ratiman

TIKR is a great tool but I'm wondering how people track things like SEC filings. If you have 100 stocks you follow how do you follow the SEC filings on those stocks? Do you use something like Feedly? Or is there some other way to do it, maybe within TIKR?

I just look to see who the biggest holders are. If the biggest holders are Vanguard and State St., that probably means the stock is not that popular with institutions. If the largest holders are Fidelity and Wellington, that probably means it's an institutional favorite. If the largest holders are hedge funds, that will also tell you something.

Please participate in the poll.

You're right, somebody has this information. I don't know if it's valuable info (probably not) but the public might as well have it too if insiders have it.

Basically what the title says. Is there anyone who wants this? I can't imagine who it helps. Small managers probably like the reporting because it's a form of marketingy. It also gives company managements an idea who owns the stock. There'll be some push back against this.

I agree with this. Some hosts are just unlistenable. There are a ton of podcasts and most of them are bad very niche.

You can only pick one unfortunately so pleae pick one.

Online communities probably have a reverse Gresham's law. Quantity wins over quantity. You can complain about the volume posters but they're the ones keeping the site alive. If you show up and there are no posts you stop showing up. Of course there is a point where there is too much quantity but COBF isn't even close to that. There also needs to be a mix of serious posters and trolls. I'm afraid COBF might not have enough trolls. I try to do my part but I can't do it all by myself.

Any company that makes a percentage revenues - brokers, franchisors, mineral rights. In the seventies money market companies made a lot of money, people forget how popular money market funds were during the 1970s. Farmland? Farmers are also going to be hit with higher input costs so I'm not sure about farmland. I think cash flow real estate will do OK but not if you're buying for capital appreciation.

The supply from Petworth and northeast has kept DC prices low. I remember walking around northeast ten years ago and not feeling totally safe, and I walked around southeast ten years ago and was offered drugs from a tinted Toyota and then three DEA agents pulled guns on me. I walked around Anacostia and it was like they had never seen a white guy. Things have changed quite a bit since. In general though I think NoVa is underpriced vs DC because most people want that DC address. Nobody moves to DC from Iowa to live in Fairfax county.

I've read that retail can be as much as 50% of the revenue and 75% of the value of an urban office building. That's hard to believe but if that's true then all these boarded up shops are really bad news for urban office buildings.

With the exception of BBB, aren't the bottom group mostly enclosed mall retailers? And the top group is mostly off-mall?

Why does RESI pay a management fee to AAMC? It's like $4M a quarter or something, IIRC.

The supplier is going to quote different prices based on how quickly Apple pays. TANSTAFL

A big company like Apple will often have negative working capital because it slow-pays suppliers. But why would it do this? Apple's cost of capital is very low. The suppliers cost of capital is very high, often because it has one customer, Apple. By forcing the suppliers to finance working capital, Apple's working capital is being financed at the supplier's COC, not Apple's. Isn't that less efficient? Shouldn't Apple be financing the working capital and in exchange negotiate better prices from the suppliers?

FWIW I looked into this and the cost of getting out of a lease is generally much higher than this. Getting out of leases is really expensive.

Starbucks was in ~350 Teavana leases and got out at a cost of $30M. That was a fraction of the total leases. You can't get out of $200M of mortgage debt by passing the lender $30M. Seems like a big difference but I am an accounting noob.

Cubes are coming back, which means more sqft per employee, but more will work from home, which means less sqft needed ???? The suburban office parks will probably do OK because often there is no elevator and workers drive alone in their cars.

FWIW my prediction is that we'll try to do it the right way (tracking, testing etc), fail miserably, and then the destruction will be so great we'll just go "Fuck it" and go back to work anyway and tell grandma to stay home and order groceries online.

Call My Agent is a good Netflix show about a talent agency.

open insider

Something like 5% of global production will be permanently shut-in and oil declines by 5%+ per year so there are some serious shortages ahead, plus there haven't been any big fields discovered in a long time. Canada with it's non-shale production should be in a good position to provide that supply if it can manage to survive. I know that sounds stupid after a six year bear market in oil but it's not going to last forever.

Google and Facebook don't have significant operating leverage? Datacenters aren't cheap and the cost doesn't decline with revenue, plus the expensive moon shot programs. AirBNB just announced cutting like $800M in marketing, I have to think most of that comes right out of the bottom line of GOOG and FB. If they have operating leverage on the upside, they should have it on the downside.

Canadian energy is at ridiculous levels here. This is a good presentation by a Canadian analyst who has been saying "don't buy yet" and he's finally saying it's time to buy. In general he likes Canadian natgas and dislikes the oil sands stocks, although he does recommend Suncor for the dividend. https://schachterenergyreport.ca/2020/03/black-gold-november-14-2019-webinar-2/ (The video is from March 19) He likes CPG, VET, WCP, BIR, GTE, BNP, CQE, CR, PONY, PRQ, SGY, TXP, BNE, CEU, DO (US), HWO, POU, PD, TOT, YGR Among dividend payers he likes cne, imo, su, tou. Among infrastructure dividend payers b, ppl, trp.

This is going to a cash squeeze recession. Tthere are going to be a ton of otherwise healthy businesses / assets that simply run out of working capital or immediate cash and face a very difficult cash squeeze (many of these will be private companies). Buyers with a good balance sheet should do very well. I think you'll be better off holding the acquirers instead of the companies short of cash. So maybe a company that has a history of acquisitions and a good balance sheet. Radiant Logistics has a history of acquisitions and just increased its credit facility to $150M.