The world’s 400 richest people lost $127.4 billion Friday as global equity markets reeled from the news that British voters elected to leave the European Union. The billionaires lost 3.2 percent of their total net worth, bringing the combined sum to $3.9 trillion, according to the Bloomberg Billionaires Index.
And you thought you had a Bad Day
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Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#1And you thought you had a Bad DayTags: None -
unusialsusp5SBR MVP
- 04-18-10
- 4199
#2not a one of them will miss it. still plenty left that they will never spend.Comment -
King MayanSBR Posting Legend
- 09-22-10
- 21330
#3
Sammy always thinking about the rich man
Sammy i bet you were a major brown noser when you worked
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jjgoldSBR Aristocracy
- 07-20-05
- 388208
#4Seems to go up and down now
Hold long enough it comes backComment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#5Mayan , hope you and family are well
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Mac4LyfeSBR Aristocracy
- 01-04-09
- 48806
#6Next week will be a blood bath...
Wait until the middle of the week to buy some companies that are undervalued. Oil will be $70 by next February.Comment -
blackHIPPYSBR MVP
- 10-01-14
- 3998
#7what companies do i invest inOriginally posted by Mac4LyfeNext week will be a blood bath...
Wait until the middle of the week to buy some companies that are undervalued. Oil will be $70 by next February.Comment -
ChalkyDogSBR Hall of Famer
- 10-02-11
- 9598
#8Sammy, I haven't been on this site in a while. However, I just got wrecked in the market, and it made me think of this place. I was thinking of making a thread for commiseration, but instead this one will have to do.
One day of this fukkery, and I've lost enough to piss me off. The market's are likely to continue free-fall on Monday, unless some drastic votes of confidence come in from international banks. Now sure, if I stick to my long term plan and that money will be back "eventually" - at least in theory according to my fidelity asshat.
We can shit out of our mouths for days on political ideological rhetoric. However, this right-wing populism isn't fukkin' with my food in some theoretical sense. Trump, Cruz the whole Brexit crowd and the rest of you scared ass mother-fukkers need to sit back and let the adults handle this shit.
Marble mouthed, knuckle-draggin', mouth breathing, mental midgets trying to relive days of glory that never existed. Bag-O-dikks. The lot of them.Comment -
Nick PapageorgioSBR MVP
- 01-07-12
- 2396
#9Sammy it doesn't mean shhit. They will never be flat broke, just spent my last 2.05 on a lighter. The real struggle.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#10They harbor much money Sammy
Most it just dents them a littleComment -
flyingilliniSBR Aristocracy
- 12-06-06
- 41222
#11I took a beating , not good.המוסד
המוסד למודיעין ולתפקידים מיוחדים
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pavyracerSBR Aristocracy
- 04-12-07
- 82667
#12The ones who will be undervalued. It's like asking which bets should I make. The winning ones.Originally posted by blackHIPPYwhat companies do i invest inComment -
blackbartSBR MVP
- 12-04-07
- 3844
#13where did the $127.4 billion go?
and how do i get some of it?Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82667
#14Nowhere. The market is up 200% since Obama became president. A 3% drop is change in the bucket.Originally posted by blackbartwhere did the $127.4 billion go?
and how do i get some of it?Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#15No time to buy
Markets been dead last 3 yearsComment -
jose21_usSBR MVP
- 05-24-10
- 3844
#16My 401k dropped almost 4k...Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48806
#17I invest in good companies and short bad companies. When Blockbuster video first went into business, I would rent all my videos from them so I bought the stock because the stores were always busy. Years later they charged me a late fee on a rental that I knew I returned on time. I talked to a supervisor, store manager and even called corporate over $2.12. It wasn't the amount but the principle. I never went back into another BB again. I started fading them at that point and I made a killing. Same for Radio Shack, Sears, Sprint, etc. Open your eyes, where are people buying, where are they selling. Buy good stocks when they are low. Sell stocks when they're high. Don't fall in love with any.Originally posted by blackHIPPYwhat companies do i invest in
Most people, me including are positive bettors. We like to buy more than sell. You can make just as much money betting the "don't pass".Comment -
sweethookSBR Posting Legend
- 11-21-07
- 12667
#18shrimp is going up 8- 10 % over nightComment -
Ghenghis KahnSBR Posting Legend
- 01-02-12
- 19736
#19Don't invest in stocks. If you have extra cash, invest in gold, silver, and bitcoin. You can thank me later.Originally posted by blackHIPPYwhat companies do i invest inComment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#20some good info , menComment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36993
#21mac made a big mistake couple months ago. sold ete at mid 7's now shit is 14. Do i chase or not. Mro and aa took a beating.Originally posted by Mac4LyfeI invest in good companies and short bad companies. When Blockbuster video first went into business, I would rent all my videos from them so I bought the stock because the stores were always busy. Years later they charged me a late fee on a rental that I knew I returned on time. I talked to a supervisor, store manager and even called corporate over $2.12. It wasn't the amount but the principle. I never went back into another BB again. I started fading them at that point and I made a killing. Same for Radio Shack, Sears, Sprint, etc. Open your eyes, where are people buying, where are they selling. Buy good stocks when they are low. Sell stocks when they're high. Don't fall in love with any.
Most people, me including are positive bettors. We like to buy more than sell. You can make just as much money betting the "don't pass".Comment -
captrobeyBARRELED IN @ SBR!
- 09-02-10
- 34395
#22I lost more then them on online BJComment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36993
#23Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.Comment -
VeggieDogSBR Hall of Famer
- 02-21-09
- 7206
#24So that means you still have 01 left.Originally posted by jose21_usMy 401k dropped almost 4k...Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82667
#25They also fail to mention that the market lost what had gained in the previous 3 days accumulated. So if you bought on Monday you were even on Friday.Originally posted by chico2663Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.Comment -
BuckyOneSBR MVP- 01-02-15
- 2739
#26Good point and when playing sports offshore it is not won until you put the money in your pocket!Originally posted by chico2663Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48806
#27I would not chase right now. Wait a few weeks then gradually build a position. I like ETE, along with companies like Rds.a and Repyy to do well, especially after the election. I really love FMC as a position to add over the next few months as well. Oil is going to go up pretty sharply at the end of the year. I like Orly and Musa as great long term US holds because people spend money on cars like kids. I like Amazon because I use them all the damn time. I like Hard Drive companies as theyve been battered to all bloody hel the last year or so. They will eventually pick back up. MU, WDC and Stx are all good to add after the dust settles in a few weeks. For the time being pick US stocks and wait for Euro stocks that have been bloodied.Originally posted by chico2663mac made a big mistake couple months ago. sold ete at mid 7's now shit is 14. Do i chase or not. Mro and aa took a beating.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#28Sammy next week we start freshComment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#29Originally posted by jjgoldSammy next week we start fresh
Sammy buried most of his silver coins todayComment
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