5 year Market Outlook opinions
05-11-2022, 07:46 AM
#551
Gets Weekends Off
Joined APC: Feb 2011
Posts: 766
You’ve just made the error of predicting the next “black swan” event. Thus, by definition, it can’t be a “black swan” event.
You’ve got to go bigger…like the moon exploding or a computer virus that wipes out all of our fiat currency…now I gone and did it, now we can’t call those black swans either.
You’ve got to go bigger…like the moon exploding or a computer virus that wipes out all of our fiat currency…now I gone and did it, now we can’t call those black swans either.
05-11-2022, 01:31 PM
#552
Has a furrowed brow
Joined APC: Dec 2019
Posts: 1,203
As always, we will hire until we furlough.
05-12-2022, 07:57 AM
#553
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,602
"Fortune Favors the Brave"
If that's not a sign of irrational exuberance I don't know what is
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If that's not a sign of irrational exuberance I don't know what is
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05-12-2022, 10:13 AM
#554
Gets Weekends Off
Joined APC: Aug 2014
Posts: 197
January 2022 Munger doubles down on BABA to much fanfare.
April 2022 Munger unloads BABA without a peep.
in other news, BABA LEAP holders get crushed.
April 2022 Munger unloads BABA without a peep.
in other news, BABA LEAP holders get crushed.
05-12-2022, 10:31 AM
#555
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,602
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05-12-2022, 11:42 AM
#556
Gets Weekends Off
Joined APC: Aug 2014
Posts: 197
Yeah. I’ve heard all the quotes you have.
the point is you get on here, every time there is a big move, yelling see I told you so…. Price matters, signs of the top, blah blah.
You seem to have missed other quotes like “cheap can get cheaper”, “selling can go on longer than you can remain solvent”, and you can’t predict the future.”
You made your deep value analysis of BABA and instead of making a deep value play. You made a value destroying one. When others told you how to use options in a better way, you blew them off as knowing better. In some ways, you were a sign of the top.
now, I don’t really care what you invest in. And, I actually agree with you about BABA. But, it can get cheaper.
the issue I have is, you continually get on here with retweets claiming you’re an investing guru along with the people you follow. So what BTC is down 50%. Anyone that invests in crypto knows 50 down is pretty normal with 70 not out of the question. That’s why you don’t put your whole retirement in it. Just like you didn’t put all yours in LEAPS.
the point is you get on here, every time there is a big move, yelling see I told you so…. Price matters, signs of the top, blah blah.
You seem to have missed other quotes like “cheap can get cheaper”, “selling can go on longer than you can remain solvent”, and you can’t predict the future.”
You made your deep value analysis of BABA and instead of making a deep value play. You made a value destroying one. When others told you how to use options in a better way, you blew them off as knowing better. In some ways, you were a sign of the top.
now, I don’t really care what you invest in. And, I actually agree with you about BABA. But, it can get cheaper.
the issue I have is, you continually get on here with retweets claiming you’re an investing guru along with the people you follow. So what BTC is down 50%. Anyone that invests in crypto knows 50 down is pretty normal with 70 not out of the question. That’s why you don’t put your whole retirement in it. Just like you didn’t put all yours in LEAPS.
05-12-2022, 12:13 PM
#557
Gets Weekends Off
Joined APC: Jan 2021
Posts: 1,158
I’m not huge into investing but crypto is blowing up right now.
https://www.cnbc.com/2022/05/12/cryptocurrency-luna-now-almost-worthless-after-ust-falls-below-peg.html
Luna was $120 just over a month ago. It’s now worth 3 cents after 3 straight days of 99% sell offs. I’m very happy I have no skin in the crypto game.
I’ve also read reports of huge whales like MicroStrategy who will be forced into a margin call if bitcoin drops to $21,000.
https://fortune.com/2022/05/04/michael-saylor-microstrategy-margin-call-bitcoin/
https://www.cnbc.com/2022/05/12/cryptocurrency-luna-now-almost-worthless-after-ust-falls-below-peg.html
Luna was $120 just over a month ago. It’s now worth 3 cents after 3 straight days of 99% sell offs. I’m very happy I have no skin in the crypto game.
I’ve also read reports of huge whales like MicroStrategy who will be forced into a margin call if bitcoin drops to $21,000.
https://fortune.com/2022/05/04/michael-saylor-microstrategy-margin-call-bitcoin/
05-12-2022, 02:51 PM
#558
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,602
Yeah. I’ve heard all the quotes you have.
the point is you get on here, every time there is a big move, yelling see I told you so…. Price matters, signs of the top, blah blah.
You seem to have missed other quotes like “cheap can get cheaper”, “selling can go on longer than you can remain solvent”, and you can’t predict the future.”
You made your deep value analysis of BABA and instead of making a deep value play. You made a value destroying one. When others told you how to use options in a better way, you blew them off as knowing better. In some ways, you were a sign of the top.
now, I don’t really care what you invest in. And, I actually agree with you about BABA. But, it can get cheaper.
the issue I have is, you continually get on here with retweets claiming you’re an investing guru along with the people you follow. So what BTC is down 50%. Anyone that invests in crypto knows 50 down is pretty normal with 70 not out of the question. That’s why you don’t put your whole retirement in it. Just like you didn’t put all yours in LEAPS.
the point is you get on here, every time there is a big move, yelling see I told you so…. Price matters, signs of the top, blah blah.
You seem to have missed other quotes like “cheap can get cheaper”, “selling can go on longer than you can remain solvent”, and you can’t predict the future.”
You made your deep value analysis of BABA and instead of making a deep value play. You made a value destroying one. When others told you how to use options in a better way, you blew them off as knowing better. In some ways, you were a sign of the top.
now, I don’t really care what you invest in. And, I actually agree with you about BABA. But, it can get cheaper.
the issue I have is, you continually get on here with retweets claiming you’re an investing guru along with the people you follow. So what BTC is down 50%. Anyone that invests in crypto knows 50 down is pretty normal with 70 not out of the question. That’s why you don’t put your whole retirement in it. Just like you didn’t put all yours in LEAPS.
Moreover, I didn't start to buy BABA at the top in the $300s. I started buying LEAPS when the stock was in the $210 range and continue to add. I have LEAPS in my taxable Brokerage and shares in my 401k.
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05-12-2022, 04:37 PM
#559
Gets Weekends Off
Joined APC: Aug 2014
Posts: 197
You see "value destroying" I see opportunity. I can't predict the future in the short term. If I like a stock at a certain price and it goes lower, I buy more. I continue to add BABA LEAPS.
Moreover, I didn't start to buy BABA at the top in the $300s. I started buying LEAPS when the stock was in the $210 range and continue to add. I have LEAPS in my taxable Brokerage and shares in my 401k.
Sent from my SM-S908U using Tapatalk
Moreover, I didn't start to buy BABA at the top in the $300s. I started buying LEAPS when the stock was in the $210 range and continue to add. I have LEAPS in my taxable Brokerage and shares in my 401k.
Sent from my SM-S908U using Tapatalk
I didn’t buy BTC at $60K. I’m in sub 10K. And I see value in a lot of them at these prices.
I just don’t see the need to shout out on here how some asset has tanked when an asset I have speculated on has tanked as well. And, yes, I know you believe you aren’t speculating. But, you’re making a bet on time.
05-12-2022, 06:14 PM
#560
Optimized
Joined APC: Oct 2017
Posts: 394
fair enough. I’d sell those to you all day long.
I didn’t buy BTC at $60K. I’m in sub 10K. And I see value in a lot of them at these prices.
I just don’t see the need to shout out on here how some asset has tanked when an asset I have speculated on has tanked as well. And, yes, I know you believe you aren’t speculating. But, you’re making a bet on time.
I didn’t buy BTC at $60K. I’m in sub 10K. And I see value in a lot of them at these prices.
I just don’t see the need to shout out on here how some asset has tanked when an asset I have speculated on has tanked as well. And, yes, I know you believe you aren’t speculating. But, you’re making a bet on time.
Just curious how you see “value” in any crypto currency? I’m actually trying to understand. We are 30-40 years into tech companies and just starting to get a hold on what value they are in the market. I know, value only has to be in the eye of the buyer but, what value is there really in any of the crypto currencies?
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