An example of momentum...
Warren Buffett bought more than $1 billion of Coca-Cola (KO) shares in 1988, an amount equivalent to 6.2% of the company, making it the largest position in his portfolio at the time. It remains one of Berkshire Hathaway's biggest holdings today, as of October 2019...
Instead of a new thread...I bought 100 shares of IBM today. My brother in law suggested it. Picked it up at $106.59. Then I did a covered call at $8.00 for the Jan 22, $115.
I'll pick up the dividend...5.9% Everybody yawn...
Former farmer in California; almonds, grapes, peaches, dairy (my father in law was a Vet). Much of LAND's property is in the southern party of the Central Valley. We are going though a big time drought right now (fires as we speak in LA). In my town, IT HAS NOT RAINED SINCE MARCH!! Here is...
Coke...Like clockwork. October 15, 2020
The Coca-Cola Company board of directors today declared a regular quarterly dividend of 41 cents per common share. The dividend is payable Dec. 15, 2020, to shareowners of record of the company as of the close of business on Dec. 1, 2020.
The Coca-Cola...
I always thought value investing was buying low P/E beaten down names and waiting...
I agree...But things have changed. I wouldn't touch airlines, motels, entertainment in this economy. I already have oil; BP, Exxon, Chevron, PEO...Up to my ears in oil. Money is moving into the US economy...
Many (most) western companies (who have high tech manufacturing) are going to other countries. China for the past 20 years, just steals their tech and markets themselves. I would do an ETF of Asian countries around China...
THD, VPL, FEM, ASEA
Tell it to Warren!!
With the markets reaching all time highs (good quality stocks, during the pandemic)...WHERE IS VALUE?? Walmart?? McDonalds?? Boeing??
PS...Who drinks Tab anymore?? A great move by Coke. Yeah, you want market space...But at what cost??
Putting it out there...Good or bad. I did a covered call on both.
Bought Coke (KO), 300 shares at $49.71...Did a "sell to open" for the Jan 22 $55. I got $2.60 ($780.) for it. Good dividend also.
Bought Oracle (ORCL) 200 shares at $57.31...Did a "sell to open" for the Jan 22 $65. I got...
I looked up on Investopedia...They called Apple a mature company as their example!!
Real-World Examples of Mature Firms
Apple Inc. (AAPL) is one of the most innovative technology companies in the world today. As a mature company, Apple has had to adjust to slow and steady revenue growth...
Was thinking about Apple this morning. You may think I'm nuts. Has Apple become a value stock rather than a growth stock?? It has been around soooo long, they have their niche (major), and they may grow slowly. They have tons of money on the sidelines with no place to put it.
Just...
I think Apple will be sourcing out of China in the near future. Apple has huge sales in China. I am thinking China only wants to screw with companies that does not hurt their people. Take away Apple phones in China...The people would be pissed!! Then they would somehow (magically) get back...
I have a lot of cash...It earns diddly/squat in a CD. I can take that call money and invest it somewhere else. They may even raise their dividend. Add a .7% dividend and it seems OK to me. Time will tell...
Done and done...Bought it at $114.76. (100 shares). Did the Jan 22 $120 option. I got $17.25 for the option. A basic of how I trade...
I asked a couple people what would happen with this basic situation. If people (because of budget issues) had to give up their daily Starbucks (go to...
I'm doing well, should have died 10 years ago. I use to be 300 pounds...Over 14 years ago I had gastric bypass (RVY). I'm about #208 at this time (5'11"). I eat pretty good...Just not getting the exercise because of the air quality here in California.
Still have my Chevy Colorado I bought new in 2005. Read "The Millionaire Next Door"...That's me!! It was on the New York Times best seller list for months. It's over 25 years old...But it still applies.
There are different summaries on the internet about the book. Wiki has a good one. Here...