Personally I have ZERO plans to change anything in my stocks. I am content to.....WAIT IT OUT.....on the big cap tech holdings. My view is that all the AI spending is justified and exactly what these companies should be doing right now. I do NOT believe in the "AI JITTERS" headlines.....and.....all the BS about...." when will we see the pay-off from AI". I will note that recently even......GASP......MR A-HOLE.....has started investing in MSFT.
I simply cannot advise on stock purchases, my big horned friend. Please accept my apology for not engaging. I'm going to do something infinitely more positive than pick stocks for anyone. A few pages ago, I extended an invitation to discuss idea incubation. Where do our ideas come from? How do we find a needle in the haystack? There are three likely possibilities of why no one engaged: 1) people don't want to share their ideas in public or perhaps not at all 2) people aren't interested in engaging with me as my ideas do not follow the thinking of the average investor 3) people don't have ideas and are simply picking stocks like race horses at the track My take is that #3 is absolutely true for most. #2 is the case for two people. #1 could be the case for some. I'm going to share some advice. You're all nVidia investors. When I write that nVidia is not the future, a few of you are upset by it. One reacts so strongly, they feel the need to jump in and disagree. If you are not willing to admit to yourself that you are in this group, you do not have the temperament of an investor. You would do better to stick to index. If you don't read and follow companies sufficiently closely to know what they've done, what they're doing, and their plans for the future, you are not an investor. You are going along with the crowd. You are selecting a horse based on the attractive color of the jockey's jersey. Again, you will do better with an index. If you get 100% of your corporate news from the mainstream media, you are absolutely and completely misinformed. This has been established and we all seem to be in agreement. Why do we allow talking excrement to influence our investment decisions? Maybe it's time to think for ourselves. What is the average investment horizon in this group? I can't help but notice the thread subject is, "The Long Term Investor". That means 5+ year investment horizon to me. Why are we here, in this thread? We don't want to discuss how we come up with our ideas. We don't talk much about buys and spreads. I've seen a few people mentioning purchase specific companies. That's good. Are we just a bunch of people, hanging out by the rail, cheering for our horse? It's a lot more profitable to hang out in the paddock and observe the horses closely, than it is to stand at the finish line and see if our gut instinct was lucky today. Let me share a little bit of my own journey. I come from nothing. When I was 16, my oldest brother told someone that my parent's couldn't afford to feed us when my brothers and I were young. I jumped in with, "What are you talking about?" When he said, "Why do you think we ate at Aunt V's four days per week?" I knew he was right. Damn.... I never thought I would be throwing around the kind of numbers I am now. I just threw some money into a startup that hasn't even IPOed, yet. There is a 60% chance I will lose all of that money. I don't know how to feel about that. We're all on our own journey. Every person in this thread has my very best wishes for health and success. I extend my best regards to you all.
4) You were an arrogant asshole to me last time we spoke, so I declined to reply out of self respect. I suspect nobody responded due to your holier than thou attitude and tired strawman arguments. You are the only one here who thinks they have an edge over everyone else. You don't. Get over yourself.
