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The Long Investor
$AMZN hard to argue the significance of this rejection at its ATH line. https://t.co/FX2hd82YRU
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$AMZN hard to argue the significance of this rejection at its ATH line. https://t.co/FX2hd82YRU
$AMZN hitting $189 yesterday signalled the last of the Mega Caps to reach their ATH levels after the 2021 decline.
Wave 5’s typically need to reach a higher high to complete, which is found now in all Mega Caps and the $SPY
Extraordinary timing to complete only yesterday.
The market is showing reversal indications on a number of fronts now.
When the $SPY and $QQQ lose their 50 Day MA, plans to conserve capital (if you have not done this already) should be put in place.
There is no excuse not to be prepared now tweet
The Long Investor
BYD has a whopping 700k employees and produced 3 million cars in 2023.
That is 4 cars per employee.
Ha
So they are either planning for a massive expansion or their costs of labour is so low that many western manufacturers can not compete with this.
Either way, both adds pressure on $TSLA.
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BYD has a whopping 700k employees and produced 3 million cars in 2023.
That is 4 cars per employee.
Ha
So they are either planning for a massive expansion or their costs of labour is so low that many western manufacturers can not compete with this.
Either way, both adds pressure on $TSLA.
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Giuliano
Munger on the cost of capital
“Obviously, considerations of costs are important in business, And we always had that kind of thinking."
"Of course capital isn’t free, and you can easily figure your cost of loans, but the theorists had to make a measure for what equity costs, and there they just went bonkers.”
“They said that if you earn a 100% percent on capital because you have such a lovely business, your cost of capital is a 100% and therefore you shouldn’t look at opportunities that generates a lousy 80%, that is the kind of thinking that came out of the capital-asset pricing models that I always considered insanity”
“What is Berkshire Hathaway cost of capital? We have this damn capital, it just keeps on multiplying, what is its cost?
You have perfectly good old-fashioned doctrines like opportunity cost, and in every single time we consider an investment, we need to compare it to the best alternative investment we have at that time. But such perfectly good doctrines were not good enough for these modern theorists, so they invented all this ridiculous mathematics which concluded that the companies that made the most money had the highest cost of capital. All I can say that this is not for us.”
h/t Investorhub Blog.
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Munger on the cost of capital
“Obviously, considerations of costs are important in business, And we always had that kind of thinking."
"Of course capital isn’t free, and you can easily figure your cost of loans, but the theorists had to make a measure for what equity costs, and there they just went bonkers.”
“They said that if you earn a 100% percent on capital because you have such a lovely business, your cost of capital is a 100% and therefore you shouldn’t look at opportunities that generates a lousy 80%, that is the kind of thinking that came out of the capital-asset pricing models that I always considered insanity”
“What is Berkshire Hathaway cost of capital? We have this damn capital, it just keeps on multiplying, what is its cost?
You have perfectly good old-fashioned doctrines like opportunity cost, and in every single time we consider an investment, we need to compare it to the best alternative investment we have at that time. But such perfectly good doctrines were not good enough for these modern theorists, so they invented all this ridiculous mathematics which concluded that the companies that made the most money had the highest cost of capital. All I can say that this is not for us.”
h/t Investorhub Blog.
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The Long Investor
Powell Tee Time is at 1315
Most important person in the US today https://t.co/s8TQ00xv7n
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Powell Tee Time is at 1315
Most important person in the US today https://t.co/s8TQ00xv7n
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The Long Investor
$BTC is pulling back with the market but the timing is coincidental I think.
The halving event is taking place this week
This date was known for a number of years
But there was no way to know when the market would start to pull back, or that Middle Eastern tensions would rise and CPI would come in Hot, in the same week.
Yes it is not acting like Gold right now but I believe it is getting a question wrong and not failing the full test
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$BTC is pulling back with the market but the timing is coincidental I think.
The halving event is taking place this week
This date was known for a number of years
But there was no way to know when the market would start to pull back, or that Middle Eastern tensions would rise and CPI would come in Hot, in the same week.
Yes it is not acting like Gold right now but I believe it is getting a question wrong and not failing the full test
$BTC 3 weeks later and no changes to our projection that this is in its ABC correction.
There has been a rejection at the $69k level again, one more test of this level and it rejects, then we have further confirmation.
From the guy that brought you up from $19,000 to $73,000 https://t.co/smrSEwEzuJ tweet
Brandon Beylo
Calvin joining the Tin Barons is the best news I’ve seen all week.
#tin
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Calvin joining the Tin Barons is the best news I’ve seen all week.
#tin
WW2: there were widespread shortages of steel and tin. A single tank uses around 18 tonnes of steel.
Most small military tools were made of tin. tweet
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🏴☠️ (@calvinfroedge) on X
WW2: there were widespread shortages of steel and tin. A single tank uses around 18 tonnes of steel.
Most small military tools were made of tin.
Most small military tools were made of tin.
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Q-Cap
Investing is easy folks
Just buy back 62.4M S/O in the last 10 years
Reduce your share count by 50.56% in 10 years
Watch your stock go up +653% in 10 years
$ORLY https://t.co/YYaROAJuR1
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Investing is easy folks
Just buy back 62.4M S/O in the last 10 years
Reduce your share count by 50.56% in 10 years
Watch your stock go up +653% in 10 years
$ORLY https://t.co/YYaROAJuR1
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