LC

Hah, I probably come off as more of a bleeding heart than I truly am, but I am glad I provided some entertainment value, at least!

Goofball post. Funny how like 2/3rd of the mentioned companies are some of the strongest contributors to the US economy over the past 10-20 years. Add in some other software giants where the same behavior exists (AWS, Azure, META, most of Google) and it's literally the engine that has kept this country's economy at the forefront globally. Guess they should've made software great again by employing ex-coal miners at 12hr shifts for less than minimum wage

Who would've thought mimicking petabytes of 4chan, reddit, and yahoo comments could only take you so far? I think this is an expectation problem, rather than an execution problem. Current iterations of generative AI can provide a ton of time saved when applied to bullshit bureaucracy. We see 20-25% time savings with reasonably high accuracy. Apply that to the red-tape layers of industries like government, healthcare, finance? That is a meaningful amount. I think one of the challenges is implementation. How does a 50+ year old company still using Cobol, jump into using Claude or Gemini? It is a big step for them.

Do you mind sharing the names?

And POOL. @Saluki, maybe they are reading your posts? Warren is lounging by the in-ground, stuffing himself with pepperoni slices and cinnamon twists. Good on him!

Freaking hell, I really timed my exit of PCYO poorly. And well done on the FNMA (Trump) trades. That was a solid trade going into the election. What am I learning here? I am a big ole dummy. Bought MSGE yesterday and today, I have a decent STNE position but might add to it as well.

Fair enough, I thought you may have worked in the industry and were seeing some early indicators.

What makes you think the market is finally softening?

Let's invert - if BTC collapses in 10 years, what would be the reason? Would you still want to own it?

Well let me first say I am extremely jealous of all the Bitcoin bulls. You have made lots of USD and so congrats. I wish I would have just gotten out of my own way and bought some like my buddy Nate told me back in 2012. That said, I still don’t see the use. Ease of transfer? It’s very easy to send USD. I don’t think that alone is really a valuable feature. Venmo, Zelle, etc… ”Hard money”? Gold has existed for a millennia. There’s a reason we don’t peg our currency to a fixed asset. The fixed nature is a bug, not a feature.

it does scream classic Buffett to strike some deal where OXY pays him a percentage to accumulate enough stock to block any takeovers.

The comments on reddit about Combs as Geico CEO are pretty brutal - even for disgruntled employees.

Same. I sold some calls that will get exercised, also took the opportunity to trim further.

How do you find that algorithm functions? I see it all the time but I have no idea how it works, so I just put limit orders in at the bid (if it's a 1-cent bid/ask difference) or just calculate the midpoint myself.

Adding back the 87$ in fair value increase, we still trade at about 1.2x BV.