Warren Buffettโs investing rules are simple: donโt lose money, and never forget rule #1. Buy great businesses at fair prices, hold long-term, and ignore market noise. Patience pays off. ๐๐ก
Most folks don't get how many big tech names are already deep in bear market territory.
Tech stocks from their peaks:
1. Coinbase, $COIN: -69%
2. Oracle, $ORCL: -57%
3. Salesforce, $CRM: -57%
4. ServiceNow, $NOW: -56%
5. Netflix, $NFLX: -48%
6. Palantir, $PLTR: -48%
7
๐จ Mind-blowing: Bitcoin whales have been buying BTC like crazy over the last few years.
Once it hits the bottom...
The next bull run is going to be insane. ๐
Just jumped into $SOLFC ๐
Solid community, devs are active, and World Cup season is coming up.
Might get wild soon. โฝ๏ธ๐ฅ
CA:
ET8kG3dbefg7uwqY4d4GGhkwvNmBdvBqf5UcvVERpump
Oracle $ORCL just dropped their Q4 earnings and revealed a $40 billion financing plan ๐ฐ
Q4 numbers:
- Rev: $19.2B vs $19.10B est โ
- Adj EPS: $2.11 vs $1.96 est โ
- Adj op income: $8.6B vs $8.25B est โ
- Adj net income: $6.2B vs $5.78B est โ
- Cloud revenue: $9.9B
Alaska GOP Senator Dan Sullivan begged voters for $3 gas money last month, but now records show heโs been dropping tens of thousands in campaign cash on swanky restaurants in California. Daily Mail has the receipts.
๐จThe S&P 500 $SPY lost roughly $1.8 trillion in aggregate market cap this week.
Alot of those losses came from the roaring tech sector. Is the start of something bigger?
Why mood in hedge funds is dismal: one either chases momentum (and risks a day like Friday and angry investors) or does the usual L/S thing and has the worst performance since 2023 (and angry investors)
GS HF VIP less most short basket, a proxy for LS HFs, is getting steamrolled