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DanS to invest heavily in sunglasses manufacturing. 
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blehComment
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Never try to time the bottom (or a top). There will be specific good buys if you research enough, but it's still a long ways from time when you could recommend a "buy" on a general sector of the economy. It's not just financials who hold financial paper, or who will be impacted by their failures.Comment
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Ha! It only finished down 370 pointsOriginally posted by Asher
Dow is down 540...
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/me rubs his hands together as he watches the S&P 500 take another bathI came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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It's a good thing I loaded up on your advice last week.
Just kidding. I'm not that dumb."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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No advice. I was looking for other people's thoughts. Harry Tuttle for one provided some.
Picked up some more AMAT today at $12.72, or roughly 8.5x free cash flow.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I'd invest in a publishing company. The past 12 months have generated enough matter to write a hundred "Barbarians at the Gate".DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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In another thread, Arrian asked about Google. Here's the rundown on the stock...
GOOG has a P/E of 22 and is trading at 26x free cash flow and 5.5x sales. GOOG has some sweet margins and still has some room to grow. It appears to be claiming a dominant share of search advertising and is holding its own in some other online and offline forms of advertising.
GOOG has been investing a lot on capital assets (land, offices, data centers, fiber cable, etc.), which depresses free cash flow. In my view, to invest in GOOG, you would have to have the conviction that these investments will give GOOG a good position in markets other than search advertising -- thereby driving the company's growth prospects. F.e., you might believe that GOOG will be successful in monetizing YouTube.Last edited by DanS; October 8, 2008, 13:13.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Most of that flew right past me, but thanks anyway.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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You're welcome.
OK, so the stock market is 37% off last year's peak. I wouldn't be surprised to see the market sell off another 10%+, but this seems like a reasonable spot to be buying the broader market.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I am on automatic pilot
401K contributions automatically invest in broad index funds every few months until I reach the yearly limit. The dirty secret is that while the funds are deducted every pay check, there is a delay before the funds are actually handed over to the plan administrator for investment (seems to be about once every month or two).“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of ManComment
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If you work for Apple I'm going to have to ban you from this site."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Yeh, our firm used to do that, living in part off the float of the 401(k)s. After some complaints, they're much more diligent about handing over the money to the plan administrator on time.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Actually
The company I work for is headquartered in Seattle.Originally posted by Asher
If you work for Apple I'm going to have to ban you from this site.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of ManComment
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