brobro777

Bought some NTDOY Blades of Steel for NES was a really good game

Olympus has maintained dominance (70%) in the global endoscope market for years (https://en.wikipedia.org/wiki/Olympus_Corporation). I read about them years ago when they had that gigantic accounting scandal and the stock puked out to 200 or 300 Yen I think Japan and Europe have these high value specialized manufacturers that dominate their niche and the dominance endures because the customers trust the established dominant player and it would be too costly for a new company to enter and compete

Credit rating guys like Moody's: Even after that the big subprime bust, Buffett said he still gotta pay what Moody's charges even though he would like to pay less: https://www.youtube.com/watch?v=P88bbG8Du58 I think from 2010 to now MCO went off like 25% CAGR vs 14% SPX

That's another thing - if you've been using particular software for years and you're used to it, using stuff like hotkey shortcuts, you don't wanna learn new stuff, no way Like Godfather 3 I thought I was out but MS Office pulled me back in

Yea no prob bro I try to make bets in situations where the company's got customers by the balls like cigs/tobacco because that's where I've done the best Years ago I was reading these comments by Reddit funboys who supposedly worked in the industry whining about Adobe: how they were going to switch, other software is superior, Adobe is ripping them off, blah blah blah. I didn't have a position in ADBE at the time so I thought meh, who cares Well years later the reality is Adobe continues to grow paying subscriber base (https://prodesigntools.com/number-of-creative-cloud-subscribers.html). But those guys on Reddit all said Adobe sucked ass, what happened? My guess is they may be right about Adobe sucking ass, but they keep paying because they got no choice, Adobe got them by the balls. I understand ADBE can continue to sell off - from 14X Free cash now maybe it'll go to 11X like MSFT in 2011. But I think over the long run you can make decent returns without excess risk

Bought some ADBE

That's a good point and that's the kinda shit that makes these established industry standard software valuable in my opinion. Your designer dude may think Adobe sux ass and other stuff is superior and this assessment may be totally correct. But he's still paying ADBE cuz of stupid fonts or files sizing or compatibility issues or whatever, right? ADBE is still getting the money, their paying subscriber base is still growing Many years ago I tried using Open Office cuz I thought fuck you MSFT, I'm not paying for your Excel/Word bullshit, look at Open Office it's fairly decent and free! But I returned to MS Office because there would be these weirdo compatibility issues or column sizing or annoyances or whatever that pissed me off - what do you know, years later MS Office still printing money

Boy you value investor guys are harsh as hell - newspapers from 2000? What you gonna say next, Adobe Creative cloud with 41mil paying subscribers is Yellow Pages? Damn!

Yea this is what happened with TTD I think - executed well for years but underperformed and got destroyed last year

I think my personal bias is probably pushing me to ADBE. In June 2011 I bought MSFT for average cost of $24.26 but I sold that shit way too soon, making me feel like a dumbass, and I've been looking for a similar opportunity I mean there are similarities: universally hated (for MSFT, Windows phone fail/Ballmer sux as CEO/Windows OS losing market share in 2011; for ADBE, all this AI stuff now); large established user base using their product as industry standard (for MSFT, MS Office/Windows; for ADBE, Creative cloud); great cash flow used to buy back shares; and stock underperformed vs index for many years Boy back in 2011 I never thought Ballmer would own the Clippers one day...

Very good point

Yea man I'm too dumb and lazy to do grinding hard work/analysis so I just try to absorb stuff over time and take shots when it feels okay, doing my best to free ride off other people's hard work. This is what has worked for me and with individual names I keep my positions small but with stock indexes, I have done well with much bigger shots - last year I even kinda surprised myself, going in with buy order for NQ at 16800 when the low was 16452 or something I'm probably flapping my gums about ADBE a little here because years ago I read about how they successfully transitioned to the subscription model for their software that I found impressive

Yea dude during the last 5 years the company bought tons of stock because the underlying business continues to be profitable and growing I get the argument about AI killing creative jobs that require the use of ADBE stuff. But I get the feeling you're still going to need a lot of peons to sit there and grind out work product in these creative fields - using ADBE or any other software - and that all the projected efficiency gains from AI will be underwhelming 5 year performance for ADBE is like -33% vs 81% for SPX. Holy moly talk about hated by everybody even though the underlying business remains good

ADBE 5 year return -33% You may be right, worth a shot from here!

https://www.ft.com/content/9036fb08-51ce-4008-b7b0-3321ea8f3ce7 Lab Monkeys to outperform SPX in 2026!

Maybe, If da price is right and da juice returns!

You know I always wondered, who the fuck buys these bullshit online courses - and yet there she was, scraping my teeth, going on about how she believes in crypto and telling me her friends bought that shit too If people like her and pension funds bought crypto, then who's left to buy....

Whatchu talkin bout, Willis, IBKR is paying me a cool 3% interest! haha

The hygienist, she went on and on about crypto in general, not specifically BTC When I didn't have that suction thing in my mouth I kept telling her to cash out and walk away but she kept saying she believed in crypto But you're right about difference between shitcoins and BTC

You're way better informed than me but the way the dental hygienist went on about crypto and online courses when I went to my Glendale dentist this month seemed like a pretty bad sign Online courses bro, oof

3 straight years of double digit returns in SPX? Could be a down year next year!

Boy it sure does feel like crypto lost its juice It could get it back but could take a while

Not an investment but a trading idea - short Silver futures at some point in 2026 Could be good gains but long or short, it's probably gonna be scary as hell with da volatility

Chiseled for an 1/8th! Haha

I agree - maybe a chance that it hits $100 in a blow off top I should probably sell all the pre-1964 silver quarters I had since the 1990s, haha