Dear Stockpickers out there!
Let’s suppose I’m tired of my gambling with options and I want to put the corresponding $60,000 in one large US stock that pays little to no dividends and will hold relatively well when the tech/AI bubble finally pops. A stock I don’t have to monitor constantly because I intend to hold it forever and that is not crazily overvalued today.
Which stock would you buy right now?
Spoiler: ChatGPT suggested GOOG or BRK.B
Thanks for your suggestions!
Larix
If there are any “lifetime” bets - mine is with BRK.B.
(But I’m definitely not worthy of a “stockpicker” moniker)
Depends on lifetime of who…
I would at least do minimal yearly checks. Even the oldest company (I think some construction company in Japan) went bankrupt after hundreds of years. Times-they-are-a-changing. Change is the only permanent thing!
I like to hold for very long periods, decades. But when the risks rise I sell, even if my heart bleeds. Motto: hold as long as possible… but not longer.
I’d go with BRK. Though when the AI bubble pops, I think everything will go down.
BRK.B is my own lifetime pick, too. If I’d pick a handful of US stocks it’d be J&J + MSFT (both are the only US companies with AAA credit rating), and BRK.B, but you don’t want divvies so maybe BRK.B?
I wouldn’t lump sum (but we’ve discussed this elsewhere on this forum) just for psychological reasons. Same for distributing $60k into several companies instead of just one.
Can’t really help with the “little to no dividends” requirement as I am on the opposite end of the spectrum, but gun to my head:
Many financials …
This.
$ AMZN
$$ AMP
$$$ BRK.B
$$$$ FI
$$$$$ GOOG
$$$$$$ MCK
$$$$$$$ PRI
$$$$$$$$ RJF
$$$$$$$$$ SNA
Hey, thanks so much for the detailed answer. Much appreciated!
Just got myself a bit of exercise: PTON
It’s much lower than before the COVID bull run started. Bombed out. Now there are more users than before, new products in the pipline and cost reduction done. No reason why it cannot rise a bit.
Sold off the rest of BTU today after it went up another 7% also sold off HCC. Kept AMR.
I like coal as an unloved sector, but find it hard to stomach these multiples.
There’s a coal story for you: GCM Resources PLC. Bangladesh is considering energy autarchy. Instead of buying coal from India, they could develop their own mine. Interim government with Nobel laureate Mohammed Yunnus can’t take decisions, hence everyone is waiting for elections in early 2026. Could become a 5-to-10-bagger.
Thanks. That’s perhaps a little too speculative for my tastes! 
And in other news, I own 3 gold miners, guess which one I don’t own
Wow, all of them are up at least 100% in 2 years. Nice investment!
Taste is singular. Or you mistyped an A for an E? It would make sense..
Are you a native English speaker?
Taste has a singular and plural form which have subtly different usages.
I just wanted to introduce my “joke”.. But anyway tastes as verb is clear but I didn’t know that english had this smal difference.
I hope the joke was at least clear
tastes > testes > balls > courage
A week of missed opportunities. I looked at buying more PFE, MRK and NVO. I held off on PFE as there was already a buy order in 22.xx range. Mistake as buying in 24.xx range was a 16%+ return.
NVO I looked at yesterday and hoped for a lower price today which didn’t materialize.
On the plus side, I did buy MRK which is surprising as it is the least favourite of the three.
I. Other brews, dead money AES up 15% on potential take private transaction.
And of course it goes up another 8% after I sell…
Sorry to repeat myself: Money and position management should be automated. Always! There is too much danger in a case-to-case decision system. You always end up in the slower queue…
Money and position management tells you how much to buy, how much to add, how much to sell and most important… when to sell.
