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Everything posted by LC
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I echo the sentiments on readability. I attached two screenshots here to show. The first is DD's comment above, in this thread. So much wasted space on the screen. The second is opening the first page of a forum topic. To actually read the thread's content, we find the first post by muscleman finally occurs at the bottom 3% of the screen.
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A much higher probability MLB will still exist in 20 years vs a consumer retailer. Same bet I have on cigarettes. In 20 years I think people will still be smoking tobacco. Have for thousands of years, I’m guessing the trend will last another 20 years.
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Asked and answered already:
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Forget trying to pick winners/losers, one exercise I always found interesting was simply trying to determine which businesses would still be around in 20, 30 years (and not as a shell of themselves). If you can do that, just bUy tHe DiP as they say.
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I bought some Visa a few days ago after the bad news.
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Hi Sanjeev, Two suggestions that I see were not mentioned (of course feel free to ignore if they are impractical or you disagree): Can you expand the profile picture size limit? 50kb is pretty small. Maybe 2 or 5 MB? Is there options to change the forum "Look" e.g. a dark mode or other themes? Also it appears when you click a member's "profile" and it shows the post history, the viewing of those post history is not formatted. And, can you explain what the "reputation score" is and how it functions? I'll add any more suggestions as I encounter them.
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Thoughts on a Data Newspaper that eliminates or minimizes stories
LC replied to LongHaul's topic in General Discussion
There is a relatively small % which prefer this. The FT/WSJ was like this for a while, they are probably still some of the closest you can get to objectivity in news reporting. But there is a reason that most news outlets have gone the opposite way - it keeps customers engaged longer and is therefore more profitable. -
Congrats on getting the new site rolled out!
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Got my 1/2 pfizer shot on Sunday, other than a sore shoulder which lasted about 16 hours, no ill-effects (knockonwood)
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Here's a quote and a photo for some visual aid from an article entitled "How do vaccines work"
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If this topic wasn't political I wouldn't be interested. Just like I'm not reading topics about the flu, common cold or hay fever. The fact that it's politicized is why it effect me (and probably almost everyone) It affects most people because millions have died.
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Gotta bring back the politics section for y’all ;)
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I’ve got friends who are just getting their taste and smell back after 8 months. I’m getting the vaccine because, frankly, life sucks if I can’t enjoy food and booze. Plus just look at the excess deaths over the last 12-14 months. People have no problem getting vaccines during childhood and annual flu vaccines for much less.
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Consumer credit is similar in structure
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Agree with kab. I bought BTI A few days ago, so cheap despite maybe not having as great brands as Altria/PM
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I would imagine settlements can be netted. And brokers fronting $ is money good, I would imagine that is not a source of major instability or there are deeper issues in the plumbing, so to speak. I don’t find either explanation adequate, frankly.
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I have no comment on the veracity (or the legality - CFDs are illegal in the US so they would have to have a legal structure that is right-on or over-the-line), I just thought it was an interesting take on the situation, that perhaps folks here would not usually be exposed to, perhaps for good reason! :D
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I wasn't sure where to post this, but saw an interesting piece over on WallStreetBets which attempts to make clear some of the GME trading experience, I suppose informed by the recent congressional hearings on the topic:
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VNT looks interestingly GARP-y.
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Thoughts on adding Book Notes to the Books section of books we have read
LC replied to LongHaul's topic in General Discussion
Yeah, I would prefer the same thread, but the problem is that people won't know which books have notes and which ones don't unless people check out each book thread. Cheers! Perhaps there is a way to flag threads in the title? A star, or different color text, or some other means, to indicate that someone has (generously) posted their notes. -
Thoughts on adding Book Notes to the Books section of books we have read
LC replied to LongHaul's topic in General Discussion
I think it is a good idea, but do we really need another sub-forum, or we can just post any notes in the same thread of the book? -
We both must be happy today. "LATHAM, N.Y., March 16, 2021 -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, announced today that it will restate its previously issued financial statements for fiscal years 2018 and 2019 and its quarterly filings for 2019 and 2020, which will be disclosed in the Form 10-K for the year ended December 31, 2020 (the “Prior Period Financial Statements”)." Sheesh! Thanks for sharing. Frankly I hadn't checked any financial news after noon, will make the night's cocktail extra tasty :D And more generally, thanks for sharing the overall idea. You were able to articulate it well. I found this one attractive because it stacks quite a few things in my favor, essentially taking a directional bet + a hedge, all in one: -A bet against the crappy underlying business, and a crazy overall valuation, as you described previously. Normally I wouldn't short something just based on valuation or disagreeing with the underlying business/technology. -A downside bet on Memestocks/WSB exhuberance in general -Inverse exposure to both (1) rising rates and (2) a market rotation out of the tech sector, and therefore a hedge against my substantial long positions in "stable" tech co's eg. MSFT -A highly volatile stock where you can get a lot of potential exposure for little upfront costs I think if you can find effective portfolio hedges (similar inverse market exposures), which also agree with your view on the individual name, and if you can get that exposure cheaply, then that is a pretty attractive bet.
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Not sure but they do have some Toyota testimonial on their website, and published Sprint as a sponsor back in 2018 (not sure if still a sponsor). I would imagine you could start watching a bunch of documentaries on the service and see which corporate pre-rolls pop up :D
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I wouldn't say bad, I would say very inconsistent. For example: 2020 I moved a lot of accounts over to IBKR and as such triggered some knowyourcustomer baloney. So someone at IBKR reviewed my accounts, the timing/amount/source of money transfers, etc. and I received some standard email asking questions and requesting account statements about the such. Now, I am a reasonable person. I'll sit down for 5 minutes and reply to your questions, but I'm not about to spend an hour digging up old account statements to verify money flows. So I simply ignored that aspect of their request. To my relief I received a response next day, saying "all good! thank you for the explanation!", and that was that. Anecdotal but make of it what you will.
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Start a thread! It looks interesting. I bought some CURI last week. Bit pie/sky -ish in terms of subscriber growth potential but it seems like the product is a good value and has ancillary markets (libraries, schools, museums, etc.) rather than a home consumer target. Also bought some Alibaba, for reasons everyone has mentioned. The market is already pricing in all the regulatory worry and none of the growth potential. Maybe the market is right but I feel the current price already reflects that. But wait, there's more: https://www.wsj.com/articles/beijing-asks-alibaba-to-shed-its-media-assets-11615809999
