Paarslaars

UBS Dec 23 calls

The irony is, doing nothing is the easiest of all and the media does it very best to make it the hardest thing.

TFC taking it hard as well... just collatoral damage so no worries in the long run.

Lets assume: 3500 - ... = 3500 - 3999 4000 - ... = 4000 - 4249 4250 - ... = 4250 - 4499

86% decline in S&P... You will need many of the mastodon companies with huge balance sheets to go bankrupt for that to happen. This is just fear mongering.

Even a broken clock... I wonder if they can make chart to correlate 'talk about an upcoming recession in financial media' VS 'time until they recession occurs'.

Is it relevant to discuss stocks VS bonds in inflationary circumstances when you have such as variety of options within both these categories? It would surprise me to see bonds outperform every stock industry at 4% inflation.

Thanks for the headsup on that one, bought a few days later at 0.93.

I've been looking into consolidating my portfolio but when I invest into certain events (like banks recovering this year) I tend to spread my investments over a basket rather than a single stock.

BRK lost 25% of its market cap in less than 3 months last year, it happens to the best of them.

BRKB - 40% O&G basket (OXY, IPCO, OBE, EPSN, Harbour, GXE) - 18% Banks (BAC, TFC, UBS) - 10% APO - 5% KKR - 4% Nintendo - 4% JOE - 4% Google - 4% U.UN - 2% BTI - 2% SNC - 2% Crypto - 1% Cash - 4%

Is China post covid energy demand going to impact western prices? Won't they just buy from Russia as long as there are sanctions?

Yeah sure but there has to be some middle ground here?

https://9gag.com/gag/aL1zLMv good times

I would still argue the former is worse, as rich old white guys are still likely to have some form of merit to them as they are rich... even if the only thing they did is not fuck up inherited wealth.

Good point, even the average investor will come across opportunities in their lifetime when a concentrated win is just screaming at them (march 2020)... then they should be open to it.

Great story! While I do believe there is truth to what you are saying, I'm wondering about generalizing concentration as a viable strategy. Is the average investor who concentrates better off than the average investor who buys & holds? I honestly doubt it... Clearly it worked for @Viking but I have a 'slight' feeling his investing skills are above average. I do appreciate the post as it is somewhat of a wake-up call for me. I hold a relatively large (30-40%) BRK.B position. While I do add frequently in dips, I rarely sell... even though there have been times (march 2022 with BRK.B @ 1.5x book) where I thought I should. I'll remember this for next time.

I've got the same feeling, we're at least close to the end of rate hikes and we'll probably get some QE right into the U.S. elections.

Bought back some OBE

Also OXY and BRKb Starting to run out of cash...

Same here, I sold maybe 2-3 stocks in 2022 and when I did, I typically sold it in exchange for something else which I mentioned in the "what are you buying today" thread. Also I don't pay capital gains taxes in my country so I have no need for tax loss selling. But in full disclosure: sold AGEAS in exchange for TFC.

I was greedy and didn't get my OXY filled, did take a position in TFC @ 32 with proceeds from AGEAS. Now completely out of european banks, I think there is more upside in the U.S.

I said "the rich want to". I'm still middle class mate... And there is a BIG difference wanting everyone to prosper or just "everyone around you".

The middle class are always the ones being fucked... The rich are in power and want to keep the poor class poor to scare the middle class so the latter spends most of their life working for the rich. The system works for them.

Well the poor don't fuck themselves, genetics fuck them. Being born with an IQ below 85 almost guarentees it... not really their fault.