Our daily dose of comedy. Try not to laugh challenge. I made it 49 seconds.
The highlights:
She thinks you should invest based on cash flows and earnings rather than what people will do... is she freaking stupid? Unless you invest for dividends, you buy a stock exactly because you expect someone to buy it off of you for a higher price in the future. What people do is of course based on things such as cash flows and earnings, but you ultimately invest based on what you think people will do based on that information.
"I would short it if I could, and I'd have a lot of fun shorting it, BUT I don't have a strong conviction either way".... ehm what?
Indeed. She must have learned standard stock valuation formulas in college. They apply (sometimes) to long established companies in stable industries. They should be tossed out the window, when attempting to evaluate young innovative companies disrupting their industries by plowing revenues into rapid growth. In the cases of analysts of her ilk, common sense is not their strong suit.
My wording might've been a bit extreme, and tbh she probably just wanted to say people should invest rather than speculate, but she chose extremely poor words to express this that are the exact opposite of the truth. Either way, I won't be putting my money into her fund anytime soon
Anyone know if MMs hold enough call covering shares to tangibly assist the ETFs in the squeeze?
Great, now the whole state is going into lock-down.
Havasu is rich in Water, Land, and Sun. I lived there for a year as a kid - hotter than Phoenix!
I am being negative with this reply and it's not all serious but it is something THEY could do.
