WARREN BUFFETT ON WHAT TO DO WHEN YOUR STOCKS DROP 50%
On a day like today, this is worth hearing again.
"You're not going to pick the bottom, and nobody else can pick it for you. You've got to be prepared when you buy a stock to have it go down 50% or more and be comfortable with it."
He pointed out that Berkshire Hathaway $BRK.B itself has dropped 50% three different times. "There wasn't anything wrong with Berkshire when those three times occurred."
The people who get hurt, he said, are the ones who borrowed to buy, or who react every time the price moves.
"If you can't handle it psychologically, then you really shouldn't own stocks, because you're going to buy and sell them at the wrong time."
"I don't know whether today is a great day to buy stocks. I know it will work out over 20 or 30 years."
we're basically in a civil war. their plan:
-censorship and mute RW social media (meta defeated, thanks elon)
-lawfare to arrest/harass undesirables (countless)
-influencers to normalize violence (hassan)
-DDOS violence (antifa, assassins) to kill if necessary (kirk, thompson)
Watch them scream.
Argentina just voted to stop the central bank from printing pesos to pay the government’s bills. Govt Officials lost their minds.
They dont rep people, they fight for the grift. CANTILLON EFFECT - get it now? Money printing steals from anyone who holds the currency and hands it to whoever is closest to the hose.
WEAPONIZED AUTISM
How does one become a National Socialist?
How do you effectively broach the subjects of racial truths and the jewish question to the next generation?
X is a shining beacon of light on these topics, and the posts here make for a tremendous physical collection. Herein is a journey of evidence, logic, and pattern recognition through the historic times we're living in. A book-lover can experience the rotten disgrace of our era in this documentation of the rage, the heartbreak, and the mass reawakening of our people.
I took screenshots, cleaned up around the edges, got 1-5 posts per page, and hit nearly 500 pages total in one long night at this. You could probably use AI and the archive function to make things easier, but I got into a rhythm with the manual approach.
I'd encourage others so inclined to do this as well. Save your favourite content for posterity before it's lost to censorship or the sands of time.
Physical printing is the main issue. My identity is already compromised so I wasn't too worried about it, but for proper OPSEC perhaps someone in the comments can make recommendations.
I'll put links to example pages below. I have amassed an absolute treasure trove of thought here.
Finding Support - SAVE IT -
- An ABC pull back complete
- Holding support on the standard Fib support levels
- Holding above the 50/200 Day and/or Weekly MAs
- Holding on previous support levels
- Holding on legacy support trend lines
- Multiple retests of a support
- RSI reversal signals
- MACD reversal signal
- Improving Fundamentals
A combination of at least 5 of these will help confirm support.
This can all be learnt
And it is the single most important factor to your investing success.
Jeff Metcalf is a prime example of how people become racist
Black people need to realize that we are being judged by the content of our character
We have the shittiest character in the world we are the main reason for why people hate us
BILL ACKMAN JUST WALKED THROUGH HOW HE WOULD UNDERWRITE A SPACEX INVESTMENT USING THE FAMOUS HARVARD VENTURE FRAMEWORK
People, Opportunity, Context, Deal.
Three of the four were already settled in his mind:
People: "SpaceX is 1 of 1."
Opportunity: "1 of 1."
Context: "Incredible. I actually feel bad for Blue Origin."
His view on the business:
"SpaceX is a near monopoly in low-cost space launch. It's going to become increasingly important. Even Amazon is going to have to become a bigger customer because they're not in Blue Origin's timeline."
He added that time has become more valuable in the AI era. Delays cost real money.
The only open question for him is the deal. Valuations of $750B to $1T have been floated.
He also disclosed he is now in SpaceX. Ron Baron told him to invest, so he did.