Gregmal

Think for yourself. Investigate people’s incentives. Don’t underestimate their emotions. Rest of it is easy. Maybe I could add in one more, don’t get all personally invested in the tabloid mill…

Idk there’s two people I’m aware of, whom have this magic power to make some folks just go absolutely mental at the first whiff of a mouse fart sized piece of potentially negative press. I’ve never really seen this sort of stuff in my life, with the exception of those two people. Pure hysteria. Then we step back from the derangement and it’s like “oh his ex has something negative to say, a history of being attention seeking, and also a history of bad mouthing him”…and folks act like their shit wouldn’t stink too. Or that there couldn’t be more at play here than one quick Twitter snippet.

lol sure. Some twitter allegations from a bitter ex, and just like that, hook, line, sinker….

Yawn. Same people whom always whine about same things whining about same things.

Haha yea I’m somewhat joking around but I think trading around the core to a certain degree is helpful. Ive had a ton of stuff that’s worth having a position in but too much capital tied up in stuff I already like, so perhaps its boredom driving me but I want to own a few more things and ringing the register a bit to do so accomplishes that. I would be pissed if Nintendo went back to $12-14 and I didn’t at least have a little to show for it.

Well how many of you guys have Nintendo weighted north of 20%? Like I said in another thread, if it’s a 5% position, then yea what’s the point in trimming? But at larger levels sometimes it’s just about managing the size.

Didn't know that but he's a quality contributor. Anyway, as I said when this stupid thread started, its a sham war, a waste of time, a nothing burger for my investments and only an opportunity if people overreact and think this is a big deal. Lo and behold however long later, we've pissed away all this money, people got their rocks off talking war theory, sharing cherry picking clips of "Russia getting pwned!!!!" and playing Stratego....and virtually nothing else relevant emerged. Oh yea, and we wasted a shit ton of taxpayer resources catering to propaganda....basically a low budget HBO drama....so Im done here.

Trimmed about 20% of NTDOY. Just managing the size. Still a pig on the name.

Maybe I missed what Dinar wrote, and perhaps its warranted, but now we're at 2 guys from one side, and 0 from the other.......

What have we gotten in return for the billions we sent Mr comedian the last 3 years? Anyone ever find it ironic that despite the news snippets about how much Russia was getting "annihilated" that the cash spigot never got shut off? Seemed more like a rope-a-dope strategy that apparently worked.

That is what’s scary. The lying is so rampant and the media is the biggest problem. People don’t know what to believe anymore and have few real resources for getting to the truth. Remember the endless propaganda about how Ukraine was “winning” this war and “wrecking” Russia? All designed to just keep the money train going.

Yea it’s crazy how many people advocated for giving this clown endless blank checks.

Yup, sports is the key to a lot of wallets and has long term durability. Wealthy folks have been on to this for a while, meanwhile Wall Street goes "durrrp, where's the cashflow? Ugh its just too hard to value"... We put kids into sports for social purposes when they're young and they can play them through various stages of life. They watch them and buy merchandise, tickets, etc...and advertisers know its live so they pay top dollar for those eyeballs. Brands associate with teams to be seen. Athletes then promote products which has circular dynamics to it. Video games let us keep playing when we can't anymore, or let us be the superstar we'll never be in real life. Where else can an 11 year old win NBA MVP honors? All the similar product placement can be mimicked virtually as well. Bigger than all of this, is that it's an escape for people. Real world meets virtual.

Oh, now we’re figuring out CPI is a crock of shit and the economy is fucked for lower and middle class after Jpow “saved” us with those rate hikes? Lmfao

To a degree it probably is also a position sizing thing. I’m more prone to sell puts if I want more exposure but am willing to be patient on price. I’ve never really considered selling calls cuz it just seems like a waste of time. I could potentially see appeal with a large concentration. Conversely I’ve never understood the need to micro manage or obsessively scrutinize a sub 10% position. Like if it’s a sell on a 10-20% move why even own it?