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Applaloosa Management is still looking good

SaltAndPepper
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mrcompletely11 Grand Master

mrcompletely11

Posted
Posted
1 minute ago, SaltAndPepper said:

https://www.msn.com/en-us/money/savingandinvesting/tepper-s-2-billion-hedge-fund-payday-marred-by-nfl-meltdown/ar-AA1mvi60?ocid=hpmsn&cvid=fa1f7ed3ae50437ead4ae27a7ba4991f&ei=8

May be irrelevant, but at least something's gone right for that man this year. 

Dude is a genius on the financial side and I would hand him every damn penny I had if I could

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LinvilleGorge Grand Master

LinvilleGorge

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1 hour ago, mrcompletely11 said:

If giving your money to a financial advisor is selling your soul then you have some wacked out views of the world

Honestly, it kinda is. This mentality of "I'm only an investor" and using that to separate and insulate ourselves from the companies we invest in is just a cop out.

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mrcompletely11 Grand Master

mrcompletely11

Posted
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6 minutes ago, LinvilleGorge said:

Honestly, it kinda is. This mentality of "I'm only an investor" and using that to separate insulate ourselves from the companies we invest in is just a cop out.

I have no problem admitting there are people in this world way more knowledgeable then me in the fiancial sector and wealth management.  Thats just how the world works.  I think at some point in investing and planning its kindof nuts to try and do it yourself once you get past a certain limit.  You are leaving money on the table per se.

 

And yes I would give Tepper and his fund every penny I have

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CRA Grand Master

CRA

Posted
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7 minutes ago, LinvilleGorge said:

Honestly, it kinda is. This mentality of "I'm only an investor" and using that to separate and insulate ourselves from the companies we invest in is just a cop out.

McDonald's charging poor people 15 bucks for a "value meal" that is slowly killing them....in the name of a dividend and a happy quarterly call.    

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Tbe Grand Master

Tbe

Posted
Posted
19 minutes ago, LinvilleGorge said:

Honestly, it kinda is. This mentality of "I'm only an investor" and using that to separate and insulate ourselves from the companies we invest in is just a cop out.


It’s possible to be an investor and only invest in companies that align with your values.

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LinvilleGorge Grand Master

LinvilleGorge

Posted
Posted
24 minutes ago, mrcompletely11 said:

I have no problem admitting there are people in this world way more knowledgeable then me in the fiancial sector and wealth management.  Thats just how the world works.  I think at some point in investing and planning its kindof nuts to try and do it yourself once you get past a certain limit.  You are leaving money on the table per se.

 

And yes I would give Tepper and his fund every penny I have

That's one way to view the world but I think it's a way to view the world that leaves you no leg to stand on when you accuse others of having "some wacked out views of the world". IMO, valuing a dollar over any and everything else is pretty fuging wacked out.

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LinvilleGorge Grand Master

LinvilleGorge

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16 minutes ago, Tbe said:


It’s possible to be an investor and only invest in companies that align with your values.

Sure it is. But the Teppers of the world don't care about it and wealthy people give their money to them to accumulate more wealth and insulate themselves from the impact of their investment dollars while oftentimes virtue signaling to claim to care about issues their dollars are working directly against.

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mrcompletely11 Grand Master

mrcompletely11

Posted
Posted
13 minutes ago, LinvilleGorge said:

That's one way to view the world but I think it's a way to view the world that leaves you no leg to stand on when you accuse others of having "some wacked out views of the world". IMO, valuing a dollar over any and everything else is pretty fuging wacked out.

I was saying "wacked out" in the sense that there are people smarter then me in a lot of fields, not in the sense of making money.

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