The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. WXYZ

    WXYZ Well-Known Member

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    The markets today are making a BIG FOOL......of "sell in May". It is a pretty good day in the markets so far.

    S&P 500 rises to record to kick off May trading as oil falls, Apple shares jump

    https://www.cnbc.com/2026/04/30/stock-market-today-live-updates.html

    Of course we are seeing some weakness right now. AND....NVDA and GOOGL are RED.....for now.
     
  2. WXYZ

    WXYZ Well-Known Member

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    Today in the markets I would describe as....ADEQUATE. That is about it. A medium gain for me today in my stocks with...NVDA and COST...in the RED. I also beat the SP500 with my stocks by....0.38%.
     
  3. WXYZ

    WXYZ Well-Known Member

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    Here we are starting the month of May. With four months in the history books I am now at a year to date for my entire account of.....+5.37%. Acceptable...not that I have a choice.
     
  4. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.
     
  5. WXYZ

    WXYZ Well-Known Member

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  6. WXYZ

    WXYZ Well-Known Member

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  7. WXYZ

    WXYZ Well-Known Member

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  8. WXYZ

    WXYZ Well-Known Member

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    The INSANITY.....MSFT, NVDA, and META....in the RED for the week.

    Insert my......USUAL RANT.......(here).........

    Doing it this way saves me a lot of time.
     
    #29188 WXYZ, May 1, 2026
    Last edited: May 2, 2026
    Lori Myers likes this.
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    PLTR will report after the bell on Monday. Everything I am seeing is giving me expectations for another big BEAT. The question will be....does it matter?
     
  11. WXYZ

    WXYZ Well-Known Member

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    I find this shocking for a CEO of Berkshire. But that is not the focus of this article.

    Berkshire Investors Praise Greg Abel at Post-Buffett Meeting

    https://finance.yahoo.com/news/berkshire-meeting-highlights-tough-balancing-181631012.html

    ....."Abel, who had never professionally managed money until he became CEO this year, gave shareholders a glimpse of his investment perspective.".....

    This seems like a pretty big responsibility to have to learn on the job....for the first time. This does not give me a warm and fuzzy feeling for Berkshire. I dont think I would want money with a CEO that had NEVER managed money before....especially this amount. In addition I would be afraid he will simply turn out to be a money managing TECHNOCRAT.....or too RIGID.....or a BEAN COUNTER.

    In my view there is MUCH......art and intuition...... that has to go along with all the value analysis and fundamental analysis.
     
    #29191 WXYZ, May 2, 2026
    Last edited: May 2, 2026
  12. WXYZ

    WXYZ Well-Known Member

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    For those that will soon have kids in college.

    My choice for any kid would be one of the TWO primary public universities that you find in nearly every state. Like.....University of Texas, Texas A&M, and in this case a third, Texas Tech. Or like Oregon and Oregon State, or Washington and Washington State. Etc, etc, etc.

    AND....in reality in every state there is a public University that will be a good fit for just about ANY kid.

    Any kid that goes to one of the BIG TWO public colleges in his home state should have a very nice.....sell-able degree...... in their states job market.......and a cost for four years of about $100,000.

    The average cost of college in 2026 (and how to pay for it)

    https://finance.yahoo.com/personal-...NjkhKeeD921JNsfT7Iwaj_I5aN1VhcSltGk41SkL6KN6I
     
  13. WXYZ

    WXYZ Well-Known Member

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    As to the BERKSHIRE meeting....BUffett said:

    "Buffett said the enthusiasm for “gambling” is at a peak.

    “We’ve never had people in a more gambling mood than now,” he said."......

    ......"Buffett compared “markets to a church with a casino attached,” making a distinction between traditional value investing and current enthusiasm for short-term options trading along with increasing interest in prediction markets.

    “People can move between the church and the casino, and I would say there are more people in the church [than] people in the casino, but the casino has gotten very attractive,” he said. “If you’re buying one-day options or selling them, that’s not investing, it’s not speculating – it’s gambling.”"......

    https://www.cnbc.com/2026/05/02/war...athaway-annual-meeting-2026-live-updates.html

    AMEN......God help all the GAMBLERS. AND....the markets.
     
  14. WXYZ

    WXYZ Well-Known Member

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    Compare this to Mr A-Hole.....who is constantly in the media pushing his short trades and newsletter. Not to mention his HORRIBLE investing record and that he is a....one-hit-wonder. It is refreshing to see this.

    Steve Eisman (Big Short investor) says he sees no issue with market right now

    https://seekingalpha.com/news/4583023-steve-eisman-says-he-sees-no-issue-with-market-right-now

    YES.....he is BULLISH in spite of the constant BS about "volatility" and "valuation".

    He also....correctly in my view....DISMISSED the constant media BS about a "regime change" in the market leaders. He is positive on tech stocks.
     
  15. rg7803

    rg7803 Well-Known Member

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    That value you said, for 4 years, are just the fees you pay to public univ, or are you also counting with accommodation, food, transports, books etc etc?

    Here, public universities have a top ceiling, they can charge up to 1200$ per year. Private schools diferent story, but public university far better quality than private.
     
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  16. WXYZ

    WXYZ Well-Known Member

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    Hi RG. the average of about $25,800....is for tuition, fees, and room and board.
     
  17. WXYZ

    WXYZ Well-Known Member

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    YES....it really is this SIMPLE. Of course as HUMANS....doing anything simply is just about impossible for most of us.

    Become a ‘lazy’ millionaire: This one habit can add a 20% bonus to your retirement
    The S&P 500 just banked its best month since 2020 — but to keep those gains, stop celebrating and focus long-term

    https://www.marketwatch.com/story/b...0-bonus-to-your-retirement-cf7d715a?st=AcgvNq

    "The best response to the stock market’s whipsaws is to ignore them.

    That’s easier said than done — and if ignoring the market’s volatility is impossible, you should turn off the financial news altogether.

    Counterintuitively, not only will you sleep more easily, your investment performance will likely improve as well. That’s according to a fascinating study of how investors’ behavior changes when they stop thinking short-term and see investments with a time horizon of more than 12 months"......
     
  18. WXYZ

    WXYZ Well-Known Member

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  19. WXYZ

    WXYZ Well-Known Member

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    Some positive information here regarding retirement and survey results. No you cant trust any of the financial POLLS. They are TOTALLY wrong and distorted.

    LIVING PAYCHECK TO PAYCHECK ON:
    Half a Million Dollars

    https://awealthofcommonsense.com/2026/05/half-a-million-dollars/

    ......"Obviously, the economy is not perfect. It never is. Inflation is painful for many households. Some households are doing better than others.

    But please don’t believe every survey you read.

    Watch what they do not what they say.".....
     
  20. WXYZ

    WXYZ Well-Known Member

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    A.....mixed....open today. the DOW isdown....the SP500 is slightly red.....and the NASDAQ is green. Want to know how we close....flip a coin.

    BUT.....for me....it is all about PLTR today since they report after the bell. I am expecting ANOTHER.......BIG beat. I am also expecting....based on the probabilities that we have seen with tech earnings over the past five years......either no reaction or a short term drop in the stock.

    BUT....HOPE springs eternal....that the markets will for once WAKE UP.....and live in the world of REALITY for at least a few days.

    S&P 500 opens slightly lower as traders eye oil gain, Iran developments

    https://www.cnbc.com/2026/05/03/stock-market-today-live-updates.html
     

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