spartansaver

This one has a paywall for me

+2

It's funny how it can be such a well known fact yet also a starting point for the majority of the buyside community. The blind leading the blind.

I've always thought Burberry has potential. Just been following. New CEO in place. Capri scares me, they buy brands and whore them out. Not sure how sustainable that is. LVMH, Hermes, Kering seem to be building their brands.

For those of you that have meaningfully outperformed previous bear markets, what was at the center of your success?

MNRO

Picked up AH but decided to sell upon learning more about the capital structure (it's awful and in some ways disingenuous).

Starter in BROS

Starter in MSGE. Thought the call was good, but what do I know.

BABA Leaps

Is that you Whitney?

I'm loving watching some of the crap out there getting hit. I definitely have a fair amount of shitcos at any price schadenfreude going on.

This type of example is much more fun to study. A fun read is Billion Dollar Lessons. Plenty of similar examples.

Shouldn't a thread with Politicians in the name be moved to the politics section?

A lot of international companies start that way on their statement of cash flows. I think it's somewhat discretionary.

Merry Christmas & Happy Holidays!

I purchased yesterday. Spoke to several Schwab brokers who seemed confident everything would be good. Always a chance they're wrong. I took the plunge and made it a big purchase. Tendered at $440. I don't want to remain an owner if the tender falls flat.

Go through the 70's letters. Inflation wasn't great for insurers. From what I remember, they had a tough time keeping pricing up with claims.

So much of life is how you view it (nicely done AWS). Here's a link to a guy who just couldn't let it go. https://www.newyorker.com/magazine/2021/12/13/half-a-billion-in-bitcoin-lost-in-the-dump

Aging population seems like a catch all for everything Japan. It may have had an impact, but I’m not completely sold. On a separate theory, wabuffo has stated that he believes higher tax rates lead to higher inflation and the opposite holds true. In Japan’s case the income tax rate fell from over 50% to slightly over 30% over the past 25 years. I wonder what else may be at work.

Why has Japan had little to no inflation for the past 25 years despite running a meaningful deficit during that period?

BABA Leaps 100 strike

I'd reiterate LC. Listen to the practitioners who've made money investing, not the MBA's who get wealthy by managing money.

I'm asking SD if I'm understanding what he wrote. I'm not sure that's what he meant and I was hoping he might be able to clarify.

I just want to make sure I understand you correctly. The bond market is saying that the central banks have everything under control. In order to believe that they have it under control you need to believe that inflation remains low. The aggregate demand equation is a useful equation for understanding inflation? To believe that inflation remains low you need to believe that a combination of: private investment declines, net exports becomes more negative, or government expenditures decline; all relative to the rise in consumption. If this does not hold true the bond market is wrong?