Pg has historically traded at or above 20 pe. It is fat and bloated and steps are being taken to fix that. Currency is out of favor right now also. I am keeping all of mine. Ever use a schick razor? It is #$%$ compared to Gillette imho. Belongs in the trash. Pg products cost more but they are better. People evetually wise up. I threw my free schick razor in the trash.
More specifically low rost tjx jnj after taking some off near the highs. Going major moat all the way. Its hard to put a tjx or rost out of business based on their business model. Unp nsc cni accumulating on price declines. Y at one time had huge railroad holdings and it was like a mkl or luk. Nice call aig. I was a deer in the headlights.
Think BRK has to finish off DE first. Get that gov't funny money. CycleGear would be nice to combine with the European outfit. How about Polaris? They make the 4 wheelers and also the bikes and other toys. Never could understand hogs. They are loud slow and expensive. At least if you want to drop change get a Ducati and ride circles aroung the hogs. The handling is #$%$ if u ask me. Very aspirational to many but after the purchase i would bet many feel silly when they could have bought 3 high end sport bikes and realy tore up the road. I was in a shop and they have cheap chinese knockoff bikes for about 1/2 the price of normal bikes.
Your right again kinggeezer. They are building so many railroads that there is no way unp will ever survive. You should mortgage your trailer to the hilt and short it here at 102.
Wish I had your memory so thanks for sharing. I change my mind so much I find it crazy that some are so set in their ways. The hard part is determining what not to change and recognizing the reasons why.
I know two families that have left geico in the last month because rates have gone up too much. They both found much cheaper rates elsewhere.
Some people enjoy life and then there are haters. There is usually a deep seated psychological reason for their desperate attempt to make the world conform to their own delusional views. Lol.
If rates go to 12% the USA will have to pay about 2.4 trillion in interest. Good luck with that.
Loeb is a hater. It is hard for him to get such big fees off of suckers when all one has to do is bet on WEB. Loeb should review the deadly sin of envy as he looks into his mirror.
Money printing makes paper assets worth less and hard assets worth more. Rates aren't real anymore with such a low cost of capital. The dollar will be destroyed before hcp is. When hcp is destroyed then hunker down for some tough times. And diversify just in case you are wrong.