Lam Research, my old company, was up $59. Range $675 - $715. Prev Close $642. Closed $702, up 9.2%.
Tech for the win! AI baby! Golden handcuffs...
Tech for the win! AI baby! Golden handcuffs...
Last edited:
*Investors Blog*
- Thread starter Warstud
- Start date
Thanks Dave. Sometimes in the happenstance of life you end up in the right place at the right time for you. If it were another company, I might have been a good business programmer, but Novellus (acquired by Lam) gave me an opportunity. It was a good fit for me and apparantly for the company. I got to work with many brilliant people; not to mention I was rewarded with stock.Good to see you were rewarded very well for all your hard work.
Funny thing; it was not hard work. After doing tree work, being homeless, drunk and going nowhere, playing with computers in an air conditioned office with free coffee and lotsa other pretty things was not a problem. I am one of the lucky ones.
I know a lotta smart people. Smart is a gift, but it doesn't get the job done. End-of-your-rope desperation works wonders. Don't ask me how I know...
But I was definitely lucky to get hired at Novellus and they asked me to help with a deep money pit, dead end, corporate forecast project.
As I said. Smart.
Now definitely the scale is leaning toward treasuries over CD's.
~5.4% v. 5.1%
~5.4% v. 5.1%
They were excited about the jobs reports until they actually read them. Very weak numbers and will be revised next month.
I am considering buying a 10 year note. Someone walk me back off the ledge.
My logic would be as a hedge. With the yield over 4%, if we have a hard landing and the fed eases, my bond goes up and I sell. If we have a soft landing the fed will eventually ease and my bond goes up that way also. I only really get hurt if inflation persists - but inflation is historically bad for stocks and bonds - the only thing that did well in the 70's were hard assets.
What could possibly go wrong? / sarc.
My logic would be as a hedge. With the yield over 4%, if we have a hard landing and the fed eases, my bond goes up and I sell. If we have a soft landing the fed will eventually ease and my bond goes up that way also. I only really get hurt if inflation persists - but inflation is historically bad for stocks and bonds - the only thing that did well in the 70's were hard assets.
What could possibly go wrong? / sarc.
I was thinking like 5%, but now I am thinking I will not do it. The upside at most is like 20% - which would mean the 10 year goes to 2% which is unlikely If the 10 year goes to 10% Ioose like half. What are the odd you ask - that's a good question.
I have talked myself out of it.
I get a similar itch but not so long term. Just build out a 3-6-9-12 month ladder
I have a 52 week ladder. Thats money I will likely want in the next 3 to 5 years. Different money, different needs. The yield really drops off after 52 weeks however.
