InvestorsHub Logo
Followers 249
Posts 112275
Boards Moderated 15
Alias Born 08/30/2001

Re: gfp927z post# 238

Friday, 02/02/2024 10:44:18 AM

Friday, February 02, 2024 10:44:18 AM

Post# of 384
Didn't realize BRK owned STNE chunk. I bought it about 5 months ago and am up 45%. The guys who started the company are from Brazil, so it's not like they went to the Caymans to avoid taxes. Grand Cayman is quite the thriving island when they aren't getting hit by hurricanes. Interestingly, you must have an income of $36k (well that was the number when I was there), to live there, so unlike Jamaica, the economy does well....and no taxes. But I digress.
I bought GNRC because I have noted here that with all the electric cars, we are having many more blackouts and it will get worse....at least in the better neighborhoods. Interestingly, for some reason I've noticed the cities almost secretly trying to upgrade the electricity in areas, as they were never built with electric cars in mind. The Infrastructure Bill isn't just a nice thing for the government, it is a necessity. Find more infrastructure stocks!
I bought HSY, HRL, and AA during Covid.( a buddy of mine who is the CEO of a large grocery chain mentioned it to me)...and forgot to sell HSY and HRL. They had big runs....and falls.
Some stocks I hold forever, but I still trade...which is the only reason I waste my time on IHUB looking for smart and real investors vs the penny stock mullets that grace most of the boards here.
Years ago, I had found a great stock picker....so I paid for his membership here so he wouldn't leave. He got into too many fights on the boards though and got booted. That has probably cost me a great deal. The guy was very good.

BTW, I won't buy any BRK now, because I'm convinced if I do, it will kill Warren. So for his good health I stay away.

Just my opinion, of course.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.