In today’s world of scrolling and news overload, it can be easy to get caught up in what ‘pundits’ may say – be it with practically anything. One of the topics I always follow in my newsfeeds (not Facebook) on my news apps is/are stocks. It can be easy to read a flashy headline or quip, then question things or even your own strategy. But keep this in mind:
So – you’d be better off doing The Opposite of what Jim Cramer suggests, folks.
More here if you’re bored.
Dumped more into AMZN late March … earnings today, will be on sale in am. Sweeping recent gains from travel stocks that tanked 45 days ago with COVID and will be dumping into AMZN in the am. 10 more shares while on sale …
With all of this COVID Scare, the market has been thrashed over the past 2 weeks. A month ago, a day +/- 100 would envoke emotion (elation/fear). Today, the new norm is a fluctuation of 500 – 2000 points. It’s crazy – and people have been panicking. Panic is the word – the lever, the ‘GO’.
“A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
“You make most of your money in a bear market, you just don’t realize it at the time.” — Shelby Cullom Davis
This is literally a once-in-a-lifetime market. Tomorrow, I get my annual bonus. I have been waiting for this, doing due diligence over the past 2 weeks. I will be increasing my MSFT and AMZN holdings bigly, as well as adding some additional tickers to my portfolio – relative to travel and hospitality.
Hell – practically everything is on sale right – a BOGO event, if you will.
Go Big.
Been very lucky with MSFT stock … this news is HUGE (announced Friday) and had been lurking for over a year now as a possibility.
Looking forward to Monday market open.
Interesting article on the economics of ordering pizza.
In summary …
The math of why bigger pizzas are such a good deal is simple: A pizza is a circle, and the area of a circle increases with the square of the radius. So, for example, a 16-inch pizza is actually four times as big as an 8-inch pizza.
And when you look at thousands of pizza prices from around the U.S., you see that you almost always get a much, much better deal when you buy a bigger pizza.
I’ve been hearing a lot about this lately on some of the sites I frequent – there is a lot of chatter out there about this technology.
So, then, I’ll just leave this link here.