,
4 tweets,
1 min read
Read on Twitter
Simba: "What do you do when Wildebeasts are stampeding taking the market down?"
Mufasa's Ghost in the Sky: "You have forgotten you calibrated risk by holding a big slug of cash and cash equivalents. Look for bargains based on intrinsic value. Hamburgers are being put on sale."
Mufasa's Ghost in the Sky: "You have forgotten you calibrated risk by holding a big slug of cash and cash equivalents. Look for bargains based on intrinsic value. Hamburgers are being put on sale."
Simba: "When do I buy?"
Mufasa: "You've forgotten about discounting cash flow. Don't join a stampede of wildebeests who have reached the third degree where they devote their time to anticipating what average opinion expects the average opinion to be."
Simba: "Beauty contest?"
Mufasa: "You've forgotten about discounting cash flow. Don't join a stampede of wildebeests who have reached the third degree where they devote their time to anticipating what average opinion expects the average opinion to be."
Simba: "Beauty contest?"
Mufasa: "An investor’s time is better spent trying to gain a knowledge advantage regarding ‘the knowable’: industries, companies and securities. The more micro your focus, the greater the likelihood you can learn things others don’t.”
Simba:"Mr Market is bipolar. ⭕️ of life!"
Simba:"Mr Market is bipolar. ⭕️ of life!"
Scar: "Sell-side analysts said today that they have sympathy with some of the tactical market concerns."
Mufasa: "What does that even mean? It's like raising a Beyond Meat target by 40% with a neutral rating issued today. Where's the beef? Investors buy a share of a business."
Mufasa: "What does that even mean? It's like raising a Beyond Meat target by 40% with a neutral rating issued today. Where's the beef? Investors buy a share of a business."
