brobro777
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Everything posted by brobro777
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Yes AXP Salad Oil scandal
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Haha yea Bania!
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After watching that episode of Seinfeld where some comic tells Jerry, That's Gold!, me and my buddies have repeated Gold! for decades. My take is Gold is probably ok but BTC got more juice
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Damn Not bad BTC Not bad baby
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https://www.youtube.com/watch?v=zceqfQCkLyU Why use skill when you can use astrology Haha
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Well I did have a neon yellow FUBU jacket back in the 90s I did
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Well one place where we haven't hit the top is the homeless population in LA - 80% increase since 2015, new highs! https://www.latimes.com/california/story/2023-06-29/la-county-homelessness-unhoused-population-count-jumps-increase I remember years ago a friend came out from NJ on business and I took him on a stroll through Skid Row. Haha that was hilarious
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My approach focuses on recognizing that I am not smart enough to come up with good ideas and I am too lazy to put in the work necessary to get brilliant insights. So I try to free ride on other people's good ideas. Who has good ideas? This is a personal observation but I think people who know what they're talking about tend to readily admit to what they don't know - it seems they know what they know and they really know what they don't know. Another way to get good ideas is to find guys who always buy at the top, kinda like the shoeshine boy giving stock tips to Joseph Kennedy, and bet against them
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Yea bank bonuses are good but real deal are the credit card bonuses. I remember years ago cashing out a ton of Amex MR points via Charles Schwab at 1.25 cents per point. And no taxes to pay unlike bank bonuses! That was pretty good haha
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Anyone consider themselves a cigar butt investor any more?
brobro777 replied to coc's topic in General Discussion
Hiyooooooo -
All I can tell about insider trading in the US (and other countries too, it seems) is that the authorities will go after pikers and make examples out of them so they can give each other high fives and promotions while the whales laff to the bank Martha Stewart as exception? Maybe but more likely in the making an example category
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Nikkei makes decades new highs while Hang Seng makes decades new lows I never imagined this but here we are
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https://www.reuters.com/markets/asia/japans-nikkei-breaks-35000-first-time-since-feb-1990-2024-01-11/ First time since 1990!
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Prices of eggs and used Toyotas in southern California are not falling anymore Uh oh
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12 years to build a Target in LA - https://lamag.com/featured/hollywood-target-opens Haha
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Holy moly look at the juice running in BTC
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Yea I bought some too
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I agree that's a good point about familiarity Yet another thing about doing the work in micro caps or anything really is that some people are better at research and analysis. Like that guy at https://www.scuttleblurb.com/ is way better at research than I will ever be (helped me make good returns off TTD years ago). So guys, keep posting your research and ideas on this forum - I wanna continue the free ride!
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Yikes these micro caps sound like an absolute ton of work I'll just stick to free riding off other people's good ideas, thanks
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https://finance.yahoo.com/news/investors-lost-195-billion-shorting-012139363.html Ouch!
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What are you listening to ? (Music thread)
brobro777 replied to Spekulatius's topic in General Discussion
I like ACDC better but this is ok -
ADSK! I read about the company from this scuttleblurb guy that I think does good research: https://scuttleblurb.substack.com/p/adsk-dassault-ptc-simulation-cad I think you're right, it seems like ADSK probably has the customers in that industry by the b...
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I don't like saying it but I think you may be right about Bitcoin
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How Does the World’s Largest Hedge Fund Really Make Its Money?
brobro777 replied to james22's topic in General Discussion
I think it's understandable what the writers are doing. They have to try to sell books to dunskys like me, an average guy in LA working some job and they need something sensational to take my attention away from Beavis and Butthead. What better than huge sums of money and secretive conspiracy sounding stuff sprinkled with weirdo personalities? And if things get misrepresented here and there, well that's how the sausage gets made I'm not reading hundreds of pages though, no way bro, that's for nerds -
Yea out with specific names cuz I'm too lazy to do stuff like read 500 pages a day of boring industry reports I have a feeling though Sharper will give all kinds of names that remind me of Bre X Maybe I'll just XLE and call it a day