Eng12345

I wish I understood the substack model and could find a good collection of free writers. I'm not sure why all these cats think their writing is worth $300 a year. But apparently people are apparently paying it. Mindboggling to me. I always wonder if some of the research desks are outsourcing to substack, ha. That's the only way I can see the prices being justified - if they're getting corporate customers. And yes I'm well aware one good idea will likely pay for the whole shebang, but frankly it's like digging through the garbage on many of them. There are certainly phenomenal articles out there and most writers have one or two good ones, but it becomes very obvious when these guys start pushing slop for article count.

Seems there's real chatter online about some serious troop movements - no real sources and I'm taking it with a grain of salt. Trump is betting his legacy on this and I can't think of anything he cares about more than that.

I sold my vg position today. Looks like they had another arbitration win which pumped it another day 7%. I want it to be a long term but with the vol I think I can snag it a fair bit cheaper.

Idk anything about the facts of the case and frankly don't care to. What I want to understand is: So why isn't the state investigating it? Elections are held by the state, correct? Seems like more federal overreach.

Idk seems like a state level problem. Maybe the republican Georgia Governor Brian Kemp would have initiated an investigation if there was any legitimate merit!

Thank you - I'll check out IBKR. I have some funds hidden over there. Unfortunately I don't manage enough money to justify a bloomberg script and my previous attempts to get third party access have come up short(libraries/schools etc).

Wow deja vu - I just got smart enough to start looking at this a few hours ago and came to the same conclusion. Also in my amateur knowledge I didn't know you could look up individual bonds on fidelity. Its clunky but easy to find the cusip numbers and xref to finra. Not sure if others have a smoother way to find corp bonds/history.

Ive found free ChatGPT to be more useful for daily conversational general use type activities and Claude better for more technical work. Been thinking about pulling the trigger on Claude Pro.

My buddies recently bought a plot of land for hunting. They have fun going down a few times a month clearing it in preparation for next hunting season etc. They offered to let me go in on it and I declined because I simply don't have the time to mess with it. But beyond that I went with them to look at plots - you can't underestimate the power of neighbors sitting behind a screen. We looked at one plot that had legitimate easement access and were with a realtor with a marked truck/UTV. The easement access was via a gated road accessed after driving down 2-3 miles of county dirt roads. While touring the property we noticed roughly a dozen trail cams even though the owner had been dead for supposedly 3 years. Someone was obviously hunting it. On our way out we were surrounded by guys on four wheelers who were making their handgun ownership very prominent. "Just curious what you're doing down this way" etc. Don't have to be a rocket scientist to figure these guys were the ones hunting it and had a vested interest in scaring off any owners/making their lives hell. Definitely got the feeling a 30 rack of Busch Lattes wasn't going to solve that. Looking up the maps afterward we realized the property was surrounded in ownership by the same family under different aliases.

Yeah I remember being tempted to buy land at $400/acre in southern missouri just to say I could. Sure it would now be $1000 an acre (underperforming) if I could ever sell it. Reality is it would be a liability - I'd have to pay taxes on it and think about it and waste my time with some crap hole undevelopable land that if I'm lucky I may hunt once or twice a year. Not all land is valuable. And for good reason. Neighbors can make easements hell. Water rights can make it undevelopable. Access to utilities is often problematic. All while your stuck with a albeit likely small tax liability and no way to offload it. Lots of land sits for sale for years at a time hoping for the next sucker with a dream to come by.

Watching a few youtube videos - claude for excel is very impressive. I'm looking forward to playing around with it and seeing how well it works

Hasn't sharepoint already in essence been disrupted by onedrive?

It doesn't matter if its a trade or wall street type career the ability to think independently is more important going forward than ever before. Tradesmen who can layout a new build, troubleshoot an existing install and see the cost of doing business have always been incredibly successful. Same thing with you finance boys - those of you who can think independently and prove your worth will always do better than the crowd. The cream rises to the top. Lotta ways to make it in this world. Pick one and stick to it.

Ding ding ding! A lot are starting to get interesting. Think this is my first time buying software directly tbh.

Its all sheep to the slaughter

averaging CPNG up

I mean I get your point and it did make me self-assess on some level. But let's be honest the two videos were very different... eh never mind why are we both wasting our time? Have a good Sunday all!

I make so much money inversing the "experts" - even when I'm admittedly not an expert. Nonetheless I always feel and am worried it will blow up on me one day.

Wait you’re saying he should have disarmed ie reached for his weapon rather than putting his hands over his head?

I thought we had a second amendment right to bear arms. He was permitted to carry. He wasn’t brandishing it. He had a right to carry a gun just like you and I.

Looking forward to this one!

Ehhh - you're going to pay taxes on the investment either way if you want to access your money ever. Never mind that fact that when switching investments, you probably shouldn't be looking for a 30% outperformance over the prior investment. You should probably be aiming higher to average lower or to reduce a perceived risk. Nevermind the fact that I don't see how anyone can reliably predict a 12% vs 9% return in stocks into perpetuity. These are businesses that respond to the real world and have real world changing conditions and no matter what taxes are a major drag. Even with that said I'm not sure you're mathematical thought process even lines up. Using the numbers you gave and assuming a tax rate of 25% I don't see how that makes sense given a yearly port turnover and taxation event. (I am by no means advocating for quick turnovers) Actually, as I think about it more wouldn't the alpha of the comparative strategies have to be less than the tax rate? Meaning in your scenario (12% vs 9%) that the effective tax rate would have to be greater than 30% for the buy and hold to outperform? I don't know that this is correct.

Yeah I generally ascribe to this sort of thinking, but the trick is you need incremental buyers at the incremental price. If no one buys it now, why would they buy it higher? This method of thinking/action changes nothing about that.

Europeans lecturing Americans on colonialism is rich. Also pretty fascinating to watch what has happened to Russia's sphere of influence over the last several years. Re Syria, Venezuela/Maduro, Iran possibly capitulating etc Geopolitics is so fascinating, but the truth is none of us get even a glimmer into what's actually happening until decades past.

Idk I kind of ascribe to the Lynch theory that every day is a clean sheet. Every day that you hold a stock you are in effect buying it at the current market price. One in the same.