1. Styleforum Gives - Holiday Charity Auction 10: A full set of Aesop's Fables pocket squares from Vanda Fine Clothing

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    The 10th auction of the year is for a full set of Aesop's Fable's pocket squares from Vanda Fine Clothing. Please bid often and generously here

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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. lawyerdad

    lawyerdad Stylish Dinosaur

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    Once you become "that guy" on the forvm for any issue you're that guy for life.
     
    Last edited: Aug 27, 2014


  2. GreenFrog

    GreenFrog Stylish Dinosaur

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    Apparently I'm "that guy" for many things on the forvm :slayer:
     
    Last edited: Aug 27, 2014


  3. idfnl

    idfnl Stylish Dinosaur

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    BMW alert.
     


  4. idfnl

    idfnl Stylish Dinosaur

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    2 or 3 days of FB trading down. For any looking to get in, this represents a small discount.

    Out of my GPRO trade, so glad it recovered after that earnings report, and make .5% to boot, ha ha. Now just 17% to go to get out of TWTR.
     
    Last edited: Aug 28, 2014


  5. otc

    otc Stylish Dinosaur

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    Yeah baby! Where's my Ferrari?
     


  6. GreenFrog

    GreenFrog Stylish Dinosaur

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    Apple confirmed their September 9th event. Wonder if it'll be the typical sell on the news event.
     


  7. lawyerdad

    lawyerdad Stylish Dinosaur

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    Discount from where it was 2 or 3 days ago, or some other benchmark? Don't have and won't be taking a position, just curious.
     
    Last edited: Aug 28, 2014


  8. idfnl

    idfnl Stylish Dinosaur

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    Based on the price a few days ago. It was an FYI in case anyone is looking for an entry point, it's down about $3 from its all time high Tues. This stock has some serious momentum at the moment and looks like it'll beat that high should geopolitical stuff not get in the way. That last earnings report was strait A's.
     


  9. lawyerdad

    lawyerdad Stylish Dinosaur

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    Thanks. Figured that was the gist.
     


  10. guyver00

    guyver00 Senior Member

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    Sold my TWTR today, split the proceeds equally into SWHC and ATK.
     


  11. idfnl

    idfnl Stylish Dinosaur

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    Bought TD after market yesterday.

    KITE must have some large scale institutional buying as it moves sideways for hours and then pops like 4% in a matter of a few minutes under huge volume spikes. Then it trails down from that move to find support. I've seen this happen 3 days in a row.
     


  12. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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    I have advantage over a fund manager, because I am not restricted by my prospectus and I do not have to own stocks for the sake of looking good.

    Fund managers are maintaining a product at a cost, which is a service that some investors should take advantage of. Beating the market is rare amongst both individual investors and fund managers on a risk adjusted basis.
     
    Last edited: Aug 29, 2014


  13. lawyerdad

    lawyerdad Stylish Dinosaur

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    Plumbers, lawyers, auto mechanics, and bomb disposal guys aren't superior beings either. And some of them suck at their jobs. But it doesn't necessary follow that, in general, they aren't more capable than hobbyists.
     
    Last edited: Aug 29, 2014


  14. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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    Edited my reply to better express my opinion. I am willing to bet that people who consistently beat the market are just as rare among professionals as they are among hobbyists.
     
    Last edited: Aug 29, 2014


  15. UnFacconable

    UnFacconable Distinguished Member

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    I think the expectation to beat the market is unsound for most investors, professional or not. Now does "most" mean 51% or 90%? That I can't answer. While you may think choosing individual investments is best for you and that you'll consistently beat the market on a risk-adjusted basis, do you think that most people looking to invest should be doing the same thing? And do you think that those people should be looking for individual stock advice on this thread?

    I'm not a fund manager but I think you're painting with a broad brush here. As has been stated multiple times, what a few of us are talking about are passively managed funds so egos, etc. shouldn't be in play and the expense ratios are extremely thin (often less than 10 bps). I'm not saying that people should throw their money into expensive funds. Having said that, I invest in some PE and VC funds, but that's a different ball of wax.
     


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