Down goes the Dow

Igy do you ever get a very bad feeling about a potential new client? Nothing you can put your finger on, but you just know that it's not going to go well. Not on an investment strategy basis but just a difference of how to interact or negative chemistry?

I've got that now and I just know it's going to be bad. But I can't say no - an introduction from a very good client.

Oh well. I'll just take a deep breath. You have this too sometimes?

agip,

Sure. A few years ago had a client that was hanging me out to his measuring tool. My response was let’s have you work with my partner where you will get a different set of eyes. He still wasn’t happy and left gradually over several years. We still have his company’s 401k, but you knew his expectations did not match your style. Good luck.

My 18 month check-up came in at remarkable. I guess that is about as good as it gets.

Igy

Ghost of Igloi wrote:

agip,

Sure. A few years ago had a client that was hanging me out to his measuring tool. My response was let’s have you work with my partner where you will get a different set of eyes. He still wasn’t happy and left gradually over several years. We still have his company’s 401k, but you knew his expectations did not match your style. Good luck.

My 18 month check-up came in at remarkable. I guess that is about as good as it gets.

Igy

Great news on the checkup.

la gente ésta muy loca wrote:

Ghost of Igloi wrote:

https://i0.wp.com/northmantrader.com/wp-content/uploads/2020/02/NDXM-6.png?ssl=1

Sven's knowledge of repo and Fed Ops is on the level of my 5 year old grandson. Or maybe he drinks too much akvavit.

P.S. I see MS is buying ETrade!

muy loco,

Perhaps, but his point is liquidity or promise there of is driving similar speculation to the Tech Bubble.

In reference to E*Trade not surprised. I’ll be interested in the reaction of my colleagues. Interestingly we bought an online platform in 2000 that we jettisoned after a few years. I am out in October, so no worries.

If you haven’t done it yet, check out the Texas Relays. High school races are quite a show.

Igy

?

la gente ésta muy loca wrote:

Ghost of Igloi wrote:

https://i0.wp.com/northmantrader.com/wp-content/uploads/2020/02/NDXM-6.png?ssl=1

Sven's knowledge of repo and Fed Ops is on the level of my 5 year old grandson. Or maybe he drinks too much akvavit.

P.S. I see MS is buying ETrade!

Here is perhaps an appropriate reply from Sven to your criticism.

Earnings Scorecard: For Q4 2019 (with 87% of the companies in the S&P 500 reporting actual results), 70% of S&P 500 companies have reported a positive EPS surprise and 66% of S&P 500 companies have reported a positive revenue surprise.

“actual results” aka non-GAAP

?

More complete.

Igy - you still have a lot of CDs? How have your investments done since 2009?

Bob, err I mean Sally. How you enjoying the Coronavirus infected market?

Ghost of Igloi wrote:

Bob, err I mean Sally. How you enjoying the Coronavirus infected market?

Haven't really affected my portfolio. Why do you enjoy calling me by my name? Why would you do that? Not that I really care but you have a serious problem calling me by my name. Do you have a problem in keeping the anonymity of one who is critical of you? Do you not respect one's wish to remain anonymous? Or do you not even care? Anyone who is critical of you will be exposed? Is that how you ride? Oh, what is your performance over the last 10 years. That was the original question. How are your CDs doing? You still own CDs?

Stop with the “CDs since 2009” crap and you’ll be treated with respect.

Ghost of Igloi wrote:

Stop with the “CDs since 2009” crap and you’ll be treated with respect.

Why would you ever expose my name? AGain not that I give a sh%6. But why do that? Unless you feel threatened.

KeIIy wrote:

More complete.

?

Tabor wa laboring wrote:

Ghost of Igloi wrote:

Stop with the “CDs since 2009” crap and you’ll be treated with respect.

Why would you ever expose my name? AGain not that I give a sh%6. But why do that? Unless you feel threatened.

The threat is your portfolio down 65%.

?‍♀️

Ghost of Igloi wrote:

Tabor wa laboring wrote:

Why would you ever expose my name? AGain not that I give a sh%6. But why do that? Unless you feel threatened.

The threat is your portfolio down 65%.

?‍♀️

MY portfolio is up 500% in the last 12 years. You CDs have a real return of 1.03% in the last 30 years. Even Forrest Gump knows which investment is better.

B.S. S&P 500 dividends reinvested only up 204% in that period.

Ghost of Igloi wrote:

B.S. S&P 500 dividends reinvested only up 204% in that period.

Show me where you got that. Just show me.