Monday, June 22, 2020

Notes On A Monday Night -- June 22, 2020

Corona virus pressure? Dak Prescott signed. Regular readers know my thinking on this one. This is a one-two contract story, so it's not over yet. Prescott signed a $31.4 million contract "under the franchise tag." He must report to training camp, or risk being fined. He and the Cowboys are still working on a long-term contract. Links everywhere; here's one (paywall). Same story, no paywall.
As it stands now, Dak is guaranteed $31.4 million to play one year, 2020 - 2021. He and the Cowboys have until July 15, 2020, to sign a longer term contract. If they can't come to an agreement, we will go through this again in 2021.
So, when will the NFL begin playing before full stadiums? My hunch: the day after the November, 2020, general election.

MLB: sounds like no one cares. 

Prop 65: Bayer, Roundup, cancer -- Bayer wins ruling blocking warming in California. Completely unexpected. 

Did anyone else catch this, or did corona virus drown out the news: NASDAQ closed at a record high, no doubt propelled by the likes of AAPL. NASDAQ up 1.11% to 10,056.48. Link here.

***********************************
Warren Buffett

For background, see these posts:
Since that story was posted on June 8, 2020, this imaginary portfolio:
  • the four airline holdings mentioned increased from $2.7 billion to $2.942 billion, a 9% increase;
  • meanwhile, AAPL holdings in this imaginary portfolio increased from $2.7 billion to 3.845 billion, a 42% increase in value (between March 24, 2020, and June 22, 2020);
 And, of course, the real question: would you rather be holding the four airlines or AAPL stock in your portfolio today?

This spreadsheet is unlikely to make much sense to anyone. I am posting it for the archives. 

The Buffett hypothetical spreadsheet, airlines vs AAPL:


Airline
Shr Price: 3/31/2020
Dollars: 3/31/2020
Shares
Shr Price: June 22, 2020
Total: June 19, 2020

DAL
28.53
675,000,000
23,659,306
29.45
696,766,562

UAL
31.55
675,000,000
21,394,612
36.47
780,261,490

AAL
12.19
675,000,000
55,373,257
14.64
810,664,479

SWA (LUV)
35.61
675,000,000
18,955,350
34.54
654,717,776



2,700,000,000


2,942,410,306








AAPL
254.29
2,700,000,000
10,617,799
362.10
3,844,704,865













902,294,558




















2,942,410,306






30.67%







March 24, 2020

224

10,617,799

2,378,386,881
6/19/2020

362.10

10,617,799

3,844,704,865






1,466,317,983

******************************* 
All Caught Up

I'm calling it a night. Nights like these come only once in a blue moon, as they say. I am all caught up.

I have cleared my desk; everything is scanned, everything is thrown away or electronically filed. I no longer file hard copies but for some some very, very rare exceptions. Every bill has been paid, including bills that are in sealed envelopes but won't go out until July 1, 2020. I could pay all bills electronically but there are a few I like to pay the old-fashioned way.

There is nothing on television worth watching. I'm not interested in any of my DVDs. Our cars have all passed annual inspection and are registered for another year. Every member of the extended family is home or if not  home, where they want to be.

It's only 9:45 p.m. I don't go to bed until after midnight. Three hours of bliss. And how will I spend it?

Listening to Charlie Rich. I will start with Charlie Rich. From there, who knows where I will end up.

There Won't Be Anymore, Charlie Rich

4 comments:

  1. Have been a lifelong Baseball fan, but what is repulsive to me is the image of Millionaires arguing with billionaires over nickels and dimes.
    Both sides are doing their best to destroy the game

    ReplyDelete
    Replies
    1. ... at a time when many, many Americans are out of work ... and the light at the end of the tunnel seems a long, long way off.

      Delete
  2. rumor is , if MLB ever wakes UP, the players will assemble on the field and NASCAR will race inside the Park, that is Why the LA team is called the dodgers. All of the Institutions of the last century and the first 2 decades of this century are Dinosaurs. When NO one Defends History , NO one CARES.

    ReplyDelete

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