Sorry you didn't get an update on the weekend, I have been a bit under the weather. The thought of doing maths is the last thing I can cope with at the moment.
Here is the Doovie from last Friday, not a pretty picture but no percentage portfolio, so it looks worse than it is. As I mentioned...
I have been thinking about Warren's success over the last few days (been under the weather and laid low for the last few days). I think he has created the most successful fund because neither he nor Charlie syphon off profits from their investments for themselves or their shareholders, they...
Only if you panic and sell the lot. Otherwise, it is simply a drawdown. I think it is simply a case of who has the knowledge and the balls to stare the market down!
https://nypost.com/2022/02/17/warren-buffett-denies-insider-info-on-microsoft-activision-deal-spurred-stock-buy/
Yes, I guess FA is easier to fudge if you are doing insider trading.
Yes, I am sure converting a percentage that seems reasonable and within the bounds of a reasonable drawdown could become a sobering if not catastrophizing effect on someone by converting it to dollars. Once that is done the person will then begin to think of it in terms of what they could have...
Depends on the portfolio percentage I should think, I thought he had a few million in his portfolio so it could be a four or five% drawdown. No biggie, it is all relative.
So his father was a stockbroker, which would help regardless of TA or FA.
Really I think it comes down to a right-sided brain or left-sided brain as to one's analysis preference. I am thinking the right-siders are more likely to favour charts and the left-siders prefer figures. This could be a...
Ahoy @Captain_Chaza, what are your three weekly moving averages if that is not a trade secret? With respect Captain you may need to translate into words for the FAers what you see on the charts or else it is meaningless for them and the whole exercise of this thread is moot.
I think most charting was done on the end-of-week price and that would be published in the newspapers of the day, so not really that out of date.
My favourite book by Stan Weinstein "Secrets For Profiting in Bull and Bear Markets" is his commentary on hand-drawn charts. He even gave the...
From 11 years old until 18 years old he says he tried to use charts. I could imagine a youngster would never have the patience to hand draw charts as there were no charting programmes back 70 odd years ago. I agree with him about doing post mortems, they are an essential part of my trading.
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