Re: Remember "Bit-Slice" Chips ?

On Sun, 22 Dec 2024, Charlie Gibbs wrote:

On 2024-12-22, D <nospam@example.net> wrote:
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On Sat, 21 Dec 2024, rbowman wrote:
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On Sat, 21 Dec 2024 12:17:41 +0100, D wrote:
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I'm following the career of Musk with great interest! I wonder if he
will be the first trillionaire? I also wonder if he will eventually burn
out or if something will happen to him since he's achieved so much in
such a short time.

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I'm not nominating Musk but I do believe the out of fashion Great Man
theory. With the mediocrity of the political class you get nothing but
mediocrity, or equity as they style in.

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Who do you think will be the first trillionaire?

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Musk, of course.  It won't take too many more of the 10% jumps in net
worth that billionares have been enjoying lately, and once Trump is
inaugurated we'll see enough more of those jumps to put Musk over the top.

Musk is not an improbable bet. I agree.

Whether things stay that way or collapse immediately thereafter remains
to be seen.  But he'll have at least touched the sky...

I think Trump & Co will try and engineer a financial feast for a couple of years now. The interest reates globally are going down, the positive effects have so far been few, which means more interest lowering on the way.
Add a loose monetary policy, tax decreases and increased government debt, and we have a nice booming economy ahead of us. The key, as always, is to know when to sell your shares, take a break, and enter again at the bottom.
The other option, which I have utilized all these years, is to hold fast, and just refrain from buying during the last couple of years of booms, and once things collapse, I usually start to buy in small increments.
This has worked well for me, since I don't need to worry about finding the moment to sell.