Finance division at the largest 5 diamond hotel/resort/casino in the world - Las Vegas Sands. Here is what I usually monitor and trade/invest in: AXP, BA,CAG,CL,DAL,DIS, EADSY,ESV,F,FCX, HD,HMC, JNJ,KO,MCD,MSFT,PG,PM,SWK,TM,V,MA,WAG,WMT,XOM,YUM and LVS of course, to name a few. Good luck!
Millennial. Financial Analyst for a private mid-size company in Boston. Former property Asst. Controller for Marriott property owned by SunStone (SHO) and LIHTC analyst.
I have been investing my own money since the fall of 2011. Constantly trying to expand my knowledge. I try to follow as much as possible, but tend to concentrate on hospitality REITs, oil & gas royalty trusts, and equities. Generally a long only focus.
Bentley University 2011
I am a retired software engineer and a humble trader. Using my own charting program, I do both long-term (years/months) and short-term (days/minutes) trades. I follow a couple of mottoes in trading:
- Trust nobody (especially those flip-flop analysts, or moon shooters).
- Stupidity has a price, which I have paid a lot.
- The trend is my friend, so is the non-trend range. When a trend (very few in years) comes, I buy high and higher (pyramiding up) until it reverses. Most (80%?) of the time, the market is in some sort of trading range, where I buy low and sell high.
- Human can only see what has happened, not what is going to happen. That is, any prediction or forecast is only a guess.
- To me, every trade is a 50/50 bet. First I prepare for the worst, then wish for the best. On profitable trades, it is because I am lucky, not because I am good or smart.
- Never argue with the market. For failed trades, I blame nobody but myself and go back to refine my system.
I come here to learn, and respect everybody's opinions, regardless how absurd they seem to be sometimes. I will never get involved with emotional arguments.
Good luck, and wish you all make money from this fascinating market.
I'm a undergrad in Wa state going into biology. Update: I'm currently a college drop out. I'm long PFE HP AAPL IBM LVS TCK MUR LUK ACI and some mutual funds. I've been an investor in mutual funds since 2002, but found to dislike like the +/-gains. My first 'almost' double bagger was CAT. I held BP through the whole oil spill only to sell at mere gain. I don't short or play options. Sold: CENX 2.6 bagger; MUSA at 40% gain after spin-off dividend from MUR; KCG 26% gain after holding for 2.5 years. ACI still holding while in bankruptcy!!! I just couldn't sell after 75% of my money just vanished.. Jesse Livermore said, "After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!" Peter Lynch said "There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling." Warren Buffett: I say hold, basically hold. I mean, the idea that the European news or slowdown in this or that or anything like that, that would not cause you to own a good farm and had a run by a good tenant, you wouldn't sell it because somebody said here's a news item, you know, this is happening in Greece or something of the sort. If you owned an apartment house and you got to raise your rents a little, it's well located and you have a good manager, you wouldn't dream of selling it. If you had a good business personally, the local McDonald's franchise, you know, you wouldn't be thinking about buying or selling it every day. Now, when you own stocks, you own pieces of businesses, and they're wonderful businesses. So you can pick the best businesses in the world, and to buy or sell on current news is just crazy. You're in a wonderful business, you've got people running it for you. You know you're going to do well over five or 10 years, and to think news events should cause you to try and dance in and out of something that's a wonderful game is a terrible mistake. So get into a bunch of wonderful businesses and stay with them. http://calvinayre.com/2013/01/02/casino/global-gaming-asset-management-set-to-secure-9-stake-in-bloomberry-resorts-packer-opens-the-expensively-renovated-crown-perth/ None are more hopelessly enslaved than those who falsely believe they are free ----- Johann Wolfgang von Goethe