Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
TJT
Mr. Poopybutthole
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Sanrith Descartes I see Berkshire Hathaway as an example of a company that comes out of this stronger than it went in.
Yeah because Mr. Buffet is going to be making some obscene plays through all of this. This is the kind of situation where he historically excels.
Market loves it. Up 3% (Edit: now 6%) since he started talking. We'll see how durable this is once the testing really rolls out and we find there are 50k+ cases in the wild.
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ver_21
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Ravishing
Uninspiring Title
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Might be a red Monday, whatever happens over the weekend will be crucial.
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Furry
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He's lost less than others, but he's taking a beating like a lot of people. He's been moving to a slightly more conservative position for a while, which has been a reason that people have been making fun of him in the past year. Probably won't be saying that next year.
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Big Phoenix
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I bought 295 shares of AMD @ 40.65 this morning, just sold it at $42.50 because I'm too scared to hold that over the weekend. Goes up another $1 in the 3 minutes before close.
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Blazin
Creative Title
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Well market pulled it off and closed above the support line. This might start to boost confidence.
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ver_21
Molten Core Raider
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Was gonna ask how you played it. Dont' sweat it too much. AMD does its own thing, too.
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karma
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I started learning and playing in the market a little with spare cash a few months ago (been doing a little momentum, swing trading and a bit of longer term stuff). Dumped a little money into a few shares of several different stocks this morning PM. INTC, DIS, those type of things. So far not sad, was expecting to just let them turn red and wait till this was over, then see what I could sell them for. Maybe we will be lucky and See an uptrend continuation?
Furry
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Trump doesn't seem to have any real understanding of the disease, but it appears he's relying on his advisors to get one. I can't really blame him for that, but at least his voice sounds more normal today. I can see why markets reacted positively to this. Dunno if it will carry to next week.
Big Phoenix
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I'm still all in on AMD, still have all the shares from when I bought in at $3.
This was actually my first trade since the above purchase in uhh 2014?
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Sanrith Descartes
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Buffett has more money socked away than most countries. I just don't know what he is gonna do with it.
I read an analysis that said his years of great returns were due to leverage and loans and in the last 5 or 10 years he has underperformed the SP500. I was too lazy to research it for validity so take it for what its worth.
Furry
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Sanrith Descartes
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Look at Bershire versus the SP500 since its inception. It was mind numbing how much better it did year after year. And then the last decade it became human. That early period is where he earned his diety status.
Sanrith Descartes
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I was sorta shocked he didn't lay down some scratch for BA yesterday. Has a moat and strong balance sheet and the Govt won't let it fail. It has warts but that is why it is on the clearance rack.