Share tips thread (Vol 2)
Discussion
Burwood said:
He was an incredible investor-just wired differently to everyone else. He's too old for the game now. Berkshire did nothing during the crash in Feb 20. Oh, except dump 4B in airline stocks for a massive loss, musing that airline travel will NEVER recover.Everything was on sale and he didn't have the balls to pull the trigger on companies they even owned. Huge miss. Munger must be pushing 95
All of that is utter tosh.Everything in Feb was only on sale with the view of hindsight.
CAPE ratios in Febuary were about where the markets sit historically on average, it was hardly bargain basement, everything on sale.
The CAPE ratio is currently at a level that has only been higher once, and that was shortly before the Dot com bubble. https://www.multpl.com/shiller-pe
Ontop of that, Berkshire is now one of the largest companies in the world, and buying a position in a public company with a meaningful amount of Berkshire's $100 billion in cash limits the number of companies that Berkshire can realistically invest in to about 100.
During the last 10 years most of the extreme equities growth has been in "tech" companies. Companies that have very little in the way of moat to protect them from competition, and companies whose fundamentals are so detracted from their stock price its unreal.
Criticising WB for selling his airline position... WTF? He sold something that had clearly had a very significant change to its business and no body could predict how covid would play out. WB has been successful by limiting his downside with the famous quote "dont lose money" holding a company that cannot operate for an unknown period of time opens you up to a whole world of downside risk.
"musing that airline travel will NEVER recover" When did he say anything like this?
Time will tell whether WB has lost his edge, but i very much doubt it.
vulture1 said:
Ftse futures are up. Is the tech stock sell off now moving money not only into bonds but into the UK which now seems better value? Especially as it seems UK is more financials and energy stocks as well as better dividend percentages?
No. Although the recent weakness in the £ over the last few days would help out a little bit.
I think the sell off was triggered by a change of mood to one of concern over the potential for rising rates. In effect the party based on zero interest rates could be over. That change has not ended or abated. So I don't believe the sell off is done. I believe this is just a bounce up and selling will resume.
p1stonhead said:
Phooey said:
If Tesla comes down to $250 I'm going in! 
Still too high. Their market cap objectively can’t be higher than $100b can it?
Even that is the same as VW.
They will be a $1t company in the future. Their growth is exponential, you cannot compare what they are doing to an old school car manufacturer that might not be around for much longer.
BGARK said:
p1stonhead said:
Phooey said:
If Tesla comes down to $250 I'm going in!
Still too high. Their market cap objectively can’t be higher than $100b can it?
Even that is the same as VW.
They will be a $1t company in the future. Their growth is exponential, you cannot compare what they are doing to an old school car manufacturer that might not be around for much longer.
They are a car manufacturer who dabble in other stuff.
People are quickly catching up.
And what do Tesla have to do with space?
They were nearly a $1tn dollar company this year (for no reason) until they lost a third of it in a month.
Clive Milk said:
dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.
If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
What's the company and perhaps we can advise?If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
This smacks a bit of insider dealing, as the public perception goes.
I'm all ears though ....
Company is AccuRx. They are already well established in GP practices as a tool for patient communications.
So what you might ask?
The thing that makes AccuRx unique, or at least well ahead of the game, is the way it integrates with the primary clinical systems used in NHS community settings, namely systmOne and EMIS. You can communicate directly to a patient via accurx and the information is entered directly into the native electronic patient record system.
The pandemic forced non GP community based services to adopt a remote working model and this has made the lack of systems integration even more apparent than it was previously. Basically, if you've got a great patient management tool that sits outside the main system, all your claims about improved workflow and improved patient care/outcomes etc are negated by the fact the owners of the main clinical system make setting up seamless integration seemingly impossible.
So anyway, AccuRx are already well established but use into all community services has exploded. Another factor is the the company that develops aystmOne (TPP) are also looking to expand globally, China being one market they are expanding into. And acxurx should be along for the ride.
Edited by dave_s13 on Sunday 7th March 11:42
Back in Chicago for a week. In between avoiding get mugged/shot/jacked (not exaggerating, close to 500 shot and 100 killed YTD) missus suggested going to watch a film.
8/10 screens are fully sold out today/tonight. (Running at 50% capacity, but still), so PM will be in quite heavy in $AMC and $TSLA.
$ACEV has a quite a bit of chatter, along with $NNOX so will see where those go.
8/10 screens are fully sold out today/tonight. (Running at 50% capacity, but still), so PM will be in quite heavy in $AMC and $TSLA.
$ACEV has a quite a bit of chatter, along with $NNOX so will see where those go.
Gargamel said:
p1stonhead said:
And what do Tesla have to do with space?
Another non believer who must be scorned. Tesla have more cars in space than ANY other manufacturer.
...or maybe there isn’t
Brother D said:
Back in Chicago for a week. In between avoiding get mugged/shot/jacked (not exaggerating, close to 500 shot and 100 killed YTD) missus suggested going to watch a film.
8/10 screens are fully sold out today/tonight. (Running at 50% capacity, but still), so PM will be in quite heavy in $AMC and $TSLA.
$ACEV has a quite a bit of chatter, along with $NNOX so will see where those go.
$GME up 29% this morning so this paid off nicely and should have gone more heavy. 8/10 screens are fully sold out today/tonight. (Running at 50% capacity, but still), so PM will be in quite heavy in $AMC and $TSLA.
$ACEV has a quite a bit of chatter, along with $NNOX so will see where those go.
$AMC up 14%
$TSLA up 3%
$ACEV up 5%
$NNOX up 5%
$EYES up another 90% today - insane
BGARK said:
p1stonhead said:
They are a car manufacturer who dabble in other stuff.
Some would suggest they are not (only) a car company, that's just a by-product of what they are planning to do.Could they survive at all without tax benefits around at the moment?
p1stonhead said:
BGARK said:
p1stonhead said:
They are a car manufacturer who dabble in other stuff.
Some would suggest they are not (only) a car company, that's just a by-product of what they are planning to do.Could they survive at all without tax benefits around at the moment?
Tesla is one of the most desirable companies in the world for engineers to work for, thus its talent is the best.
Engineers are what you need to succeed.
BGARK said:
I can understand if you have no interest in cars or engineering, Tesla is not for you?
Tesla is one of the most desirable companies in the world for engineers to work for, thus its talent is the best.
Engineers are what you need to succeed.
Do you know any engineers who worked for Tesla? Tesla is one of the most desirable companies in the world for engineers to work for, thus its talent is the best.
Engineers are what you need to succeed.
It’s not reputed to be a good place to work.
bad company said:
BGARK said:
I can understand if you have no interest in cars or engineering, Tesla is not for you?
Tesla is one of the most desirable companies in the world for engineers to work for, thus its talent is the best.
Engineers are what you need to succeed.
Do you know any engineers who worked for Tesla? Tesla is one of the most desirable companies in the world for engineers to work for, thus its talent is the best.
Engineers are what you need to succeed.
It’s not reputed to be a good place to work.
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