Coronavirus and Stock Markets - Thoughts?

It’s an ass kicking today. Done a little shopping. 5% down today.

Shell hasn’t cut it’s dividend since world war 2

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Isn’t that £9.83 rather than 9.8p?

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The Fed ran out of toilet paper.

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Buffett bought Delta shares in $ 40s

Coming up later today - a G7 meeting:

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Toilet Rolls are the currency of the future. B Sh itcoin

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Worst case US markets go down 20% today. Closer to the 13% breaker than the 7% so looks different to last weeks breakers.

Pretty comfortable looking at entering around those levels.

Disappointing that the G20 isn’t being convened. This requires far greater coordination than the G7.

I got Silver stake in my :heart:
And look at RSE :poop:

Norway saying it like it is. :laughing:

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30 second read

https://www.madhedgefundtrader.com/hot-tips/

Philippines stock market gets shut down.

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until further notice :see_no_evil:

A post was merged into an existing topic: Removed March 2020

Now, now. No need for that…

Just pushed through the letterbox…sometimes people are just amazing.

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This article in the Financial Times scared the bejesus out of me:

End of Days ?

Wow reads really negative but hey, what does he know :man_shrugging:

It feels all about loss of confidence and throw in the towel while no one knows what’s going on

Sooner or later the problems of debt and easy money would have come into view and asset prices would have had to adjust. With or without a coronavirus. If it hadn’t been this it would have been something else. Valuations were too high relative to historical norms. Assuming that there is a new paradigm where no price is too high was dangerous for any of us to do. People misunderstood the DCA approach and regular investing to mean that gravity doesnt apply and we should buy at any price because Warren Buffet suggests buying the index whilst ignoring the same persons guidance on valuation, margin of safety and his cash pile.

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“Reduce social contacts… 12 weeks or longer.”

Not closing schools yet.

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