Stock Market 2023

[mkd]

really wish i exited my nvda short several days ago. Back to ATHs.
 well see if this AI hype keeps pumping after their earnings report tomorrow.

[Dan_AKA_ROY23]

Earnings from a high flyer like NVDA. Very risky. For longs.

I think like 90% of chips with AI are from them.

Never did buy, which I regret I suppose.

A bad report (or forecast) could send it down -20% or more..

[Dan_AKA_ROY23]

Amazon was down -2% today (recovering a bit) on news Jeff Bezo sold a 1/4 billion worth of stock. He has appr. 140+ billion worth.

So, on news of him selling a 1/4 billion worth, he loses close to 3 billion in value. 

(Not too funny, my largest holding)

[mkd]

on death-watch for my little NVDA short

[Dan_AKA_ROY23]

on death-watch for my little NVDA short

NVDA breezed past estimates, strong revenue forecast...

And stock is down after-hours. Not too much, though. A "boring" earnings report reaction as far as NVDA goes.

I'm happy for you. And this is good for my AI-related stocks. NVDA did nothing to disappoint. Its stock zoomed so high so fast, this reaction doesn't surprise me. But...its only after-hours trading. Pre-market action will be an important test...

[mkd]

it was $100 not too long ago. 
where's my time machine?

[Del.]

Hard to understand what it's like to have $164 billion

[beej]

Hard to understand what it's like to have $164 billion

I don't think Bezos actually has 164 billion. I think 164 billion has Jeff Bezos.

[pmartin]

Hard to understand what it's like to have $164 billion

Being from Kentucky I'd be surprised if you knew what it feels like to have $164.

[Del.]

Being from Kentucky I'd be surprised if you knew what it feels like to have $164.

Ha Ha. That's funny.  NOT


😂

[mkd]

Being from Kentucky I'd be surprised if you knew what it feels like to have teeth.

fissed

[YoDoug]

Hard to understand what it's like to have $164 billion

Estimates say Bezos has an income of at least $1,000,000 per hour or more. To put that in perspective, 1m per hour is 10,000, $100 bills. Jeff bezos could "make it rain" at the club and still walk out worth more than when he walked in.

[Dan_AKA_ROY23]

Estimates say Bezos has an income of at least $1,000,000 per hour or more. To put that in perspective, 1m per hour is 10,000, $100 bills. Jeff bezos could "make it rain" at the club and still walk out worth more than when he walked in.

The math checks out. Wow! And Musk is even more wealthy.

That can change depending on their stock's performance. Amazon outperforming Tesla lately.

^ So much for "diversification".

To get stinking rich, don't diversify. They stick to their business and buy a ton of its stock = $$$

[Dan_AKA_ROY23]

Many investors buy a bunch of stocks in different industries to stay "diversified". You won't get alpha that way.

I would not diversify individual stocks.

Buy core ETF's like VTI, QQQ, and SPY. You'll get all the diversification you need.

Around 55-60% core ETF's and 40-45% individual stocks would be a good strategy.

Cash tempting with rates higher and relatively no risk, but...what's the fun in that?

[mkd]

Many investors buy a bunch of stocks in different industries to stay "diversified". You won't get alpha that way.

I would not diversify individual stocks.

Buy core ETF's like VTI, QQQ, and SPY. You'll get all the diversification you need.

Around 55-60% core ETF's and 40-45% individual stocks would be a good strategy.

Cash tempting with rates higher and relatively no risk, but...what's the fun in that?

Diversification is insurance against ignorance, to paraphrase The Oracle of Omaha.

Most people should invest 90% S&P500 and 10% treasuries. Also Warren B.

 Core and satellite approach is good to. 60-80% in S&P500 type of ETFs and the rest in more speculative plays. Sector ETFs might satisfy the speculative itch, but they mostly under perform...badly... ARKK anyone? Bueller..? Bueller.?