Well written and thought provoking article. The market is changing faster than it used to. Just like a lot of other things good and bad. You are correct that adaptation is key. On a separate note, I wonder how AI will impact things including swing trading. I expect it will make dinosaurs out of a lot of people's strategies including some I use now. Happy Turkey Day! I look forward to reading your posts in 2025.
Ackman's Pershing Square trades under PSH in Amsterdam and as PSH (AEB) at huge discount to NAV. He announced he is moving from exchange because of antisemitism in Netherlands creating an even bigger discount. He will be buying stock over time or tendering to close discount. It is hard to find a better investment for his cash given the high valuations in stock market. Hugely accretive.
Well written and thought provoking article. The market is changing faster than it used to. Just like a lot of other things good and bad. You are correct that adaptation is key. On a separate note, I wonder how AI will impact things including swing trading. I expect it will make dinosaurs out of a lot of people's strategies including some I use now. Happy Turkey Day! I look forward to reading your posts in 2025.
Ackman's Pershing Square trades under PSH in Amsterdam and as PSH (AEB) at huge discount to NAV. He announced he is moving from exchange because of antisemitism in Netherlands creating an even bigger discount. He will be buying stock over time or tendering to close discount. It is hard to find a better investment for his cash given the high valuations in stock market. Hugely accretive.