started in april of 05 with 35k - got up to 46k after taking some profits and learning by failing, then dropped down to 5k end of jan 06 thanks to aapl, goog and my shorts on 15$ natty gas. (ngs, epex)
a pearl of wisdom: shorting on margin can kill. real killer is i was right about my natty...
Excellent thesis - I have to say that it will never happen while the US is a democracy in its current form.
One varriable you failed to consider is, at its core, the US govt is a business. If China begins exerting pressure on the US economy by way of deflation, up go the tarrifs. (edit: I...
I don't like all his picks(maybe 40%) but I like his approach - the only thing he has left to realize is that he makes markets in the stocks he mentions.
Cutting out emotion when you've fcuked up is one of the hardest things I've ever had to do.
boo-yah.
My grandfather.
He was consulate to China in the 80s - he also owned an import/export business. His rule of thumb for sales was 10% up to 1 million USD and 5% of anything over - I adjusted for inflation. The fee is for the booking of the business - not forward looking revenues.(obviously...
i just signed up - same sn as here.
let them sweep - if we find people with good records might as well model the real folio after their moves...
they get a car, i get an island.
wonder if becky takes it in the p**per?
I agreed with you until you said the valuation was a 'joke'.
its p/e is 66 - not shabby for a software/services company. Again: cold, hard, cash - not like the 2000 bubble.
CRM has a p/e of over 200 - you want to talk about a joke.....