Valuebo Posted October 15, 2014 Posted October 15, 2014 Another 40% to go, no? If you want a replay of 1929-1937, look at the Greek stock market. ;) Full disclosure: Fully aware that the stock can half from here (like any stock) and it hurts but I bought more Intralot today. Almost all revenue is coming from outside Greece. Stock tanked 30% in a couple of days on volume of 500k euro. Not bad for a company that - could - (someday...) have a market cap a couple of times todays. Also eyeing OPAP if this get worse. Anyone got other good greek names?
txlaw Posted October 15, 2014 Posted October 15, 2014 Daphne is referring to the hedges, presumably. Of course, the S&P 500 is still up almost 60% in the last 3 years so . . .
Kraven Posted October 15, 2014 Posted October 15, 2014 Well, Connie Francis would agree with you I suppose. I'm not sure about others, but Connie Francis for sure.
DCG Posted October 15, 2014 Posted October 15, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous.
cayale Posted October 15, 2014 Posted October 15, 2014 Well, Connie Francis would agree with you I suppose. I'm not sure about others, but Connie Francis for sure. That is awesome. She tried to warn us...
txlaw Posted October 15, 2014 Posted October 15, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. Yeah, I agree, although I would tend to be a bit more . . . shall we say, tactful? Actually, I love to see this sort of sentiment get expressed by value investors because that's how you really know that people are fearful. Twitter is also great (or, maybe, horrible?) for gauging market sentiment amongst value investors.
TwoCitiesCapital Posted October 15, 2014 Posted October 15, 2014 They're certainly going to kill it with their bonds. I love the deflation protection but that on top of billions in low yielding bonds and hedged equities does seem like a bit much. Still looking to buy more in the New Year if it's reasonably priced
giofranchi Posted October 16, 2014 Posted October 16, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. I know you don’t like how Fairfax operates. And that’s fine! But let me ask you a question: if the market stays in some kind of turmoil for a while (a few months), if US government bond yields keep going down, and if Fairfax share price declines with the overall market, don’t you think it could be worth buying at least some shares before they announce 2014 year end results? Gio
DCG Posted October 16, 2014 Posted October 16, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. I know you don’t like how Fairfax operates. And that’s fine! But let me ask you a question: if the market stays in some kind of turmoil for a while (a few months), if US government bond yields keep going down, and if Fairfax share price declines with the overall market, don’t you think it could be worth buying at least some shares before they announce 2014 year end results? Gio My point was more about the point of this thread than the way the company operates. It's like someone buying JC Penny at $40, and then boasting that they were right when 2-years later the stock goes from $5 to $7.
Kraven Posted October 16, 2014 Posted October 16, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. I know you don’t like how Fairfax operates. And that’s fine! But let me ask you a question: if the market stays in some kind of turmoil for a while (a few months), if US government bond yields keep going down, and if Fairfax share price declines with the overall market, don’t you think it could be worth buying at least some shares before they announce 2014 year end results? Gio Why point was more about the point of this thread than the way the company operates. It's like someone buying JC Penny at $40, and then boasting that they were right when 2-years later the stock goes from $5 to $7. Diogenes can stop his search now, put down his lantern and rest. Here is an honest man.
ASTA Posted October 16, 2014 Posted October 16, 2014 I am not sorry :D sold my 20% stake to buy cheaper stuff. Last time I did this I sold 20% in BRK.b to buy SHLD talk about a bad move for my health.
giofranchi Posted October 16, 2014 Posted October 16, 2014 I am not sorry :D sold my 20% stake to buy cheaper stuff. Last time I did this I sold 20% in BRK.b to buy SHLD talk about a bad move for my health. I have just bought more FFH today. Gio
Uccmal Posted October 16, 2014 Posted October 16, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. I know you don’t like how Fairfax operates. And that’s fine! But let me ask you a question: if the market stays in some kind of turmoil for a while (a few months), if US government bond yields keep going down, and if Fairfax share price declines with the overall market, don’t you think it could be worth buying at least some shares before they announce 2014 year end results? Gio Why point was more about the point of this thread than the way the company operates. It's like someone buying JC Penny at $40, and then boasting that they were right when 2-years later the stock goes from $5 to $7. Diogenes can stop his search now, put down his lantern and rest. Here is an honest man. I had to Google this. I am still laughing.
Partner24 Posted October 18, 2014 Posted October 18, 2014 Obviously, it's far too soon to say that they were right. Even if time tells us that they were right, it is certain that they were too early.
LC Posted October 19, 2014 Posted October 19, 2014 Daphne is referring to the hedges, presumably. So they've been dead wrong for the last 6 years, but the market declines over a week & 1/2 period, and now they're right? This thread is ridiculous. I know you don’t like how Fairfax operates. And that’s fine! But let me ask you a question: if the market stays in some kind of turmoil for a while (a few months), if US government bond yields keep going down, and if Fairfax share price declines with the overall market, don’t you think it could be worth buying at least some shares before they announce 2014 year end results? Gio Why point was more about the point of this thread than the way the company operates. It's like someone buying JC Penny at $40, and then boasting that they were right when 2-years later the stock goes from $5 to $7. Diogenes can stop his search now, put down his lantern and rest. Here is an honest man. I had to Google this. I am still laughing. Heh me too. Kraven is one funny man :)
Valuebo Posted October 24, 2014 Posted October 24, 2014 Do we already know who's sorry? Certainly not the shareholders of most MONO stocks. Zero fear.
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