Jump to content
View in the app

A better way to browse. Learn more.

Surly Horns

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Featured Replies

  • Replies 18.1k
  • Views 1.4m
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

  • Rusty Shackelford
    Rusty Shackelford

  • I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

Posted Images

fuel and transport might drop a bit next month.  and it should drag down some of the transport-based costs of other components.  but hot damn

25 minutes ago, Hefeweizen said:

Holy shit I think we just raised rates to clients in May by 15 percent and that may not be enough…

No shit. Brace yourselves for some serious backlash.

25 minutes ago, FirstTimeCaller said:

Lol.

-“Laughing” because it’s so absurd.  
-laughing at how many people have  gotten it so damn wrong for so long 

-Laughing at “transitory”

-laughing at Jimmyjazz’s “groceries aren’t more expensive” tirades.  
- mostly laughing at the pain 

1. At least we know this is the peak. 

2. At least we know this is the peak so far. 

I lol'd as well. What else can we do but shake our heads and laugh?

4 hours ago, Hefeweizen said:

Some men like to watch the world burn.

 

Holy shit I think we just raised rates to clients in May by 15 percent and that may not be enough…

We left our current clients alone, but new clients are paying 40% more than this time last year. And new clients aren't complaining, either. They expect it. 

6 hours ago, Trey3216 said:

-“Laughing” because it’s so absurd.  
-laughing at how many people have  gotten it so damn wrong for so long 

-Laughing at “transitory”

-laughing at Jimmyjazz’s “groceries aren’t more expensive” tirades.  
- mostly laughing at the pain 

Laugh because it is better than sobbing like a little bitch..

 

Fuck

JPM and MS both miss earnings badly.  Not looking good for today 

In an effort to be fully transparent the those who try to make some money on the RWIS (reverse wally investment strategy),

I have slowly started to see if my investing can influence one of the best run investment funds in the history of stock market investing. That is right Berkshire Hathaway in now in my crosshairs , I've started buying LEAP calls on BRK.B, the furthest traded date is currently January 19, 2024, both some $350 strikes (around $10) and a few $400 strikes ($3.50). This is a play on the recession ending by the 3Q 2023 and that my favorite nonagenarians find a good place for most of the estimated $100 billion they have in cash (it was $150 but Uncle Warren liked him some Oxy this year). 
FWIW - I picked the $350 strikes because that is below the 52 week (and all-time) high for BRK, but I'll pick some longer expiry dates once they open.
Right now I have just under 0.4% of my portfolio in the non-stonkiest of investments (which is why I'm posting here not there)

Ride the wave fellow surlyites, you know the drill....sell BRK, buy puts, sell me some of your covered calls.
Is there a 2xRWIS fund?

6 minutes ago, Wally Fairway said:

That is right Berkshire Hathaway in now in my crosshairs

Remain Calm All Is Well GIF

Wonky day on the rates / fixed income / bond market today. 
Treasury yield futures dropped as low as 5% (of %) …10Y futures dropped 20bps but starting to recover

3 hours ago, Cheeseweasel said:

Remain Calm All Is Well GIF

Heed my warnings - BRK.B down $4 since I revealed my investments

2 minutes ago, Wally Fairway said:

Heed my warnings - BRK.B down $4 since I revealed my investments

682c39bd-81ed-4a50-99c9-e9e8b4685973_tex

5 hours ago, Wally Fairway said:

In an effort to be fully transparent the those who try to make some money on the RWIS (reverse wally investment strategy),

I have slowly started to see if my investing can influence one of the best run investment funds in the history of stock market investing. That is right Berkshire Hathaway in now in my crosshairs , I've started buying LEAP calls on BRK.B, the furthest traded date is currently January 19, 2024, both some $350 strikes (around $10) and a few $400 strikes ($3.50). This is a play on the recession ending by the 3Q 2023 and that my favorite nonagenarians find a good place for most of the estimated $100 billion they have in cash (it was $150 but Uncle Warren liked him some Oxy this year). 
FWIW - I picked the $350 strikes because that is below the 52 week (and all-time) high for BRK, but I'll pick some longer expiry dates once they open.
Right now I have just under 0.4% of my portfolio in the non-stonkiest of investments (which is why I'm posting here not there)

Ride the wave fellow surlyites, you know the drill....sell BRK, buy puts, sell me some of your covered calls.
Is there a 2xRWIS fund?

You arrogant ass...

5 hours ago, Wally Fairway said:

In an effort to be fully transparent the those who try to make some money on the RWIS (reverse wally investment strategy),

I have slowly started to see if my investing can influence one of the best run investment funds in the history of stock market investing. That is right Berkshire Hathaway in now in my crosshairs , I've started buying LEAP calls on BRK.B, the furthest traded date is currently January 19, 2024, both some $350 strikes (around $10) and a few $400 strikes ($3.50). This is a play on the recession ending by the 3Q 2023 and that my favorite nonagenarians find a good place for most of the estimated $100 billion they have in cash (it was $150 but Uncle Warren liked him some Oxy this year). 
FWIW - I picked the $350 strikes because that is below the 52 week (and all-time) high for BRK, but I'll pick some longer expiry dates once they open.
Right now I have just under 0.4% of my portfolio in the non-stonkiest of investments (which is why I'm posting here not there)

Ride the wave fellow surlyites, you know the drill....sell BRK, buy puts, sell me some of your covered calls.
Is there a 2xRWIS fund?

How much is BRK down since this post?

1 hour ago, Wally Fairway said:

Heed my warnings - BRK.B down $4 since I revealed my investments

I guess I need to read the rest of the thread. 

poor bastard Wally gonna be sitting in the money coming down the home stretch only to have all that coke and McDonald’s stop the old bastards heart and tank the share price. 

5 minutes ago, Fudge Nuggets said:

I fully expect to soon see a headline that Warren Buffet and Charlie Munger both died.

I hope that it pushes the stock way down, so I could buy even more. 

On 7/26/2022 at 10:04 AM, Wally Fairway said:

I hope that it pushes the stock way down, so I could buy even more. 

So...

Screenshot_20220727-194328_Chrome.jpg

On 7/22/2022 at 8:58 AM, Wally Fairway said:

In an effort to be fully transparent the those who try to make some money on the RWIS (reverse wally investment strategy),

I have slowly started to see if my investing can influence one of the best run investment funds in the history of stock market investing. That is right Berkshire Hathaway in now in my crosshairs , I've started buying LEAP calls on BRK.B, the furthest traded date is currently January 19, 2024, both some $350 strikes (around $10) and a few $400 strikes ($3.50). This is a play on the recession ending by the 3Q 2023 and that my favorite nonagenarians find a good place for most of the estimated $100 billion they have in cash (it was $150 but Uncle Warren liked him some Oxy this year). 
FWIW - I picked the $350 strikes because that is below the 52 week (and all-time) high for BRK, but I'll pick some longer expiry dates once they open.
Right now I have just under 0.4% of my portfolio in the non-stonkiest of investments (which is why I'm posting here not there)

Ride the wave fellow surlyites, you know the drill....sell BRK, buy puts, sell me some of your covered calls.
Is there a 2xRWIS fund?

stock was $359 on 3/28/22 and will rise to that level by EOY imo, so a very good pick.  The $10 will easily double.   

The $350 strike 1/19/2024 was about $13 today, so did you buy on 7/14/22 when it was about $10?

Edited by Make em eat Taco Bell

2 hours ago, Parliament said:

So...

I'm long term holding SPY, not fucking around with those options right now. Bought puts for most of 2021 and made a few bucks, sold some calls this year sweated out the recent bounce but I'm a little ahead but I've quit playing with that fire

1 hour ago, Make em eat Taco Bell said:

stock was $359 on 3/28/22 and will rise to that level by EOY imo, so a very good pick.  The $10 will easily double.   

The $350 strike 1/19/2024 was about $13 today, so did you buy on 7/14/22 when it was about $10?

Yeah that my thinking is along the same lines, there isn't he Uncle Warren is buying signal that we have a bottom. But I think it, at least, gets back to the prior highs by this time next year; and that gives me a 6 month cushion. All that is based on no black swan nor does it take into account the risk of one or both of the old guys getting unable to work or even dead.
The upside is that they buy something and time it right, the market picks up and this thing rises to $400 and I can make some real money.

6 hours ago, Parliament said:

So...

Screenshot_20220727-194328_Chrome.jpg

In wally i trust

11 hours ago, Parliament said:

So...

Screenshot_20220727-194328_Chrome.jpg

Make sure you post today's chart for me, so I can see if I should be adding to my losses

1 hour ago, Cheeseweasel said:

Adam Driver Spin GIF by A24

Nice spin.

I knew a man JoeBangles and he'd dance for you, in worn out shoes.  

Amazon guidance expecting 15% yoy sales growth in current quarter.  RECESSION!!!  OH, THE HUMANITY!

10 minutes ago, Snake Diggity said:

Amazon guidance expecting 15% yoy sales growth in current quarter.  RECESSION!!!  OH, THE HUMANITY!

Need my cheap Chinese made shit, yo.

4 hours ago, Snake Diggity said:

Amazon guidance expecting 15% yoy sales growth in current quarter.  RECESSION!!!  OH, THE HUMANITY!

Unemployment number laugh at these recession promoters - if your want to press your point about GDP

Monty Python I Fart In Your General Direction GIF

5 hours ago, Snake Diggity said:

Amazon guidance expecting 15% yoy sales growth in current quarter.  RECESSION!!!  OH, THE HUMANITY!

Growth at the expense of small business. Yeah Penis Rockets!!!

rocket-launchgif.gif?rect=0%252C50%252C8

3 minutes ago, Cheeseweasel said:

Growth at the expense of small business. Yeah Penis Rockets!!!

You conveniently left off the to the benefit of consumers part. 

1 minute ago, TonyTexas said:

You conveniently left off the to the benefit of consumers part. 

As well as China.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.