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JonGaltIII

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JonGaltIII
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  • ARKK top holdings: (rounded) 9% Zoom 8% Tesla 8% Roku 6% Exact Sciences 6% Block 5% Teladoc 5% Crispr 4% Coinbase 4% UiPath 4% Twilio
  • Re: Verizon … this has been somewhat telegraphed but now news on Buffett and VZ : https://www.barrons.com/articles/berkshire-hathaway-sold-nearly-all-its-verizon-stake-in-the-first-quarter-51652741474
  • This sentence that @msf posted from Buffett “because all of my Berkshire shares will be fully distributed to certain philanthropic organizations over the ten years following the closing of my estate.” is the most worrisome to me as a holder of the s…
  • Re: @yogiebearbull “Coinbase/COIN bankruptcy rumors were just that. Social-media nitpicked on the new boilerplate language required by the SEC. No surprise - as that would apply to banks without FDIC insurance and brokerages without SIPC insurance”……
  • Great advice @yogibearbull Edit add: I would likely always move Old Fido 401k to Fido (Rollover ) T-IRA due to more choices available unless age was a factor as he said.
  • Given what has happened in the market since the bid was placed, no person or company would NOT renegotiate the offer. Twitter is no longer worth what it was when the bid was placed. The recent layoffs of senior execs along with the hiring freeze a…
  • I think this is one of the more interesting tech stories this year. . . and my interest has ZERO to do with politics or free speech. It has to do with the mismanagement of the company for many years and how Elon will turn it around in short order. H…
  • The writers at Barron’s must read MFO… Posted today: “ While Buffett’s move could prove profitable for Berkshire (ticker:BRK.A, BRK.B) shareholders, the buys themselves aren’t really a signal of increasing bullishness on the market overall. Instead…
  • So it’s an almost free $962.00
  • @sma3 “If he expects a significant downturn, I would have thought he would wait.”
  • The excerpt that Old_Joe posted summarizes it nicely. Twitter has almost 8,000 employees! Experts think 2-3k is the right number. Couple that with clever ways to monetize tweets… as someone said “I wouldn’t bet against him”…
  • Just In... Musk and Tesla Board win court case: https://www.barrons.com/articles/-musk-not-liable-solarcity-lawsuit-51651097697 "If Musk had lost in court, a monetary penalty might have been levied against him or other directors. If the penalties w…
  • Maybe I'm confused. I thought he was putting up his own personal shares and options of TSLA as collateral. I didn't know he was using TSLA company owned shares or funds. Why wouldn't his shares and options already be accounted for in the stock price…
  • In related news, Dogecoin jumped 30% and technically might/could have paid for the Twitter purchase. Why didn’t anyone see this coming? Oh, someone did: https://www.forbes.com/sites/billybambrough/2022/04/15/dogecoin-a-proxy-for-twitter-stock-doge-p…
  • @rforno Capital International Group has a 560M stake and Blackrock a 700M stake in MSTR. MSTR owns almost 1% of all available Bitcoin at a low cost basis. While I'm not a personal fan of leveraging Bitcoin to buy more Bitcoin (as they have recently …
  • While I'm interested in whether they will actually be able to pull this off without government intervention, I have a better suggestion for FIDO customers interested in placing some of their retirement in Bitcoin. Instead of paying a .70 - 1% fee t…
  • “I think the world of Larry Fink, but I’m not sure I want him to be my emperor,” Munger said.
  • @BaluBalu you are not missing much. The deal may take a while. The earnings may come in lower. Tesla shares may be impacted. Many companies took a pass on TWTR. Odds are in favor of shorting vs. “massive upside”. Don’t own the stock nor plan to purc…
  • “ There are no financing conditions to the closing of the transaction.” important point. I doubt Twitter will remain a not for profit company merely serving as a town square sounding board. @jack will make over a billion from this and Elon team wi…
  • See CALPERS vs. Jamie Dimon or vs. Brian Moynihan. The outcome will be the same. As @yogibearbull said it's just "noise".
  • A handful of Tesla engineers (meaning under 6 individuals) could/will solve the Twitter spam bot problem in under 30 days. While the words "transparency" and "free speech" will be most talked about post sale, clarity and focus on mission will be imp…
  • Sorry... that's what I thought you meant... good word... predisposition. It was my misuse of the word by choosing "honest".
  • @hank read your first sentence "talking his book" and immediately thought of Dimon and Mike Wilson/MS... so I doubt BM does that. He's had plenty of opportunity to do it. They are both strategic but I think they are both honest during these intervi…
  • The moment I read the the Thread Subject "Price Funds to Have In-House Status at Schwab"... I immediately thought oh boy I may need to open a Schwab account but I'm happy with just managing Fidelity. The reason I thought "oh boy..." was for 1 reason…
  • Quick... without looking... name (5) "current" shows or movies only on Netflix that you binge watch or can't miss. If you are unable to do that, you have your answer. Content is king. Spending more than 14 billion on content "should" make you th…
    in NETFLIX Comment by JonGaltIII April 20
  • Wished I could reference the source but I heard some data on the huge increase in home equity loans over the past year and the hosts were saying that this contributes greatly to the threads subject. I was surprised to learn this. Here is one source:…
  • Attended a conference this week where the CIO of a very large bank just espoused the opposite. His advice? Avoid Bonds like the plague and shift from Growth to Value - he said to follow the same advice he gave in October of last year. "The company…
  • Have never had any interest (pun intended) in these due to low maximum. Often wondered why the max was so low… here’s a few links that explain the reasoning. Not sure it’s a good explanation but… https://www.forbes.com/2010/02/25/i-bonds-purchase-l…
  • Are there less actively managed ETFs due to the lower fees or the transparency rules? If you’re not allowed to answer both and must choose one or the other? My uneducated guess would be the fees. Enjoyed reading the feature…learning.
  • @Charles … it really is. Paraphrase-“ He said he only sold some of his Tesla because it was becoming irresponsible to shareholders.” But the cost basis on shares owned is ridiculously low. Edit Add: Around $40 per share! The SpaceX is fascinating wh…
  • The link that I shared “Barons website” is unfortunately not the entire interview. Tesla dominates that portion shared. Shopify discussion is missing and the general market condition and Schwab commentary. Apologies. I appreciate his ability to dis…
  • @ducrow As a 50-70 Allocation Fund... its competition is my preferred AA funds: FBALX and FMSDX . They have lower ER than PSQGX and better performance over longer periods. That's just a quick glance without much analysis and without using MFO. Thank…
  • Many good points have been made. Lewis point on ESG and ignoring their style is fair. AndyJ - interesting reading and perhaps you are correct re: energy sector and that is why they are trailing this year. M* analyst note 3/22: "The strategy’s lack…
  • Perhaps it's worth considering an alternate view? Is the S&P ready for a potential breakout? https://seekingalpha.com/article/4498338-charts-dont-lie-prepare-potential-breakout-s-and-p-500 Summary: "If this rally is going to expand, we need to …
  • 3 Ways to Get Better Yields than Bonds via Barrons… https://www.marketwatch.com/articles/bonds-yields-51648235275 I Savings Bonds? I mean… it’s only 10K. Please… “ Multi-Year Guaranteed Annuities.These are the equivalents of bank certificates of d…
  • @ron Every time I look at adding PRBLX … I can’t seem to. It’s a very fine fund. It just compares so nicely to FXAIX or an SP 500 index with a lower ER. Some have shown how it falls less when market is in correction but not enough for me and not YTD…
  • +1 @MikeM … +1 @sma3 As far as @Mark question… “ So what exactly are those of you who are out of bond funds or considering dumping your bond funds going to do with the cash or proceeds of same?”… what is wrong with fleeing to equities? Greater risk…
  • Except for a tiny amount of PONAX and bond exposure via FMSDX and FBALX - Have been out of bonds since early last year. What's happening and will happen with gen. bonds has been well forecasted for a bit and without hyperbole imho. "One of the fun…
  • No it does not provide that tool. The tool is handy to determine if you have duplication of the same stocks in various funds. But while it’s handy I don’t find it indispensable.
  • @Hank … there’s what 25 days to see if Allegheny receives a better offer? You could always throw that 5% in a high flier like BRK.B ? Related to the threads topic but not to my post to @Hank above… purchased a few thousand worth of QQQ at $348 ish…