brobro777

I read it a while ago but I liked Pit Bull by Marty Schwartz - early days of trading S&P futures

Maybe Powell saying rate cuts are coming marks the top haha

I always liked Made in America by Sam Walton and My Own Story by Bernard Baruch

Bought some OXY cuz BTI paid me fat dividends this month

Yea I believe it. I remember hanging out with this buddy in the fall of 2009 and he was whining about how him and his wife were having a tough time buying a house in Bergen County (they ended up buying in Dec 2009 I think) because the sellers wouldn't negotiate and stuff. Now 15 years later he texts me that new builds in his neighborhoods are going off at $2M+ Haha

I got a buddy who lives in Bergen County NJ and he tells me the home prices in his town are continuing to go crazy, year after year after year. That's with NJ property taxes - at least California has Prop 13 There sure seems to be lots of down payment assistance programs, 3% FHA loans, VA loans with 50% DTI, etc. etc....

Dude maybe you should copy Charlie Munger and quit the lawyer business

Yea if interest rates are 0% like in 2015 then 30X may be okay but if I can get 5% from short term treasuries? When that company is already so big it's $3Trillion? Trees don't grow to the sky I own everything Apple and I'm never switching from the iPhone but if Warren is selling...

Nikkei 225 snaps back 10% Haha

This is probably a hard snapback and then grind down lower/sideways 65 VIX! Now that's action baby

With Nikkei -12% and NQ -1143 at one point, I thought we might get something close to Oct 1987 But I guess it's rebounding a little

Man who knows, I don't know anything about currencies But watching the Nikkei get whacked tonight reminded me of that Nick Leeson dude

I wonder if the BOJ reverse the 25 basis point rate raise NQ futures -944 damn haha

Holy Moly look at Nikkei go! Things are getting interesting!

Good stuff thanks bro

Oh I just thought I'd take a shot. I think there's a lot of demand for sushi that will continue to grow in the US and I figure there's going to be one chain restaurant for sushi that works. I also personally like the conveyor belt concept because I don't have to wait to start eating and I like the fact that the company is being run by guys from Japan who proved they know what they're doing. These companies in growth phases tend to be expensive and I figured there's gonna be volatility that results in big ups and downs in the stock and I think the recent 50% crack is probably a decent entry point I can check back on the stock in 5 years and hey, maybe I'll get lucky haha

Bought some KRUS

I've never traveled in Japan but I heard from people who went there that it's no problem if you respect their rules - and bonus if you make an honest effort to communicate in Japanese Oh man if Yen 200 hits maybe I should go there purely cuz of currency

I feel bad for the ordinary Japanese citizens who are getting screwed by the weak currency/inflation but who can endure pain for years without complaining, if not the Japanese? Americans? Haha

Oh yea and their exporters gotta love the weak currency So I figure in their position, why not let it run to 200 or 250? Bring back the 70s!

Haha cool man have fun, strong USD seems awesome for a trip https://www.japantimes.co.jp/business/2024/05/01/weak-yen-boosts-tourist-wallets/ I figure these multi decade new moves tend to keep running and running

Not me bro, 160 now and it seems like it can keep going to 200 Yen to USD I don't see Japan raising rates and Fed doesn't look like it's cutting

https://www.businessinsider.com/astrology-stock-market-trading-gen-z-retail-investors-2024-6 Tarot cards baby, Tarot cards

So GME: 1. has a terrible business that's not turning around; 2. sold a metric ton of additional stock, diluting like crazy; and 3. the original pumper DFV is probably out. And the stock didn't puke out to below $10 already? That sure is puzzling, haha

One of the more fascinating things I saw in my life was this trader shorting Providian Financial (PVN) over 20 years ago. He started shorting off the open around $103 and kept adding until he got squeezed out around $115 for a big loss. Of course that was the high and the stock sold off the rest of the day for UNCH. And of course PVN subsequently sold off to $1 or thereabouts, with the company mired in class action lawsuits. Of course. TV shows and movies from Hollywood? That's drama? Haha come on