{"id":21586,"date":"2013-08-16T09:16:45","date_gmt":"2013-08-16T13:16:45","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=21586"},"modified":"2013-08-16T09:21:28","modified_gmt":"2013-08-16T13:21:28","slug":"days-like-yesterday-happen-sadly","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=21586","title":{"rendered":"Days like yesterday happen, sadly."},"content":{"rendered":"
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Ultra-depressing watching every stock in your portfolio turn red. That was yesterday.<\/p>\n

It hasn’t been an inspiring week.<\/p>\n

\"djiFiveDays2\"<\/a><\/p>\n

I sat there yesterday feeling helpless. It’s not intelligent to sell on such strongly down days.<\/p>\n

Friends asked, “So where’s it going now?” I read all the pundits.<\/p>\n

I think this market will be weak — though not a disaster — until after Labor Day when everyone returns from the Hamptons or wherever else they’ve been goofing off the summer.<\/p>\n

Best: Sit and watch. If your favorites fall, buy a little more. My favorites haven’t fallen enough … I’m still watching. Maybe Amazon?<\/p>\n

Someone helped themselves to $3,811.22 of cash advances from my Visa.<\/strong>\u00a0 To their credit, Visa is removing the charges and checking — how did someone get the money out? Visa is sending me new replacement cards. And — my idea — I’m having them cut my limit on cash advances to $0. I don’t do cash advances on my Visa. That should solve the problem in future. <\/span><\/span><\/p>\n

What weighs nearly 4lbs (more than my laptop) and is full of ads?<\/strong><\/span><\/p>\n

\"Vogue\"<\/a><\/p>\n

Not bad for a print magazine. One part of the economy — women’s fashion — is doing well — in fact, very well.<\/p>\n

\"HarryNewton\"<\/a>
\nHarry Newton who’ll spend the day writing and eyeing some new real estate syndications. Big properties are slowing edging their way out of the portfolios of lenders who ended up with them after foreclosing them… and then finally figuring that a big bumbling financial institution is not good at the day-to-day job of managing individual properties — painting the lobby (which color?), weeding the car park (they keep growing back), etc.<\/p>\n

In the second quarter, Berkshire Hathaway bought new positions in Dish Network, with 547,312 class A shares,\u00a0and Suncor Energy (17,769,457 shares). Both are up, and appear at present a little pricey for my taste.<\/p>\n

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Ultra-depressing watching every stock in your portfolio turn red. That was yesterday. It hasn’t been an inspiring week. I sat there yesterday feeling helpless. It’s not intelligent to sell on such strongly down days. Friends asked, “So where’s it going now?” I read all the pundits. I think this market will be weak — though […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21586","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/21586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21586"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/21586\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}