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Number of Posts:1118
Registered on:3/15/2015
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re: Shocked the market is up. - Decisions
[quote]Define "artificial."[/quote] If I can buy/sell on at these prices I’d say they’re pretty “real”. People obsess over how they feel markets/government policy “should” be. What matters is where we are now and how long that set of rules is going to continue/swing going forward. ...
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re: Bearish Dollar VS What Currency? - Decisions
[quote]Why do I think the dollar will be diminished 15%? We currently have 10.5 trillion dollars in the world today, and we’re about to add another 2 trillion dollars more within a few weeks.[/quote] I wouldn’t be so quick to assume this is a 1:1 relationship. As was stated earlier, several othe...
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re: 10 most influential authors in your life? - Decisions
These aren’t necessarily in order, but merely how they came to me. 1. Tolkien. There’s no doubt in my mind that reading him at a young age greatly improved my diction. He also inspired much of my original belief in ideal heroes and their values. 2. Jules Verne. Journey to the Center of the Ear...
Posted on Book Board
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Stock buybacks and recovery expectations - Decisions
For months prior to this correction a good bit of what I read about the market run claimed it was largely based in company stock buybacks from Trump’s tax breaks. Whether or not the rhetoric about limiting/forbidding companies that receive stimulus from doing buybacks is followed through on, I’d sa...
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re: Delta suspends dividend, borrows 2.6 billion dollars - Decisions
[quote]GM 2009 shareholders say HI![/quote] You can bet your bottom dollar that Buffett is NOT letting his stock get wiped out. ...
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re: obvious plays are not obvious - Decisions
Would you mind defining in what way you think the plays are over? i.e. stop shorting Boeing, LUV, and DAL or don’t go long?...
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re: Real Estate - Decisions
I could see major, institutional investors offloading under-performing properties to cover losses in the stock market if things don’t rebound by fall. Smaller players could start much sooner....
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re: What's an exciting classic book you would recommend? - Decisions
Journey to the Center of the Earth 20,000 Leagues Under the Sea I always enjoyed Jules Verne....
Posted on Book Board
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re: Buying stocks on margin - Decisions
I mean sure, it can work. Just don’t kill yourself if we have another major leg down and you get margin called....
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re: Reparation for a bar owner who is forced to close? - Decisions
[quote]insurance is going to say if they have to pay out these claims they'll all go under[/quote] And this is why insurance is quite possibly the biggest scam of them all. It’s a pyramid scheme at best and a con artist at worst. ...
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re: Is a large scale bank run likely? - Decisions
[quote]This is going to create a massive liquidity crunch [/quote] Liquidity is the very least of my concerns. We’ve got that in spades with the discount rate at zero....
Posted on Money Talk
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re: What did you buy/are you buying today? 3/16/20 - Decisions
[quote]rational people wouldn't be buying airline stocks now without the support[/quote] Let’s play out this hypothetical line of thought. Say there’s no support/bailouts/etc and these airline companies went bankrupt. What do you think would happen to the leftover assets (planes)? I’ll tell ...
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re: First sign of temporary bottom I have seen - Decisions
[quote]the peak of the corona outbreaks in the US. [/quote] I could see another week of true panic. Maybe even two. After that I think short attention spans and a need to make money/do things will outweigh the hysteria and push people back to reason....
Posted on Money Talk
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re: These massive swings... Is it just me, or is it easy to trade - Decisions
Volatility is the bread and butter of many strategies. It doesn’t matter which direction, as long as there’s movement....
Posted on Money Talk
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re: Federal Reserve still has 'bazookas left in the war chest' - Decisions
[quote]but banks actually have to do something with said cash.[/quote] They’ll do the same thing they did last time all of this happened. Take the new, cheap money and buy bonds. Not issue more loans. ETA: Check out what the treasury yield curve has done over the last few days: [link=(https:...
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re: How low do the airlines go? - Decisions
Delta is off almost 50% from a month ago. At this point don’t worry about picking the bottom, the fire sale is in full effect and people should be scooping everything they can afford....
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re: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing - Decisions
[quote]I'm going to say its going to cause them to make more loans out of the need to. [/quote] It’s going to force more mergers to spread out operating costs and break those who are already in too bad of shape to be an appealing merge target. The days of the small community bank were numbered...
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re: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing - Decisions
[quote]quote: How will that effect inflation? Hopefully increase it. Right? [/quote] It’s very likely that it would only be a narrow form of inflation. Milk and eggs aren’t going to be inflated by this. Stocks, bonds, possibly land. That’s where you’ll see the inflation. ...
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re: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing - Decisions
[quote]Because borrowing money is central to just about every business in every industry[/quote] Exactly. Unless you’re a pension/hedge fund or private equity you always use borrowed money to invest. ...
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re: Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing - Decisions
[quote]how can zero percent be good?[/quote] It’s great for everyone but the banks, whose spreads are only going to get tighter, thus making bad loans even more debilitating. I hope our Fed has observed the crunch European banks are in with 0% interest and bad loans. Also, I feel like liqui...
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