/biz/ - Business & Finance

>>29294120
nah you're low iq. buffet held a belief that happened to have held true during his prime (a stock's worth is propotional to a company's success) but is far from being a fundamental truth and masses are just starting to realize it. he'll lose an insane amount of his wealth if he keeps trading for another decade, because the market is now much smarter than he could ever be.


>>29293869
>>29293998
this. buffet is the world's richest npc. he still shills his bags to fucking normies and could never utilize his money to gain influence anywhere near the level other billionaires did.

You did drink your trader fuel today, right?

>>25370330
>based
he understands absolutely NOTHING outside the stockmarket though. he even shills his bags to normies, which is completely retarded at his level. 0 reason for him to still worship money as god, if he had double his networth it'd make pretty much no difference to the actual amount of power he holds.

>>23799373
Get raped by a pack of niggers tranny

>Leave the election to me

I wish I was a big influencer or had some sort of charisma. I would get a crew together and pull off a big oceans 15 style heist and we would slowly and stealthily invest it into KO so that future generations never lose it's sweet sticky goodness. Also we would fucking blow up Pepsi. Fuck Pepsi. If you even (you) me defending Pepsi you're fucking gay.

>>23457137
Then I will take my money and bid you adieu you little nigger.

>>22231253
Buy? I sell covered calls.

>>21922957
I know what is. I’ll give you a hint

>>21057442
Because you chose to be fearful when everyone else was fearful, instead of being greedy.

>>20601547
Sorry Mr. Buffet. I'll be right back with your Coke sir.

>>19994132
REMINDER
>Warren Buffett is retarded
>George Soros is out of touch
>Mark Cuban is a schizo
>Jim Simons has lost it
>Carl Icahn is a /biz/let

Aren’t natural monopolies a good thing? Like if a drink becomes so popular because everyone likes it? Why is that so bad?

OMG THE STOCKS ARE CHANGING I'M NEW AND WTF IS GOIGN ON THIS SHIT COST 5 BUCKS YESTERDAY AND NOW ITS 5.50 WTF GUYS IS THIS THE END OF THE WORLD?!

>>19760549
>You're on!
>...
>Ok, lets get another ca-
>UHHHH.
>...
>Hey! It took ya long en-
>S-S-s.... shoutouttojannieswho....
>[heavy breathing]
>cramer is visibly upset
>Uh... doitforfree
>Um.
>RTX.

Next week for covered calls I am doing SWBI, CCL, and KR. SWBI and KR are quite solid. CCL is a bit of a gamble. You can also try Oracle, they are decently safe but also less rewarding. Last week I did CHWY, GME, and PLAY. CHWY and GME were good, but PLAY did not work out as well (just as I feared). Remember to do your own research!

In other news, you might want to learn about bonds. If you go to your brokers bond search, you can search for bonds with certain ratings and Yield to Maturity. The rating indicates the likelihood of bankruptcy, with A's being near zero, B's are safe-ish, and low B's and C's are probably going bankrupt. The yield to maturity is the percentage per year you make by holding the bond. This means if you bought a bond at 12% YTM, you're effectively earning 12% guaranteed per year. If a company does go bankrupt, it doesn't necessarily mean you lose everything either, you might still receive partial payment or shares/bonds in a new company if it survives a restructure.

>>19705484
>>19705779
When you manage billions, the game is totally different. You could single highhandedly buy out companies in a hostile take over. In the last Berkshire meeting, Buffet said 100 million is basically nothing to them.

Next week covered calls I am doing SWBI, CCL, and KR. SWBI and KR are quite solid. CCL is a bit of a gamble. You can also try Oracle, they are decently safe but also less rewarding. Last week I did CHWY, GME, and PLAY. CHWY and GME were good, but PLAY did not work out as well (just as I feared).

In other news, you might want to learn about bonds. If you go to your brokers bond search, you can search for bonds with certain ratings and Yield to Maturity. The rating indicates the likelihood of bankruptcy, with A's being near zero, B's are safe-ish, and low B's and C's are probably going bankrupt. The yield to maturity is the percentage per year you make by holding the bond. This means if you bought a bond at 12% YTM, you're effectively earning 12% guaranteed per year. If a company does go bankrupt, it doesn't necessarily mean you lose everything either, you might still receive partial payment or shares/bonds in a new company if it survives a restructure.
I have bought Nordstrom, Royal Caribbean, and US Steel bonds for 10%+ YTM.

>>19357874
BFOCX

>>19316580
I like American food and Italian AND IM NOT ASHAMED! GIMME THE BURGERS AND FIRES! GIMME THAT PIZZA AND CHICKEN! IM GOING TO DRINK THIS COKE! Fuck you fake "ethnic" shit, you'd never actually go to that country and eat the real thing.

>>19291544
Ha, even Warren Buffet says the same thing. The best investment you can make it to pay off your debt.

>>19186105
>Hasn't anyone told Mr Buffet that the economy is not the stock market???

I did a preliminary screening of some great covered call opportunities for next weeks earnings.
FL - Foot Locker, Inc.
WB - Weibo Corp
KSS - Kohl's Corporation
GPS - Gap Inc
VIPS - Vipshop Holdings
HRL - Hormel Foods Corp
HPE - Hewlett Packard Enterprise Co

These companies have earnings reports coming out next week. The premiums on near the money options are at 2% or greater. WB and FL have the highest premiums percentage at 5% and 8%. This is a good opportunity to make a low risk play with decent upside. The strategy I am executing is to purchase shares in lots of 100 and sell covered calls to collect the premiums at the start of the week (or the Friday before the weekend).

An example:
Buy 200 shares of FL at $23.50 for a total of $4700
Sell weekly calls at $24 for about $1.50 each, net credit of $300.
Possible results:
Week ends at $26 (+10.6%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: -2.1%
Week ends at $25 (+6.4%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: +2.1%
Week ends at $24 (+2.1%) = $5100 ($24*200 + $300 from calls) (+8.5%) : Delta: +6.4%
Week ends at $23 (-2.1%) = $4900 ($23*200 + $300 from calls) (+4.2%) : Delta: +6.4%
Week ends at $22 (-6.4%) = $4700 ($22*200 + $300 from calls) (+0%) : Delta: +6.4%
Week ends at $21 (-10.6%) = $4500 ($21*200 + $300 from calls) (-4.3%) : Delta: +6.3%

Note: When the Call is not executed, you may choose to continue to hold the stock and wait for it to rise again.

As you can see, with such a high premium, the upside for covered calls is quite high and the downside is partially mitigated. If you are expecting a drop you can sell deeper in the money calls, and if you think it will pop, you can sell higher out of the money calls.

Previous weeks covered call results:
200 DKNG selling May 15 25C / Cost Basis: $4847 (-$258) / Outcome: $5258 (+8.5%)

>>19075250
FPBP