brobro777
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Everything posted by brobro777
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Man this show is really entertaining I wonder how it ends, who gets away the money!
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$23, -17% ouch! Another hilarious day watching from the sidelines!
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I don't know man, but it feels like if this thing was done-zo, it would be down way more now, like below $20 or $15 If it holds up and ends around $30 today? That could mean there's still juice I mean I'm just laughing from the sidelines, so who knows
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Yea I think there could be one more rip Could be one more
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See this is why I can't watch scripted TV shows and movies Why watch those when you see live action like this
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$62 -> $43 pre market That's action baby
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Well I for one am tuff enuff to admit that I am mad jelly of these guys making $$$$$ off GME Mad, mad jelly
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Sometimes I go to these boutique coffee places in LA, along with a trip to Erewhon Then I wonder how I ended up in Los Angeles, just how it happened
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Oh I agree with you, I'm lazy as hell and I just wanna copy other people's good ideas
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I know that I probably have a doom and gloom bias due to experiencing the Dot Com bust and Subprime Mortgage crash in my younger years so I've countered myself and stayed long Some stuff did work out though, like TSLA
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Agree about SBUX - when I used to go to the office instead of working from home, I constantly loaded my Starbucks app with gift cards usually bought at discount. Add in the Stars rewards system and I used the app incessantly, meaning SBUX got to use cash for free and dedicated loyal use every single workday. And having money in the SBUX app probably led to my spending more in the store Even though SBUX is UNCH since 2019 I think it can recover and be great again
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I didn't believe Disney would ever have a real competitor but Universal with Harry Potter and Super Nintendo World might just do it If this momentum continues along with more Mario movies then NTDOY could go on a long run baby, long run
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All I know about this kind of stuff is Charlie Munger talking about time shifting of energy that would require massive battery storage, and BYD possibly having a role in that in the future But small companies, I dunno - sounds like a lot of annoying reading involved
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In a market panic what are you buying?
brobro777 replied to coffeecaninvestor's topic in General Discussion
Probably S&P Futures and Los Angeles real estate -
Why Do Investors Feel Entitled to Every High Water Mark?
brobro777 replied to Gregmal's topic in General Discussion
Well it's because people aren't investors and they want a lot of money really fast without hard work or discipline I have a buddy who opened an Etrade account back in the 90s because they were offering some kind of bonus and he bought Viropharma for less than $20 and sold it at $100 because the company said some news about the common cold. And ETrade kept crediting his account with this supposed one time bonus over and over again and when he pointed out the mistake, they let him keep all the money That's the way life should be, money for nothing and chicks for free, so why shouldn't they be entitled to the high water mark? They deserve it! -
Scuttle Blurb had an analysis of ADSK years ago that I thought was decent: https://www.scuttleblurb.com/category/adsk-autodesk/
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Reminds me of the time when stocks traded in teenies!
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Stocks that did well 2000-12 (when S&P500 was flat)
brobro777 replied to thowed's topic in General Discussion
MO did CAGR 21%+ from Jan 2000 to Dec 2012 I think, div reinvested -
Assholes, the good the bad and the ugly
brobro777 replied to DooDiligence's topic in General Discussion
Steve Jobs was an asshole and I made money off Apple... I dunno about asshole avoidance - I've known small business owners who were quite successful and also assholes -
The holy quaternity of a 2024 value investor:
brobro777 replied to Luke's topic in General Discussion
Ouch why you gotta dunk on my Marlboro stocks man What is this the Corner of Breaking Balls and Fairfax? -
See through pants! https://sports.yahoo.com/mlbs-fanatics-produced-pants-blasted-by-players-union-chief-pants-are-see-through-002616265.html
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I dunno about mental models but what works good for idea generation is to bet against dumbasses. I pay attention when these guys talk, as it's usually a good idea to take the other side. It's kind of amazing how reliably wrong these guys are - like 15 years later they're wrong yet again. And I apply this to myself too. Sometimes I will look at brokerage statements from 11 years ago to remind myself how dumb I was with some industry or company and go, well, I was a moron then and I'm probably the same moron now when it comes to this industry, so I guess I'll just stay away. That saved my ass a few times over the years
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This is good stuff, thanks man
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Here are some interesting stats about Gold returns https://awealthofcommonsense.com/2024/03/whats-the-investment-case-for-gold/
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Oh man all this talk of Gold reminds me of Bre X