Talk of The Villages Florida - View Single Post - If you loved Disney at $197 in 08/21, you must really love it today @ $82
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Old 08-25-2023, 08:23 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Quote:
Originally Posted by Stu from NYC View Post
If they did would not have gone down this road.
perfect display of the failure of identity politics. ..

I bought it for the earnings pop and sold it right after the pop. .
buying and selling stocks for profit can be a politically agnostic experience, however, spending hard earned money is a different issue. .

The economy and businesses are cyclical, Disney will be a buy eventually along with alot of other stocks for making money. .

the obvious answer to the question: "which is harder: growing a business profitability for 40 years? or screwing up the growth with a few greedy or dumb decisions?"

which is why one doesn't buy and hold blindly forever, ergo selling and paying capital gains is the byproduct of successful investing. . and successful investing is not losing all the gains made over time. . . and why is prefer shorting dumb decisions and fomo than buying and holding.