No, just kidding—I didn’t smell a thing 🤗
and neither did Charlie Munger. He actually believed that no one on the stock market knows what’s going to happen—including him and Warren Buffett…
but maybe Trump? 🤪
We have a stock market that some people treat like a casino. And it’s full of people who think they know what’s going to happen, even though they have absolutely no idea - Charlie Munger
But one thing I do know… I bought Accenture at a dividend yield of over 5.4% .
If $ACN (-1,79 %) the dividends in the future are are not cut in the future, then at least I can pretend I knew it all along 😄
A month ago, I wrote about my start at Accenture and asked if the falling knife would cut my hands...
Short answer:
not not yet.
Of course, that could change at any time, because a falling price is no guarantee that it will rise in the future.
Since I the term “AI” on the stock market to be nothing but hot air and prices tend to get inflated as soon as the word appears in any headlines , I simply do the opposite of what the herd is doing...
Don’t get mad at me, but in in my opinion , there’s no reason to rate a company like Accenture so low...
But yeah, that’s just the stock market
And as André Kostolany used to say:
When the market hits rock bottom, the hard-nosed investors hold the stocks and the nervous ones hold the cash. At the peak of the boom, the hard-nosed investors hold the cash and the nervous ones hold the stocks
With that in mind, I’d like to reiterate that I know nothing except what I’ve read or seen.
ACN is paying dividends today
What do you think about $ACN (-1,79 %) ?
