rodr
Well-known member
Hate is not the issue.
youtu.be/wTjMqda19wk
That was 2012. I don't think the country is any better off now.
2020 Investment Thread
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Hate is not the issue.
youtu.be/wTjMqda19wk
That was 2012. I don't think the country is any better off now.
rothmans
Lowering my expectations
I am gonna give you one hour to edit this post and then I am reporting this to one of the aphabet agencies. :flag:flag
Joking aside, anyone who has actually spent time in real 1st world countries (Switzerland, Japan, Singapore...even Oz) knows that America is rapidly falling into 3rd world status.
rothmans
Lowering my expectations
afm199
Well-known member
Seriously? This is an investment thread, not a commentary on the state of America.
Entoptic
Red Power!
I'm with everyone else. Your video has nothing to do with investing and you're in an investing thread. If it does, no one sees it and if you are trying to make a point just do it. You can use politics to explain your position but keep the focus on investing.
Let's get back to investing.
What do you all think of this? That doesn't affect me much but I'm sure this stirs the pot. Buffet bracing for a crash yet we've already had one. Bounced and haven't tested the bottom for a second time. What is he fearful of? The same thing I am. That we are far from the bottom on this one.
https://www-ccn-com.cdn.ampproject....ket-crash/?usqp=mq331AQFKAGwASA=&_js_v=0.1
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afm199
Well-known member
:thumbup
jt2
Eschew Obfuscation
Could be.
There are two fairly obvious and strong opposing forces at work here:
One is that we're in a very steep recession already (and that is the best-case scenario). Spending in a huge swath of the economy has stopped dead in its tracks. Kiplinger's forecast is -30% GDP (yes, 30!) for Q2, followed by a "major bounceback" in 2H netting in -4% for the year.
That is a strong signal to sell and keep your powder dry.
On the other hand, you have the hugely inflationary effect of 2 Trillion dollars just uncorked, with likely more to come. Interest rates, at least for now will stay low or perhaps even go lower.
Which is a signal, absent other factors to buy and load up on cheap debt to do so.
I think that which way it will break depends on how soon and quick the recovery is.
The largest economy in the world just went into cardiac arrest, and the bet is if the paddles will work (or more accurately, how many jolts it will take). I'm guessing the recovery won't be as fast as many hope and we're in for a long slog. But it is just that, a guess. We're in uncharted territory, so anyone that tells you they know for sure how this plays out is likely either a fool or selling something.
To find a silver lining to all this uncertainty, this prompts an examination of the supply chain so that we can be better prepared for the next interruption/disruption. There is always room for improvement.
https://sloanreview.mit.edu/article/is-it-time-to-rethink-globalized-supply-chains/
https://sloanreview.mit.edu/article/is-it-time-to-rethink-globalized-supply-chains/
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byke
Well-known member
First, that looks like a trash site. Second, is $30m really a "stock dump" for Warren Buffet, or more like an expensive lunch? Third, what's left for investors to discover? What are the possible unknowns? I think we're past the bottom.
Entoptic
Red Power!
1. if that site is trash you can find others that are talking about. It came across my feed and I apologize that I didn't hit your list of approved sites for financial info.
2. Imo 30m is a stock dump regardless of who you are or how much money you have. That 30m will impact the company and market regardless of the owners wealth.
3. The possible unknowns are huge. We haven't even begun to understand how this will impact us and calling a bottom seems to be a little cart before the horse to me. The last recession lasted years, how come this one will only last 2 months?
Can you bring up some info to support your bottom theory? I'm all ears and always open to hearing what people see in the market. I'm just curious how you are coming to your conclusion.
A famous quote from Buffet - Be greedy when the market is fearful, and fearful when the market is greedy. I feel like the market is being super greedy right now. Don't you?
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afm199
Well-known member
1. if that site is trash you can find others that are talking about. It came across my feed and I apologize that I didn't hit your list of approved sites for financial info.
2. Imo 30m is a stock dump regardless of who you are or how much money you have. That 30m will impact the company and market regardless of the owners wealth.
3. The possible unknowns are huge. We haven't even begun to understand how this will impact us and calling a bottom seems to be a little cart before the horse to me. The last recession lasted years, how come this one will only last 2 months?
Can you bring up some info to support your bottom theory? I'm all ears and always open to hearing what people see in the market. I'm just curious how you are coming to your conclusion.
A famous quote from Buffet - Be greedy when the market is fearful, and fearful when the market is greedy. I feel like the market is being super greedy right now. Don't you?
The unknowns are always huge. We don't know what is going to happen.
If you want to invest and find a stock you like, at a price you like, it's a good time to do it. If you decide to wait until "the bottom," you're simply saying that you know what's going to happen. I have no idea what's going to happen. I have bought quite a few stocks in the last month. I'm not recommending that or not recommending that. I'm stating the obvious. Nobody knows what is going to happen.
$30 million to Buffett is chump change. He usually spends far more than that on any purchases.
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