Artha158 Posted March 18, 2020 Share Posted March 18, 2020 WMB Link to comment Share on other sites More sharing options...
sleepydragon Posted March 18, 2020 Share Posted March 18, 2020 Brkb, jpm, bac, sbux, bkng, tsco Down to 10% cash now. Link to comment Share on other sites More sharing options...
coc Posted March 18, 2020 Share Posted March 18, 2020 So let me get this clear. You're saying returns on capital, owner's earnings, dividend yield, and retention rates are garbage in? Is there a donkey button on this board?? I hope others don't subject themselves to this "garbage" I'm seeing. Read the numbers, don't take a cursory view and assume you understand what's being said. no I am saying your estimates of these variables are garbage in. what is your expertise? the street gets these numbers wrong all of the time (mainly because they suck up to management all the time to create their projections). there is a false certainty to numbers that you dont appreciate, because you are asking someone/something to tell you what to do, and numbers are all too suggestive of wisdom. capiche? How would you know what price is reasonable or unreasonable if you refuse to think about what rate the company will grow or shrink into the future? With that line of thought, since "everything is GIGO" as you say, then tell me how you know Visa is a good buy at $120 and not at $240? (Or whatever you choose.) One can estimate without knowing precisely. This board should not let itself be watered down. Link to comment Share on other sites More sharing options...
Agrippa07 Posted March 18, 2020 Share Posted March 18, 2020 Added to Aercap (small position), Disney, and BRK.B. Link to comment Share on other sites More sharing options...
spartansaver Posted March 18, 2020 Share Posted March 18, 2020 BKRB at $173 :) Link to comment Share on other sites More sharing options...
Spekulatius Posted March 18, 2020 Share Posted March 18, 2020 Added a bit of RHM.DE. I liked it at ~70€, so it ought to be a good buy at 43€ and change. Link to comment Share on other sites More sharing options...
nspo Posted March 18, 2020 Share Posted March 18, 2020 Loading up on FB and AXP. These prices are abnormal, to say the least. Thinking of adding defensible rails (UNP, CP). Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 Spek, what level of cash are you at now? Link to comment Share on other sites More sharing options...
aws Posted March 18, 2020 Share Posted March 18, 2020 Berkshire at 168 Link to comment Share on other sites More sharing options...
spartansaver Posted March 18, 2020 Share Posted March 18, 2020 Berkshire at 168 Damn, nice job Link to comment Share on other sites More sharing options...
Spekulatius Posted March 18, 2020 Share Posted March 18, 2020 Spek, what level of cash are you at now? A bit more than 35% roughly. Hard to tell, because the equity part goes down so fast. Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 Spek, what level of cash are you at now? A bit more than 35% roughly. Hard to tell, because the equity part goes down so fast. haha I feel you man. Link to comment Share on other sites More sharing options...
Castanza Posted March 18, 2020 Share Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today. Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today. When it/if hits $120, people will decide to sell. :P Link to comment Share on other sites More sharing options...
rb Posted March 18, 2020 Share Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today. I almost did. But got greedy and put in my order at 167. Before it moved away. That's ok though. I'll get my fill before the close. Link to comment Share on other sites More sharing options...
username Posted March 18, 2020 Share Posted March 18, 2020 GS Link to comment Share on other sites More sharing options...
Jurgis Posted March 18, 2020 Share Posted March 18, 2020 Everything. Link to comment Share on other sites More sharing options...
Spekulatius Posted March 18, 2020 Share Posted March 18, 2020 Everything. That’s a solution. The problem with so many opportunities is decision paralysis. Link to comment Share on other sites More sharing options...
chrispy Posted March 18, 2020 Share Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!? Link to comment Share on other sites More sharing options...
sleepydragon Posted March 18, 2020 Share Posted March 18, 2020 Got more Brkb at 171.14 Link to comment Share on other sites More sharing options...
nspo Posted March 18, 2020 Share Posted March 18, 2020 This is the sharpest decline I've seen. I just wonder how much of the flow is coming from algos selling for non-economic reasons? Anyone with quant background here? Spek has a great point, paralysis by analysis is a real thing. I'm just applying the 5 year test to everything I buy. That's the only way you can remain poised in this environment. Link to comment Share on other sites More sharing options...
alwaysdrawing Posted March 18, 2020 Share Posted March 18, 2020 Adding to puts on dental appliance makers, life insurers with large corp loan books that they can't mark to market without BK, and a few other companies trading at crazy multiples of past earnings. Worst is still to come. Link to comment Share on other sites More sharing options...
Orchard Posted March 18, 2020 Share Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!? Once you get comfortable owning something at a price for the long-term. Link to comment Share on other sites More sharing options...
chrispy Posted March 18, 2020 Share Posted March 18, 2020 A few companies have to make headlines before this is over (banks, restaurants, malls, office buildings, etc), correct? Imagine if WeWork was public.... Link to comment Share on other sites More sharing options...
ERICOPOLY Posted March 18, 2020 Share Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!? If you look at the pace of declines in recent days, USB doesn't look like it will be too scary. It was at $55 a month ago and it's at $32 today, but it has largely flattened out for the past week. It's off 50% from it's high. I'm not making a recommendation though. Link to comment Share on other sites More sharing options...
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