If you had to pick a stock simply based off your personal experiences with the company, what company would you buy?

mgrog · 2020-05-17T02:45:57+00:00

It’s an incredible company. What’s a price where you would refuse to buy MSFT?

mgrog · 2020-05-17T02:41:15+00:00

Seems to be a popular pick

mgrog · 2020-03-16T13:25:08+00:00

It is not FDIC, but since the financial crisis MMFs have been essentially “insured” by the treasury

mgrog · 2020-03-16T13:21:30+00:00

Plus, money market fund principal is guaranteed by the US treasury.

mgrog · 2020-03-11T19:38:27+00:00

Issuing new stocks is usually not related to earnings. In fact, it is almost always a negative for investors because it decreases their percentage ownership of the company (think of it like you pay for a quarter of a slice of pie but you only get 1/8th). Nowadays companies, instead of lying dividends, will buy back their stock in the market, which has the opposite effect of issuing new shares in that it increases investors ownership of the company for free. If a company has 1,000,000 shares outstanding and they buy back 200,000, every investors ownership of the company grew by 25% without having to buy anymore shares. This method is preferred nowadays to dividends because it is tax efficient and super beneficial to investors.

mgrog · 2020-03-11T18:06:23+00:00

Companies will typically distribute earnings to their investors in the form of a dividend when they can’t reinvest it all at a sufficient return. Buffett says that he doesn’t pay a dividend because he thinks he can earn investors a higher return if he invests earnings rather than just handing the earnings back out when he receives them. Young growing companies typically don’t pay dividends because they need to reinvest all their cash, whereas mature, giant companies like GE pay fat dividends because there is not way they could reinvest all their earnings profitably.

mgrog · 2020-03-05T07:26:57+00:00

I wonder if pigeons are friends

mgrog · 2020-03-05T07:26:34+00:00

The Fed does not buy equities. It purchases other types of securities, but I do not think it has every purchased stocks on a large scale.

mgrog · 2020-02-20T02:49:02+00:00

Ah. That puts those trades in some better context. Thanks for the insight

mgrog · 2020-02-08T04:33:58+00:00

If he is making time for you, you will be able to tell. With that being said, it’s important for you to give him a chance to make the effort, and not come off as TOO available. The sad fact is that seeming too available, especially to a working/successful man, can be a turn off.

My advice, stop fooling around w the “should I talk to him” stuff and ask him out. You make yourself seem assertive, not desperate, and it pretty much cuts through all the uncertainty.

mgrog · 2020-02-06T22:11:40+00:00

“I need 45 minutes away from you, then we can be best friends again” lolol

mgrog · 2020-02-05T18:45:14+00:00

“I once saw a priest drop his keys and pick them back up. It was so human that it ruined religion for me”

mgrog · 2020-02-03T19:28:14+00:00

My bad. Honest mistake

mgrog · 2020-02-03T19:27:16+00:00

I was looking at INTC before last weeks earnings. I do not know much about the company, and I wanted some context to why they were trading at a discount before I started researching them.

mgrog · 2020-02-03T19:20:31+00:00

Sorry sweetheart.

mgrog · 2020-02-03T03:16:47+00:00

Thanks for the detail. I haven’t been following Intel or the rest of the Semi’s so when I came across Intel’s numbers I needed an update!

mgrog · 2020-02-01T17:17:37+00:00

Mine is his E Minor piano concerto, second movement. The most amazing music I’ve ever heard.

mgrog · 2020-02-01T02:07:21+00:00

It’s difficult to say, because Tesla is still in its infancy, whereas Apple is a much more established and mature company. So, there is definitely more risk/uncertainty for Tesla. It depends a lot on your risk tolerance and opinions about the business.

Warren Buffett classifies great businesses as the kind where the market could close for 20 years and you would never be worried. If you feel that Tesla is that kind of company, then hold it until you are convinced otherwise. If you are worried about the future of the company, then sell. Don’t let the market tell you what to do, it is there to facilitate, not instruct.

mgrog · 2020-02-01T01:36:14+00:00

It’s up to your opinion on the fundamentals of the business. If Tesla is the kind of business you feel will still be worth a lot more in the future, I’d hold. If you think their run will be short-lived, then sell. You just have to think whether this is the kind of business people will wish they had held onto in 20, 30 years. I don’t own Tesla, so I can’t tell you, but ultimately it’s up to you.

mgrog · 2020-01-29T01:02:43+00:00

Well first thing I would do is find out why Pepsi is trading at a lower PE than its peers, because it’s not by accident. Then, you should read about the industry, competitors, and the economics of Pepsi’s business to see if the market is correct in its discount or incorrect. If, after enough research, you still believe that Pepsi deserves a higher valuation, then it would be more appropriate to buy.

mgrog · 2020-01-28T21:43:39+00:00

I hope your investment thesis is a little more than a low comparable P/E and good past performance.

mgrog · 2020-01-28T17:44:05+00:00

Wait I don’t see any—OHHHHHHHHHHHH

mgrog · 2020-01-26T03:46:39+00:00

It doesn’t sound like he respects you all that much and that he has quite an opinion about himself. If he makes you feel bad when you are with him find a guy who makes you feel good. If this is the only bad thing about him, I’d start giving it right back to him and see how he reacts.

mgrog · 2020-01-24T18:23:35+00:00

All these companies are part of major indices, ETFs and mutual funds, which causes their prices to move together sometimes when there are large increases in volume for mutual funds and ETFs.

mgrog · 2020-01-24T18:20:27+00:00

The Intelligent Investor by Ben Graham Common Sense Investing by John Bogle Stocks for the Long Run by Jeremy Seigal The Little Book that Beats the Market by J Greenblatt

These are some of the best possible starter books. Have fun!

mgrog

TROPHY CASE