Author Topic: What are you buying today?  (Read 1089764 times)

Jurgis

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Re: What are you buying today?
« Reply #3450 on: December 06, 2018, 02:48:34 PM »
BRK, WFC, AAPL.

Not as much as i wanted because Jurgis was buying today moved the market.



When a guy has to buy, a guy has to buy.  8)

Honestly, a stint of good humor in this carnage does not harm anyone. -Which also brings me to the point: What have you been buying today, Jurgis? [The answer for my own part to that particular question is: Nothing].

Sorry, but I don't post day-to-day purchases and sales.

I'll post my monthly activity as always on SI and my blog.

IMO nobody should follow what I buy or sell or base any decisions on that.  8)



Everything I posted to rb is true. To some degree.  8)
"Before you can be rich, you must be poor." - Nef Anyo
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rb

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Re: What are you buying today?
« Reply #3451 on: December 06, 2018, 02:55:41 PM »
I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS!  ;D

Jurgis

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Re: What are you buying today?
« Reply #3452 on: December 06, 2018, 02:57:02 PM »
I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS!  ;D

I LOVE CANADA!

...

oh wait.

You said CARNAGE.

Never mind.
"Before you can be rich, you must be poor." - Nef Anyo
--------------------------------------------------------------------
"American History X", "Milk", "The Insider", "Dirty Money", "LBJ"

John Hjorth

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Re: What are you buying today?
« Reply #3453 on: December 06, 2018, 03:18:33 PM »
I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS!  ;D

I LOVE CANADA!

...

oh wait.

You said CARNAGE.

Never mind.
BRK, WFC, AAPL.

Not as much as i wanted because Jurgis was buying today moved the market.



When a guy has to buy, a guy has to buy.  8)

Honestly, a stint of good humor in this carnage does not harm anyone. -Which also brings me to the point: What have you been buying today, Jurgis? [The answer for my own part to that particular question is: Nothing].

Sorry, but I don't post day-to-day purchases and sales.

I'll post my monthly activity as always on SI and my blog.

IMO nobody should follow what I buy or sell or base any decisions on that.  8)

Everything I posted to rb is true. To some degree.  8)


I'll let it go from here, and stay away from it here on CoBF going forward, as useless, from my own personal perspective.
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

muscleman

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Re: What are you buying today?
« Reply #3454 on: December 07, 2018, 11:12:19 AM »
I put 85% of my portfolio into BIL today. This is the 3 month treasury bill ETF.
I am not seeing a lot of opportunities right now, so I am patiently waiting and spending a lot of time researching.
For people who bought AAPL thinking it is cheap, don't forget Cisco lost 90% in 2000 before it turns back up. AAPL changed its reporting metrics. This is a big red flag.

Mephistopheles

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Re: What are you buying today?
« Reply #3455 on: December 07, 2018, 11:13:24 AM »
What was Cisco’s P/E or EV/EBIT before it collapsed ?

SHDL

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Re: What are you buying today?
« Reply #3456 on: December 07, 2018, 11:31:15 AM »
Well I do hope AAPL follows CSCO’s lead and drops 90% from here.  That’ll be the perfect opportunity to utilize the huge leverage I can get by mortgaging my home and putting the proceeds in a margin account and then buying as many OTM calls as I possibly can. 

muscleman

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Re: What are you buying today?
« Reply #3457 on: December 07, 2018, 11:42:39 AM »
What was Cisco’s P/E or EV/EBIT before it collapsed ?

Over the past 10 years, I've seen two kinds of collapses. First is sky high valuation followed by disillusioned shareholders. Second is stock moving lower first, and value investors screaming bargain all the way down, while E continues to deteriorate. I think AAPL is in the second basket. The problem with valuation with P/E is that you have to be damn sure that E is going to go up, not down. AAPL is changing reporting standards. That's a tip off that the next few Es will be bad.

maybe4less

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Re: What are you buying today?
« Reply #3458 on: December 07, 2018, 12:40:25 PM »
What was Cisco’s P/E or EV/EBIT before it collapsed ?

Over the past 10 years, I've seen two kinds of collapses. First is sky high valuation followed by disillusioned shareholders. Second is stock moving lower first, and value investors screaming bargain all the way down, while E continues to deteriorate. I think AAPL is in the second basket. The problem with valuation with P/E is that you have to be damn sure that E is going to go up, not down. AAPL is changing reporting standards. That's a tip off that the next few Es will be bad.

No opinion on whether Apple is this second kind of stock or not, but the comparison to Cisco in 2000 is just ridiculous. I think even Apple bears would find it so. Two totally different situations and valuations.

rb

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Re: What are you buying today?
« Reply #3459 on: December 07, 2018, 01:14:50 PM »
Picked up more BRK, WFC, AAPL