tooskinneejs
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What are you listening to ? (Music thread)
tooskinneejs replied to Spekulatius's topic in General Discussion
I am as old as many of you. And while I love music from the 80's, 90's, etc., I also love newer music - something I'm not seeing much of in this thread. So for that reason I'm going to encourage you guys to try out some younger artists that are great (in no particular order): Grouplove - Moving and infectious, uplifting rock with two vocalists. You may know their song 'Tongue Tied.' Examples of other great songs: 'Deleter,' 'Welcome to Your Life,' 'Cheese,' and 'I'm with You.' Noah Kahan - Vermonter who plays folksy acoustic guitar-driven music that has a lot of emotion. Examples of great songs: 'Northern Attitude,' 'Stick Season,' and 'She Calls Me Back.' Dinosaur Pile-Up - For those who like their rock a little harder. Listen to their album 'Celebrity Mansions' and check out songs like 'Back Foot,' 'Round the Bend,' and 'Long Way Down.' You'll hear elements of Blink and Radiohead here and there. Smallpools - Fun pop rock with some emotional tracks too. You may know their song 'Dreaming.' Check out other songs like 'Killer Whales,' 'Passenger Side,' 'Mother,' and 'Stumblin' Home.' Zach Person - Love bluesy rock and Lenny Kravitz? Give this guy a listen. He has a new album titled 'Feel It.' Check out the title track and songs like 'Muddy Water' and 'Make It.' Jadu Heart - Erethral alternative rock. Check out the album 'Derealised' and the song 'Cocoon.' Joey Valence & Brae - Modern take on the Beastie Boys. RDGLDGRN (Red Gold Green) - Rock music with bouncy rap vibes. Listen to 'I Love Lamp,' 'Lootin in London,' and their new song 'Feel It Right Now' (those from the DC area will recognize the go go beats). They have lots of tracks on video games. I hope you find something new you enjoy! -
Investing "experts" catchphrases...that say nothing.
tooskinneejs replied to Crip1's topic in General Discussion
"The Company missed analysts' earnings estimates" No, analysts misestimated the company's earnings. -
Movies and TV shows (general recommendation thread)
tooskinneejs replied to Liberty's topic in General Discussion
We're just returning to historical average temperatures... -
Biggest regrets of the older posters here?
tooskinneejs replied to yadayada's topic in General Discussion
Loved your post as it really resonated with my situation. Once we had kids, I didn't spend enough time taking care of myself (and I too have been know to eat more than my share of McDonald's). For exercise, I used to have a regular, pulley-based weight machine. I would run through the standard routine of exercises on it, but I never really pushed myself. And I only used it occasionally. Things changed when I found something that worked for me. If anyone is looking for an exercise solution that is really effective and highly motivating, I strongly recommend Tonal (the wall mounted, smart weight machine). I bought one a year ago and it has been the best investment I've made in my health. I love Tonal because it has instructor-led classes and programs (live and pre-recorded) and the instructors who exercise along side me push me way more than I pushed myself when I was working out on my own. Tonal measures your strength and then automatically sets the weights for each exercise in a particular class. This saves so much time that you can get an absolutely killer workout (if that is what you want) in 30 minutes. Some exercises in a class use the Tonal machine and others don't. For example, you might do squats followed by jumping jacks. And you can do almost any weight-lifting movement on the Tonal. As your strength and fitness improves, Tonal automatically adjusts the weights over time in small increments and shows you your progress. Maybe you are thinking, "well Tonal is good for strength but what about cardio?" I'll say this - I have a Peloton also and an intermediate or advanced class on the Tonal gets me way more winded than my Peloton ever does (and its not as boring). Its a big investment to buy the machine and there is a monthly subscription. Before shelling out the cash, I realized that I can either spend the money on my health now or I'm going to have to spend even more later in life. From all I had read, strength training is one of the most important things you can do as you age. So I bit the bullet and made the investment. Being a value guy, I bought my Tonal used on Craigslist for half the price of new. So to answer the main question of this thread, I would say a big regret is not taking care of my health and fitness once I had kids. I recommend that the younger among us take care of your fitness in your 30's and 40's and think about it like a non-optional investment in your long-term health. Now if only I could kick the McDonald's... -
I think this is like a police officer saying over and over again to a trespasser, "leave the property or you will be arrested." Then finally when the police officer has given many chances and begins to arrest the trespasser, the trespasser responds, "no, don't arrest me I am going to leave now." Well, its too late. And as an aside, I wonder how logical is it to accept the word of a terrorist. It seems their credibility would be naturally strained.
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I agree with most of these points too. With regard to income taxes, I believe people in lower income brackets should pay some tax, even if it is a small percentage. This makes them have some skin in the game and de-motivates them from voting for politicians promising 'free stuff' because they think it will cost them nothing.
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This Charlie quote is pretty important these days... "Another thing I think should be avoided is extremely intense ideology because it cabbages up one’s mind. ... When you’re young it’s easy to drift into loyalties and when you announce that you’re a loyal member and you start shouting the orthodox ideology out, what you’re doing is pounding it in, pounding it in, and you’re gradually ruining your mind." – Charlie Munger, USC Law Commencement Speech, May 2007
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"Cryptocurrency-trading giant Binance said the accounting firm it used to verify its reserves has paused all work for crypto clients, hampering efforts to reassure customers that their money is safe." "Binance also said outflows from its platform swelled to $6 billion, a reflection of turmoil among crypto traders shocked by the implosion last month of rival exchange FTX." "Mazars on Friday withdrew from its website a report on reserves at Binance and other cryptocurrency-trading companies. The report for Binance, which wasn’t an audit, was published last week. A spokesman for the accounting firm said it had made the move “due to concerns regarding the way these reports are understood by the public.” https://www.wsj.com/articles/binance-says-accounting-firm-pauses-work-for-its-crypto-clients-11671200654?st=v9qz5aolgzaljov&reflink=desktopwebshare_permalink So much for virtual currencies being a "store of value."
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Weird case "against Trump." As I understand it, the ex-CFO received compensation and didn't declare it on his taxes. The ex-CFO gets a slap on the wrist and the company is found guilty. Seems to me like the CFO should be the one being punished.
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Movies and TV shows (general recommendation thread)
tooskinneejs replied to Liberty's topic in General Discussion
We just finished this limited series and it was great. It has to be great writing when you are hoping for someone to get killed. -
I think there are tons of very informed individuals who rightly think cryptocurrencies will be looked back as a "how could anyone have believed in that" moment in financial history. I'm still waiting to hear why cryptocurrencies shouldn't be viewed as anything other than tulip bulb mania without actual tangible tulip bulbs.
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Movies and TV shows (general recommendation thread)
tooskinneejs replied to Liberty's topic in General Discussion
I just watched a documentary on Netflix titled "Trust No One - The Hunt for the Crypto King." It was a well done story on Gerry Cotten, the fraudster behind crypto exchange Quadriga. Did he really die in India? Will we ever know? -
The company has earned 70% of its market capitalization in the last five years. Sales were down 26% quarter over quarter due primarily to a decline in sales in their Hawthorne segment (cannabis) due to oversupply. We'll have to wait and see if that is a temporary factor or not. The consumer segment, which is by far the largest, saw sales decline 13% in the quarter. Many businesses saw spikes in sales during the pandemic as people focused on home. This could be just a cooling off. I still think people will take care of their yards. As to the balance sheet. They have a strong current ratio of about 2.5. Debt to equity is high, but that is because the company has paid dividends of $1.3 billion and retired shares (net of issuances) of $892 million over the last 10 years (a total of $2.2 billion, which approximates today's market cap).
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The Scotts Miracle-Gro Company. It's at a price not seen since 2013. VF Corp is also looking cheap.
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Buffett/Berkshire - general news
tooskinneejs replied to fareastwarriors's topic in Berkshire Hathaway
There was a big shout out to Warren on the series finale of Better Call Saul last night.