{"id":51015,"date":"2020-06-23T11:05:59","date_gmt":"2020-06-23T15:05:59","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=51015"},"modified":"2020-06-23T14:00:06","modified_gmt":"2020-06-23T18:00:06","slug":"inn-search-of-a-simple-investment-philosophy-and-some-new-stock-purchases","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=51015","title":{"rendered":"In Search of a Simple Investment Philosophy, and some new stock purchases"},"content":{"rendered":"<p style=\"text-align: left;\">The facts:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + Stocks are way overpriced &#8212; by conventional value metrics.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + The Fed is doing anything and everything to support the economy. Don&#8217;t fight it.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 \u00a0+ There&#8217;s $5 to $10 trillion in cash looking for a profitable home. Hence the ridiculous rise in stock prices and value increases in stabilized multi-family residential real estate.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + The virus lockdown has accelerated extant trends &#8212; like digitization of business and remote work. And the fixing up of homes (like ours).<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + There will be huge bargains in newly-redundant real estate an converting (aka repurposing) it to some thing else &#8212; e.g. warehouses for online retailers.<\/p>\n<p style=\"text-align: left;\">In short, this world is full of opportunities. Jack, be nimble. Jack be quick.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Philosophy<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><strong>CHECK. CHECK. CHECK.<\/strong>\u00a0 My oldest philosophy. Two true stories:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + &#8220;What&#8217;s with the airport?&#8221; The buyer moved into his new $5 million house. His first call to the seller began, &#8220;What&#8217;s with the airport?&#8221; Planes came in 100 feet above his new house. The noise and shaking was incredible. He didn&#8217;t notice runway.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + &#8220;The house has a gravity problem.&#8221; The buyer discovered metal poles in the basement. The house was sinking. It had a &#8220;gravity&#8221; problem.<\/p>\n<p style=\"text-align: left;\">I don&#8217;t make this stuff up. I&#8217;m not that good.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>100th tennis game this quarantine<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">This is Mark Johnson, my great tennis partner, yesterday:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51021\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/06\/Harry-Tennis-at-100.jpg\" alt=\"\" width=\"400\" height=\"225\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Love this<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51022\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/06\/buried-with-the-cat.jpg\" alt=\"\" width=\"450\" height=\"538\" \/>.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Silliest, funniest video.\u00a0<\/strong><\/span>Enjoy.<\/p>\n<p><iframe loading=\"lazy\" width=\"690\" height=\"388\" src=\"https:\/\/www.youtube.com\/embed\/5iqjGCLXQyA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Useful Things to do<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + Unsubscribe. You don&#8217;t learn anything from 90% of what pours into your email box daily.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + Get your ears cleaned. Go to a doctor who uses a miniature ice cream scoop, not drops. Best medical procedure ever. Without all that wax, you can now hear.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">\u00a0 + Tell your cable\/Satellite TV provider to go fly a kite. Subscribe to YouTube TV. It&#8217;s got so many great features. Including it records virtually everything. So you can see shows you missed. Or shows you you missed the first five minutes of.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Latest purchases<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Crowdstrike, Fastly, Spotify, WEX, WorkDay, Zoetis. The full list is in the right hand column on my web site. Click <a href=\"https:\/\/www.technologyinvestor.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\">It&#8217;s getting hot. We started playing tennis at 7:17 this morning. We found a tennis court with shade until 8:30. Thank God for trees.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Trump&#8217;s Tulsa speech<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">I watched the entire 2 hour speech.<\/p>\n<p style=\"text-align: left;\">I did hear the full story about the leather shoes and the metal ramp, the glass of water and the pricey tie that shouldn&#8217;t get wet.<\/p>\n<p style=\"text-align: left;\">I didn&#8217;t hear anything about George Floyd, police reform or the virus &#8212; except it you test more you&#8217;ll find more sick people &#8212; which is classic Trumpian &#8220;logic.&#8221;<\/p>\n<p style=\"text-align: left;\">The good news: We&#8217;re not going to war with anyone. The sad news: We&#8217;re not getting any help on the virus. The no-news. It&#8217;s 2016 all over. If the speech worked then, it will work in 2020. Maybe.<\/p>\n<p style=\"text-align: left;\">I would have liked to hear about the infrastructure bill, or what we&#8217;re doing to help the millions out of work, or a major push on a vaccine or a cure. I like Visions. I like to be thrilled.<\/p>\n<p style=\"text-align: left;\">The speech won&#8217;t sway the November election one way or the other. If he wants to win, he&#8217;d better come up with something new.<\/p>\n<p style=\"text-align: left;\">I felt sorry for Trump (my first time). The press unfairly eviscerated him on the speech. &#8220;He looked tired.&#8221; &#8220;The speech was lacking.&#8221; The New Yorker billed it as &#8220;Donald Trump&#8217;s Empty Campaign Rally in Tulsa.&#8221;<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Zoom is still the greatest<\/strong> <\/span><\/p>\n<p style=\"text-align: left;\">All the family &#8212; from Maine to Oregon &#8212; joined a Zoom call to wish me Happy Father&#8217;s Day. Saved a lot of air fares and crowded airports. Everyone felt safe. The kids showed me all the signs they&#8217;d made for me. Zoom is amazing. They&#8217;re like Google. I bet Zoom didn&#8217;t spend a nickel on advertising and everyone knows them.\u00a0 Viral still works. If you have a Google or a Zoom you want financed, call me.<\/p>\n<p style=\"text-align: left;\">See you tomorrow (after I&#8217;ve played my 102th consecutive tennis game of this Covid quarantine.<\/p>\n<p style=\"text-align: left;\">Watch that video above. It&#8217;s hysterical. &#8212; Harry Newton<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The facts: \u00a0 + Stocks are way overpriced &#8212; by conventional value metrics. \u00a0 + The Fed is doing anything and everything to support the economy. Don&#8217;t fight it. \u00a0 \u00a0+ There&#8217;s $5 to $10 trillion in cash looking for a profitable home. Hence the ridiculous rise in stock prices and value increases in stabilized [&hellip;]<\/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-51015","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51015","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=51015"}],"version-history":[{"count":12,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51015\/revisions"}],"predecessor-version":[{"id":51033,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51015\/revisions\/51033"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}