@WillBiddy_ The trimming winners one hits hard. I held onto a stock way too long just because it was my first big winner, ended up giving back half the gains.
Retail investors biggest downfalls:
-Borrowing Conviction
-Not enough research
-Trying to time the market/stock
-Not being long-term oriented enough
-Mistaking growth for a moat
-Investing into things they use blindly
-“Don’t trim your winners” This is a reference to business fundamentals not stock charts
-Covered Calls + Cash Secured Puts kill long term returns
-Taking risks thinking it causes outperformance
-Margin
What did I miss?
Blackstone, Apollo, KKR… still holding up while everything else is down 3-5%.
They're the ones keeping the SPV Ponzi going.
For the selloff to really hit hard, bonds need to bear steepen and these private guys need to take a big punch. Otherwise, the market will just boun
American works are taking home a smaller percentage of corporate profits than ever before.
Employee compensation as a % of corporate GDP has fallen to ~54%, the lowest since records began in 1948.
In other words, workers are receiving ~54% of the income generated by corporations, while the remaining ~46% goes to profits, interest, taxes, depreciation, and other corporate income components.
At the same time, US corporate profits as a % of GDP are up to ~11.5%, the highest on record.
Since 2001, employee compensation as a % of corporate GDP has declined -10 points.
Over the same period, the corporate profits proportion of GDP has doubled.
Workers are keeping less of what they produce than at any point in history.
@hskzgame Bold call. I remember when they said gold would hit $5k a few years back and it took way longer. Still, silver has room to run if inflation stays sticky.