$SBUX is cutting 1,100 corporate employees to improve efficiency. Is now a good time to buy? youtu.be/X4JeXthPLYA - ThreadSky

carlosmcwhortercpa.bsky.social • 7 days ago

$SBUX is cutting 1,100 corporate employees to improve efficiency.

Is now a good time to buy?

https://youtu.be/X4JeXthPLYA

Comments

simplefinance.bsky.social•6 days ago

No offense, I think you’re awesome, but individual stock picking and prognostication is simply gambling. Buying continuously and steadily well-diversified stock and bond index funds is the proven success strategy

carlosmcwhortercpa.bsky.social•6 days ago

I respect your opinion, but I simply disagree. Warren Buffett, Peter Lynch, Joel Greenblatt, and Monish Prabrai are not gamblers. Studying businesses with a process of developing reasonable assumptions isn't "betting on black" in a casino. It isn't for everyone, agreed.

simplefinance.bsky.social•6 days ago

Agreed. But these guys are unicorns. For the 99% of us, as well as approximately 90% of PROFESSIONAL mutual fund managers, stock picking will fail to meet the market, much less beat it.

carlosmcwhortercpa.bsky.social•6 days ago

Especially since many of them admit to copying each other. I always say indexing should be your start and always your foundation to your portfolio. Nothing wrong with investing in individual stocks.

simplefinance.bsky.social•6 days ago

Exactly. Indexing should most definitely be the foundation of your retirement and portfolio, which is precisely why a typical 401k and 529 is in a perfect diversification of passively-managed stocks and bonds on a glide path

carlosmcwhortercpa.bsky.social•6 days ago

I wouldn't compare my style to mutual fund managers. They're more focused on assets under management for higher fees rather than rational, disciplined investing. These "unicorns" actually have a simple approach to investing. That's really why they're special. Nothing they do can't be adopted.

simplefinance.bsky.social•6 days ago

https://www.fool.com/investing/2025/01/19/you-can-outperform-nearly-92-of-professional-fund/

carlosmcwhortercpa.bsky.social•6 days ago

Like I said. Not a good reference. They ABSOLUTELY believe in stock picking.

carlosmcwhortercpa.bsky.social•6 days ago

Don't need an article. I know the stats. Plus, Motley Fool is always promoting their ability to pick stocks and charge people for their picks. Definitely not the best source to pull from on this debate. 🤣

simplefinance.bsky.social•6 days ago

The stats are clear, and have been for decades: stock picking and active management fail to even meet the market approximately 85-90% of the time.

simplefinance.bsky.social•6 days ago

https://www.morningstar.com/funds/active-funds-continue-fall-short-their-passive-peers

carlosmcwhortercpa.bsky.social•6 days ago

"Active" funds. Stock picking isn't synonymous with active investing. Buying and holding for the long-term is passive and is what I discuss. No article you share with me will change my mind. It's what I do and will continue to create content for those are interested.

simplefinance.bsky.social•6 days ago

I agree. Motley Fool is total garbage

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