- cross-posted to:
- politics
- cross-posted to:
- politics
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Harris was widely seen as having performed better yesterday.
Hell of an understatement.
The kitties and duckies thought he put up a good fight
Neither of mine did!
Emily wanted to slap him
Charlotte was highly skeptical of his lies too
Tortoise are always the more reserved.
Depends on the situation:
When she hears the doorbell, Charlotte hides under a specific table, but within view so she can keep an eye on things. If someone stays for long enough without making too much noise, she’ll decide that they’re not a threat and come out to say hi, tail raised and purring. She’ll forget the next time, though, rather than remember that a specific person is safe 😄
Emily, on the other hand, is even MORE social than usual when there’s guests. Every visitor who likes cats adore her ❤️
When it’s just the three of us, though, Emily is still an absolute loving sweetheart, but Charlotte is the world’s foremost snugglebug! When I’m on the couch, she’ll often climb on my chest and flop down on her side to demand an hour of tummy scritches, doing her signature loud two-tone purr ❤️
Investors have instead treated the stock as a proxy for the market’s bet for a second Trump administration
Exactly.
That said, only an idiot would hold any at present. Guaranteed those shares will be worth less after the 20th than they are now.
I was really disappointed to see Vanguard listed as one of the biggest investors in Trump Media. https://finance.yahoo.com/news/blackrock-vanguard-big-purchasers-trump-231532778.html
I’d like to add a caveat here:
From CNN: You may now own a piece of Trump Media – and not even know it
“People might be owning some of that company, whether they know it or not — and whether they like it or not,” said Sam Stovall, chief investment strategist at CFRA Research.
That said, Trump Media would only be a small part of funds that track the Russell. It would be dwarfed by the holdings of larger companies including Microsoft, Nvidia and Apple.
However, Stovall said the Trump Media situation underscores one of the disadvantages of passive investing: Some funds mimic indexes that automatically add stocks based on rules, not based on a careful evaluation of the business’s fundamental strengths and weaknesses.
“You can end up with real dogs that, in my opinion, are not really worthwhile owning. The flotsam gets swept up with the jetsam,” Stovall said.
In this case, the Russell 3000 captures the 3,000 largest US stocks. During annual updates, certain stocks are added — not necessarily because of their earnings potential or the quality of their products, but because they are large enough to qualify.
“Investors seeking to capture a strategy reflecting broad US equities performance can confidently choose the Russell 3000 knowing there are no subjective inclusion or exclusions of stocks,” according to FTSE Russell’s website.
Vanguard and other index fund owners are not choosing to buy Trump Media necessarily. Anyone holding Russell index funds or ETFs is getting stuck with it due to pumping of the stock price. Anyone owning index funds other than special ESG funds is sponsoring a lot of people they may not approve of personally, hence the conservative backlash against them.
Don’t forget the money laundering
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Corporate investor John Barron, who spoke by phone with barrons.com shortly after the debat said the dip was perpetrated by “George Soros and his lefty stormtrooper carrots” who “Are missing out, bigly, on yuge market gains - just the best”.
Isn’t it weird that he named his son after the fake name he called the media with to praise himself? Which is weird to begin with. So double weird.
There was a paywall https://archive.is/ASgsY
Not low enough.
Still overvalued by many, many thousands of percents right now. Should be worth <$0.05, at best.
More like
-0.05
