“Only when the tide goes out do you discover who’s been swimming naked.” - Warren Bu

[unclemick]

Over years (Jan 1993) of ER I have gone from looking at Mr Market every day to full auto 2006 and not looking as much. Ballpark 60/40 circa the 2008/2009 kerfuffle to more like 50/50 recently when I looked at the dip.

So does that count as having your swimming trunks on? Time before I stayed the course and did nothing.

heh heh heh - this time my hormones required buying some Total World Index and Berkshire B with mad money we didn't spend on travel given the virus. Need to revisit Mr B's admonition of 'enough'.

[Markola]

A long list of companies in trouble enough to have suspended or reduced dividends and/or stock buybacks. In fairness, many of these were not “swimming naked” before the virus hit but have instead suffered since.

https://www.barrons.com/articles/her...il-51585927172

[foxfirev5]

A high ranking acquaintance from a major corp just suffered a 50% pay cut. However I look at the corps stupid buybacks at sky high prices and somehow feel no sympathy. In effect there was no pay cut given the bonuses already given. Fact.