Buying a big chunk of COOK today. Yacht party in 2024/2025, y'all are all invited* *in case it rains, bankruptcy party in late 2023
14 year old has her first job and I want to start her Roth account. Plan is she puts in what she wants and we will match 20%. Fidelity has a Roth for kids but has anyone run into something they would recommend over it?
Sorry guys, I thought me putting the check in the mail was enough to spark a rally. Was green for a couple hours!
Have a buddy who is in the mortgage industry. He bought a bunch of calls on DRV which is a triple leveraged inverse ETF on real estate. Pretty sure he’s up somewhere near a quarter mil over the past week and a half.
Some papers I've enjoyed digesting over the last week https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3813202 https://www.hussmanfunds.com/comment/mc220925/ https://www.kaivolatility.com/hubfs...tm_content=222839763&utm_source=hs_automation
Think I'm in the same boat. I've kind of been mentally targeting 3300-3400 on the S&P as the bottom for a while now.
Really dumb question here, but if a company is publicly traded, do the outstanding shares always represent 100% ownership (insiders, privately held and institutional), or are there situations where a company can retain partial ownership completely separate from the outstanding shares? I believe outstanding shares represents 100% and float shows the publicly available shares, with the gap representing the stock insider ownership, is that correct? I have a follow up question, but want to make sure I have this right before asking.
Ok great thank you. follow up hypothetical. If an S-1 says "following this, private equity ABC corp will own 20% and XYZ corp will own 30% of common stock", then outstanding shares are 115M and float is 100M, I assume the ownership of ABC and XYZ is represented in the 100M float number? But the market cap includes the full 115M which includes inside ownership and the full 100% ownership of the company?
What does Geiger have to do with Druckenmiller making the comments? I also have no clue who Geiger is. Druckenmiller on the other hand…
Drunkenmiller advocates for reducing "entitlement" spending. Why is that his solution to a purported debt problem? Why is it not tax increases?
What does this have to do with interest rates associated with debt servicing due to entitlement spending? That's what I called alarmist.
Druck is usually the first say his default state is bearish and is prone to being hyperbolic (he prefaces this often) Meh
Did you just not read the rest of it? He plainly acknowledges we operate at a deficit, and then runs through in detail why "just issue more debt" is problematic.
Not sure the btc performance is where I’d pick fights if I were you. But sure show me asset class performance since the covid 2020 lows.