I'm still alive... just started a new job... been
trying to talk my new boss into picking up a few B's (I
don't think he has enough money for 5 A's like I
have)... couldn't be a better time for him...
"been trying to talk my new boss into picking up
a few B's (I don't think he has enough money for 5
A's like I have)"
Your boss probably is not
secure enough to know about your BRKa's. He'll get
paranoid and see you as a threat. Remember that when you
have a boss that makes you the slave; and when the
wealth is reversed things can get real strange real
fast. Bosses don't expect their employees to be more
successful with rare exceptions.
When I'm dealing
with someone that can't afford a few B's, I wear my
sport coat and (only after I'm pressed) I might share
the fact that I own a few shares of a failed textile
business and it's thinly traded. When dealing with those
in the know, out come the Hickey-Freeman's, the good
car and the ain't BRKa great
Good luck on your new job.
I like your style... and your concern for how
OTHERS may feel. I stress 'others' becuase in this day
and age, almost everyone I meet think only of
themselves... it's amazing how these self-centered people think
they are better than their peers, or the bit about how
"Age doesn't matter".... If I'm x years older than my
boss and age doesn't matter, why am I sitting on
y-number of 'A' shares and he's sitting on car payments???
Many times I get the urge to one-up these guys, when
they try to step all over you in their selfish race to
the top.... it's refreshing to see that there are
people out there who can see the bigger
And yes, I run into the same problem when friends ask
me what stocks I own. The "failed textile business"
is a good answer. :-)
I hear what your saying and I agree. However, he
asked me and I was truthful in my recommendation. Also
he is the owner of the company and my intentions are
to gain a sizable degree of control. What better way
than to have a record of success?
......" been trying to talk my new boss into
picking up a few B's"....Here was my experiance for what
it's worth.....Years ago a co-worker asked me what
stocks I owned....I mentioned one that had done well for
me.....later, unbeknownst to me the guy went out and bought
some.....next thing I know, he comes up to me and says..."Hey,
that stock went down and I'm losing money"...like it's
MY fault or something........after that I made it a
rule not to talk specifics about stock on the job...if
you tout a stock and it goes up, nobody will thank
you; and if it goes down you'll get
blamed.......that's just the nature of the human condition......the
beat goes on.....
<<if you tout a stock and it goes up,
nobody will thank you; and if it goes down you'll get
Yeah... I had a similar experience. I found a company
with strong fundamentals, was in business for 100
years, brand name and was beaten down due to fear. A
friend of mine who was just starting out asked me what I
thought was a good pick. I told him about a stock that I
bought a shit load of... ($50k) This was my version of
Chrysler! It was going to put me on easy streat... He went
and bought a bunch of shares and the company suddenly
reports accounting irregularities and then immediately
Wow! His first investing
experience and he lost it all!!!! I felt bad, even though he
didn't place any blame on me... oh well, at least I ate
<<<I made it a rule not to talk
specifics about stock on the job...if you tout a stock and
it goes up, nobody will thank you; and if it goes
down you'll get blamed.......that's just the nature of
the human condition......the beat goes
Truer words have never been spoken!
I NEVER talk
about which stocks I own, but for another reason. I
think that talking about it makes my investment
decisions worse, not better. If I talk about specifics, I
might be afraid to buy a stock because others would say
"what a dog you bought".