Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (10877)	2/2/2021 11:37:16 PM
From: Kirk ©	Respond to of 26800

WOW, you've been busy! I think I hit record highs for my total portfolio, cash position AND my equity position so we've both been taking profits while keeping plenty in to enjoy if it continues. I may also be at or near a record high with my "tiny" PM position... funny how when portfolio's grow that "tiny" can be some decent coinage. Getting older is tough. I started windsurfing at age 31 (after I quit drinking) when 25 year old Robby Naish was a world champ and soon had his own brand. Now he sponsors the next generation and keeps innovation with kites, foils and now the wings... He's only 57 now and in this video he's talking about getting old between action shots. But... watch the "little waves" he rode with a 400cm mast (I figure these were 3 and 4 mast high waves) or about 50 ft... while the biggest wave of the day I've seen measured and recorded for that day was 62 feet... then the cruising downwind back to the harbor on a Wing Ding.... fun to listen to him talk about the day at the end. Welcome back! I look forward to pictures of your projects.

To: robert b furman who wrote (10877)	2/3/2021 2:00:33 AM
From: Lee Lichterman III	2 Recommendations Recommended By berniel Kirk © Read Replies (1) \| Respond to of 26800

I also have T and KMI along with some other telecom and midstreams. I've been giving them a lot of thought and I have come to some likely events to watch. In telecom, I think we are going to see a lot of debt as 5G rolls out. More towers will be needed since effective distance of transmission is shorter. Also I fear there are going to be price wars since there are a lot of "baby bells" emerging again. I fear there may be some short/midterm pain ahead. That said, I think longer term, the telecoms that survive without too much debt are going to gain a huge piece of the net. If 5G turns out to be all they say, I don't know why anyone would want to be tied down at home to cable/DSL internet when 5G mobile will be just as fast and able to be used anywhere you happen to be. I have trimmed about half my T because I was overweight and didn't like the chart so I bailed half in the 30s but still have a sizable position. As for midstreams, kind of the same. Short/midterm, Nat Gas demand is down, LNG hasn't grown as much as the bulls thought. Rig counts are down and as green energy is pushed forward, even though I think Nat Gas is going to be around for a long time as a cheap semi-clean energy source and backup power requirement when the wind dies or cloudy days, I don't see huge growth ahead. I just see it staying about flat. That said, I do think midstream can be repurposed and/or expanded for hydrogen and water needs in the future. I guess I might just be thinking aloud,I don't know. I saw your post and it reminded me of a bunch of other posts I've been reading. I too like steady dividends as long as the stocks don't fall below yield. I was just looking at the SPX high yield ETF and was noticing how much it has lagged the SPY. Growth sure seems to still be en vogue.