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Old 01-07-2021, 03:01 PM   #1  
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Default OUCH!,,

Well obviously my Boeing stock will take a hit...

https://youtu.be/4xd567pPxbk
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Old 01-07-2021, 07:03 PM   #2  
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Quote:
Originally Posted by Excargodog View Post
Well obviously my Boeing stock will take a hit...

https://youtu.be/4xd567pPxbk
For your investment portfolio decision, do you think this is characteristic of a permanent problem that will affect the stock price several years down the road, or do you think it is a big speed bump now but once it is out of the way things will look better a few years down the road?

I am amazed how many investment people (even professionals) do not take the advice of Benjamin Graham in the book the Intelligent Investor.

In the short term, the markets are a voting machine. In the long term markets are a weighing machine.

Warren Buffett says his investment foundation is 85% Benjamin Graham and 15% Phillip Fisher. These investment greats wrote books decades ago, and they still are relevant today.
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Old 01-07-2021, 07:29 PM   #3  
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For your investment portfolio decision, do you think this is characteristic of a permanent problem that will affect the stock price several years down the road, or do you think it is a big speed bump now but once it is out of the way things will look better a few years down the road?

I am amazed how many investment people (even professionals) do not take the advice of Benjamin Graham in the book the Intelligent Investor.

In the short term, the markets are a voting machine. In the long term markets are a weighing machine.

Warren Buffett says his investment foundation is 85% Benjamin Graham and 15% Phillip Fisher. These investment greats wrote books decades ago, and they still are relevant today.
I bought the Boeing stock a decade plus ago at which time it was a well managed company. Since then there has been the KC-46 debacle, the MAX debacle, the Starliner failure, and now a $2.5 billion criminal and civil penalty. Iím generally a mutual fund and buy and hold guy but Boeing is one of the two individual stocks I own and I bought it in dibs and dabs when I started investing. If I actually could find the basis for it, Iíd sell it, but that paperwork I last saw three moves ago...

Oh well, Iíll leave it to the kids in the will. There isnít that much of it anyway...
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Old 01-07-2021, 09:11 PM   #4  
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Well that would align with what I was reading in this report then:
https://www.commerce.senate.gov/serv...3-5634D9D3CEF6

There were some places in the document that referenced ongoing criminal investigations. This seems to fit the bill.
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Old 01-14-2021, 11:14 AM   #5  
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.... wrong post.
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Old 01-16-2021, 04:49 PM   #6  
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Default And ANOTHER hit....

https://www.space.com/nasa-sls-megar...gine-test-fire

Boeing used to be a very competent company. It seems like more and more their work is over cost, over schedule, and defective.
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Old 01-18-2021, 12:31 PM   #7  
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Originally Posted by Excargodog View Post
https://www.space.com/nasa-sls-megar...gine-test-fire

Boeing used to be a very competent company. It seems like more and more their work is over cost, over schedule, and defective.
Yeah they should be able to test-fire a human-rated engine without something going bang. It's one thing if something was out of parameters or they didn't understand what they were seeing... that's what tests are for.

But I guess you get fireworks in the space business sometimes, it will be more telling what the root cause was... design failure, QC failure, or management-induced failure.
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