GBA Presents: RADIO SAVANT-!

TIME IS RUNNING OUT- I'D LIKE TO THANK CHRIS,Chris Sacca - Malaria No MorE!

Thank you James.

James O’Shaughnessy- You and that RSI enough already! I still use your PE tricks.

Thank you William.

William O’Neil- You devil that IBD almost ruined me in the Internet days!!! I dig your 2 principles: find good companies and buy them at a reasonable price.

Thank You Ron-- Patters patterns patterns we agree.


Ron Muhlenkamp


Thank You Ralph RIP.


Ralph Wanger

Ralph Wanger was born in 1924 and passed away at age 96, leaving behind a legacy as an investor who made billions of dollars by investing only $100,000 in his fund per year.

He spent most of his career working with mid-cap stocks but moved to small caps after he became frustrated with how corporations were being run.

Wanger is known best for beating the S&P 500 index over several decades through investments in good companies that were overlooked or undervalued strictly because they weren’t well-known enough yet.

Thank You Walter--- focus on the people Man I dig your style

Walter Schloss

Walter Schloss was a powerful investor with a unique method of picking stocks. Schloss’s investment philosophy focused almost entirely on people rather than stock charts and raw data.

The investor was known to track insider ownership, making many of his decisions based on the buy and sell patterns of those “in the know.” His ability to read people gave him a knack for buying companies that were out-of-favor and frequently invested in companies at low dips to reap maximal rewards later — the lower they traded, the more interested Schloss became. If the stock hit rock bottom, he could buy it for nothing. “It was like picking up dollars off the ground,” Schloss often said of his investment strategy.






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Thank You Geraldine

Geraldine Weiss

Geraldine Weiss, known as the “grande dame of dividends,” made a fortune on dividend distributions by focusing on safe, blue-chip dividend stocks. She earned this nickname by her unconventional approach to evaluating companies, giving more weight to the dividends a company pays rather than its earnings.

Thank you David. We are contrarians till the end!

David Dreman

David Dreman authored what is considered by many to be the Bible of contrarian money management — his book, “Contrarian Investment Strategy: The Psychology of Stock Market Success,” is considered a must-read for all serious investors.

Thank you Richard

Richard Driehaus

Richard Driehaus made his fortune as the effective creator of momentum investing.

Thank you Peter

Peter Lynch

Peter Lynch was an adaptive investor who varied his investment style according to whatever worked at the time.

AND MANY MORE
 
Did you watch Cramer tonight what a fucking joke he stole so much from this thread-- oh he likes NFLX and his " chartest "says it can go up to $1 short pf my PT!! fat bastard!!! Give me a fucking break... rest of the show was all about what I've been warning about--- :mad:
 
Different Bluebird---

Blue Bird jumps 13% to $21.75 after Q2 earnings beat, raised guidance 17:17 BLBD Blue Bird raises FY23 revenue view to 'just over $1.1B', consensus $1.02B » 17:16 BLBD Prior guidance was… Blue Bird reports Q2 adjusted non-GAAP EPS 27c, consensus 8c » 17:14 BLBD Reports Q2 revenue… SurgePays jumps 19% to $5.23 after Q1 results and guidance 17:13 SURG SurgePays backs FY23 revenue view of 'at least' $190M, two estimates $197.8M » 17:12 SURG Sees FY23 Positive…
 
We did these amazing trades together and because of that we are not even for a year we are UP!---> we have generated $200,000 happy capital and made ET viewers over 1 mil dollars!!!!!!!

I have a new upper deck to build - That's going to be $19K
When I comeback we spend the rest!!! Oh wait Mrs stoney she's already made off with about $60K... but you get the idea.. wait Fire Island rental that's $4K... Trip To Nevis?... oh boy!
 
Thank You Charlie Munger-!

  • Charlie Munger receives $70,000 a year from a $1,000 purchase he made over 60 years ago.

  • Warren Buffett's right-hand man has likely made over $1 million from oil royalties bought in 1962.

  • Buffett's father also bought oil royalties, and the investor's sister still receives monthly checks.
Charlie Munger rakes in $70,000 a year from a $1,000 investment he made six decades ago — and has likely collected over $1 million in total from the lucrative wager.

Warren Buffett's business partner disclosed the initial cost of his oil royalties, and what they yield today, during Berkshire Hathaway's annual shareholder meeting on Saturday.

Munger placed his oil bet in 1962, after meeting a businessman named Al Marshall during a husband-and-wife golf tournament. At the third hole, Marshall outlined his plan to bid in a local oil-royalty auction. Munger responded, in characteristically blunt fashion, "You're doing it all wrong."

Marshall enlisted Munger to join his bid and sort out the legal and financial aspects of the purchases. Munger's deal structure included an ABC trust, a type of tax shelter that has since been outlawed.

"I'm still getting $2,000 to $3,000 a month from that," Marshall told author Janet Lowe for her book, "Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger."

"We only put up $1,000 each and we've each probably made a half a million out of it," Marshall said ahead of the book's release in 2000.
 
stonedinvestor said:
I'm starting to get a bad feeling.

Jamie Dimon was in a mood today. I know Jamie pretty well from afar and he has various moods and tones.. There's The Weather Man, there's Mr Calm, there's Cocky Boy, There's I'm in a mood today<-- we got that one today and he was snipping at some reporters who were pressing him and...

If Jamie's in a a bad mood it's not good for us--

I was the first to suggest the remedy: and I'm afraid something is about to force the issue because when Jamie agrees with the stondinvestor the world is not right.

Jamie Dimon says regulators should look at banning short selling bank stocks
More...
You were the first to mention this? :rolleyes:
Dude... whatever... it's like your "I broke the scoop" on the Ukranian drone at the Kremlin. An hour and 30 minutes after it was on the homepage of RT.

That's all they were talking about last week.

EDIT: here, a quick search of Google and here's the 1st result I saw... a letter from the aba on 5/4.
GS was screaming about it the weekend before. :banghead::banghead:


Letter to the SEC Regarding Banking Industry

From Rob Nichols
Published May 4, 2023

Dear Chair Gensler:

The American Bankers Association (ABA) is writing on behalf of the U.S. banking sector, as we are keenly focused on the aftermath of the recent bank failures and the side effects being felt within the rest of the industry and the U.S. economy. Though ABA believes that government actions immediately following the failures did much to restore market confidence and to preserve financial stability, further action to reassure the markets is appropriate, and the SEC has an important role in providing that reassurance.

Since the two bank failures in March, some of our members have experienced significant short sales of their publicly traded equity securities that do not appear to reflect the issuers’ financial status or general industry conditions – indeed, short sales have followed relatively favorable earnings reports from some of the banks in question and from peer institutions. We have also observed extensive social media engagement about the health of various banks and the sector generally that appears disconnected from the underlying financial realities. We urge the SEC to investigate this behavior.

ABA recognizes that short selling can be a legitimate and important financial tool. Legitimate short selling can operate as a mechanism for generating market liquidity, securing price discovery, and facilitating important risk management activities. ABA is, however, unalterably opposed to short selling practices that distort the markets through manipulation and abuse. We urge the SEC to consider all its existing tools and to take measures to reduce the avenues for abusive trading practices and restore investor confidence. These measures include, at a minimum, a clear message and appropriate enforcement actions against market manipulation and other abusive short selling practices. Since short selling restrictions were relaxed in 2007, the importance to the markets of such enforcement has only increased. The harm caused by short selling that runs counter to economic fundamentals ultimately falls on small investors, who see value destroyed by others’ predatory behavior.

ABA recognizes that the market events of the recent few weeks have been trying for the industry, investors, and regulators, and that the SEC does much to address abusive, market-distorting short
campaigns. Given the potential for damage to the interests of the broad investor community and to the perceived health of banks that are the targets of short selling, this is a time for those efforts to be reinforced and publicly highlighted.

Thank you very much for your prompt attention to this important matter. Please do not hesitate to contact me if you would like to discuss.

Sincerely,

Rob Nichols
 
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