Talking stocks, trading, and investing in general

[gnatty8]

Sail

expected return for next decade is 6%

there are other factors besides election

Higher corporate and personal taxes combined with more regulation will cause equities to sail? Not sure how that works. I think what is going on now is mainly stimulus related, combined with usual bubble mentality. I expect S&P to be at 1/3 to maybe even half its current level by 2024 and not because of who wins the election, but because rationality returns to the markets..

 

[brokencycle]

Higher corporate and personal taxes combined with more regulation will cause equities to sail? Not sure how that works. I think what is going on now is mainly stimulus related, combined with usual bubble mentality. I expect S&P to be at 1/3 to maybe even half its current level by 2024 and not because of who wins the election, but because rationality returns to the markets..

You think the market in 4 years will be the same value it was somewhere between 1999 and 2007 in 2024?

 

[gettoasty]

And I heard Chuck Schumer has a lot of ties to Wall Street so there may be some concessions made favorably down the road if..

 

[gnatty8]

You think the market in 4 years will be the same value it was somewhere between 1999 and 2007 in 2024?

If it drops by half, and that is the extreme example, it goes to about 1,700. The S&P500 hit 1,700 for the first time in October 2013 (see below). If it falls 1/3, that's about 2,280 or the level it hit in March 2017.

 

[brokencycle]

If it drops by half, and that is the extreme example, it goes to about 1,700. The S&P500 hit 1,700 for the first time in October 2013 (see below). If it falls 1/3, that's about 2,280 or the level it hit in March 2017.

View attachment 1481734

I see the confusion. You originally said:

I expect S&P to be at 1/3 to maybe even half its current level

I interpreted that to be between 1100~1700.

 

[gnatty8]

I see the confusion. You originally said:


I interpreted that to be between 1100~1700.

Ah, my bad, the half its level works, but the 1/3 should have read "to drop" 1/3

No, even I am not so bearish as to think we'd be at 1,100 but it's just very hard for me to understand the valuations at these prices

 

[Omega Male]

I followed this guy for a long time. He died of a brain tumor today. RIP Jon. A little bit of accumulated wisdom, or whatever.

Some Things I've Learned Over The Last 30 Years - Broadsword Capital, LLC

Today marks 30 years since a confident young man walked into the back office of Schroder Investment Management in London, to start his first day on the job, the first in his career. Ask me a question back then and I would have answered assuredly and quickly. Today I’d be more likely to say ‘I …...

web.archive.org

 

[jbarwick]

This quote of his really stuck with me the first time I heard it: "when you’re young, you have so much time but never enough money. When you’re old you have money but never enough time."

 

[Omega Male]

Whoops.

Bloomberg - Are you a robot?

 

[venividivicibj]

Last day before recess for the senate, so if no deal is reached, that's basically it before the election.

Obviously, if Biden wins, I doubt Rs will want anything to do with a stimulus

 

[jcman311]

@beargonefishing @NihilistArbys

Dunkin’ Brands in Talks to Be Acquired by Arby’s Parent — The Wall Street Journal

The parent of Dunkin’ and Baskin-Robbins said it has held early talks to go private in an acquisition by Inspire Brands, whose portfolio includes Arby’s, Buffalo Wild Wings and Jimmy John’s chains.

apple.news

 

[Texasmade]

Dunkin’ Brands in Talks to Be Acquired by Arby’s Parent — The Wall Street Journal

The parent of Dunkin’ and Baskin-Robbins said it has held early talks to go private in an acquisition by Inspire Brands, whose portfolio includes Arby’s, Buffalo Wild Wings and Jimmy John’s chains.

apple.news

A bunch of shitty restaurants all under one ownership. They tried this with Landry's and it isn't working out very well.

 

[beargonefishing]

@beargonefishing @NihilistArbys

Dunkin’ Brands in Talks to Be Acquired by Arby’s Parent — The Wall Street Journal

The parent of Dunkin’ and Baskin-Robbins said it has held early talks to go private in an acquisition by Inspire Brands, whose portfolio includes Arby’s, Buffalo Wild Wings and Jimmy John’s chains.

apple.news

Arby's, BWs and JJs is a trifecta of shit.

 

[jbarwick]

People in the south love Arby's. BWs is good for cheap beer and marginal food. Dunkin who decided to get rid of donut in their name sucks.

 

[jcman311]

Arby's, BWs and JJs is a trifecta of shit.

I heard BWs serves the best Miller Lite.