Read? DBS : Round 23-2 : Sold @ $35.02
Bought back to suck Panadols again!
War escalating or peace talk?
Posts
How Zero-Sum Thinking May Affect Attitudes About Taxes
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Do you think about the world as “zero-sum,” where resources are limited and
my gain is your loss? Or do you believe that resources are plentiful and we
all...
19 minutes ago
CW,
ReplyDeleteOne thing we know for sure, you have no problem pulling the trigger!
You got guts to buy the freaking dip!!!
You the man!
Already threw $100K in late Jan & another $100K on 24 Feb. Let's see if the war goes nuclear.
ReplyDeleteUsually the start of war is a good time to invest. After the Pearl Harbour attack, Dow dropped a further -14% (when Buffett started his investing career at 12 yrs old). Dow gained +64% from Pearl Harbour till the end of WW2.
An exception might be the 1973 Yom Kippur War which occurred right in the middle of the 1973-1974 bear market (where Buffett also lost -50%).
Hmmm come to think about it, this time seems like the early 70s ... accelerating inflation, wars, and wars that further accelerated inflation. Ooops! Kekeke!
Spur,
DeleteMarch 2003, the first Iraq war. It also marked my road to recovery from the brutal 2000 Nasdaq losses ;)
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