Makes sense. It has been a roller coaster: too often having downs related to warranted political panics but then too large sighs of relief when the problem maker repeatedly backed down after previous advantages were lost. The result has been a roller coaster with few stocks currently having their market values all that well attached to their actual worths. Add onto that how many companies used their tax reductions to buy their own stocks (causing values to be even less related to worth) and interest rates riding too low to well utilize one of the needed economic controls during recessions, and it just makes sense to be widely invested with a cautious approach. What the heck ever happened to companies keeping a cushion, and investing in their futures through employee training and education as well as long-term product development? You know, the things that actually do make a company secure. Too few take those routes, so these days many U.S. companies fail from the top down.
Well, Sedgie, maybe your Tooth Fairy is not a professional, registered financial agent. Actually, that seems to me to be a pretty generous haul for just one tooth….
donwalter about 5 years ago
…I remember getting a quarter…
martinion about 5 years ago
On Friday’s close:JP Morgan Chase 129.53Berkshire Hathaway 329,405.00
swedishdaddy about 5 years ago
The Bearish tooth fairy. Well said Sedgwick!
nitromicro about 5 years ago
The fixed rate bonds are the obvious tip off to the cautious position.
PoodleGroomer about 5 years ago
Berk A or B?
SukieCrandall Premium Member about 5 years ago
Makes sense. It has been a roller coaster: too often having downs related to warranted political panics but then too large sighs of relief when the problem maker repeatedly backed down after previous advantages were lost. The result has been a roller coaster with few stocks currently having their market values all that well attached to their actual worths. Add onto that how many companies used their tax reductions to buy their own stocks (causing values to be even less related to worth) and interest rates riding too low to well utilize one of the needed economic controls during recessions, and it just makes sense to be widely invested with a cautious approach. What the heck ever happened to companies keeping a cushion, and investing in their futures through employee training and education as well as long-term product development? You know, the things that actually do make a company secure. Too few take those routes, so these days many U.S. companies fail from the top down.
Impkins Premium Member about 5 years ago
I like the Teddy Bear. :)
cuzinron47 about 5 years ago
Ha, I called it, just the wrong stock.
Sisyphos about 5 years ago
Well, Sedgie, maybe your Tooth Fairy is not a professional, registered financial agent. Actually, that seems to me to be a pretty generous haul for just one tooth….
TlalocW about 5 years ago
Berkshire is Warren Buffett’s holding company. Would Sedgwick accept stock from such a well-known liberal’s company?