May 18th Bernie said," I've been trying to finish harvs book. Get a copy. You might learn something . " old bud, look up the term, bi polar. Thank you and good luck. Btw, show me your receipt and ill cheerfully give you back ten times your money. Have a grand day.
Bro, r u trying to get your own show on CNBC? T and t buying one billion aapl at 105 ain't Buffett buying 13 billion I b m at 170 , comprende ?
Tom how soon you forget. In 2011 I said buying I b m over Brkb would be the biggest mistake of his life! Where did all the experts go who bashed me on that call ? Bro, forget what moron Cramer and his moronic pals at CNBC told you , Buffett didn't buy aapl didn't ok tedd or Todd buying aapl and had no opinion aapl. That said will aapl at 105 ish outperform spy? Will Brk even own aapl in two, three years ? Stay tuned pal?
I wonder what Buffett and munger think about this?
The right temperament for it. Value investing world.
lots of background info here.
more for the stock pickers out there who still think its a , level, playing field. when buffett was buying ibm did the sellers have a edge ? When t and t were buying aapl at 100 plus did the sellers have an edge ?
morning, walters is not the end of this food chain ! stay tuned.
explode on the industry IF, IF, the FEDS finally have enough to force walters to roll over. Stay tuned this could be the story of the decade !
Thanks jad, I hope you got a few good laughs as well ! In the 80s the ticket punching machines at the track were much less advanced it took 5 guys over two hours to punch out those Jai Alai bets in the 80s. I haven't been to a track in many years, maybe Bernie knows but I suspect we could bet 256,000 bets today in like 30 minutes or less today ? I WISH I kept my SEC comment letters they went to my lawyer who usually copied me in. Since he got in huge trouble after i retired, went to jail, and then skipped the country, i never found out if he saved my comment letters. The SEC didn't save them that far back so i couldnt include them, i got some brutal comment letters, since i was PROFILED before being profiled was cool ! Seriously, I haven't seen the book yet so thanks for the description. BTW, amazon likes reviews so if you get a chance write one !!
from that seeking alpha piece. Lets hope the sellers of ibm and aapl to brk got it wrong !
++Aside from doing your own due diligence, investors need to remember that it is as important to read the other side of the trade as it is to know your argument for your trade. If you are bearish, you need to know what the absolute best bullish case is. If you are bullish, you need to know what the absolute best bearish case is. The sooner you get all of the cards out on the table and lay out all of the information available, the more likely you were going to be able to make an objective decision and avoid the next public company Theranos. ++
about investing in small caps via the new SEC regs. Come to Vegas and play the tables, give yourself a better chance !
NY TImes, for the stock pickers out there who still think its a , level playing field. I could have wrote about this topic but i'm still young enough that I might have a few good years ahead of me !
if you don't mind let me know what you catch and i'll have it corrected for future readers. Thanks bud.
Lol u will see it before me, I'm in Cali so I didn't order it yet. I was told I would get reports the 15th and 30th from amzn so far I don't know nothing. When u r amzn you make the rules. I have heard from many old friends and investors I haven't heard from since 1992. Smart guys held on to o I a from10 dollars plus to 25 cents two years later crazy . They let the impressive bios fool them, should have sold like me and my most loyal smarter guys.
morning jad, I was playing the calendar actively back in those days so im not sure if it was fonar but it rings my bell. Several that I sold were huge winners of course I needed to keep flipping to have the cash to buy the next one so I couldn't hold more than 90 days in general. I discuss this in my book. Obviously the vast majority weren't huge winners. I would have to read the notes to the fonr 10k to make certain it was fonar.
Jad in the late 80s I got 10000 shs of a hot I p o , a five dollar unit, I sold at 15 ish, it traded above 250 with in the year, no typo. I'm thinking of the name maybe fonar.