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AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C

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About AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C

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Ha. I haven’t been doing this long but earnings seem to mean nothing. TSLA, DJT, META, WING and T are just a few stocks that would agree
You may know this better than I do, Although this sounds more like a reference to the Buffet quote about not investing into anything, he didn´t understand. What he meant was not understanding the technical details, but how a product would impact a market, change how people did or experience things.
Just a few thoughts off the hip on that: The Spectre of the Dollar being torpedoed by foreign powers holding to much of it has been around for decades. In the 80s the movie "The Rollover" ran the theme. (Funny enough it basically predicted the factors leading to the financial crisis in 2007). Economically we´re talking mutually assured destruction here, since there is no world economy without the US economy. And Washington would likely counter that move by minting a 35 trillion Dollar coin or a currency reform. Also: All the gold in the world is worthless, if there is no more money to buy it. The current rise of the gold price seems far more driven by investors, who lost trust in their own countries economies (for example in China) and will likely revert, when that picks up again. And no: If gold backed currencies (of any kind) were the answer, nations wouldn´t have abandoned them. Gold as a sanctions buster is partially true. But let us not forget, we are talking people, carrying gold in their baggage in order to pay in other countries (as has been seen in some cases, where iranian couriers were intercepted). As a method of international trading, it´s unsuitable. Of course a cryptocurrency based on gold would be different. But seriously? Transparency, openness and independent verification? In China? How about betting on the United States eliminating their debt by reasonable taxation and public spending instead? And honestly? All these gold to the moon theories usually spring up, when gold is booming. When it´s going through a low, everyone, except some economy preppers, tells you, why it won´t ever recover. Gold can be a sound addition to your portfolio at a reasonable price. What that is can differ greatly according to your circumstances. Consider it a stock of shares, that is valued independent or even counterwise to the stock market, but if you bet all on gold on the economic roulette table, your chances of winning aren´t better, than betting or black or red...
Wasn´t it Munger who said: "Invest in a business, any fool can run, because one day one will. If it can´t stand a little mismanagement, it´s not much of a business?" Don´t get me wrong: Tesla is a great business, but Musk goes off the rails in my opinion. And how much more foolishness it (or the investors) can take, remains to be seen.
[HODL](https://youtu.be/VCBbxjwSboQ?t=168)
I do okay with weeklies more often than not. However, that's my fun money, my speculation fund. My actual investments are very boring dividend aristocrats, t-bills (because they are so good for my margin and easy to liquidate if necessary), and maybe writing some covered calls to squeeze out a few more percent. My options have been very hit and miss lately, I'm doing great for the year but the past few weeks have been nothing but two steps forward, 1.95 steps back. Fun, though.
It didn’t get forced. This is fake news and the EU trying to clout on something Apple was already going to do. Apple started using USB-C in their products almost a decade ago (2015 MacBooks). They’ve never had a problem using or implementing USB-C. When Apple went from the 30pin connector to the lightning connector they guaranteed 10 years of the port and support for it. Apple implemented lightning in 2012 and the change to usbc happened in 2023 - a touch over 10 years. This change was always happening and every idiot sucked off the EU like they did something - “they did not”
Ive heard the phrase, I just thought people would use it cause the m/b/t can sometimes be hard to distinguish when hearing them.
https://x.com/DrewPavlou/status/1791612346844209225?t=NDzAvP8x0uH5ilZkWjQSMQ&s=09
You could’ve made the same return sitting in t bills/money market/HYSA with 0 risk or work lmao Better off just doing that and putting the time spent swing trading in to something productive. This is the problem with trading unless you’re a pro / win the lottery
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