[Angelino97]

The Pershing Square boss has revealed new positions in Netflix, Visa, Mastercard, Alcon, Intercontinental Exchange and S&P Global

I find his confidence in VISA and MasterCard interesting. He's betting that ...

1. Americans will increasingly rely on credit cards.

2. If there is a big credit default, VISA and MasterCard are "too big to fail" and will receive a government bailout.

[PeterPrinciple]

I find his confidence in VISA and MasterCard interesting. He’s betting that ...

1. Americans will increasingly rely on credit cards.

2. If there is a big credit default, VISA and MasterCard are “too big to fail” and will receive a government bailout.

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might be a good bet. I was thinking about moving to cash and spending less.

[PeterPrinciple]

the companies are positioned for strong earnings growth.

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yet in my area, I am seeing a trend of discounts for cash at gas stations and others. a growing trend?

an easy way to launder money and avoid taxes. There is always action and reaction.

[JSM_Liberty]

“If there is a big credit default, VISA and MasterCard are “too big to fail” and will receive a government bailout.”

VISA and Mastercard are just the middlemen, it is the banks who will be on the hook for any default. If you don’t pay off your Chase VISA card or Citi Mastercard it is Chase or Citi who are in trouble.

[Raycpa]

otherwise known as legal front running

[Sequoyah101]

Netflix? Really?

Buy low and pump your way to profits Bill. I won’t bite on that one.

[pangaea6]

If you’re young enough just put the money in Nasdaq 100. All the big tech companies, the exchange balances everything out for you and its long term chart is so good. A few other might be better but how do you pick? I am adding consistently to Space X though other than that.