Eldad

Yep. Don’t want that extra fifth of vodka to mess up your social credit score.

I will pay up for high ROE businesses and really that is all I will buy. But I will use trailing numbers only to arrive at my buy level. Seems like you are conflating using trailing EPS and buying crappy low P/E stocks.

Yeah I mean obviously we all buy stuff that we believe will grow earnings in the future. I just find that my or anyone else’s guess on the next 12 is not reliable. Trailing 12 makes me wait for cheaper prices usually instead of cooking my own books to make the case right now because I am impatient. I can see it both ways, but I want to gear my buying to waiting for corrections, etc.

Trailing, it makes no sense to me to base my purchase on someone’s guess. Maybe if they just purchased a company I will add that companies PY into the earnings. Valueline does past 2 quarters plus next 2 estimates which is kind of interesting.

Columbia cancels classes due to anti-Israel protests. If you combine this situation, the powerful alumni’s vocal disgust, and the removal of standardized testing as a selection criteria: I am wondering how much longer these institutions have? When corporate America refuses to pay extra for these kids and the best recruiting grounds move elsewhere and the Ivys still need 60k a year per student to survive, it is going to get very ugly for them.

Thank you for being a good grandson.

What price do you have on reinvesting in SSD?

Agree with both of you. I think Trump is a pathological liar in the details, but his big picture world view is much closer to the truth. US liberals big picture worldview is tilting towards straight rat poison. It is clear to me a conservative not named Trump will be required to save our country.

For sure. But one side has the whole government protecting and working to further its interests. RFK Jr. said it best, Biden and his team are the real threat to democracy. Trump is not fit to be President. But neither is Biden and the things the Dem machine is doing are actually harming our democracy.

Nike has been a great stock. It has always made me uncomfortable as well because it is all based on brand hype. Some good innovation, but mostly branding hype.

Wow. You know they really wanted to cut in June for the Big Guy. Too bad.

Yeah. Unknowable and not really worth the time. Get good at microeconomics and leave macro alone. Paraphrasing Charlie M. Stocks probably do better in most every environment. Buy some good ones and hold them a long time.

1. They won’t go up in value if inflation goes up. They will go down less than long dated and you will get your money back quicker to redeploy. Not a hedge IMO. 2. Too complicated for me. If the USA was Argentina, it would simple, but we are still very powerful and very rich.

Seriously, you can still get 3 cheesy bean and rice burritos for $3.33 and be completely full. Tell the bums next time you give them a couple bucks.

Soft taco supreme up to $3 a pop. Cheesy Bean and rice still holding strong at .99, but for how long?