The pics thread

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Krampus in 1995
 
I blow raspberries on the forehead of my cat and speak to him as if he were a male friend. "Like hey nang, how are you doing?" He tends to makes noises in response and do facial expressions.
 
zabu of nΩd;10599240 said:
My stock portfolio...

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Group 1: businesses I'm willing to pay a premium for -- stellar investment reputations, safe income streams, and exposure to market segments with high natural growth
Group 2: same as Group 1, but riskier or at a questionable price
Group 3: generally cheap businesses endorsed by Morningstar and a major value investor
Group 4: cheap businesses with uniquely compelling growth propositions (i.e. mobile computing, single-shot pharma startup, voice command software)
Group 5: stocks that recently crashed into a deep discount

Haven't actually decided on selling off IBM shares for Disney shares - I probably won't do it.

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A = account (i.e. taxable vs. retirement)
G = value investment firm (i.e. Berkshire Hathaway, Tweedy Browne, Sequoia Fund, Bruce Fund)
S = market sector (used to populate a "am I diversified?" formula table)
StkPrc = current price per common share
Target = target % allocation to reach within a year
Actual = current allocation

MktCap = market capitalization
OffLow = % up from 52-week low
Fair% = discount to Morningstar fair value estimate
Buy% = discount to Morningstar suggested buy price
Sell% = discount to Morningstar suggested sell price (i.e. upside)
Moat = Morningstar economic moat rating
Stwd = stewardship rating
Uncty = fair value uncertainty rating

B+Dh = avg annual book value growth + dividend yield since benchmark year
dOIh = avg annual operating income growth since benchmark year
B+D'3 = avg annual book value growth + dividend yield since 2003
dOI'3 = avg annual operating income growth since 2003

P/E = price/earnings ratio
P/OI = price/operating-income ratio
P/FC = price/free-cash-flow
P/S = price/sales
adShl = average sales growth since benchmark year
P/B = price/book-value ratio
adBVhl = average growth in book value since benchmark year

DvYld = dividend yield
a3Pay = 3-year average dividend payout ratio
adDVhl = average growth in dividend since benchmark year
a3RoE = 3-year average return on equity
a3RoA = 3-year average return on assets
D/E = debt/equity
HlitYr = benchmark year (i.e. year considered to produce the most normalized set of annual averages)

Are you an analyst/advisor? Also are these your actual investments, and how much do you have invested? And what is your strategy? I have several long term stocks, and do a lot of day trading as well.

IBM and BRK B are very smart choices. BRK A is basically a retirement plan by itself.
 
I wish I knew more about business. I think I'll just bury my head into it straight after graduation. I could get my dad to tutor me on a bit I suppose.
 
zabu of nΩd;10599416 said:
Much of my underperformance came from holding Apple shares during the period. A good lesson in not using a company's best year ever to determine whether the fundamentals fit the price.

The market is already rather disconnected from fundamentals, but yeah. Apple is going to die once the cult factor fades.
 
In 8 months you've made $3600? that's $112 per week. Not a bad little side thing I suppose yeah. £78.80 (In sterling) per week would be enough for me to live on in a cheap apartment.