Author Topic: Stocks  (Read 570162 times)

Offline hachover

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Feb 2016
  • Posts: 517
  • Total likes: 99
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Sector ZZ9 Plural Z Alpha
Re: Stocks
« Reply #2720 on: December 05, 2017, 11:20:11 AM »
Fill in the blank.

Knowing the market is overvalued that should be just as valuable as knowing the market is undervalued.

When one knows it is undervalued they by equity. When one knows its overvalued they buy__guns and ammo___.

It's not enough to know that the market is mispriced. You also need to know the right timing for the corrective movement or you could become insolvent.
I'm an optimist; but only because life isn't going to give me any other good choices.

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8286
  • Total likes: 204
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Stocks
« Reply #2721 on: December 05, 2017, 11:30:27 AM »
Fill in the blank.

Knowing the market is overvalued that should be just as valuable as knowing the market is undervalued.

When one knows it is undervalued they by equity. When one knows its overvalued they buy______________.
Value is a subjective term. If something has inherent value of $100, is now being bought at $150, and will be bought at $200 before returning to its inherent value of $100 (assuming the efficient market theory), to one with the knowledge that this will be traded at $200, it's simultaneously overvalued and a buy. A decision to buy and sell is as dependant on timing as it is on inherent value. The greater fool is a true concept. The problem is that it's quite difficult to predict.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Online ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 10805
  • Total likes: 3402
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2722 on: December 05, 2017, 12:00:59 PM »
Value is a subjective term. If something has inherent value of $100, is now being bought at $150, and will be bought at $200 before returning to its inherent value of $100 (assuming the efficient market theory), to one with the knowledge that this will be traded at $200, it's simultaneously overvalued and a buy. A decision to buy and sell is as dependant on timing as it is on inherent value. The greater fool is a true concept. The problem is that it's quite difficult to predict.
Don't fool yourself to confuse speculation with value.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8286
  • Total likes: 204
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Stocks
« Reply #2723 on: December 05, 2017, 12:05:07 PM »
Don't fool yourself to confuse speculation with value.
Would I be fooling myself to say $200 has more value than $150? Do you totally disregard the greater fool as a trading tool?
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Online ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 10805
  • Total likes: 3402
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2724 on: December 05, 2017, 12:09:25 PM »
Would I be fooling myself to say $200 has more value than $150? Do you totally disregard the greater fool as a trading tool?
Trading is associated with speculation.

Investing is associated with value.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8286
  • Total likes: 204
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Stocks
« Reply #2725 on: December 05, 2017, 12:12:49 PM »
Trading is associated with speculation.

Investing is associated with value.
Correct.

אז?
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Online ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 10805
  • Total likes: 3402
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2726 on: December 05, 2017, 12:19:59 PM »
Correct.

אז?

Can't use the term "value" in the context of speculation!

Would I be fooling myself to say $200 has more value than $150? Do you totally disregard the greater fool as a trading tool?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8286
  • Total likes: 204
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Stocks
« Reply #2727 on: December 05, 2017, 12:28:44 PM »
Can't use the term "value" in the context of speculation!
The equity doesn't have value. The knowledge does.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline ADG

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2015
  • Posts: 1477
  • Total likes: 75
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: BK
Re: Stocks
« Reply #2728 on: December 05, 2017, 12:29:32 PM »
so it fair to say the greater fool applies more in regard to timing of the market rather then value.

Online ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 10805
  • Total likes: 3402
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2729 on: December 05, 2017, 12:39:09 PM »
The equity doesn't have value. The knowledge does.
Knowledge of the future is impossible for humans. It is speculation. It could be well calculated, high odds etc, but it is speculation.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1891
  • Total likes: 139
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #2730 on: December 05, 2017, 12:49:25 PM »
Knowledge of the future is impossible for humans. It is speculation. It could be well calculated, high odds etc, but it is speculation.

So is investing in an accounting or law degree.

Online ExGingi

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 10805
  • Total likes: 3402
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2731 on: December 05, 2017, 01:16:16 PM »
So is investing in an accounting or law degree.
True

סדר זרעים is also called סדר אמונה, because planting a seed expecting it to rot in the ground and grow more than what that kernel is worth in and of itself requires מאמין בחי העולמים וזורע.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ludmila

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Aug 2012
  • Posts: 5164
  • Total likes: 269
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: IND
  • Programs: Hilton Diamond,Marriott Platinum,SPG Platinum.
Re: Stocks
« Reply #2732 on: December 05, 2017, 03:36:59 PM »
Knowledge of the future is impossible for humans. It is speculation. It could be well calculated, high odds etc, but it is speculation.
Agreed, speculation is about putting the odds in your favor, and if you were wrong get out fast, your first loss is your smallest loss in trading, investing is very different.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline ADG

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2015
  • Posts: 1477
  • Total likes: 75
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: BK
Re: Stocks
« Reply #2733 on: December 07, 2017, 11:42:57 AM »
anyone bought wall-mart at the beginning of the year?

Offline ludmila

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Aug 2012
  • Posts: 5164
  • Total likes: 269
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: IND
  • Programs: Hilton Diamond,Marriott Platinum,SPG Platinum.
Re: Stocks
« Reply #2734 on: December 07, 2017, 11:58:55 AM »
anyone bought wall-mart at the beginning of the year?
Not at the beginning of the year, bought in April at $73 ,got out in Nov at $98.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline ElectricCPR

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2016
  • Posts: 230
  • Total likes: 10
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #2735 on: December 07, 2017, 04:10:20 PM »
anyone bought wall-mart at the beginning of the year?
Bought at $78 and hanging in there

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 7350
  • Total likes: 1705
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stocks
« Reply #2736 on: December 07, 2017, 04:11:01 PM »
anyone bought wall-mart at the beginning of the year?

I've been telling people to buy for a while now.
They've been making a huge push in e-commerce but people are too scared to value them like a tech company.

If you just separated the online segment it'd be selling at huge multiples.

Offline ADG

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2015
  • Posts: 1477
  • Total likes: 75
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: BK
Re: Stocks
« Reply #2737 on: December 08, 2017, 12:08:13 PM »
I've been telling people to buy for a while now.
They've been making a huge push in e-commerce but people are too scared to value them like a tech company.

If you just separated the online segment it'd be selling at huge multiples.

What do you think about the current price?

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 7350
  • Total likes: 1705
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stocks
« Reply #2738 on: December 08, 2017, 01:56:20 PM »
What do you think about the current price?

I wouldn't buy as investment but for speculation it might be great.
It's all about optics, if people start looking at it as tech it will rise a lot more.

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1891
  • Total likes: 139
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #2739 on: December 13, 2017, 05:43:04 AM »
A thought:

It appears that there will shortly be BTC futures.  Several here expressed interest in shorting BTC and these futures will be the most obvious way to do it.  There is presumably a lot of pent up shorting interest out there that will take advantage of this new way to short.  That should create a lot of selling pressure and drive BTC down at least on the first day the futures are trading.  Surely there will be future buyers as well, but most buyers have already bought actual BTC where as no short sellers have been able to sell yet.