Go back into retirement muy loca.
Go back into retirement muy loca.
Botulism wrote:
As often as Reid, er, Ghost posts on here, you'd wonder how he manages to stay in business selling CDs to little out ladies and managing $120 million.
I guess investment advisors don't do nearly as much for your money as you might think.
He doesn't manage anywhere near that figure.
MS insider wrote:
He doesn't manage anywhere near that figure.
I wouldn't think he does. But then again, considering that Ghost claims to both manage $120 million AND sell CDs to old ladies face to face, I just think it's fun to quote these seemingly-contradictory things in the very same sentence.
It's actually $130-135 Million, give or take a million or two a day. Unlike you I have a job, work everyday and have done so for decades. Also, I still have energy to train about 12 hours a week as a 66 year old. Avoiding drinking beer and staying up too late does miracles you know.
Botulism wrote:
MS insider wrote:He doesn't manage anywhere near that figure.
I wouldn't think he does. But then again, considering that Ghost claims to both manage $120 million AND sell CDs to old ladies face to face, I just think it's fun to quote these seemingly-contradictory things in the very same sentence.
He had a partner that is responsible for most of heavy lifting at their office. Igy claims his parther's work as his own to put some shine on the pig.
Unfortunately you can't do even light lifting put lipstick on a pig. Other than lifting another beer you loser.
Go back to your hole muy loca.
You are wise not to dispute the truth. We are watching.
I chose my partner, he is a good man. The best, unlike you, loser.
Oh muy loca, I forgot to tell you to go have a beer or two. It is five o'clock somewhere.
What's wrong with drinking beer?
Nothing, this guy is a drunk loser, that's all.
You sure make a lot of unfounded assumptions.
Ghost of Igloi wrote:
I chose my partner, he is a good man.
Indeed he is. You would be nowhere without him. We are very satisfied knowing that he is minding the store.
Hophead wrote:
You sure make a lot of unfounded assumptions.
By his response I know him to be the drunk loser muy loca. Funny how losers can't stand successful people.
Nothing else needs to be said.
Botulism wrote:
MS insider wrote:He doesn't manage anywhere near that figure.
I wouldn't think he does. But then again, considering that Ghost claims to both manage $120 million AND sell CDs to old ladies face to face, I just think it's fun to quote these seemingly-contradictory things in the very same sentence.
If you think that's fun, take a look at the exchange from yesterday. Some guy had Igy turned so inside out, that he actually proved that high valuations don't negatively affect stock prices. He was totally played and never knew what hit him.
werster wrote:
Botulism wrote:I wouldn't think he does. But then again, considering that Ghost claims to both manage $120 million AND sell CDs to old ladies face to face, I just think it's fun to quote these seemingly-contradictory things in the very same sentence.
If you think that's fun, take a look at the exchange from yesterday. Some guy had Igy turned so inside out, that he actually proved that high valuations don't negatively affect stock prices. He was totally played and never knew what hit him.
Funny how losers can't stand successful people.
Nothing else needs to be said.
Ghost of Igloi wrote:
Hophead wrote:You sure make a lot of unfounded assumptions.
By his response I know him to be the drunk loser muy loca.
Interesting. You referred to me as muy loca, too, even though I'm neither muy loca, drunk, a loser, or unemployed.
Too cute.
I would certainly characterize you as a loser.
Funny how Igy can't stand successful people.
Gentlemen, we are here to discuss investments and the market. We all want to be as educated and informed as we can in order to make sound financial decisions.
I respect the CFA's and CPA's knowledge and experience and would love to learn more. They have different perspectives on things I never thought about and bring it to light. If opinion is backed by facts and research there is no need to get personal as the truth doesn't belong to anyone.
They are two different matters in my mind. Firstly, The price of stocks appear to be overvalued in terms of keeping the stock for life and profiting off the individual companies returns.
From Investopedia "The S&P 500 index includes dividends. As of March 2015, the dividend yield for the S&P 500 was 1.91%. This is below the historical average of 4.41% and close to the all-time low of 1.11% in August 2000'
Yet inspite of this, there is still money to be made on speculation and that the index continues to rise, and historically rebounds after a crash.
I just have trouble buying a company that is overpriced. Wouldnt it be unlikely to purchase part ownership of a company at these values that is not publicly traded? Instead of thinking about how much it will sell in 10-20 years, you would focus and rely on the company producing profits to get a return on investment. Today your ROI would be so small considering how much you front up to play.
From what I've seen the higher the stock price, the greater the risk and obviously the lower the margin of safety.
Thoughts?