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54953134

If you're Freaking out about the Price, you're not an Investor Anonymous Sat May 13 13:03:55 2023 No.54953134 [Reply] [Original]

I truly don't give a fuck about the price of any of my investments, I'm serious, couldn't give a fuck. I know the companies I buy are generating consistent positive and growing cash flows and don't give a fuck. In fact I recently bought a broad market index and was slightly UPSET that it went up, because in the future I'll have to pay a higher price for it. This is how a real investor thinks, we don't really give a shit about the price, but we have slight hopes for our stocks to go down.

Inflation? Truly don't give a fuck. I couldn't give two shits about inflation.

Interest rate hikes? Couldn't give a shit, what's that?

Rececssion? Good

Change of government policy? Good thing my portfolio doesn't rely on government contracts, my companys' value exist independently of government. A perfect example is APPLE. I own APPLE, APPLE does not give a fuck what the government thinks it will continue to earn cash.

I even own some Bitcoin, but guess what, I don't give a shit about the price.

>>	Anonymous Sat May 13 17:08:10 2023 No.54955089 >>54953134 Am I an investor?

>>	Anonymous Sat May 13 17:26:36 2023 No.54955242 >>54955089 Let me say, maybe.

>>	Anonymous Sat May 13 17:30:43 2023 No.54955279 >>54955089 AM I AN? AM I AN? RANKESH LEARN ENGLISH

>>	Anonymous Sat May 13 17:39:52 2023 No.54955363 >>54955279 ESL hands posted this.

>>	Anonymous Sat May 13 17:43:38 2023 No.54955400 File: 142 KB, 1255x908, fresh OC.jpg [View same] [iqdb] [saucenao] [google] >>54955363

>>	Anonymous Sat May 13 17:47:55 2023 No.54955450 >>54955279 You can't even string a sentence, learn history.

>>	Anonymous Sat May 13 17:49:50 2023 No.54955481 >>54953134 >I own APPLE I mean you don't really, that's just commonly agreed upon fiction.

>>	Anonymous Sat May 13 17:50:56 2023 No.54955493 >>54955481 I can't tell if you're trolling or not, if I don't own it who does?

>>

Anonymous Sat May 13 17:53:34 2023 No.54955522

>>54955493
In some sense, nobody, it's its own entity. Operatively, the board of directors and the executives. Owning something means owning it in the operational sense, i.e. in the sense of being able to influence what it does. That's not inherently what ownership is, but it's a necessary component of what ownership is. If you cannot materially influence Apple, you can't be said to "own Apple", that's like saying "I own a house but I can't live in it or rent it out".

>>	Anonymous Sat May 13 17:58:30 2023 No.54955574 >>54953134 Based. This is how I as a Gamestop investor feel everyday. I'm glad there are others out there with the same mindset.

>>

Anonymous Sat May 13 18:09:14 2023 No.54955701

>>54955522
The board of directors and executives don't own it, they run it. I OWN IT

>Owning something means owning it in the operational sense, i.e. in the sense of being able to influence what it does. That's not inherently what ownership is, but it's a necessary component of what ownership is. If you cannot materially influence Apple, you can't be said to "own Apple", that's like saying "I own a house but I can't live in it or rent it out".

No, tha'ts not true, ownership means the rights to the proceeds of. If I am entitled to the proceeds of something, I own it.

>"I own a house but I can't live in it or rent it out".

Yes, I own the government, doesn't mean i can walk into any federal building

>>	Anonymous Sat May 13 18:10:48 2023 No.54955719 >>54955701 >Yes, I own the government, doesn't mean i can walk into any federal building In what sense do you own it?

>>	Anonymous Sat May 13 18:15:06 2023 No.54955749 >>54955522 did you just learn about the stock market and come here to show off your fancy book learning? obviously he doesnt own the whole company

>>	Anonymous Sat May 13 18:16:11 2023 No.54955758 I like this bread.

>>

Anonymous Sat May 13 18:18:27 2023 No.54955781

>>54955749
>he doesnt own the whole company
Even if not, the effective utility of fractional ownership is 0, not a positive number above 0. To stay with the example of the house: 3 people might be able to own it and share it between them, but 3000 wouldn't be able to, if they tried to all live in it in. Likewise, millions of people can't all effectively exert control over a company individually.
If you're talking about about the purely monetary aspect: Apple's dividend yield is 0.53%, which makes it a far worse investment than bonds.

>>	Anonymous Sat May 13 18:26:08 2023 No.54955841 >>54953134 Noble, with attributes of a king, like a solitary lion.

>>	Anonymous Sat May 13 20:20:19 2023 No.54956781 >>54955719 In theory the people of the United States are the government, that's the whole point of representative democracy However in practice it just becomes a cabal of people born into power serving (((special interests)))

>>	Anonymous Sat May 13 20:22:01 2023 No.54956802 what if you don't care about anything or life in general? Are you still an investor then?

>>	Anonymous Sat May 13 20:32:29 2023 No.54956909 >>54955781 Wut???? Dividend yields aren't even good, I would rather they pay 0 dividends.