Eng12345

MATR.TO? Good to see another holder here

Your point is well taken, and I generally agree but at the end of the day you can't eat a BMW.

Am I the only one who just realized his handle is a Bill Murray movie and he's not a professor and that's not his real picture on his avatar? This is why I don't invest in memes - I'm a total sucker.

Yeah it's going to be brutal for the food banks. Shut down + loss of SNAP benefits is going to be hard on a lot of people. Remember we are all blessed to have the means to participate in this forum.

I just came over to post this article - certainly good article and the idea of the a 4 million barrel a day surplus is wild. Surely we will see more pain in the oil markets.

Idk — you do a lot more trading and moving in and out of stocks than I do. You're also in a different position than me, since you’re retired while I’m still relatively young and working. With that said, I think it might be valuable for you to look at it another way. If you’re making market returns, you’re probably beating ~90% of retirees, most of whom are sitting in some kind of lifecycle fund or bogged down with “low-risk” stuff like bonds—or whatever else financial advisors tend to push on older investors. (I’ll skip the treatise on what “risk” even is, and why the financial industry defines it the way it does—we’ve all heard the various value-related maxims.) I’ll also skip the treatise on why the S&P 500 is considered the best benchmark. It doesn’t really make sense on a big-picture level. The best-performing companies of the most affluent nation are what we’re supposed to compare everyone’s returns to? Why? If the whole world invested in the S&P 500, where would that leave us? Not to mention, just owning the S&P 500 comes with its own risks that many people understate. I know the above is a bit rambling, but when I read your post, it wasn’t entirely clear to me why you invest if your performance is just comparative to the S&P 500. If that’s the standard you want to measure against, then why not just buy the index? Now, if I were you, I’d probably look at my portfolio and say it has much more upward/right-tail potential, and that would be fair. But if you have more upside potential while ending up with the same returns, do you really have the same returns?

If you really wanted to maybe you could run a python script to extract the text and poster and then upload that into a LLM? Not sure that would be super useful though. The sad reality is in any given thread there is a large amount of noise. Reading it is the best way I would think for fundamental type analysis and scrape out the chaff. Its funny I've had similar thoughts about creating some kind of trending python type script that scraped X/reddit/other sources to try and grab some momentum stocks for trading. Then I realized theres people much smarter than me who actually know how to code who this would be a trivial matter for. Those people have probably already tried it. Though maybe they don't say much because they are making money. Or maybe because it doesn't work.

Getting Rich on Rocks I know there are a lot of you guys who are fans of aggregates etc. I thought someone would enjoy this story.

If the federal government can't get the Canadian drug trafficking problem under control, why would they be able to get Chicago under control?

No I'm just here for a smaller federal government and don't think federal intervention is good! We the people want a smaller federal government. Stop the federal overreach!

At what level of crime do we define lawlessness? How should we measure when federal intervention is okay? Surely we shouldn't have federal troops patrolling Hilton Head, SC because the crime rate does not match and an MRAP would mess with the vibes. But what is the numerical difference? I think being able to articulate this is /important/ else you run the risk of it all just being some political theatre not aimed at fixing the actual problem.

Isn't that what we have a democratic process for? The local level leaders are elected to solve local level problems. If the people are not happy they can vote in the ballot box or with their wallets (by either leaving or campaigning). Again why is there a need for federal intervention? Even if the leaders were derelict in their duties we can solve that every what 4 years?

They're trending lower than they have historically. Where's the national emergency? Why are we invading Chicago? I don't see any reason for federal intervention on a state/local level problem. Send the navy SEALS up the Chicago river! We got a hot LZ in Chinatown! Maybe ICE can setup some mortar positions off the Willis tower! Should be able to fire for effect on most of the city from there and cover our landing site on North Ave beach. Once we can get some armor landed we can begin to push west and start pulling route clearing operations on Michigan Ave until we link up with our boys in Chinatown and the Willis tower!

Don't let numbers get in your way!

+1 If there was any 2nd order thinking I think the goal should have been to drive as big of a wedge between China and India as possible at most any price.

The thing with all of this that I can't stop thinking about and don't see anyone else talking about is that this AI boom seems to be taking these asset light, FCF generative businesses and turning them into very capex heavy businesses that will have high ongoing maintenance costs, whether that be for the power generation, the data centers, or the cost of upgrading the chips/servers regularly. This is the main reason I have held out on alphabet recently. Honestly seems like long term there should be a multiple reduction for some of these companies like alphabet etc

That brings me back to- I’ll have to see if I can dig it up but I thought I remember hearing a Boeing exec or CEO specifically saying they planned on squeezing suppliers. Which made me think of Transdigm who seems actually pretty easy to squeeze if you’re the OEM.

DSGR - for the smallest of gains after two years. Dead money for too long. After really thinking about it - it is just too hard to fully analyze. They are rolling up many small private distributors, and although I think that idea has merit it is too difficult for me to know if the purchases are accretive. Combined with one major controlling shareholder (Luther King Capital Management) it is easy to envision scenarios where minorities are taken advantage of. Honestly, with LKCM owning 78% I'm not even sure why they are public. Well actually I do know - just so they can underwrite their debt. That combined with the larger macro trends driven by the current administration that will continue to make the distribution business harder I'd rather have the dry powder. A few weeks ago I was underwater by 20-25% and wanting to get out so I'll take my opportunity now. I know not many on the board were interested in this one, but writing this all out for my own posterity.

I've been watching some Aswath recently as I am coming to a sharp realization that my accounting/financial knowledge is severely lacking and that what I've been doing to date isn't true investing but rather extended trading to some extents. As such this came up in my shorts feed and I thought I agreed re: Security Analysis. Figured it would kick up a firestorm here!

I'm in the STL area so not a lot of vacation homes etc, but there are plenty of people out here in the suburbs who have no idea how to do anything for themselves. Just the other day my friend called in a mutual friend to hang a picture in his apartment! The thing that has held me off of this is my main gig would take priority, and I think I would have a hard time developing a good clientele base only being available ~6 months a year. And I need to look into if the insurance payments would be worth it. I'm not 19 running around with a truck and not a dollar to my name anymore. If I were to be sued, it could be very costly.

Yeah it's an interesting question I've been pondering a lot recently. I'm a field service engineer so I end up with long spans of time off - say anywhere from 1-3 months at a time followed by 3-4 months of 7x12s. One of the reasons I decided to take this job and get away from traditional role in manufacturing was that I would have the time to explore side ventures like this. I've tried the selling on ebay but I seem to be getting hit with fees majorly so I can't recommend that. I'm looking into finishing my basement myself - I figure I could get another 75k of home equity out of that plus the space (though I don't need the space). That would tie me up for the next year or so to do myself I figure. I've also thought about some small-scale product design and sales (and I have a few ideas for various knick nacks I think I could hock as custom gifts) but the effort there is so huge seeing as I am absolutely horrid at 3D modeling. Maybe I should just pay some college kid to do the design High level bouncing around the idea of buying a work van and running a handyman service during my off time. Other thoughts also include being present with my wife and family but I am a greedy whore who perpetually feels behind and needs to buy more stocks.

Sold SMNEY after a year it was a 4.5X - probably one of the best returns I've had on a long only position, I think. Now to just do that 4 more times. ha! Got out of my BAH position the other day with the tiniest of gains - decided to quit picking up pennies in front of the steam roller.

I think the forum is having difficulty with youtube embeds @Parsad I just see a black box and also see it on other threads.

In simplistic terms - why didn't President Trump address this cRiTiCaL issue in 2016-2020