Rearranged the PAF portfolio due to pandemic virus #684 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 23MAR2020 
  
 
T   30,010  AT&T
GSK  1,100     
       __________ 
         31,110 

Total share-wealth-units last reported which was 16MAR2020 was 29,480 
and total share-wealth-units today 31,110 , and today is  23MAR2020.

Alright with this worldwide pandemic, I decided to rearrange the portfolio, where I sold 1700 shares of VZ at 51.03 and sold 10 shares of NVS at 71.25 and sold 200 shares of GSK at 32.07. With the proceeds I bought 3300 T at 36.50 and bought 240 T at 26.
40.

On a day like today, it is nice to have some diversity in playing the Von Neumann Optimal Strategy. However, I just did not have enough diversity.

Today I managed to increase wealth shares by 31110 - 29480 = 1,630.

In other words 1630 shares more than yesterday.

This is classical Von Neumann Optimal Strategy-- relative values, and all I need to do now, is wait for AT&T to rise above VZ and buyback VZ.

AP

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On Monday, March 23, 2020 at 4:32:59 PM UTC-5, plutonium....@gmail.com wrote:

Rearranged the PAF portfolio due to pandemic virus #684 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 23MAR2020

T 30,010 AT&T
GSK 1,100
__________
31,110

Sorry as of this writing on 11SEP2020, I missed May 2020 where I bought 300 AT&T at 29.40 making the total above be 31,410.

Total share-wealth-units last reported which was 16MAR2020 was 29,480 and total share-wealth-units today 31,110 , and today is 23MAR2020.

Alright with this worldwide pandemic, I decided to rearrange the portfolio, where I sold 1700 shares of VZ at 51.03 and sold 10 shares of NVS at 71.25 and sold 200 shares of GSK at 32.07. With the proceeds I bought 3300 T at 36.50 and bought 240 T at

26.40.

On a day like today, it is nice to have some diversity in playing the Von Neumann Optimal Strategy. However, I just did not have enough diversity.

Today I managed to increase wealth shares by 31110 - 29480 = 1,630.

In other words 1630 shares more than yesterday.

This is classical Von Neumann Optimal Strategy-- relative values, and all I need to do now, is wait for AT&T to rise above VZ and buyback VZ.

AP

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PORTFOLIO of PAF on 4MAY2020  
   
T      30,310  AT&T 
GSK  1,100      
       __________  
         31,410  

Total share-wealth-units last reported which was 23MAR2020 was 31,110 
and total share-wealth-units today 31,410 , and today is  4MAY2020. 

Alright with this worldwide pandemic, I decided to rearrange the portfolio, where I sold 1700 shares of VZ at 51.03 and sold 10 shares of NVS at 71.25 and sold 200 shares of GSK at 32.07. With the proceeds I bought 3300 T at 26.50 and bought 240 T at 26.
40. 

So, before the pandemic my total share wealth was about 29,000, now I am well on the way to having 32,000, about a 10% rise in share wealth.

Date: Mon, 4 May 2020 13:55:11 -0700 (PDT)
From: Archimedes Plutonium <plutonium.archimedes@gmail.com>
To: Plutonium Atom Universe <plutonium-atom-universe@googlegroups.com>
Subject: Verizon holding up well and Glaxo #686 Optimal Strategy

Verizon holding up well and Glaxo #686 Optimal Strategy

Now let me say that I was on a mission to the Moon and stay there or to Mars and stay there. And the only information coming to me from Earth is the price of the telecom company Verizon. That was the only information coming to me in outer space having
departed Earth on 1 January 2020.

Well, I would say nothing "out of the ordinary" was happening on Earth, because well, Verizon has stuck around 50 to 60 dollars a share for decades now. And during the covid-19 pandemic, well, VZ is still 55, or 56, as if nothing abnormal in the finance
markets.

Of course, if I had been in most every other stock, I would sense tumult in the markets.

And, even, there are some winners in the pandemic -- Gilead with its remdesivir.

Glaxo, I hope, because I have some shares, will come up with its own medicines. And, well, Glaxo is a traditional powerhouse on viruses with its Wellcome labs of the past. They are doing well.

AP

This is now September 2020 and the pandemic is raging forward. They forced kids back to school can only increase the infection rate. My home state of South Dakota was listed in the past weeks as the highest infection rate per capita, and today looking
saw it ranked 3rd in the nation.

I do not see the reason for school openings in the middle of a pandemic, and what for? Really, I mean to rush kids back to school to learn fake math of ellipse a conic when it never was, that 10 OR 4 = 14 in the error ridden Boole Logic, that never a
geometry proof of Fundamental Theorem of Calculus and that physics and chemistry and biology teaches the electron is 0.5MeV when no hydrogen atom can exist with angular momentum composed of proton = 938MeV, electron = 0.5MeV. The existence of hydrogen
atom requires proton = 840MeV, electron= muon 105MeV.

And so we rush kids back to school to be indoctrinated with fake science, and all to risk being infected???

PORTFOLIO of PAF on 11SEP2020  
   
  
T      30,410  AT&T 
GSK  1,100      
       __________  
         31,510  

On 11SEP2020, I bought 100 more of AT&T at $28.85 a share.

Total share-wealth-units last reported which was 4MAY2020 was 31,410 
and total share-wealth-units today 31,510 , and today is  11SEP2020.

AP

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100 more shares of AT&T as Trump is infected #688 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 1-OCT2020  

T      30,510  AT&T 
GSK  1,100      
       __________  
         31,610  

On 11SEP2020, I bought 100 more of AT&T at $28.85 a share.

Total share-wealth-units last reported which was 11SEP2020 was 31,510
and total share-wealth-units today 31,610 , and today is 1-OCT2020.

With excess cash, I bought 100 more AT&T at 28.55 a share. I usually wait until Fridays as it is usually a down day, but here I bought on thursday, because I know the dividend ex date is soon to follow. And to my surprise, Friday is an up day, it is at
28.74 at the moment.

I heard in the news last night that President Donald Trump was infected with covid-19 and is self quarantining. I do hope, if his condition gets worse and bad, that he jumps into a MRI scan machine set at 254nm to dis-inable a pocket of the virus, and
thus the immune system can wipe out the rest of the viruses. A treatment that is a helluva lot better than a ventilator. I am still voting for Biden for the USA needs to join up with EU as one superpower nation, able to combat China+ Russia. We need a "
amiable guy as president" not a combative-- no plan guy like Trump.

AP

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150 more shares AT&T plus 100 VZ #689 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 1-OCT2020

T 30,660 AT&T
GSK 1,100
VZ 100
__________
31,860

With excess cash and a Biden Democrat victory is pause for optimism of restoring science into politics, so today I bought 100 VZ at $58.05 per share and bought 150 AT&T at $27.40 per share. According to my formula of von Neumann game strategy I should
have just bought AT&T, but there is some word to be said for diversification, so I am wanting to diversify somewhat, even if meager.

Total share-wealth-units last reported which was 1-OCT2020 was 31,610
and total share-wealth-units today 31,860 , and today is 5NOV2020.

Soon I will top 32,000 in share-wealth-units in the von Neumann Gametheory Optimal Strategy. I think more about share-wealth-units then ever I do about any dollar amount values.

AP

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300 more shares AT&T #690 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory
PORTFOLIO of PAF on 1-FEB2021
T 30,960 AT&T
GSK 1,100
VZ 100
__________
32,160

With excess cash today and under so much pandemic lockdown, that there is little to be spending money on. So I bought 300 AT&T at $28.88 per share.

I am hoping to receive the 1 jab of the J&J vaccine, for it is a Viral Vector vaccine which in my opinion is safe, unlike the Pfizer or Moderna vaccines of mRNA, which in my opinion turns humans into a GMO body and looking up reverse transposon-- the
jumping genes-- some of which cause colon rectum cancer.

So, good on you Janssen and Johnson&Johnson labs for discovery of a 1 dose vaccine. And that is how it really should be-- not for the drug companies to scramble to "infiltrate a whole new method of questionable safety, but rather" to make vaccines be 1
dose only.

Give J&J the Nobel prize in medicine for this year.

AP
King of Science, especially physics

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Will Verizon end up buying AT&T due to pandemic devastation #691 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.

There is the question of having a negative earnings per share and the ability to pay dividends.

There is the question of AT&T's debt with Direct TV and Time Warner.

Last year AT&T was battling a corporate marauder.

But suppose some other company offers to buy AT&T, maybe even a foreign telecom, like the Japanese telecom.

Then, would Verizon come in and buy out AT&T? Of course government regulators would step in.

Is AT&T too big to be bought out and too much regulated to be bought out?

If I were writing this article 20 years ago, I would have thought AT&T would buyout Verizon, not the reverse of today.

It goes to show, how "debt" can be fatal flaw in business strategy. And I would have thought that Verizon, 20 years ago was more apt to make a mistake of debt, rather than AT&T.

So, what starts this avalanche on AT&T? Is it some telecom such as T-Mobile (Sprint) making a offer, or some smaller telecom company. Or perhaps even a tech giant like Google, or Facebook offering to buy a telecom AT&T. And where the situation ends up
being where Verizon enters the fray.

AP
King of Science

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Archimedes Plutonium<plutonium.archimedes@gmail.com>

Feb 26, 2021, 4:05 PM
to Plutonium Atom Universe

30 more shares AT&T  #691 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory


30 more shares AT&T #691 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory
PORTFOLIO of PAF on 26Feb2021
T 30,990 AT&T
GSK 1,100
VZ 100
__________
32,190
Total share-wealth-units last reported which was 1Feb2021 was 32,160

and total share-wealth-units today 32,190 , and today is 26Feb2021.
With excess cash today and reading of a huge stake bought in Verizon over their 5G, and seeing the restructuring of AT&T's Direct TV. So I bought 30 AT&T at $28.00 per share.

I am hoping to receive the 1 jab of the J&J vaccine, for it is a Viral Vector vaccine which in my opinion is safe, unlike the Pfizer or Moderna vaccines of mRNA, which in my opinion turns humans into a GMO body and looking up reverse transposon-- the
jumping genes-- some of which cause colon rectum cancer. And was hoping to hear this in the news today, Friday 26 Feb 2021. But no news as of yet.

So, good on you Janssen and Johnson&Johnson labs for discovery of a 1 dose vaccine. And that is how it really should be-- not for the drug companies to scramble to "infiltrate a whole new method of questionable safety, but rather" to make vaccines be 1
dose only.

Give J&J the Nobel prize in medicine for this year.
I do not know what happened to GSK in vaccine quest. Did they fail completely, or are they going to surprise me with a covid-19 vaccine. The last I heard from them was "we want to be the best vaccine, not the first".
AP
King of Science, especially physics

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290 more shares GSK #692 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory
PORTFOLIO of PAF on 4May2021
T 30,990 AT&T
GSK 1,390
VZ 100
__________
32,480
Total share-wealth-units last reported which was 26Feb2021 was 32,190

and total share-wealth-units today 32,480 , and today is 4May2021.

With excess cash today, I bought 290 shares of GSK, Glaxo and I need a bit of diversity, as I am well over 95% invested in telecoms, so a bit of diversity is long past due. You always need some diversity, but not too much. Diversity is like the seasoning
and flavoring and combination of foods. Such as tonight I flavor my baked potatoes with a Italian spices and garlic salt and add cottage cheese to my slice of pizza. In Von Neumann strategy, you need several companies to play one against another, and
that is the diversity mix. Sometimes you find yourself steeped high in one company, but that is only waiting time to switch into the others.

So today I was thinking that the Glaxo drug maker in a time of a pandemic is too depressed low in value at $37 a share. I had bought the bulk of my shares of GSK some years ago at $35. And this is unreasonable to have a premier drug company so low at
this time. Hence I bought 290 more shares at $37.59 per share. Normally on a day like today I would buy more telecom, and especially as they roll out their 5G, but because of 5G roll-out and the focus on telecoms, that Glaxo was a better buy today.

The best investors, always look for the cheapest premier companies for that is the mechanism of Optimal Strategy Von Neumann Game Theory.

AP
King of Science

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Good job AT&T of unloading Time-Warner & thanks for the new shares DISCA// sold 190GSK & bought 250 ATT #693 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 20May2021
T 31,240 AT&T
GSK 1,200
VZ 100
__________
32,540
Total share-wealth-units last reported which was 4May2021 was 32,480, thus a gain of 60.
And total share-wealth-units today 32,540 , and today is 20May2021.

Back on 4May, AT&T was too pricey, over $32, but GSK was cheap, still at $37 thereabouts. So today I switched out of 190 shares GSK selling 190 at $39.06 and with the proceeds bought 250 AT&T at $29.58 per share.

It is all over the news, that AT&T is unloading its media business and getting back to its basic core-telecom. And it should not be any surprise to anyone that such needed to be done as we can clearly see that 5G network, 5th generation network is costly
and should be the main focus of all telecoms, not out on a buying spree of unrelated business.

If AT&T had not unloaded Time Warner, they run the risk of Verizon surpassing AT&T in its core business-- telecom. AT&T teaches us a grave lesson-- do not buy anything that places in jeopardy the core business, and drains the company mired in debt. And,
to me, since I closely watched AT&T versus Verizon for over 20 years now, it is easily explained to anyone, the reason T was stuck at around $30 while VZ approached $60, is because T was out on a buying spree that should never have happened. The reason
VZ went 2x the share price of T, was because T was not focused on its core business. But now that T is focused, I can easily see it coming up to VZ in price value of $60 per share.

And thank you, thank you so much AT&T board of directors for unloading everything and that I can expect a Discovery DISCA shares. It was stated that AT&T shareholders get 71% of this new company. I cannot expect that means my 31,240 shares of AT&T would
become giving me 71% of 31,240 = 22,180 shares of a new company worth more than $32. per share. That would mean that AP gets "almost for free" 22,180x$32 = approx $709,000.

No, no, life cannot be this good to AP, that AT&T has given AP, almost for free $709,000.

It must not be true and probably something more on the order of what Verizon did several years back where they spun off some company they owned and I got 2 shares worth $55. per share of this spin off. No, life cannot be this good to AP that he gets for
free, $709,000. in a AT&T spin off.

Anyway, thank you William Kennard, and John Stankey for placing AT&T back on steady course even keel as a Telecom, back to its core roots, for it needs to compete even even with Verizon. The telecom business is such that it cannot afford to go out
shopping for companies that are not in the telecom business itself. And now, well, hope to see AT&T share price value go up to $60 a share, matching that of VZ.

Thanks,
AP, King of Science, especially Physics

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Shares outstanding of VZ and AT&T #694 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.

So I had to look and see the shares outstanding. A number figure that Yahoo finance does not provide but deeply important to us value investors. So AT&T has about 7 billion shares outstanding and VZ has about 4 billion shares.

Now Yahoo says that VZ market capitalization is $235 Billion and AT&T is $211Billion.

Let me see if that makes reasonable math sense for VZ is about $57 a share and T is about $29 per share. So 57 x 4 billion = 228 and 29 x 7 billion is 203. Yes, close enough.

So in my long memory and history of the prices of VZ and AT&T as I ran switch campaigns on both. At one time I had far more VZ then T, and then one day about 15-20 years ago, going on fading memory and not bothering to look up the facts, one day I sold
nearly 90% VZ and with the proceeds bought only T, and been stuck with that AT&T because VZ went so much higher and stayed higher than AT&T. I am talking about 15 or more years ago, perhaps in my book can be seen the exact dates, for I am talking of
memory here.

In a investor of switch campaign that I am, we like our companies for both that one never gets far from the other, because, well, we can no longer switch between the two. So about 15 years ago, VZ just climbed and climbed higher than AT&T.

But now that AT&T is going back to its roots-- telecom, I can see them with a price per share that matches VZ. So say that AT&T is at $60 per share with 7 billion share outstanding would value T at 60 x 7 = $420 Billion market capitalization. And that
would make VZ look very cheap at its current $235 Billion.

And in a earlier post, I complained of the price distortion of what I consider inferior companies compared to telecoms. Companies such as Microsoft $1.85 Trillion, Google $1.56 Trillion, Apple $2.12 Trillion, Facebook especially Facebook at $903 Billion.

And this is where Randall Stephenson just made one mistake-- for he should have been CEO at Microsoft or Google or Apple or Facebook and bought up AT&T lock stock and barrel with petty change at those trillions evaluation.

Because in the estimation by AP, the King of Science, that Google and Facebook are *advertisement* business, and advertisement business is wishy washy come and go, and not really essential to humans. Whereas communication, telecom is far far more
essential.

And although Microsoft and Apple are technology, that technology is not as safe as a utility-monopoly that a telecom such as Verizon and AT&T are.

So, what are they waiting for? What is Apple, Microsoft, Google, Facebook waiting for. For if AP was CEO of any one of them, tomorrow, the next day, I would buyout AT&T faster than I can pour milk onto my cereal.

Yes, the King of Science is also into that of "business stupidity and lethargy and the tedium boredom of financial businesses" and that is why AP, the King of Science spends 99.99% of his time in physics and science. For brains in business is dull.

AP
Your King of Science, whether you like it or not.

If you enjoyed this read, please see more at AP's newsgroup.


y  z
|  /
| /
|/______ x

More people reading and viewing AP's newsgroup than viewing sci.math, sci.physics. So AP has decided to put all NEW WORK, to his newsgroup. And there is little wonder because in AP's newsgroups, there is only solid pure science going on, not a gang of
hate spewing misfits blighting the skies.

In sci.math, sci.physics there is only stalking hate spew along with Police Drag Net Spam of no value and other than hate spew there is Police drag net spam day and night.

I re-opened the old newsgroup PAU of 1990s and there one can read my recent posts without the hassle of stalkers and spammers, Police Drag Net Spam that floods each and every day, book and solution manual spammers, off-topic-misfits, front-page-hogs,
churning imbeciles, stalking mockers, suppression-bullies, and demonizers.  And the taxpayer funded hate spew stalkers who ad hominem you day and night on every one of your posts.

There is no discussion of science in sci.math or sci.physics, just one long line of hate spewing stalkers followed up with Police Drag Net Spam (easy to spot-- very offtopic-- with hate charged content). And countries using sci.physics & sci.math as
propaganda platforms, such as tampering in elections with their mind-rot.

Read my recent posts in peace and quiet. https://groups.google.com/forum/?hl=en#!forum/plutonium-atom-universe   Archimedes Plutonium

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Time Warner spinoff//Re: shares outstanding of VZ and AT&T #695 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.

Good question, as to what AP will do with the Discovery Channel-Time Warner spinoff shares.

If AP gets only a few hundred shares, then I will eventually sell them.

But if AP gets anywhere near a thousand or more shares, then I will keep for quite some time, quite some time. Because Discovery channel is the best paid advertisement broadcaster of science behind PBS. But PBS has only science about one day per week--
Wednesday. Whereas Discovery channel, although advertising tv, has science on all throughout the week.

And that as a youth and teenager, I watched my favorite shows of Bugs Bunny cartoons and Maverick, and Star Trek is now with Discovery streaming service.

So if I think back to my youth and teenager and young years, this spinoff company has some deep connections with me.

AP
King of Science

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Reverse Morris Trust on new shares of DISCA #696 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.
AT&T maybe amateurs in buying companies, but they are veritable seasoned experts in getting rid of companies they do not want. Take for instance Time Warner spun off to Discover channel DISCA, reading Yahoo finance on Reverse Morris Trust deal, where the
author claims that a court ruling of 1966 establishes a precedent that neither AT&T nor its shareholders have to pay taxes.

Now, AP is wondering about that. What does that mean when AP sells some of his DISCA shares, and what is the basis value, and does AP pay any taxes on the sale of those shares?

So here, AP is all up in the clouds as to the meaning "no taxes".

AP

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30 more AT&T #697 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 9Jul2021
T 31,270 AT&T
GSK 1,200
VZ 100
__________
32,570
Total share-wealth-units last reported which was 20May2021 was 32,540.
And total share-wealth-units today 32,570 , and today is 9Jul2021.

So today I spent my GSK dividend on more shares of AT&T, which is absurdly cheap at 28.39 per share. And I bought 30 more shares of AT&T. I say absurdly cheap because in several months from now, every AT&T owner will get what can be called free shares of
Discovery Channel DISCA.

And I lived through several of these corporate deals where the parent company distributes to shareholders free shares of a spin-off. I remember Verizon spinning off one of its units and giving shareholders free shares in the spin off.

And it does not surprise me in the least that DISCA is almost tracking the same as T is tracking, where DISCA is now 29.20 while T is 28.41 at the moment.

So what I expect from past experience on these matters, is that both companies will stay about the same price and that at some point in the near future, that T will skyrocket to $40 and Disca also at $40, because, well, of course, because T shareholders
get free new shares of Disca.

The only confusing part of this for AP, is why most everyone else is so blind as to not see this coming.

AP
King of Science, especially Physics

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330 more AT&T #698 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 3Aug2021
T 31,600 AT&T
GSK 1,200
VZ 100
__________
32,900
Total share-wealth-units last reported which was 9Jul2021 was 32,570.
And total share-wealth-units today 32,900 , and today is 3Aug2021.

So today I spent excess cash on more shares of AT&T, which is absurdly cheap at 28.10 per share. And I bought 330 more shares of AT&T. I say absurdly cheap because in several months from now, every AT&T owner will get what can be called free shares of
Discovery Channel DISCA.

And I lived through several of these corporate deals where the parent company distributes to shareholders free shares of a spin-off. I remember Verizon spinning off one of its units and giving shareholders free shares in the spin off.

And it does not surprise me in the least that DISCA is almost tracking the same as T is tracking, where DISCA is now moving in tandem in price to what AT&T price is.

So what I expect from past experience on these matters, is that both companies will stay about the same price and that at some point in the near future, that T will skyrocket to $40 and Disca also at $40, because, well, of course, because T shareholders
get free new shares of Disca.

And Disca is highly more volatile in price so it could drive up AT&T to about $45-$50 per share. Especially since AT&T keeps reporting record new subscribers. And Disca should do extremely well with its educational programs in a covid-19 lockdown future
of education at home.

The only confusing part of this for AP, is why most everyone else is so blind as to not see this coming.

AP

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270 more AT&T #699 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 1Nov2021
T 31,870 AT&T
GSK 1,200
VZ 100
__________
33,170
Total share-wealth-units last reported which was 3Aug2021 was 32,900.
And total share-wealth-units today 33,170 , and today is 1Nov2021.

So today I spent excess cash on more shares of AT&T, which is absurdly cheap at 25.43 per share. Cheaper than three months ago. And I bought 270 more shares of AT&T. I say absurdly cheap because in several months from now, every AT&T owner will get what
can be called free shares of Discovery Channel DISCA. The reason AT&T is so cheap is because many big funds play AT&T as a parking lot in between times when they pay dividend, unlike I myself who plays AT&T as a lifetime investment-- buy and hold for
long term. So these parking lot investors, here today gone tomorrow and back again 2 months later, these parking lot investors are playing a very risky and dicey game of thinking they can come back in, once the DISCA shares are parceled out with no
adversity from their parking game.

But I am rather sure that many of these parking game players will be cut off or cut out when that DISCA distribution occurs.

AP

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On Monday, November 1, 2021 at 10:51:35 PM UTC-7, plutonium....@gmail.com wrote:

270 more AT&T #699 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory

PORTFOLIO of PAF on 1Nov2021
T 31,870 AT&T
GSK 1,200
VZ 100
__________
33,170
Total share-wealth-units last reported which was 3Aug2021 was 32,900.
And total share-wealth-units today 33,170 , and today is 1Nov2021.

So today I spent excess cash on more shares of AT&T, which is absurdly cheap at 25.43 per share. Cheaper than three months ago. And I bought 270 more shares of AT&T. I say absurdly cheap because in several months from now, every AT&T owner will get

what can be called free shares of Discovery Channel DISCA. The reason AT&T is so cheap is because many big funds play AT&T as a parking lot in between times when they pay dividend, unlike I myself who plays AT&T as a lifetime investment-- buy and hold
for long term. So these parking lot investors, here today gone tomorrow and back again 2 months later, these parking lot investors are playing a very risky and dicey game of thinking they can come back in, once the DISCA shares are parceled out with no
adversity from their parking game.

But I am rather sure that many of these parking game players will be cut off or cut out when that DISCA distribution occurs.

AP

"PAF" = "Punk as fuck"?

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