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Fudge Nuggets

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Posts posted by Fudge Nuggets

  1. 7 hours ago, Johnny Sack said:

    I don’t know.  Things are pretty terrible in the USA right now.  You have a calculation?

    The bailout is over $21 bln so far so there’s your starting point. You figure up the cost of dotard’s impending “deal” since you brought it up. 

  2. We had Boston Consulting come through years ago with a couple of whiz bang fresh out of grad school hot shots.  I won’t lie, they were smart as hell, lot smarter than any of us but they had no idea how the real world worked.  At the end of their assignment they put together a real fancy presentation but when you sifted through the bullshit it boiled down to “In order to grow profits the organization needs to increase revenues and cut costs.”. Gee, thanks for the brilliant insight, Achmed.

    One positive was Ms. Sunile was pretty decent looking (solid surly 7)and had a nice rack.  I got to tap that ass before they moved on to their next goat rope.

  3. 16 minutes ago, EMAWesome said:

    Lol, I'm listening to the Redeye Radio podcast and they had a guy call in from Iowa.  He said he was attending one of the Republican caucus precincts at a church across the street from a high school where one of the precincts for the Democrat caucus was being held.  Things wrapped up after about 45 minutes at the Republican caucus and as he was leaving he heard a commotion coming from the school across the street.  He went over to listen outside the school and he heard a man and a woman scream at each other for six minutes over whether the proper terminology was The New Green Deal or The Green New Deal.

    Ok, boomer.

  4. 42 minutes ago, bad_teammate said:

    Oooh I didn't know the DNC had changed the delegate math in Iowa to bias against the college counties (which, in Iowa, are also the most diverse counties).

    What a dogshit organization.

    Shame.

     

    The rules are always getting changed against poor mistreated Bernie.  Maybe he should have someone on his staff raise hell about it before the rules are changed instead of just bitching, whining and moaning about it after the fact.

  5. 2 hours ago, Somnio said:

    Bangers and mash, fish and chips, Sheppard's Pie, Ploughman's Lunch, Full English breakfast?!?  Fine ales, and teas?

    Your judgement is questionable, sir.

    Fish, chips, cup 'o tea, bad food, worse weather, Mary Fucking Poppins...

    • Like 3
  6. 1 hour ago, Tailgate said:

     "Time is your friend; impulse is your enemy." - John Bogle

     

    It's not what you buy, it's what you pay for it.

    I lost money on some of the greatest names in the world that everyone loved because I bought too high.  I made my biggest profits on solid companies that were down in the dumps and everyone hated them.

    • Like 1
  7. 2 hours ago, tx 3 putt said:

    Seems like companies are ditching the North Sea properties. I’m guessing the economics don’t work out anymore ?

    North Sea always sucks when price of oil goes down, I'm trying to think long term and what happens when the price of oil bounces back; England gets fuck all from the rebound and Scotland cashes in.

    How much of England's energy needs are provided by oil and gas from the Scottish sector?  Nice little bit of leverage the Scots could hold over the Poms.

  8. 9 minutes ago, Goofyboy said:

    I played the micro stocks... made some money... gave it all back. It’s fun while it lasts.

    To the youngster... if you’re in mutual funds / index funds, buy more. Blood in the streets and all.

    My favorite was back in 2009... auto parts supplier that was trading at $1.  It would drop to $1, bounce to $1.10 - $1.15 and repeat.  Thing is, it had $13 / share cash on its balance sheet and all its competitors were going bankrupt so I bought in and bought pretty large for me back in those days (about 10,000 shares).  As expected it went up to about $1.08 and I was about to sell when it shot up to $1.30 after its earnings release.  Yeah for me, cashed out took my 30% and ran. 

    Problem is it never dropped back down to $1 again.  Fucker went straight up to $10, retreated to about $7 then wound up hitting $30 a couple of years later.  Oh what could have been.

  9. 5 minutes ago, Goofyboy said:

    I played the micro stocks... made some money... gave it all back. It’s fun while it lasts.

    To the youngster... if you’re in mutual funds / index funds, buy more. Blood in the streets and all.

    Thing is, we're not even close to blood in the streets levels.  We're overdue to get there and it's going to be bad when it happens, but this ain't it... today.

    • Like 1
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