Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

You must be getting close to old man status. When are you going to stop chasing greed, and start chasing security with your investments?

Yes, my body tells me every morning. All I will say is I am happy with my return and the commensurate amount of risk I assumed in earning it.

 

[SAJ-99]

You must be getting close to old man status. When are you going to stop chasing greed, and start chasing security with your investments?

I think what schmalts sees is not anti-capitalism but anti-oligopoly. American has a long history of breaking up oligopolies since the Sherman act: Northern Securities (Railroad trust), American Tobacco, Standard Oil, AT&T. Most Americans the last 18 months see corporations blatantly buying politicians and data centers popping up next door and probably look at tech firms as needing some regulation. Ironic that the market reaction to Google separating Youtube and Facebook splitting off Instagram might very well be positive.