Why I'm Selling Apple and Google Today - and Holding Amazon [View article]
Same reason I am waiting until Buffett kicks the can. I will pick up BRK at that time.
What's your thoughts on the future of sales tax on the internet. At some point, with all this money we are spending, i assume that will be looked at as a possible solution to get extra money. If amazon is taxed, their no different than anyone else on the street (after various rebates and what not). I love em, and I shop there a lot, I just can't own a Blue chip with a PE of 34
SmartStops: Approach the market in what way? It was valued at a reasonable price in relation to their earnings growth.... It's not their fault everyone freaked out and started selling everything. Heck, they threw the house out with the bathtube, not just the baby. It was a better valuation than Yahoo, BIDU, etc... Yes, you're correct, people should utililze stops and protect thier profits, but to call their approach ridiculous isn't fair. What's happening now is ridiculous. The market, not their trading styles are ridiculous. Offer advice, not just negativity...
Why I'm Selling Apple and Google Today - and Holding Amazon [View article]
What's your thoughts on the future of sales tax on the internet. At some point, with all this money we are spending, i assume that will be looked at as a possible solution to get extra money. If amazon is taxed, their no different than anyone else on the street (after various rebates and what not). I love em, and I shop there a lot, I just can't own a Blue chip with a PE of 34
How Low Can Google Go? [View article]