From The Bat Cave -- Season 1 Episode 1 -- November 23, 2023

Locator: 46146INV.

I don't know how this contributor ended up on my twitter feed, but I consider myself lucky he did. I've learned a bit about investing from him.

From today:

Two things Giuliano taught me today, as an investor, not a trader:

• investors don't understand P/Es; and,
• investors wait too long to pivot.

I live and breathe mom-and-pop retail investing, in which I mean I know nothing about bonds, nothing about inverted curves, nothing about short-selling, nothing about options, nothing about puts and calls. At the end of the day, all I know from the financial pages is the basic stuff -- market caps, P/Es, highs and lows. But I live and breathe mom-and-pop retail investing. I think about it 24/7. 

I think about -- and live and breathe -- only a handful of things, and pretty much in this order:

• the love of my life;
• music;
• reading;
• retail investing;
• my extended family.

A basic question I ask when investing: if I were 20 years old would I want to work at this company for the rest of my life, for this CEO, and, if the answer is "yes," would I be willing to invest 100% of my retirement funds into this company's 401(k) or equivalent? If the answer to both questions is "yes," then I will invest in that company. If the answer to either question is "no," I won't invest. That seems pretty simple. [Obviously that question -- actually two questions -- needs to be re-asked periodically, not less than annually.]

In all my years of investing, I've only been really, really disappointed in three or four decisions and in all cases, I failed to pay attention to the answer to that question (or actually two questions).

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From The Bat Cave

Thursday night, Thanksgiving. The Seattle Seahawks - 49ers game is a bust. Back to blogging and surfing YouTube. 

The story behind this song is fascinating; this new video makes the whole story even more poignant. 

Note the laptop late in the video.

Link here.

Holy mackerel, from where did this come??!! This is Radio Sky, The Chris Evans Breakfast Show -- the Brits -- specifically the English -- when it comes to music -- are brilliant -- and second to none.

Which led me to this:

I've "lived" this.  Very, very bittersweet. Long ago and far, far away.