This is NOT a new account. Old one was just getting too cluttered with political, music & other interests besides investing.
Just going to drop this here to sum up my investment philosophy.
“Quality wins in the end.”
@skylarromines@bethanyjbabcock Jesus, that’s a f-ing sad way to make a living 😞.
Buy-side is where it’s at, despite the pressure to actually deliver superior results (non applicable on sell-side).
@skylarromines@MyHECM JFC,
I know salesmen/women on Wall St.
They know fuck all about what they’re talking about. Zero.
Sure, I’ll let them take me out to dinner, a concert or sports game. Why not, usually fun people to hang out with.
I fail to see any other value AT ALL.
UNLESS they bring the analyst
@DividendDude_X My man!
Huge holding for me too.
Doubled down when rumors were that AI would crush Google search.
Please, Google has their own AI. Just need to fine tune it a bit. Their resources are immense.
@DividendDude_X I did an exhaustive historic study when I was on the buy side called “It’s tough to make money at 10x Sales”.
39x P/S is off the charts and reminiscent of $BRCM at 50x sales or $PMCS at 40x sales in late 1999.
That all ended in tears of course.
@WealthCoachMak I get it, the velocity of money, it can be redeployed quickly.
Basic Q: You can’t capture MORE than premium rcvd with CSP, unlike CC that goes your way?
@qcapital2020 The guy bears ultimate responsibility but his RBC advisor obviously not doing his fiduciary duty, to put it mildly, by not recommending taking some profits, diversifying beyond 1 stock. Unreal. @Budgetdog_
Thoughts?