History / Why Poland is not Russia [260]

Korvinus brate - congratulations you have beaten Google. There is only one Google hit for Srusgoblinia and it's your post LOL

Off-Topic / Serbia etc. thread 3 [437]

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Off-Topic / Serbia etc. thread 3 [437]

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Off-Topic / Stock Market Talk and Trading - part 2 [725]

Me neither - halfway through this shitstorm my stockbroker has fallen out with the custodian bank and wants to move a bunch of my portfolio - an admin step that I know will result in missing funds, loads of electronic signatures and hidden costs

Poland has poor service and high costs for those who want to invest in stock markets

Off-Topic / Stock Market Talk and Trading - part 2 [725]

That is of course completely untrue - if the price of bangladeshi tomato pickers, fertilizer and tractor tyres goes up, I am going to either put the price of my tomatoes up, or I am not going to bother growing them, the Federal Reserve and the US government have nothing to do with it.

Maybe you should stick to engineering.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Yes correct - it will definitely lead to inflation and probably to higher wages

Nike is a bad example though - making those probably cost 30 dollars max, so you could add a lot to manufacturing cost. They are losing a lot of sales in poorer countries than the US though, as too expensive and Adidas and other new players like Hoka taking market share. i bought the stock in 2023 and it's been a real dog :(

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Pretty steep correction and seems to be driven by tariffs and inflation plus low consumer confidence

Nasdaq falls are much deeper than the Dow - It's not just Tesla being hit - big falls in all the AI players

News / Sikorski doctrine - Eastern Europe under threat. Poland's foreign policy. [203]

Why would you be upset about a proud Slav standing up to America ?

Sikorski is just showing true Svetoid spirit

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Very difficult in Poland to open a yen bank account unless you are doing physical business with Japan.

General rule - only use currencies where you have an income stream in that currency. lots of Poles learned that the hard way with swiss franc housing loans.

Anyway I know nothing about Japan other than what I learned in Warsaw's sushi bars. In times like these I will not do a lot of buying and selling - rather wait it out. At the moment in the US it is looking like a rout, but the weak dollar should provide some opportunities in a few months once Musk is out the picture and tariffs are forgotten.

News / Sikorski doctrine - Eastern Europe under threat. Poland's foreign policy. [203]

I expect there will be a formal apology tomorrow, after all Poland is a close ally, not woke, not a free loader.

There is just no way Golden Cow will accept his deputy insulting an important ally like Poland, and as a strong leader he won't hesitate to put it right.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Been mentioned several times already. There are plenty of EU tech and defence stocks but you won't get them cheap now.

Siemens, which I mentioned when you asked me for a stock tip - 70 percent up last 6 months
Thales, French electronics and aviation business, up 63 percent

You need to be careful of currency movements - the USD is very weak right now, so for an American, buying Euro stocks will be more expensive, and will only come back with political stability and deficit reduction in the US

Worth looking wt Britain too if you can deal with the taxes and political instability - BAE and Rolls Royce will both be expensive but you could think about smaller things like Chemring.

In the US I hold Harris and General Dynamics - both performing poorly. I expect it to continue - cancelled orders from Europe and Canada are likely. But I will probably hold on to them.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

European markets are up strongly today - 3 percent in Poland and France m, 2 percent in Germany

Quite big inflows from the US to Europe plus some strong moves in defence and tech

Off-Topic / Stock Market Talk and Trading - part 2 [725]

If you are outside the US it's best to wait for the dollar to stabilize - right now I'm 7 percent down on US stocks and another 8 percent on the dollar

With the deficit increasing and inflation increasing it's going to take a while for the dollar to pick up.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Ouch - some more heavy falls today after tariff announcements.

Europe might have a down day tomorrow

Would be good for Trump to take a short holiday and let the market catch it's breath

Genealogy / Bryszkiewski - searching for my Polish roots [35]

I know Boleszyn as I have property close by. It's a tiny place with two small shops, a couple of ponds and a car wash. But more and more Warsaw people are getting summer houses up there.

German name is Bolleschin and it might have been majority German even after 1918.

I don't think I will be out there until Easter time but happy to take some photos if that would interest you

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Would like to keep this thread free of politics unless it affects the markets.

In the case of the US then the markets are very afraid of US public deficits increasing after the new tax cuts and of inflation. Tariffs are pulling all stock markets down

As for DOGE - that's an internal issue, but clear that Tesla stock is having a disastrous 2025

Off-Topic / Stock Market Talk and Trading - part 2 [725]

I have no problem with individuals buying it - in theory it's their own risk and they should understand no government will bail them out.

When it does blow up however I know the crypto fools will blame it on everyone else - Mexicans, blacks, Putler, DEI, Biden, the EU or whatever.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

This is one thread that is free of your vile spamming. Let's keep it that way - this thread is for people who invest, not for basement dwelling trolls obsessed with transsexuals

Off-Topic / Stock Market Talk and Trading - part 2 [725]

In a really crazy move Trump wants to spend US taxpayers money on a strategic reserve of shitcoins. Absolutely insane but being as nobody except Zelensky will be honest to him, he will probably go ahead.

Already this announcement has been marked by massive insider trading and leveraged buying.

Much more of this and I think I will have to rechristen the US as West Nigeria

Off-Topic / Stock Market Talk and Trading - part 2 [725]

Just checking my tips from September as we come close to 6 months

Duke +2%
Mercedes +3%
Diageo -12%. Despite great sales of Guinness the problem is that people are drinking less. I underestimated that trend
Orlen -4%. i am confident this will come back
Harley Davidson. -30%. Terrible sales figures, 50 percent down jn some markets. tariffs will hurt too. but even though I am not a biker I think I will stock with it.

On the plus side Rheinmetall, which I mentioned in October. 90 percent up, and the best performer in my portfolio. A case of war war being more profitable than jaw jaw.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

In Poland interest from an investment account is anaemic, barely above inflation and taxed. You need to have some other form of investment on top of that - shares, real estate or a small business etc.

Just not crypto - a complete scam, put a few k in if you have some to spare but be aware it might go to zero.

I dont think the falls are the fault of the North Koreans - it's a zero value product, other shitcoins like Ethereum have fallen even more.

Off-Topic / Stock Market Talk and Trading - part 2 [725]

One more trading day but that has been a good February for the sleepy decadent Europeans - Warsaw exchange one of the best, up 10 percent. Germany and France strongly up too.

In the US then I'm waiting to hear how many people dumped Tesla while it was at the top. Now falling sharply.

In fact all US markets are struggling - investors like stability and rule of law

And also hilarious Bitcoin falls in progress

News / Coronavirus in Poland - part 2 [599]

No it wasn't

No it didn't

You hate everything, most of all yourself

Life / Is it worth returning to Poland in old age? [168]

No I wouldn't like that.

Life / Is it worth returning to Poland in old age? [168]

Why would I do that ? i have nothing against muslims, I am concerned a bit by Islamic extremism but it doesn't keep me awake at night.

Life / Is it worth returning to Poland in old age? [168]

If you are a winner, up at midnight posting hatred and demented homophobia to an audience of a dozen, then the wide acres of Illinois are a better place to retire

USA, Canada / Censorship and violation of 1st Amendment in US [147]

In most populated areas of Europe it's difficult and expensive to park.

These drawbacks could easily be explained to Trump but I've noticed when he's interviewed or is sitting behind Musk's desk, nobody ever challenges his opinion - intelligent people become complete pussies in his presence

News / Coronavirus in Poland - part 2 [599]

I saw that source

No I don't want to add in the grants - because that is not the same as profit

I can't be bothered to bet but once 2024 results are announced I will add that up - that would be 4 years worth of vaccine profits

News / Coronavirus in Poland - part 2 [599]

While profits from the vaccine were high I don't think they were anything close to 90 billion. Can't see any credible source for that - it means 15 bucks profit from every adult on the globe. As usual not plausible.

Jasmine Crockett was partner in a law firm and VC firm before become a congresswoman. She made some money doing that.

Do you guys understand either Google or money ?

News / How will Polish-American relations change if Trump is elected president again? [694]

And this is the thing about tariffs

Trump makes it simple for low information voters by talking about cars but once they realize the cost of their medicine is going up it will be a shock

Despite hearing all the time that European is not innovative, it is a laser in pharma and medical tech. Which s much more useful than a meta and Twitter (but not more useful than Apple and Microsoft)