DooDiligence

GPC

Stinker Bid of the Day award

I bought a little DIS yesterday for $80 & sold today for $94. Kept a bit & added it to what I already owned. Would like to do this again. Trading around other stuff with an eye towards adding on the cheap as well. BRK, DIS, EW, NVO, PSX, ULTA, VDE Let's hear it for stinker bids and volatility.

This seems like a bad choice. www.bloomberg.com/features/2015-how-amex-lost-costco/

Yeah, sure thing. No doubt it was an American who was French-kissing a meerkat or a rattlesnake, or whatever other species this jumped from. The Chinese government is a joke. SJ They’re just following the same playbook used by Trump. Blame others for your own failures. I don't recall Trump blaming someone else for something that he did? I know he calls everything a hoax and lies like no other but I don't recall a situation like that. Here’s one. Let me know if you want more. https://www.politifact.com/factchecks/2020/mar/06/donald-trump/trump-wrongly-blames-obama-limits-coronavirus-test/ haha fair enough! Sorry if I came off as a bit testy with that. ;)

S&P500 is down 25% now since Feb 19th. The problem with all the cash guys is they sit around dancing and proclaiming how right they've been for sitting on a pile on 1.2% yielding USD for the past decade but remain too negative to know an opportunity when they see one. Yes, congrats you're 80% in cash when the market falls 25%. As you have been since 2012. And now the market gets back to 2016 levels, and you're still thinking it needs to get back to 2010 in order to invest again... I think there is some validity to your statement, but I've personally been in cash for a long time (it's been painful, trust me) and that is not because I anticipated a massive market correction. I simply was not able to find companies that, in my view, were selling at a substantial discount to a reasonable estimate of future owner's earnings. With the recent selloff I've finally been able to purchase a couple of companies that I've been following pretty closely over the years, which I believe are "punch card" type investments (fingers crossed.) The majority of companies on my watchlist, however, are now probably fairly valued. With all of that said, I really have no idea where this market goes next - all I know is that I've got a list of companies I really like, and prices I want to buy them at based on some reasonable estimates. If they hit those levels, I back up the truck. I find this way of thinking takes a lot of stress out of the game, as you really don't have to worry about timing at all. The purchases I've made over the past few weeks could continue to collapse in market price, but I really don't mind given I plan on holding them for 5+ years and the cash they can distribute to me over those years is quite silly compared to the price I paid. Best of luck to everyone - wild times in the market. Congrats, your attitude is exemplary of what an investor truly is.

Yeah, sure thing. No doubt it was an American who was French-kissing a meerkat or a rattlesnake, or whatever other species this jumped from. The Chinese government is a joke. SJ They’re just following the same playbook used by Trump. Blame others for your own failures. I don't recall Trump blaming someone else for something that he did? I know he calls everything a hoax and lies like no other but I don't recall a situation like that. Here’s one. Let me know if you want more. https://www.politifact.com/factchecks/2020/mar/06/donald-trump/trump-wrongly-blames-obama-limits-coronavirus-test/ "Blame the previous guy" works really well for your first year, and maybe it even works okay for your second year. If it is a really long-term and structural issue, maybe you can even stretch it out for a third year. But at a certain point, if the previous guy has been gone for long enough it gets a little silly. SJ Inability to take responsibility for literally anything, is a serious character flaw. In Trumps case, his enormous lack of character may be pivotal.

Yeah, sure thing. No doubt it was an American who was French-kissing a meerkat or a rattlesnake, or whatever other species this jumped from. The Chinese government is a joke. SJ They’re just following the same playbook used by Trump. Blame others for your own failures. I don't recall Trump blaming someone else for something that he did? I know he calls everything a hoax and lies like no other but I don't recall a situation like that. Here’s one. Let me know if you want more. https://www.politifact.com/factchecks/2020/mar/06/donald-trump/trump-wrongly-blames-obama-limits-coronavirus-test/

Yeah, sure thing. No doubt it was an American who was French-kissing a meerkat or a rattlesnake, or whatever other species this jumped from. The Chinese government is a joke. SJ They’re just following the same playbook used by Trump. Blame others for your own failures.

What a bunch of clown medical experts he has surrounded himself with. We have exponential growth in cases and documented community spread from individuals with NO travel history outside United States. At this point, a Euro travel ban will not stop this. It is too late for travel bans. You cannot "buy time" by blocking outsiders anymore... Are travel bans and tax cuts the only thing we got? Not very effective against viruses. Why was testing not a focus of the speech??? Donnie is an idiot & tests scare him. Clowns do not scare him.

Donald Trumps re-election chances.

When mass graves for people being killed from this virus doesn't impact you, that's pretty wild. Burying a mass of bodies in 100 yard trenches is not like the seasonal flu... I am afraid, and not of financial markets falling. I am afraid too many people are not taking this seriously. You miss the point entirely. I won't bother to explain.

You think Iran is digging burial pits that can be seen from space because of perception of risk? WASHINGTON POST Coronavirus burial pits so vast they’re visible from space Iranian authorities began digging a pair of trenches for victims just days after the government disclosed the initial outbreak. Together, their lengths are that of a football field. https://www.washingtonpost.com/graphics/2020/world/iran-coronavirus-outbreak-graves/ The government will not be bailing out common shareholders.....how can you people not see this? "Visible from space" used to be a pretty spectacular thing when it meant "visible with the naked eye from space". Now it means we've used a high powered satellite camera to spot x2 100 yard long trenches which were dug in a cemetery in a densely packed city that reported the 1st cases in a country with poor infrastructure which didn't have much chance to defend against the spread of the virus. Keep stoking the fear though.

Sometimes it's helpful to be scared when bad times are here. In a few weeks, you guys might figure it out...this is predictable and knowable right now. You're slipping (neglected to write that in all caps).

Useful post, thanks.

FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEED IT WELL, AND BECOME MORE RATIONAL AND DECISIVE

WEB sounds giddy in the opening of this interview.

Angling for Darwin awards. I couldn't be more delighted with our fearless leader.

Meanwhile, https://thehill.com/homenews/campaign/487067-trump-campaign-spokeswoman-on-holding-rallies-the-president-is-the-best

Moderate = Unicorn I'm having my horn painted today.

Lucid.

France USA built a giant wall but coronavirus just went around it ;D ;D Here, fixed that for you. The wall is a figment of the GOP's imagination. ;)

I like this kid.

Tickling match? I’m OK with the drop if that’s what it takes to get rid of this douchenozzle. ____________________________________ | | | Biden 2020 | | It's Time For A New Douchenozzle | | | |____________________________________| Pretty much, yep. He's definitely not my 1st choice but at least it won't be Sanders or Warren. I don’t know, socialism looks better by the day. How about “Free testing for all !”as campaign slogan? Nah, just let this thing rip. Give Darwin a chance to catch up. FWIW, my 1st choice for POTUS is a ham sandwich on pumpernickel.

Has the world ever been run by a bigger bunch of assholes?