Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1

[lowlife]

I sold some off a couple months ago so I'm only paying long term capital gains but I'm really just holding and DCA'ing in as each dip happens. I'm not good enough to mess with options and I'm really just starting to move more toward SP500 over individual stocks. Becoming a boring old man I guess.

What's your next move?



Yeah I've been in it for a while but it sucks to see my portfolio go from 95% green, well into the double digit gains percent wise to half and half now.

Smart move. Buy when things seem the bleakest. Takes some time to figure that out. Early on I was reacting too quickly and wasting my money.

I'm still just learning options. I've been sitting on the sideline the last couple of weeks taking stock in my performance so far, and waiting to get a better idea of where we're headed. I think a recession at this point is almost inevitable. Most likely I'll jump back in next week but it'll be vertical spreads for now to play it safe.

 

[Pittie Petey]

And here comes the Costco free fall, right on time

You people should just start paying me to invest in whatever stocks you wanna invest in so I can do it first and get you a better price a few days later

 

[aerius]

And here comes the Costco free fall, right on time

You people should just start paying me to invest in whatever stocks you wanna invest in so I can do it first and get you a better price a few days later

I just short every stock you invest in, it's working out great so far!

 

[Pittie Petey]

I just short every stock you invest in, it's working out great so far!

 

[Pittie Petey]

Maybe I should create a whole new identity so I could start shorting myself

 

[HockeyBjj]

Letting my 401k with paycheck deposits just ride it out as is, figuring buying the cheaper stock buys make up for the losses the existing take and if a fast upswing happens because Trump changes his mind on tarrrifs on a whim it's still there for the ride up

An IRA from an old job I never rolled over that's about a third the amount I did toss into a HYSA fund so I don't have to keep watching that number drop. I'll put it back into the market when things seem to stabilize

Trump of all people saying "You can't really watch the stock market" has me shook. And I'm not tuned in enough to play the single stock game for what's holding on or shorts.

 

[PG29 red0 Jr]

I attempted to buy the dip, bought more IWM and SPY on 3/11/25. Hopefully this was a good long term move? Time will tell.

 

[HOLA]

And here comes the Costco free fall, right on time

You people should just start paying me to invest in whatever stocks you wanna invest in so I can do it first and get you a better price a few days later

Costco really is a fantastic company, one of my favorites, but its valuation was sky high recently. Over the last 10 years it has been trading at about 35x earnings on average, which is itself very expensive. Recently it has been trading at over 60x earnings.

Even if the company is great, you can still overpay for it.

 

[Pittie Petey]

Costco really is a fantastic company, one of my favorites, but its valuation was sky high recently. Over the last 10 years it has been trading at about 35x earnings on average, which is itself very expensive. Recently it has been trading at over 60x earnings.

Even if the company is great, you can still overpay for it.

Dont worry, it will be undervalued soon, thanks to ole Pete

Get ready to load up on some more URI too cause I'm working my magic on that bad boy also

 

[King Joffery]

Starting to have some doubts I'll hit my 100% return target for the year. I was up 49% after 6 months but went into the negative last week although very slowly starting to recover and back to around a positive 4% now.

Talk about people massively overreacting, bunch of morons, those who panic sold deserve to lose money. I'm confident it will bounce back eventually but unfortunately I will be forced to sell a good chunk of my stocks next month as I'll need the money for some other investment which is bad timing as the stocks will still likely be undervalued then.

 

[Stoic1]

My 1800 shares of MSFT made my portfolio breathe a sigh of relief today.

It's still a good time to get in. Still projected over 500.

 

[Gas121]

Nice pump today.

I'm looking at Victoria's Secret (VSCO), stock has been hammered and down -45% in a month. Insiders are buying stock 17m. Solid name brand recognition with a stable balance sheet. This might be worth a look IMO as a turn around play.

 

[Rob Battisti]

Starting to have some doubts I'll hit my 100% return target for the year. I was up 49% after 6 months but went into the negative last week although very slowly starting to recover and back to around a positive 4% now.

Talk about people massively overreacting, bunch of morons, those who panic sold deserve to lose money. I'm confident it will bounce back eventually but unfortunately I will be forced to sell a good chunk of my stocks next month as I'll need the money for some other investment which is bad timing as the stocks will still likely be undervalued then.

Highest I’ve ever gotten was 80%

 

[HOLA]

Hurray for second chances. ITOCY ended up going up to $116 and has now fallen back down. It's usually not volatile at all, but it has been the last 3-4 months. Anyway, I backed up the truck and doubled my investment today at $84.36.

Woohoo. Up to $97. Buffett just added to all 5 of the trading houses.

…..

https://www.cnbc.com/2025/03/17/buffett-hikes-stakes-in-five-japanese-trading-houses-to-almost-10percent-each.html

Warren Buffett’s love for Japanese stocks grows fonder even as he increasingly sells U.S. equities.

The 94-year-old investor’s Berkshire Hathaway holding company raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo — by more than 1 percentage point each, to stakes ranging from 8.5% to 9.8%, according to a regulatory filing.

The “Oracle of Omaha” said in his 2024 annual letter that Berkshire is committed to its Japanese investments for the long term and has reached an agreement with the companies to go beyond an initial 10% ceiling.

All five are the biggest “sogo shosha,” or trading houses, in Japan that invest across diverse sectors domestically and abroad — “in a manner somewhat similar to Berkshire itself,” Buffett said. Berkshire first bought into the companies in the summer of 2019.

Part of the investment strategy involves Buffett hedging currency risk by selling Japanese debt and then pocketing the difference between dividends from the investments and the bond coupon payments he has to make to service the debt.

At the end of 2024, the market value of Berkshire’s Japanese holdings came to $23.5 billion, at an aggregate cost of $13.8 billion. The investor praised the companies’ managements, relationships with their investors and their capital deployment strategies.

Buffett first unveiled the Japanese positionsd on his 90th birthday in August 2020 after making regular purchases on the Tokyo Stock Exchange, saying he was “confounded” by the opportunity and was attracted to the trading houses’ dividend growth.

In 2023, Buffett even paid a visit to Japan with his designated successor Greg Abel and met with the heads of the Japanese firms. He said he’d like Berkshire to own the companies forever.

The student of famed investor Benjamin Graham has been aggressively selling U.S. stocks and growing his record cash pile to $334 billion. Berkshire sold more than $134 billion worth of stocks in 2024, largely by shrinking the size of Berkshire’s two largest equity holdings — Apple and Bank of America.

 

[HOLA]

Whoops.

 

[HOLA]

Edit

 

[HOLA]

SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the biggest acquisition in the tech giant’s 26-year history.

The proposed takeover announced Tuesday is part of Google’s aggressive expansion into cloud computing during an artificial intelligence boom. The frenzied push into AI is driving demand for data centers and Google is going up against two other tech powerhouses, Microsoft and Amazon.

If the all-cash transaction is approved by regulators, Wiz will join Google Cloud — an increasingly important part of its business separate from its search and advertising operations that account for most of annual revenues of $350 billion at Google’s parent company, Alphabet.

With the advent of AI, however, the cloud division has become a rising star at Google. Annual revenue in the division that was $26.3 billion in 2022, soared 64% to $43.2 billion last year.

…..

Added more today at $159.43.

 

[WhiteMousse]

Guys what's a short?

 

[toasty]

Guys what's a short?

It’s more complex than this but essentially a short is a bet that a stock will go down in value.

The risk is there is theoretically no limit to how high a stock can go so you’re losses can be pretty devastating if ur wrong or if it meme’s like gamestop

If ur long a stock it can only go down to 0 so u can only lose what u put in

Now a naked short. That is my wife’s clue to gird her loins and grit her teeth

 

[HOLA]

Accounting shenanigans over at Tesler?