You shouldn’t worry yourself about the stock exchange and the prices affixed to the companies that are publicly traded in it. We are not permitted to trade lower. While there are children in charge of economy, enjoy the candy distributed, the uncommon blend of socialism masquerading as capitalism for the explicit purposes to see equity prices higher. After all, aside from AAPL and GOOG, what does America have anyway?
Correct! We have financial markets that are liquid and robust. They are our best export.
I am tempted to sell my CTRP position. However, the FMCN going private news is keeping me in. These chinese companies are very cheap according to their balance sheets. The billion dollar question is: can you trust a chinese balance sheet?
I didn’t buy any MRVL today, despite the decline. Earnings come out on Thursday and I want to make sure my final prints are worthwhile, otherwise I will be satisfied with what I have already.
Finally, DECK, VHC and TEA are on the move higher, allowing my person to expand assets under management, through appreciation, by 0.3% today.
I look forward to winning a great deal of money in the not-so-distant future and I encourage you to try to stop me.
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