OT: Good For Buffet

Originally Posted by eurobounce

I can remember when BH A was $122k per share.

I can feel any sympathy for anyone that owns it. They are all retired millionaires. There are some great stories about working class people buying in when he started and now are loaded. Too bad I didn't grow up next to a guy like that.

[Gander]

I would love to own any stock right about now

Originally Posted by Gander

I would love to own any stock right about now

Stock market is the old way of making money. It is a vehicle for some sort of retirement these days unless you are super loaded. There are a couple of stocks out that that I like. One symbol is TCBK. It is a bank in California. The other is SIRI--Sirius Radio. Both are pretty cheap. Of course you could always short an oil stock once a Democrat gewts elected.

Originally Posted by eurobounce

Stock market is the old way of making money. It is a vehicle for some sort of retirement these days unless you are super loaded. There are a couple of stocks out that that I like. One symbol is TCBK. It is a bank in California. The other is SIRI--Sirius Radio. Both are pretty cheap. Of course you could always short an oil stock once a Democrat gewts elected.

Satellite Radios are going to tank. Be careful. As for stock in oil companies, while this is a crooked administration that takes care of big oil, the price of crude is never going down again until they get the Oil Sands in Alberta running a little more efficiently. Real estate stocks though are likely to tumble as rates tick up.

Originally Posted by boldruler

Satellite Radios are going to tank. Be careful. As for stock in oil companies, while this is a crooked administration that takes care of big oil, the price of crude is never going down again until they get the Oil Sands in Alberta running a little more efficiently. Real estate stocks though are likely to tumble as rates tick up.

You think they are going to tank? I think XM will survive, but I am hoping SIRI will get bought. True about the price of crude, but you never know. I also agree on Real Estate stocks.

Of course I should not give out any stock advice. I lost money the last 5 years--lol.

Originally Posted by eurobounce

You think they are going to tank? I think XM will survive, but I am hoping SIRI will get bought. True about the price of crude, but you never know. I also agree on Real Estate stocks.

The problem with satellite radio is that they are heavily dependent on sales to car manufacturers. Many people are buying cars with them, but realized they don't like pay a monthly fee of $12.95 for radio, which initially comes for free. The other huge problem they are facing is the internet. Almost everything on their stations can be found for free on the internet. Just look at ATRAB (on satellite but also free). I have both but they are becoming more and more useless. I used to like the sports radio and music but now I can listen to the same things for free on the internet. I probably will bail on both at the end of the year.

Originally Posted by boldruler

The problem with satellite radio is that they are heavily dependent on sales to car manufacturers. Many people are buying cars with them, but realized they don't like pay a monthly fee of $12.95 for radio, which initially comes for free. The other huge problem they are facing is the internet. Almost everything on their stations can be found for free on the internet. Just look at ATRAB (on satellite but also free). I have both but they are becoming more and more useless. I used to like the sports radio and music but now I can listen to the same things for free on the internet. I probably will bail on both at the end of the year.

Very good points. I wish I would have talked to you before this spring. My brother - n - law talked me into buying SIRI. He has gone down ever since. In fact, I also bought Revlon and it is down $2 since I bought it--ha ha.

[Pointg5]

Originally Posted by boldruler

The problem with satellite radio is that they are heavily dependent on sales to car manufacturers. Many people are buying cars with them, but realized they don't like pay a monthly fee of $12.95 for radio, which initially comes for free. The other huge problem they are facing is the internet. Almost everything on their stations can be found for free on the internet. Just look at ATRAB (on satellite but also free). I have both but they are becoming more and more useless. I used to like the sports radio and music but now I can listen to the same things for free on the internet. I probably will bail on both at the end of the year.

My wife had one of these installed in her car, she said she will not renew...