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" the winner - probably a Kenyan, if memory serves - " Yes, prevailing wisdom back then was that Americans were too fat, too lazy.
Looks like USA middle distance running is back.
"In unprecedented fashion, American Cole Hocker of Oregon upset Tuesday's men's 1500-meter final with a blistering 3:27.65 time, taking gold in the event. And yet another surprise, American Yared Nuguse took home the event's bronze medal, solidifying two American medalists from the 1500-meter run.2 hours ago
Olympic record.
https://www.npr.org/2024/08/06/nx-s1-5065801/american-cole-hocker-1500m-gold-olympic-record
Ok, cut the sports & stock crap and tell us about losing your virginity while hitchhiking.
That NFL QB is 6' 5'' beefy and fast. Perhaps retired by now. Odd thing was he wasn't that spectacular in HS (often hurt).
In 9th grade he thought about being a QB on the HS football team. I knew nothing about football and he knew little. I broke two fingers playing football catch with him. He gave up when he was handed the thick HS playbook of plays to learn. I was always willing to help him.
BTW another kid on his HS team is an NFL QB making millions mostly while sitting on a bench
CPA kid actually reads books. Mostly history. So he's starting off like Buffett. He's now dripping with cash thanks to quality stocks and flipping a house a few years ago. They had to sell their home right at the RE market peak when his wife was offered a prestigious position 1,000 miles away. Then a fellowship.
By then, many of his 30-ish pals were playing meme junk, chasing fads and getting killed by bad stocks.
"The more you trade the more you lose." I don't know that Buffett ever said exactly that. Probably Munger did, and several academic research papers reached that conclusion.
So proud of CPA son. He just texted that he added to his index funds, and he even threw in a Buffett quote.
"Born to Raise Hell." Miss Shell has one just like it
That tattoo got Richard Speck caught
https://en.wikipedia.org/wiki/Richard_Speck
"I don't see them anymore...and haven't in quite some time." You mean, hitchhikers?
---
Technically I did it a few years ago. Got a flat tire and poked out my thumb on a nice street. Got a ride almost instantly. Looking pathetic (but clean cut) helps
I covered up my "born to raise hell" tattoo.
I see hitchhiking is illegal in a few states but not most.
" I sometimes hitchhiked," Hey I did too. Hitchhiked occasionally from college to a job downtown. Survived. I tell my kids about it. Does anyone hitchhike anymore?
It's a little like stories my uncle told of hopping freight trains across country during the depression. He was actually a hobo for a time around age 18. Worked odd jobs for a sandwich or such. .
"It's amazing, really, that we survived." yes, so many times it could have gone bad.
My son was a HS/JUCO/college pitcher. Only about 4 baseball players at all levels are killed a year. At one time I was a sorta expert on baseball deaths. Only one major leaguer has died in a game (he was hit in the head by a pitched ball in 1920). The bigger risk for kids is being killed by a drunk mom or dad rushing to or from the park. Being struck by a batted or thrown ball in the heart area can be lethal. But very rare amid the millions of players.
https://en.wikipedia.org/wiki/Ray_Chapman#:~:text=Chapman%20was%20hit%20in%20the,during%20a%20major%20league%20game.
I never wanted my kids to get into cycling. It's very dangerous and without meaningful protection. Faulkner's group had a bad spill right after her race started. More than a few die in bicycle races every year, especially during miles and miles of road training before races.
Did love the views of Paris.
Olympic champion Faulkner has a rubbish stock connection. Her professional team is EF–Oatly–Cannondale, with Oatly having gone public. I looked at the IPO and thought it was junk, and it was.
"In June 2024, the team announced that the Swedish food company Oatly would become a sponsor and changed its name to EF-Oatly-Cannondale.[5]"
That was when Oat milk was a rage amid briefly trendy food stocks. OTLY now trades at 93 cents down from about $20!
https://en.wikipedia.org/wiki/EF%E2%80%93Oatly%E2%80%93Cannondale
Amazing. US women get gold in cycling road race!
Interesting. I watched a good part of that video.
I first received BA as a spinoff from Rockwell International around 2000. My eldest son is a Boeing engineer.
What "they" say is frequent trading correlates with portfolio UNDER-performance. That's one of the many reasons sleepy index funds do so well.
"Clear as mud?" Then get pizzed at the Seattle Times who published that.
You sure have lots of investing problems. You are your own worst enemy which will never change.
BTW "New Boeing" will be HQ'd again in Seattle.
How much will Boeing's new CEO make?
"According to a financial filing Wednesday, for the remainder of 2024 from Aug. 8, Ortberg will get a cash payment of $1.25 million in December, plus stock awards valued at $16 million in two sets, one vesting in installments over three years, the other over four years.
"In 2025, in his first full year as CEO, Ortberg will get an annual base salary of $1.5 million; an annual bonus target of $3 million, with the actual payout based on company performance; and an incentive award target of $17.5 million in stock, vesting over three years, again with the actual payout based on company performance."
One local company was snagged by the IRS for ringing up HUNDREDs of thousands of dollars at local strip clubs. IRS found such expenses as being outside the definition of "Ordinary and Necessary." Shareholders weren't happy either.
"Concealing his and his fiancée’s extensive use of company credit cards to pay for personal expenses." Criminal genius. LOL. Probably where every auditor starts checking.
New CEO links several of my blue chips, Raytheon, United Technologies and my beloved Rockwell Collins. Also Rockwell Automation There's even a one-time link to Boeing from about 20 years ago. Very incestuous.
New BA CEO, Ortberg, is from Dubuque, Iowa
https://engineering.uiowa.edu/alumni/awards/honor-wall/distinguished-engineering-alumni-academy-members/kelly-ortberg
Sad: "BA's only profitable business now is fixing_Boeing_planes"
"The company's services division is the only one that a reported a profit this quarter"
https://qz.com/boeing-earnings-loss-services-profitable-new-ceo-1851609836#:~:text=For%20the%20quarter%2C%20it%20reported,supplies%20spare%20parts%20was%20profitable.
"Boeing announced Robert “Kelly” Ortberg, former CEO of supplier Rockwell Collins -- a long held Bar1080 stock --, will be its new CEO, effective August 8, replacing retiring Boeing CEO Dave Calhoun, who has been under fire for the company’s problems."
"Ortberg, 64, brings over 35 years of aerospace leadership to this position. He began his career in 1983 as an engineer at Texas Instruments, and then joined Rockwell Collins in 1987 as a program manager and held increasingly important leadership positions at the company prior to becoming its president and CEO in 2013. After five years leading Rockwell Collins, he steered the company's integration with United Technologies and RTX until his retirement from RTX in 2021. He has held a number of important leadership posts in industry, including serving on the Board of Directors of RTX. Additionally, he serves on the Board of Directors of Aptiv PLC, a global technology company and an industry leader in vehicle systems architecture. He is the former Chair of the Aerospace Industries Association (AIA) Board of Governors."
"Ortberg holds a bachelor's degree in mechanical engineering from the University of Iowa."
https://investors.boeing.com/investors/news/press-release-details/2024/Boeing-Board-Names-Kelly-Ortberg-President-and-CEO/default.aspx
Boeing names Ortberg to replace Calhoun as BA CEO
https://www.bloomberg.com/news/articles/2024-07-31/boeing-names-kelly-ortberg-ceo-to-succeed-dave-calhoun
I'm still holding. But not happy.
"3M Jumps Most in 36 Years as New CEO Boosts Profit Forecast"
(Bloomberg) -- 3M Co. soared the most in more than 36 years after raising its full-year profit forecast as its new chief executive officer vowed to reinvigorate the iconic manufacturer’s innovation engine.
The shares jumped as much as 16% as of 9:36 a.m. in New York, the most since 1987. The gains came after the maker of Post-it notes and industrial adhesives said adjusted earnings this year would be between $7.00 to $7.30 per share as it reported second-quarter results. That boosted the midpoint of 3M’s forecast to $7.15, up a dime from its previous outlook.
The results are the first under CEO Bill Brown, who succeeded Mike Roman on May 1. Brown inherited a much smaller company following the spinoff of 3M’s huge health-care products division unit amid massive legal liabilities.
Brown kicked off his first earnings call by stressing the need to accelerate 3M’s sales growth. To get there, he wants to increase the pace of new product development."
https://finance.yahoo.com/news/3m-boosts-profit-forecast-ceo-105728844.html
"3M Jumps Most in 36 Years as New CEO Boosts Profit Forecast"
(Bloomberg) -- 3M Co. soared the most in more than 36 years after raising its full-year profit forecast as its new chief executive officer vowed to reinvigorate the iconic manufacturer’s innovation engine.
The shares jumped as much as 16% as of 9:36 a.m. in New York, the most since 1987. The gains came after the maker of Post-it notes and industrial adhesives said adjusted earnings this year would be between $7.00 to $7.30 per share as it reported second-quarter results. That boosted the midpoint of 3M’s forecast to $7.15, up a dime from its previous outlook.
The results are the first under CEO Bill Brown, who succeeded Mike Roman on May 1. Brown inherited a much smaller company following the spinoff of 3M’s huge health-care products division unit amid massive legal liabilities.
Brown kicked off his first earnings call by stressing the need to accelerate 3M’s sales growth. To get there, he wants to increase the pace of new product development.
https://finance.yahoo.com/news/3m-boosts-profit-forecast-ceo-105728844.html
Wow, Dow soars over 750 points
"US stocks rose during afternoon trading Friday and were poised for a comeback as investors embraced new pricing data that showed inflation continuing to ease, solidifying expectations for coming interest-rate cuts.
The Dow Jones Industrial Average (^DJI) added 1.7%, or more than 600 points. The S&P 500 (^GSPC) rose about 1.2%, while the Nasdaq Composite (^IXIC), put on 1.1, although both indexes headed for weekly losses."
https://finance.yahoo.com/news/stock-market-news-today-dow-rises-600-points-after-key-fed-watched-inflation-data-133055434.html
Plain ole stock manipulation. "If convicted, Left would face a statutory maximum sentence of 25 years in federal prison for the securities fraud scheme count, up to 20 years in federal prison for each count of securities fraud, and up to five years in federal prison for the false statements count."
"Analyst Indicted for Alleged Scheme to Manipulate Stock Market via Media Campaigns Then Trading Contrary to His Public Positions"
Classic
https://www.justice.gov/usao-cdca/pr/analyst-indicted-alleged-scheme-manipulate-stock-market-media-campaigns-then-trading
And that includes the QQQ I bought them around 2010... about a 12 bagger currently.
"Neither of my sons has ever sold a stock. Some held since their births."
Neither of my sons has ever sold a stock. Some held since their births. Mostly tax advantaged index funds..
Harvard Law grad Munger hated trading stocks. Even more than Buffett did. You want to die with tons of capital gains.
"The More You Trade, The More You Lose" © Bar1080 .Check the tax code
You bet
"Now that is interesting".
"If convicted, Left would face a statutory maximum sentence of 25 years in federal prison for the securities fraud scheme count, up to 20 years in federal prison for each count of securities fraud, and up to five years in federal prison for the false statements count.
The FBI and the United States Postal Inspection Service are investigating this matter