Convincing monkeys to buy equities is relatively easy than convincing them to buy treasuries.

Credit default swaps is not equal to short selling.

Thank you

Hi there buddy, ep 2 came out. Could you upload that as well for the Non UK residents?

Nice username

Alright bud, I'll read some more about it and figure what went wrong. Thanks for taking the time to reply though.

I didn't need you to explain market cap but thanks for the effort, I'm sure it will helpful to someone. The reason I asked you was because I wanted to know your opinion or your angle on the buy back of apple, that is the same angle I took when I wrote the other downvoted comment.

>This will mean a larger cut of future profits in the form of dividends and greater growth potential in the price of the stock, as future valuations will divide the market cap by 3 instead of 4.

The reasoning I used was, Apple isn't a growing company. Its well mature. I don't think we'll be seeing larger future profits in the form of dividends or greater growth potential. I mean with their product range ever increasing in price, I can't imagine they'd be breaking their sales record any time soon. I personally don't see them growing atleast in the next 5 years unless they come up with better innovation and cheaper prices.

The scenario that you explained is perfect for share buy backs of growing companies that are undervalued. They eventually increase value for the investors long term. But if the shares are overvalued keeping in mind its future prospects, and then you buy them back, it hurts the share holders long term. Any fund manager worth his salt will recognize that and will underweight his position at the very atleast. 401k, which like you said are a bunch of mutual funds and ETFs aren't known to be ahead of the curve. Which is what I meant by lag.

At the end of the day all my comments were entirely based upon the fact that I don't see Apple growing. Which is my opinion and I can of course be wrong.

Edit- Fuck. Now you have me doubting. Am I still wrong?

shiii mind explaining where I went wrong in my understanding?

You're not wrong but the issue is that the rising price is not sustainable, ie short term. This is because the company no longer wants or needs to retain all that money to grow the business. Over time, the market starts discounting that factor and the buy back gain that you had unrealized, no longer exists. Meaning, you lost out on your dividends. If you take an active role in your personal investments or if you've given your money to some sleazy fund, they'll make sure you're out before the market is. 401k's usually lag behind. I'm not saying you won't be profitable at all, you just lose out on that 'extra profitability'.

Stock buy backs are essentially dividends paid out with out the extra tax that investors have to pay (Tax on the dividend AND Tax on the capital gain compared to just tax on the capital gain). Its also easier to manage than paying out dividends to every single investor. Provided the investor is smart enough to take some of his gains out. The rising prices does provide additional liquidity to the big players. In essence, you the layman with his 401k is only there to get screwed over.

>mentioned they were killed in great numbers during the plague

Pretty sure some one else refuted that by saying it was a myth?

As a certified cat fan, I don't relate. Dogs are cute though.

It actually was in some cultures. Black cats especially. And then you had other cultures where they worshipped. Depends really.

>It’s been a shitty day to end a shitty year.

Its been a shitty year. Period. All days included. Maybe I'm being slightly ungrateful but anyways Happy Holidays to you too. Stay safe.

I thought I was cynical but you're quite the one as well.

*Most of the time. You're taking something that's uncommon and highlighting it as if it was common.

People don't realize how important kids are to our survival and mental well being. They can also drive you crazy of course but the joy they bring outweighs the annoyance.