given2invest

lol @ this thread

Someone should put on a telethon for them.

agree

Right? Also this guys Apple thesis was not at all on the mark with what happened. He got lucky not right. He also probably sold when it went up 50%.

400 for clothing? 600 for an entire year of entertainment and eating out?

Let me give you my update: Still sounds awful :P

I wouldn't be surprised to see zh hedge fold up shop next year. or at least dissapear into insignificance. the doom and gloomers will be looking for work after it is examined just how wrongly they advised investors in 2011. Haha, zerohedge is so popular, it's not going anywhere. You're way off here.

Your wife is killing dinner with her bare hands? That's awesome.

I couldn't agree more. My wife is 44 and we found out this year that she is diabetic (type II). She's not going to make it to 100 on candy bars. Now we're finding out about using hulled barley as a rice substitute. Fun stuff. Yes, changing your diet because of a specific medical condition is of course different. But there is wisdom in this thread from both sides. He who dies with the most money doesn't win; though he who has to work till the day he dies doesn't win either. People need to find a balance that makes them happy. I completely agree with the point of view that one should spend money on loved ones, vacations, good meals, etc. You don't need the $2000 suit but one thing I've learned is that $10,000 when you're 22 is way more valuable than $100,000 at 32 and $1,000,000 at 42, all things being equal :) Enjoy your youth and the money if you have it! Go see some good concerts, go see the world. You'll never get your youth back. I've always been in the money management business but the last 3 years I've been doing it all on my own, semi-retired if you will. I didn't necessarily choose this route but it has worked out for me so far, though each day brings new challenges. I definitely don't consider this work while I did consider it work before. I'm in my early 30's and couldn't imagine doing anything else.

Parsad you missed the most exciting thing at the Beverly Wilshire: CUT By Wolfgang Puck. It is the only 2 star Michelin Steakhouse in the world! Menu: http://www.wolfgangpuck.com/content/files/foodmenu_CUT%20MENU%20WEB%20Spring.pdf Enjoy! I ate here in Singapore. It was fantastic.

I couldn't agree more.

Being 22 is very different than 32 which is very different than 42 which is very different than 52 which is very different than 62.

bump. this is a great thread.

Yah, if he's happy that's great. I just said it sounds awful. Haha.

Must be really fun to date you ;D

that sounds awful ;D

And I thought I was frugal, ;D , where do you live? Without a girlfriend or wife, I can tell you that.

Tough poll because really need to know whether people have children, private school, etc. A 22 year old on this board will have a very different profile than a 42 year old.

He made himself personally $5b LAST YEAR. He made billions more in 2009.

I disagree with their theory. I think they were in talks with someone to sell the DVD business. When the market cap was twice+ what it is now selling off the DVD business made all kinds of sense. They could get a lot for it, they could use the cash to buy streaming rights for the streaming business. Now that the stock is so low, you could buy all of Netflix for a lot less than they probably expected to get for just the DVD business earlier in the year, it just doesn't make sense any more to sell it. If it was the streaming business they were planning on selling they would have changed the name of the streaming business (to streeemster or something equally ridiculous I'm sure) not the DVD business. Its all moot now anyway. I agree the theory is dumb. Further, they could have announced the name changes simultaneously with a definitive agreement to sell one or the other, if that's what they wanted to do. They didn't need to first split the business then sell it. Regardless, the business should never have been split in the first place!!!

hindsight is 20/20

You realize if you strip out its cash, Apple is trading for only around 8x next years expected earnings (as well as trading for under 5X cash), right? When has a multiple of cash been a useful valuation metric?

That's the first post I've seen of yours in a year that didn't end with Cheers! RIP Steve Jobs. Thanks for all you've given this world.

At some point Parsad has to be fully invested cause every day the market goes down he shows up in this thread posting about how happy he is he got to add to his holdings ;D

Hester wrote on Sept 19 As of Sept 19 at the latest...