Results 11,001 to 11,025 of 18218
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04-29-2020, 10:40 AM #11001Registered User
- Join Date
- Jan 2005
- Location
- Denver, CO
- Posts
- 1,620
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04-29-2020, 11:15 AM #11002
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04-29-2020, 11:40 AM #11003
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04-29-2020, 11:45 AM #11004
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04-29-2020, 12:00 PM #11005
Of course I have. Where is it going? Not to the consumer. To the large corporations. And god knows how many of Trump's cronies and everyone in Congress is getting rich with the well established offshore shell company game. Christ, the fucking cruise industry, which pays no taxes due to offshore registration, is getting big money. Not that a lot of the other corporations pay taxes, too.
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04-29-2020, 12:02 PM #11006
Another huh headline on Bloomberg.
"After Vegas revenue topples 46%, Nevada plots a comeback."
They only dropped half? Where is the other revenue coming from? I thought it was zero.
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04-29-2020, 12:05 PM #11007
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04-29-2020, 12:08 PM #11008
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04-29-2020, 12:08 PM #11009
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04-29-2020, 12:09 PM #11010
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04-29-2020, 12:14 PM #11011
Someone posted a link to a cruise forum earlier where cruisers seemed largely undeterred. If cruisers and gamblers overlap that's a boon. But getting to something like 90% occupancy and big profitability seems a stretch.
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04-29-2020, 12:17 PM #11012
I also worry about Nashville. No weddings = no bachelorette parties.
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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04-29-2020, 12:32 PM #11013Rod9301
- Join Date
- Jan 2009
- Location
- Squaw valley
- Posts
- 4,639
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04-29-2020, 12:34 PM #11014
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04-29-2020, 12:36 PM #11015
You may have him there.
On the other hand, King Ludwig of Bavaria certainly falls within the 700 year time period. That fucker certainly learned the hard way."timberridge is terminally vapid" -- a fortune cookie in Yueyang
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04-29-2020, 12:38 PM #11016
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04-29-2020, 12:38 PM #11017
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04-29-2020, 12:40 PM #11018Registered User
- Join Date
- Oct 2010
- Posts
- 1,953
If anyone needs proof that the stock market is made up and doesn’t reflect the condition of most peoples’ economies, look no further than the March rallies. We’re back at where it was 12 months ago. Meanwhile there’s no spending going on, huge industries will be disrupted for years, and millions are unemployed.
I’m going cash heavy and waiting on the next crash, probably won’t have to wait too long (either an explosion of cases two weeks after all these idiots start acting like there’s no pandemic or in the fall when the disease really explodes and coincides with flu season.)
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04-29-2020, 12:43 PM #11019Rod9301
- Join Date
- Jan 2009
- Location
- Squaw valley
- Posts
- 4,639
I'm talking about investing, not running a company.
A company can have reliable cash flow, even when things go bad, so some debt can be ok.
Of course today most companies have too much debt.
An investor in one of my startups told me:
You have plenty of operational risk, ie things will not go as planned, so you will lose money occasionally.
Do not compound the problem by taking financial risk as well, ie have enough cash that you can overcome operational problems.
Saved my ass more than once.
Sent from my Redmi Note 8 Pro using Tapatalk
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04-29-2020, 12:44 PM #11020
Godspeed falcon3.
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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04-29-2020, 12:46 PM #11021Registered User
- Join Date
- Oct 2010
- Posts
- 1,953
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04-29-2020, 12:48 PM #11022
Yup.
Gift from heaven right now. Sell high.
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04-29-2020, 12:49 PM #11023
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04-29-2020, 12:50 PM #11024
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04-29-2020, 12:52 PM #11025
I think the only thing that will derail the equity markets is (are?) central banks raising rates. Everything else is but a bump in the road. With a long enough time frame, any valuation makes sense when borrowing costs are 0. “I’m buying stocks for the long-term” is the mantra right now.
Charlie, here comes the deuce. And when you speak of me, speak well.
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