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Snagging some “bargains” — and other ideas for our “certain” market

I don’t like stocks at this moment in time.  Too much certainty of “bad” things:

+ The vaccines won’t be ready for months.

+ There probably won’t be a stimulus — unless the Democrats win in the Georgia runoff.

+ The pandemic’s affect on the economy is worsening, as we increasingly shut down. The Telegraph called it “The Purgatory of Pointless Lockdown.

+ This “holiday” season will be good for all the overpriced stay-at-home stocks, including Zoom, Amazon, Roku, WMT, etc. (Look at our portfolio.)

+ Too many people are gambling with “rotation” –hence there’ll be huge volatility, day to day.  Which you don’t want to respond to. Except to nibble at stocks like GE, F, FDX and UPS.

But I think it would be wrong to sell stocks.

It is good to put in ultra-low buy bids for your favorite stocks. Put some bids in at 10% below recent highs, today’s prices or whatever your eagle eye tells you when you read the charts. Try some at 15%.

I just snagged some BIDU and LOGI.

AMZN and AAPL will soon be snaggable.

I call Todd

Assistant: He’s on the other line.

Harry: Is he speaking on it, or balancing on it?

Assistant: He’s yelling on it.

I don’t own enough Zoom

But I’m still up heavily on it.

I love Zoom calls for three reasons: I don’t have to travel for them. They’re remarkably productive. I can dress in my executive pajamas from Lands End — whose stock has done well this year (without me).

Sadly, many Zoomers have old laptops and, hence, horrible sound. Solution to the sound:

+ Buy this $35 lapel mic.

Available here.  And buy this splitter so you can speak on the microphone and hear on your headphones.

Available here.

Man Refuses to Leave Job He Hates

WASHINGTON (The Borowitz Report)—A Florida man who hates the job he has held for nearly four years is nevertheless refusing to leave it, puzzling psychologists.

While many people are reluctant to leave jobs that they enjoy, the man has shown every sign of despising his job from the day he took it.

Rather than applying himself to the tasks before him, he has gone to great lengths to avoid them, watching television most of the day and frequently leaving the office to play golf. Sometimes, he has even hidden in the basement of his workplace for hours, according to reports.

And yet, despite his obvious distaste for his job, he has steadfastly refused to accept the fact that he was fired from it two weeks ago.

Dr. Davis Logsdon, chairman of the psychology department of the University of Minnesota, proposed a possible explanation for the man’s bizarre actions. “This is the behavior of someone who has failed at many jobs,” he said. “On some level, he is terrified that he is not employable anywhere else.”

Time to listen to more of her wonderful songs

Sony’s CEO, Akio Morita invented the original Walkman, released in 1979,  so he could listen to classical music while he was playing tennis. He was a tennis nut.

For younguns, some history: The Walkman was a portable cassette player that allowed people to listen to music of their choice on the move. Its popularity made “walkman” an unofficial term for personal stereos of any producer or brand. By 2010, when production stopped, Sony had built about 200 million cassette-based Walkmans. (Some of these words I stole from Wikipedia.)

Off to tennis. It’s my 249th game, since we fled New York City in March. — Harry Newton