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Post by missouriboy on Jun 13, 2023 12:31:14 GMT
California? Illinois? How many other Progressive States will soon fall into the failure category? They will want ... |
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Post by walnut on Jun 13, 2023 13:09:18 GMT
California? Illinois? How many other Progressive States will soon fall into the failure category? They will want ... They got what they apparently wanted. There's no way I would pay that. |
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Post by code on Jun 13, 2023 14:32:15 GMT
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Post by glennkoks on Jun 14, 2023 12:43:48 GMT
California? Illinois? How many other Progressive States will soon fall into the failure category? They will want ... They got what they apparently wanted. There's no way I would pay that. Californians are like locusts in Texas. They sold the home that their parents purchased for 20,000 in the 1960's for four million dollars. Then they move to Texas and buy a bigger better home in Austin for 750,000. They retire off the the gains with their plush California pensions and vote blue. Slowly turning our red state to a liberal bastion of filth. Thinking all along that liberalism works. Never understanding the fact that you have to "leave" your liberal state behind and move to a conservative one to cash out to realize the gains. Sooner or later, like a swarm of locusts devouring the crops there will be no conservative state left to escape to. I for one am all for a steep, steep exit tax on Californians. And that is the only tax increase I have ever been "for". |
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Post by missouriboy on Jun 14, 2023 14:44:24 GMT
They may yet become acquainted with the Rebel yell.
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Post by phydeaux2363 on Jun 14, 2023 20:08:05 GMT
Move to Mississippi, Mr. Glenn. If people from California even know the state exists, they sure as hell aren't coming here to live. Makes it a fine place to lay down your head.
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Post by ratty on Jun 14, 2023 23:59:34 GMT
Move to Mississippi, Mr. Glenn. If people from California even know the state exists, they sure as hell aren't coming here to live. Makes it a fine place to lay down your head. I watch a nightly quiz: Ignorance of geography is not confined to Californians. |
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Post by missouriboy on Jun 15, 2023 3:51:54 GMT
Move to Mississippi, Mr. Glenn. If people from California even know the state exists, they sure as hell aren't coming here to live. Makes it a fine place to lay down your head. I watch a nightly quiz: Ignorance of geography is not confined to Californians. Indeed Ratty. The majority of American high schoolers could probably not identify Australia on a map. Many would not even know it was a country. |
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Post by walnut on Jun 15, 2023 4:08:40 GMT
I said this?? Our business is very slow.
Theoretically, stock prices represent the present value of future cash flows, discounted back at a rate which includes a risk premium + the risk free rate of interest. The stock market is generally very forward looking and is a leading indicator of the economy. We could infer that investors have thought that a recession was coming since New Years, hence the 2 quarter drop. But the stock market has lately been bullish. So maybe this recession will be relatively mild.
I'm up 12% in two weeks. Costco has knocked it out of the park, Amazon beat on earnings today and killed it, and Microsoft has been going up too.
Anytime you want to share proprietary insights on this thread I will be reading. I drive a 1995 Chevy S-10 Blazer with 300K on the Odo not because I want to. I'm up $81 per share on my Microsoft. You gotta be buying when most are talking gloomy doom. Next they'll be saying that stocks are too expensive to make any sense. And they will be... |
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Post by duwayne on Jun 15, 2023 17:31:55 GMT
Anytime you want to share proprietary insights on this thread I will be reading. I drive a 1995 Chevy S-10 Blazer with 300K on the Odo not because I want to. I'm up $81 per share on my Microsoft. You gotta be buying when most are talking gloomy doom. Next they'll be saying that stocks are too expensive to make any sense. And they will be... Is it time to sell?
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Post by walnut on Jun 15, 2023 20:25:48 GMT
I'm up $81 per share on my Microsoft. You gotta be buying when most are talking gloomy doom. Next they'll be saying that stocks are too expensive to make any sense. And they will be... Is it time to sell?
It's up another $10.80 today. I feel a little tempted to sell but I can see holding MSFT basically forever. When they fire the rest of their workers to be replaced by AI and a skeleton crew, EPS is going to go through the roof. I wouldn't trade it for Biden monopoly money anyway. What do you think Duwayne, do you have some? The roads are absolutely packed around here, and business is picking up nicely. Now that they are finally saying possibly recession, we're heading for a boom. There was a recession, it's already ending. They are like a year behind. They always are. |
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Post by glennkoks on Jun 16, 2023 13:23:01 GMT
It's up another $10.80 today. I feel a little tempted to sell but I can see holding MSFT basically forever. When they fire the rest of their workers to be replaced by AI and a skeleton crew, EPS is going to go through the roof. I wouldn't trade it for Biden monopoly money anyway. What do you think Duwayne, do you have some? The roads are absolutely packed around here, and business is picking up nicely. Now that they are finally saying possibly recession, we're heading for a boom. There was a recession, it's already ending. They are like a year behind. They always are. The macro climate does seem to "feel" better. Europe survived the winter with adequate natural gas supplies. Ukraine is at a minimum holding their own against Russia. Unemployment is still very low here in the US. With that being said an entire generation of investors have never experienced anything but a low rate free money environment. That no longer exists. I am not sure we are headed for a boom or bust. I'm cautiously optimistic but not buying yet. |
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Post by walnut on Jun 16, 2023 13:38:33 GMT
It's up another $10.80 today. I feel a little tempted to sell but I can see holding MSFT basically forever. When they fire the rest of their workers to be replaced by AI and a skeleton crew, EPS is going to go through the roof. I wouldn't trade it for Biden monopoly money anyway. What do you think Duwayne, do you have some? The roads are absolutely packed around here, and business is picking up nicely. Now that they are finally saying possibly recession, we're heading for a boom. There was a recession, it's already ending. They are like a year behind. They always are. The macro climate does seem to "feel" better. Europe survived the winter with adequate natural gas supplies. Ukraine is at a minimum holding their own against Russia. Unemployment is still very low here in the US. With that being said an entire generation of investors have never experienced anything but a low rate free money environment. That no longer exists. I am not sure we are headed for a boom or bust. I'm cautiously optimistic but not buying yet. I probably somewhat overstated my level of confidence. Given that we have parts of government which seem to be actively working against our economic best interests, this recovery is not on real solid ground. But yes, things are picking up for now. I'm fairly surprised myself. |
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Post by walnut on Jun 16, 2023 13:45:50 GMT
It's up another $10.80 today. I feel a little tempted to sell but I can see holding MSFT basically forever. When they fire the rest of their workers to be replaced by AI and a skeleton crew, EPS is going to go through the roof. I wouldn't trade it for Biden monopoly money anyway. What do you think Duwayne, do you have some? The roads are absolutely packed around here, and business is picking up nicely. Now that they are finally saying possibly recession, we're heading for a boom. There was a recession, it's already ending. They are like a year behind. They always are. The macro climate does seem to "feel" better. Europe survived the winter with adequate natural gas supplies. Ukraine is at a minimum holding their own against Russia. Unemployment is still very low here in the US. With that being said an entire generation of investors have never experienced anything but a low rate free money environment. That no longer exists. I am not sure we are headed for a boom or bust. I'm cautiously optimistic but not buying yet. It's difficult to successfully invade another country of any determined competence and resources. When was the last time we pulled it off? Spanish American war? Possibly Iraq. We spent $10 to make 30 cents. That's hardly a success. |
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Post by missouriboy on Jun 16, 2023 16:35:42 GMT
It's up another $10.80 today. I feel a little tempted to sell but I can see holding MSFT basically forever. When they fire the rest of their workers to be replaced by AI and a skeleton crew, EPS is going to go through the roof. I wouldn't trade it for Biden monopoly money anyway. What do you think Duwayne, do you have some? The roads are absolutely packed around here, and business is picking up nicely. Now that they are finally saying possibly recession, we're heading for a boom. There was a recession, it's already ending. They are like a year behind. They always are. And yet we trust them to prognosticate the future and devise policy. Who are the dumb ones here? Keep an eye out for those Okies returning from California. |
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