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I Love Bama
Favorite team: | Alabama |
Location: | Alabama |
Biography: | Money, Women and Food |
Interests: | Football, good food, good beer and LLOTOT |
Occupation: | Stop trying to stalk me |
Number of Posts: | 37723 |
Registered on: | 11/3/2007 |
Online Status: | Online |
Recent Posts
Message
re: Anyone buying MicroStrategy Inc (MSTR)?
Posted by I Love Bama on 5/18/24 at 11:30 am
[quote]
Ended up parting ways with one of them today at 1400% gain. Still holding the other for the moon shot[/quote]
Beast!
...
re: Official CryptoTalk Thread
Posted by I Love Bama on 5/18/24 at 10:49 am
[link=(https://www.ccn.com/news/crypto/cme-spot-bitcoin-trading-threatens-coinbase-etf-dominance/)]LINK[/link]...
re: Official CryptoTalk Thread
Posted by I Love Bama on 5/16/24 at 6:02 pm
For the average person, I think the ETFs are fine. IBIT has the lowest expense ratio.
Buying bitcoin and holding it on your own wallet is by far the preferred method (not your keys, not your coins) but there is a learning curve and i've seen many people struggle with it.
Buy a hardware wallet ...
re: Official CryptoTalk Thread
Posted by I Love Bama on 5/16/24 at 5:44 pm
[quote]The Chicago Mercantile Exchange (CME) announced today that they have plans to make the Bitcoin Spot ETFs available for trading on their exchange.[/quote]
Saw that. Coinbase is going to get left out in the cold it looks like.
[quote]It's getting to be more and more like a feeding frenzy....
re: How High Do you think Nvidia stock can go?
Posted by I Love Bama on 5/16/24 at 9:32 am
[quote]Ai is fake and isn’t gonna be ready to do anything major within the next 5 years[/quote]
AI has already replaced about 50% of what my lawyer does for me in my government contracting and real estate biz.
I have three Colombians that work for me and do not have perfect Enlgish, they use i...
re: How High Do you think Nvidia stock can go?
Posted by I Love Bama on 5/16/24 at 8:10 am
I think it really depends on what the competition can accomplish in the next few years.
I don't think there is any doubt that AI is going to have an equal or greater impact on humanity than the internet did and right now Nividia is in the lead to take advantage of that.
...
re: Official CryptoTalk Thread
Posted by I Love Bama on 5/15/24 at 1:59 pm
Morgan Stanley bought $234,000,000 in Bitcoin as shown in their latest filings that were released today.
The institutions have arrived.
[link=(https://twitter.com/Julian__Fahrer/status/1790801827413508481)]LINK[/link]
Governments have arrived
[link=(https://www.pionline.com/exchange-trad...
re: Official CryptoTalk Thread
Posted by I Love Bama on 5/14/24 at 10:34 am
[link=(https://www.nasdaq.com/articles/wisconsin-investment-board-becomes-first-state-pension-to-buy-spot-bitcoin-etfs-holds-over)]Wisconson State Pension Buys Bitcoin[/link]
Probably nothing.
...
re: Money Talk challenge (1 year update)
Posted by I Love Bama on 5/6/24 at 7:06 am
[quote]I’m not the one throwing money at South American prostitutes for a cheap thrill[/quote]
This is sarcasm. I’ve had a live in gf for years. Jesus. I’ll keep sarcasm on the OT where it can be identified.
[quote]I’m not the one whining about U.S. policy proposals, after once talking about ...
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 6:42 pm
Got it. So I have said nothing counterfactual. Carry on....
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 5:59 pm
So Mr facts. What have I said above that is not factual?...
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 5:40 pm
Your math is just outstanding. You're right. There is no opportunity cost lost by holding hundreds of billions in cash and not in investments.
None.
Thank you for the lesson....
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 5:16 pm
Your reading comprehension is worse than your math. I said the man has not done anything in over 20 years. That is true. What he did in 1885 is really of no importance....
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 5:11 pm
You are truly an idiot.
[link=(https://www.morningstar.com/news/marketwatch/20240217240/even-warren-buffett-is-no-match-for-the-sp-500)]LINK[/link]
[link=(https://www.marketwatch.com/story/even-warren-buffett-is-no-match-for-the-s-p-500-a6e096c5)]LINK[/link]...
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 5:03 pm
He hasn’t beaten the S&P 500 in 20-30 years. What are you talking about.
[link=(https://www.morningstar.com/news/marketwatch/20240217240/even-warren-buffett-is-no-match-for-the-sp-500)]LINK[/link]...
re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.
Posted by I Love Bama on 5/5/24 at 4:52 pm
Has anyone done the math on how much money buffet has lost by holding cash instead of just having it sit in the S&P 500?
It has to be well over 200 billion. ...
re: Money Talk challenge (1 year update)
Posted by I Love Bama on 5/5/24 at 4:16 pm
[quote]No offense to him, but remember that the fellow that you’re responding to said, “God I grow to hate this country more and more by the day.” It was some proposed tax policy that triggered him, but still… I’d never say such a thing, even with a gun pointed at my head.[/quote]
You do see th...
re: Money Talk challenge (1 year update)
Posted by I Love Bama on 5/5/24 at 4:07 pm
You’re a kind man! I will set up a Bitcoin trust for the girls and name if after you (of course there is still a year left to go).
Your contribution to the Bitcoin network will not go unnoticed. ...
re: Money Talk challenge (1 year update)
Posted by I Love Bama on 5/4/24 at 10:44 am
NVdA was an amazing call. But no bet was made. I am not sure how that’s hard for you to grasp.
But since we are tracking it since it was mentioned.
NVDA - 222%
Bitcoin - 120%
S&P500 - 26%
S&P has done much better than I had thought it would actually but as I mentioned in the other thread...
re: Money Talk challenge (1 year update)
Posted by I Love Bama on 5/4/24 at 10:29 am
This has been a fun read one year later.
:rotflmao:
Big Sur is going to make some Colombian girls very happy.
[link=(https://imgur.com/a/K16sMk6)]Good morning from Pereira, Colombia[/link]...
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