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state of the market (pg. 5)
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| malek |
RY 32.23 +3.44 (11.95%)
NA 37.51 +2.05 (5.78%) |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
Well you sold me... :p I am putting some money into them next week. :D |
Good luck. This is a very volatile stock so do not be alarmed when it goes down 10% in a day, and up 10% in a day. But I think the company backing the stock is of good quality. |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
Good luck. This is a very volatile stock so do not be alarmed when it goes down 10% in a day, and up 10% in a day. But I think the company backing the stock is of good quality. |
I'm not that worried, I am young, single and live with my parents.
I have money to burn trying things out. :) |
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| Dervish |
Hmm depends which era of Buffet you're talking about to directly relate him to Graham. He changed over the years. What you are talking about seems more Charlie Munger.
But as I understand it normally the idea is to calculate what the company would be worth if it went bust and was asset stripped? For a Graham/early Buffet ideology?
Been awhile since I looked into it though so might have it wrong? |
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| Krypton |
| quote: | Originally posted by Dervish
Hmm depends which era of Buffet you're talking about to directly relate him to Graham. He changed over the years. What you are talking about seems more Charlie Munger.
But as I understand it normally the idea is to calculate what the company would be worth if it went bust and was asset stripped? For a Graham/early Buffet ideology?
Been awhile since I looked into it though so might have it wrong? |
I'm talking about the general philosophy. Buying high quality companies at a great price and viewing them as a business rather than a stock. |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
I'm not that worried, I am young, single and live with my parents.
I have money to burn trying things out. :) |
I'm in the same boat. Still an undergrad with lots of time. |
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| iammesol |
This graph is not upside down.
Disclaimer: The market is going to drop tomorrow. |
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| enydo |
Ok.
Disclaimer: I'm going to eat cinnamon rolls for breakfast tomorrow. |
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| iammesol |
| quote: | Originally posted by enydo
Ok.
Disclaimer: I'm going to eat cinnamon rolls for breakfast tomorrow. |
Damn you! I want cinnanon rolls :mad:
Disclaimer: The DOW is currently teetering in the positives. |
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| Scottaculous |
| It should be noted that while picking the right stock and buying at the right time helps investments, for long term growth, proper asset allocation is your best strategy for continued success. |
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| Capitalizt |
holy thats crazy..
I heard an analogy the other day that amazed me too. If you were alive when Jesus was born (day 0, year 0) and spent one million dollars ($1,000,000.00) that day and another million dollars EVERY DAY SINCE THEN..thats one million bucks per day for 2,009 years and 3 months...you STILL would not have spent a trillion dollars. (only around $730 billion)
:eek: |
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