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Adam Wyden, former "Bombshells" investor, interviewed. I haven't listened yet but Wyden is a character.

That’s every sport now. It’s a terrible investment these days…parents spend 10s of thousands on sports for their kids only to have less than 2% of them get scholarships and only what 1% of those kids go pro? I played HS Basketball for the 16th AAAA team in the country back in the early 2010s. I got looked at by a few big schools (Penn State) early in my HS years but not coming from a wealthy family it was near impossible to keep up with the AAU fees and general expense for offseason play/training schedule. Decided it wasn’t for me as it became a job and I lost the love of the game. My point is unless you’re willing to commit 100% from a family perspective in terms of time and money and friendships it’s incredible difficult these days to do anything in sports. 100x worse now with kids in Middle School having agents!

Alright. Moving to NYC end of the month. Anyone have apartment recommendations in FiDi? Would prefer something with a private outdoor, doesn't matter if its small.

almost died haha im still trying to cope with the criticism, i know it's fair and reasonable But for me -passionate about the sport- i just can't image the winner mentality needed to overcome a 0 -2 in 15 mins

Find a good one on https://www.charitynavigator.org/. Look for a 4 star rating. The ones we donate to on a recurring basis are Sankara Eye Foundation - Every $50 pays for an eye surgery to cure blindness. https://www.giftofvision.org/ Doctors without borders https://www.doctorswithoutborders.org/ Direct Relief https://www.directrelief.org/

Speaking of scarring, how about the dumb shit that I did in January this year with silver? Shorted and got squeezed out for a loss, only to watch it tank $50 after I covered - that's some bad scars baby But I gotta say Micron is tempting me to short it again though, it's tempting - I consider $1000 psychologically important and it's clearly broken that, which means da headlines are gonna go out and the nervous nellies are gonna start to feel it and selling begets more selling...

Yea IDK exactly. I just think when you even do an itty bitty little bit of work, arriving at a price target around $400, and then in 1.5 months seeing that number 3x and yet still seeing people buying at those prices!!!! obviously thinking/preying/ expecting MORE upside? Like my odds.

Yeah we are on the same page there, the only difference is my gut feeling tells me this still has some juice left. That said my gut feeling is basically 50/50 so don't mind me.

I saw MU at 1200 and was thinking of shorting it but TSLA got me scarred and scared.

I accepted a limited partnership in a small local craft brewer for pretty much this exact reason; building things, share the risk and time commitment, create a lot of employment, enrich the community, and enable one to brew purely for the fun of it. The keys are partners you like, clearly defined duties (I'm the finance/accounting guy, and floating 'grunt'), staying small, and keeping it lean. Treat your capital investment as an immediate loss, your share of the years (modest) profits as a bonus to spend as you wish. Could just as easily be a bakery, etc, depending upon your interests. It has worked out well, is well suited to the early 'retirement' years, and the challenges are a great counter weight to the constant 'draw' of retirement. All our employees (including the part-time) have a partnership interest in the brewery, and we do at least 2-3 contract brew collaborations/year for staff development. We run it as we would any other business, but also include some 'non business' KPI's, as we're not in it for the money. Different strokes. SD

Sold my VTRS position

Thanks. I have an acquaintance where I live (that was weirdly on the Canadian National soccer team I believe at one time) and he is from Nova Scotia. One time I was introducing him to someone and I mistakenly said he was from Newfoundland. He said “You think I’m a Newfy!?” Or something to that effect. Apparently Newfoundland is like the West Virginia of Canada. I’m from a small Southern backwater state that everyone thinks is the worst and I know is the best, so I don’t care about those sorts of things haha. I was just looking at St. John’s average monthly temps and it sounds like paradise. Just saying.

I've started thinking this through, but am still early in the process. I'm a Gen Xer. IMO, the children of my generation have bigger opportunities than my generation, but have fewer and are in a more difficult world financially. So, I'm thinking about how much extra money those kids would need to level the playing field with Gen X, and what I can do to directly address that issue with the young people I know who don't have high-income parents.

In fact, 70% of population is in the Toronto-Ottawa-Montreal-Quebec City corridor and close BC The Canadian Shield north of the country ensures lack of fertile land so historically population gravitated toward already dense area.

Yep. The thing I wonder about is whether there is a deliberate "overload" strategy going on, or if it's just a side effect of the way things happen these days. Like, it's pretty clear that the "never let a crisis go to waste" thing from decades back was and is a deliberate strategy, and I'm wondering if overload is too.

100%. Ive always found impacting individual lives creates for bigger ripple effects than giving to broad organizations run by the wives of rich dudes who want tax breaks.

Stunning comeback by Argentina. @raveslayer, have you recovered yet?

Yeah, I think the value proposition of small and local is much better than national charities.

So maybe 18 months ago, a few of us did some work on STX, which at the time was trading in the $80-120 range. Right, the AI trade was already a bit long in the tooth, but the general idea was that the memory stuff was the last leg that needed a repricing. Of course the reason it was the last to rally after years of anything AI gains, was because it was and always will be a shitty commodity type cyclical biz. Nevertheless we ran a whole bunch of different scenarios, and even in the most optimistic blue sky scenario, the highest price we could arrive at for STX was about $400 per share. After exiting in its entirely this past April, the stocks of STX and all its peers then basically did a 3x. Classic blowoff top. Nobody, and I mean nobody when you ask them why you would ever pay $1000 per share for Seagate, can give you even 1/10 of a reasonable answer within the framework of how we arrived at $280-410 price targets 18 months ago. At best, you get some vague crap about "AI gonna be big" and "higher for longer" on memory prices. Which still no where remotely justifies even $500 per share. So end of the day, it's some legit analytical worked overlapped primary with a gut feel for where the cycle is. The majority of my most prosperous investments/trades have been gut feel calls. If it doesn't work out I can maybe at most lose MSD of my capital. NBD.

You could use bull put spreads. I just pulled up Micron out of curiosity, lots of ways to create a 100-200% gain if the price drops a little by next June (with a 100% loss) if it doesn't. I think you could do 500-700% with a drop to $500 if you go further out of the money.

The question is, what is different than 3 months ago? They were trading at high levels back then too, did not stop them from doubling. I am sure there will come a moment prices and margins come down but I am not sure this will be within the next year.

Are you not concerned about the general market buoyancy pushing these higher. My gut agrees with you but i'm not sure the risk reward is there. Id love to hear more about your thoughts. If the market moves higher will you fold and take a loss? Whats the strategy?

Made my first - large for me - six figure- donation to charity about 10 years ago, much larger than usual because the donation was meaningful to them and to me. Try to do this each year with a charity where smaller amounts go a long way. Also try to keep it mostly local so I can monitor and/or be involved with the activities and ensure the money is used for its intended purpose.

Absolutely regarding the Dominicans, the wild thing is that an obvious visible disadvantage becomes a hidden advantage. Less access to aluminum bats and softballs translate into higher hitting percentage once they play with the right equipment not a metal pipe or stick Its like listening to a podcast on 1.5x speed for a few hours, then when you listen on 1x its seems like slow motion. This is the hidden advantage to growing up playing on concrete. By the time you start playing on grass or turf the game seems like slow motion. Your brain and your body have been conditioned to an extremely fast paced game. Add to the above Spain's small physical stature has forced them to play a very team focused game that translates into success. You don't need super stars when you have a 100 world class players to pick from. Canada's access to our African heritage super athletes has us focusing on speed and power strategies over the finer details like pass accuracy and game control. Maybe France has the golden ticket of big strong players with a higher skill level. I love the world cup because you see so many strategies based on the nations strengths and weaknesses.

Off topic but anyone who wants a great foot/ankle/achilles/calf workout - go to a soccer field (or anywhere, really) and run a few laps on your toes only - heels never touching the ground. Great for kids too, it builds an unmatched base of agility that translates well to other sports with quick changes of direction. Came from my old coach who was an ex-cosmos player.