on: November 18, 2023, 08:36:47 AM »
Democracy

  ohhhhh, so taking him off the ballot is....i see you're taking your marching orders from all the usual...when ya don't like your opposition, you prosecute them and remove the threat to YOU'RE democracy.  when you can't define democracy to begin with, this is what you get-mush for brains
don't...don't don't don't don't

tower912

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Re: Investing Thread
« Reply #3036 on: November 18, 2023, 08:39:21 AM »
Thanks.   I needed a laugh this morning.
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Uncle Rico

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Re: Investing Thread
« Reply #3037 on: November 18, 2023, 08:40:27 AM »
  ohhhhh, so taking him off the ballot is....i see you're taking your marching orders from all the usual...when ya don't like your opposition, you prosecute them and remove the threat to YOU'RE democracy.  when you can't define democracy to begin with, this is what you get-mush for brains

9 out of 10
Tis a shame, 'tis a rotton shame, for if ye can enjoy the walkin’ ye can probably enjoy the other times in yer life when ve're in between. And that's most o' the time; wouldn't ye say?

MU82

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Re: Investing Thread
« Reply #3038 on: November 18, 2023, 11:59:22 AM »
I had a snarky answer to roQQet all ready, but killed it.

This is the Investing Thread.

It was a third straight great week for the market, with some of the beaten-down value names joining the tech stocks in a broad rally.
« Last Edit: November 18, 2023, 12:01:06 PM by MU82 »
"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

MU82

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Re: Investing Thread
« Reply #3039 on: November 19, 2023, 05:23:00 PM »
Interesting graphic:

"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

Coleman

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Re: Investing Thread
« Reply #3040 on: November 20, 2023, 09:35:54 AM »
  ohhhhh, so taking him off the ballot is....i see you're taking your marching orders from all the usual...when ya don't like your opposition, you prosecute them and remove the threat to YOU'RE democracy.  when you can't define democracy to begin with, this is what you get-mush for brains

Stop YOU'RE making me laugh

« Last Edit: November 20, 2023, 09:37:38 AM by Coleman »

MU82

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Re: Investing Thread
« Reply #3041 on: November 21, 2023, 09:41:56 AM »
In the 2+ months since Unk wrote this ...

Millions and millions of Americans will pay it.  NFL is gonna be rolling in the cash for generations.  League is unstoppable despite all the fans they’ve lost because of kneeling.  Owners are laughing their way to the bank.  You’ll be dead and buried and the league will be making sick profits beyond your wildest imagination

... and Douchey followed with this ...

Are you long Disney?  You should your entire net worth only in this stock if you truly believe this.

... DIS is up 16.5%. That compares to 2.3% for SPY and 5.0% for QQQ.

Scoop's best counter-indicator gave us all as good a tip as we're gonna get, and I didn't buy. Doggone it!
"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

MU82

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Re: Investing Thread
« Reply #3042 on: November 21, 2023, 12:48:54 PM »
From the NYT:

The founder of the cryptocurrency exchange Binance agreed to plead guilty to money laundering violations and step down from the company.

Changpeng Zhao will pay a $50 million fine and step down as chief executive, a stunning blow to the most powerful and influential figure in the global crypto industry.
"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

Skatastrophy

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Re: Investing Thread
« Reply #3043 on: November 21, 2023, 12:52:29 PM »
Weird that unregulated finance companies are the wild wild West

MUBurrow

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Re: Investing Thread
« Reply #3044 on: November 21, 2023, 01:02:05 PM »
Weird that unregulated finance companies are the wild wild West

That's a feature not a bug because its decentralized currency!!!!

JWags85

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Re: Investing Thread
« Reply #3045 on: November 21, 2023, 02:36:15 PM »
From the NYT:

The founder of the cryptocurrency exchange Binance agreed to plead guilty to money laundering violations and step down from the company.

Changpeng Zhao will pay a $50 million fine and step down as chief executive, a stunning blow to the most powerful and influential figure in the global crypto industry.



There has been SHADY bidness around Binance for awhile.  The close childhood friend (CCF) of my best man is (was?!) an exec there. CCF was there primarily because his older brother was either the top or second highest ranking US exec at Binance, lived in HK for a few years working for CZ, etc…

CCF did really well at Uber and a brief time at another Silicon Valley start up before he ended up at Binance and he was the consummate tech bro braggart.  About everything, often unprompted in group chats.  Then about 18-24 months ago he got really quiet.  No more bragging, would randomly not answer questions people had about crypto that he used to fall over himself posturing and preaching about.  My buddy told me last year “yea I don’t even know where CCF is these days” and when he had reached out for an updated address for their Holiday card last year, CCF took a week to respond and gave him a PO Box in Nevada…which is somewhere he’s never lived.

I’m gonna go google his brother now, cause I’d be STUNNED if he’s not also in legal trouble

MU82

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Re: Investing Thread
« Reply #3046 on: November 21, 2023, 07:27:53 PM »
There has been SHADY bidness around Binance for awhile.  The close childhood friend (CCF) of my best man is (was?!) an exec there. CCF was there primarily because his older brother was either the top or second highest ranking US exec at Binance, lived in HK for a few years working for CZ, etc…

CCF did really well at Uber and a brief time at another Silicon Valley start up before he ended up at Binance and he was the consummate tech bro braggart.  About everything, often unprompted in group chats.  Then about 18-24 months ago he got really quiet.  No more bragging, would randomly not answer questions people had about crypto that he used to fall over himself posturing and preaching about.  My buddy told me last year “yea I don’t even know where CCF is these days” and when he had reached out for an updated address for their Holiday card last year, CCF took a week to respond and gave him a PO Box in Nevada…which is somewhere he’s never lived.

I’m gonna go google his brother now, cause I’d be STUNNED if he’s not also in legal trouble

Interesting 6 degrees of separation, Wags.
"Freedom of the press is not just important to democracy, it IS democracy." - Walter Cronkite

Herman Cain

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Re: Investing Thread
« Reply #3047 on: November 28, 2023, 03:45:26 PM »
Charlie Munger dead  at Age 99. I had invested in Wesco and Daily Journal and enjoyed his unvarnished commentary at shareholder meetings over the years


https://www.wsj.com/finance/investing/charlie-munger-berkshire-hathaway-dead-74d476a8?st=pfcg14k7ucmqtbz&reflink=article_copyURL_share
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