In Search of the Perfect Investment

It’s a tweet-driven market. The rallies off the lows are more and more feeble.

Further nothing but bad news from the UK, France, Italy, Germany, Japan, China. But not India, which, for once, seems to be doing OK.

I’m dumping small holdings of stocks that I think may not do well in a global contraction, like HPQ, BA, and CAT.

I’m also out of the FANG stocks having problems — Apple and Facebook. And ones I mentioned yesterday —  GE, GM, bitcoin, cannabis, housing, commodities (e.g. gold).

I’m short GM. It’s my only short. Today’s it’s going up. Go figure.

The family has two houses and one apartment presently up for sale. It’s called “Getting Smaller.” Our Open Houses are open. But no one shows. I kid you not. No one! Home and apartment prices are dropping like a stone.

Yesterday’s blog had a huge piece on what’s happening — the headline was “Time to be out? If forecasts become reality, we’re in BIG trouble.” — click here.

I feel most positive about AMZN, BRKA, LADR, MSFT and UNH.

Some of my real estate syndicators are eyeing refinancing in today’s declining interest rate world. Good idea. Give some money back to their investors.

Love this quote:

Almost everything you do is a failure, until you get the one success that works. — James Dyson, vacuum cleaner inventor, and billionaire.

The day the music died

Totally wonderful children’s book 

The best children’s book I’ve ever read with a child. Sophie and I spent an hour with it on Sunday. Buy it here.

How to get off LinkedIn, sort of.

You can’t get off LinkedIn. But you can stop the emails.

Here’s how: Open an email account at Gmail. Let’s call it Harrypudding@gmail.com.

Add this new email address to LinkedIn. Remove all the others. Confirm that you received LinkedIn’s email, which checked your new email address.

You can then kill your new bogus Gmail address or use it for signing up to vendors you don’t want ongoing emails from — but you want their 15% signup bonus.

Pretty silly. Sorry. Everyone gives you 15% discount for signing up. So sign up with an email address you’ll rarely check.

Favorite recent cartoons

Harry Newton. It’s now noon and the Dow is fallen. Here’s a chart of the Dow for the last five days. Open up in the morning. Then crash through the day. Good pattern if you’re a day trader, like my friend Steve, who’s laughing all the way to the bank. My main portfolio was up $40,000 this morning. Now it’s losing $2,500.