Intelligent_Investor

Lmao this dude is a clown. Imagine shorting Microsoft or Amazon because its 18% overvalued based on what you think fair value should be. If I was an investor in his fund I'd be pulling capital right now because he obviously doesn't know how to manage money. Probably has a burner on r/WSB

I'd assume quite frequently...big tech can move tens of billions in market cap in a single tick

People are realizing rates and monetary policy will barely make a dent in inflation if you have a government that is gonna rain fiscal stimulus from the sky. Rate cuts generally only effect that ultra-rich and wall street, not as much main street. But fiscal stimulus and policies such as rent moratoriums, student loan forgiveness etc all puts money directly in the pockets of the average person who then goes out and spends driving up prices. Cutting rates will lead to asset price inflation, not inflation of every day items, and most assets are owned by the rich anyways who are have a lower propensity to spend vs the average middle class family.

IIRC they are investigating if dirty fuel was the reason for the power loss

Depends on timeframe tbh. 3/4 will probably not be great long term compounders, so if your time horizon is decades and not years it might be better to go with stuff like tech every 2-3 years when they get cheap for no damn reason.

I feel like they always have, Warren once he got big enough knew one of the biggest risks to Berkshire was political risk so he wants no part in that at all

I wasn't alive long enough to take advantage of Berkshire's huge run before the 2000s

Wouldn't that be insider trading if Muddy Waters shorted due to knowing insider info that a large shareholder was selling? That sounds pretty illegal to me

Honestly if he wants to short a few more shares I can lend him mine. Just gotta call me up

Most short sellers are frauds themselves is what I've found.

Fiber buildout makes a lot of sense for large telcos trying to replace copper networks to reduce opex, as you are trading a high upfront cost for lower run rate opex, which only really pays off if you have a large enough scale. Not sure how the economics shake out for smaller players

Can you do custom metrics or average over a certain time period on TIKR

Over a short term on pure valuation I think there is a good chance small caps can beat the Mag 7, but long term its very hard to beat a capital light business that can compound equity at 20%+ for over a decade

Tbh churning CC rewards is probably higher ROI given there are methods you can float the spend

Its very rare, most screens just turn up pages and pages of shitcos. Computers have really arbed the shit out of certain types of stocks

Its kinda hard to find cheap growth-ish stocks unless you are willing to back up the truck when megacaps get wrecked for some reason. You could've bought META, GOOGL, and AMZN for $90/share or less just a year ago and Chinese tech can still be had for less than 10x FCF. I've had quite good performance finding low growth, but high quality small to mid caps and buying them dirt cheap. Signet jewelers was trading for around 5x normalized FCF just a few months ago, but they aren't really a growth stock.

Close to $1k USD

I see. I've seen small caps in the 100M-200M range with options, so I assumed it would be possible to find something a bit under 100M with options, but I guess that might be very rare

I feel like with true nanocaps that are undervalued the play is probably LEAPS, because most are either value traps or multibaggers, so the end payout even if owning the common stock looks a lot like an option payout anyways. The option leverage will in turn probably turn a 5x return into a 50 bagger

Probably gonna start selling my position in SIG if they hit the 105-110 range again. I was out of the country when they got to 107 last month. 105-110 is close enough to fair value that it won't be worth trying to squeeze out a few more bucks per share, so I'll take profits at that range

I love Warren as much as anyone, but Charlie was the guy that I really connected with and modeled my investing after. Rest in peace Charlie, your legacy will live on in the thousands of value investors you inspired

I think they should do away with special treatment of LT cap gains for people with a net worth over a certain threshold.

Starting to liquidate mine and rolling into short term treasuries

GGLL and AMZU. Went long 1.5x etfs on GOOGL and AMZN when they were trading in the 80s and low 90s, taking profit now on the leveraged positions, but not selling actual GOOGL and AMZN shares

I like using a reverse DCF to sanity check my assumptions.