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Everything posted by formthirteen
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Which activities in life brings you the most fun?
formthirteen replied to Charlie's topic in General Discussion
In this day and age, who still needs life-expectancy studies, especially when Trainspotting was released back in 1996? Does history repeat itself? -
ATRI, TLT LEAPS
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I sold after getting +20% returns in about two months. There are better quality companies and safer bets around. I sometimes trade shitcos and was lucky this time. I know I shouldn't do it, but can't help myself.
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VNO-PM
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There's a new war, and I'm afraid the Western public support for Ukraine will diminish if Elon and Zuck fight at the Colosseum
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META 95 call options bought for 30. Pretty happy, but still sad to trade them for cash.
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https://twitter.com/NatalkaKyiv/status/1673024897046462467
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I also recommend slightly random rocks from the garden. They work better than a lacrosse ball for me. You can also stretch while standing on them. Take them inside if you have a place to put them
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How do you both think about ELF.TO? I think it's better than holding cash (family-owned, SOTP, cannibal, illiquid, boring): https://www.e-lfinancial.ca/about-us https://www.ucorp.ca/content/investment-summary https://www.ucorp.ca/sites/default/files/pdfs/annual-reports/2023ANNUALREPORTUNCFINAL.pdf https://www.e-lfinancial.ca/sites/default/files/pdfs/annual-reports/2023Q1interimreport.pdf elf: ucorp:
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I did the same earlier this year. Next up ELF.TO?
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@Gregmal thank you for explaining this in detail. It would be interesting to try, just for the fun of doing something new, but it would certainly end in pain and a loss of $7,500.
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To me, this explains it all: https://timsykeswatchlist.com/ There's nothing special, other than the profitability, about this variation of a pump n' dump, but I probably need to take his course to know for sure
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The Swedish Corporate Real Estate Crisis [2022 to ?]
formthirteen replied to John Hjorth's topic in General Discussion
The average length of a mortgage term in Sweden used to be around 140 years in 2016. This is not an article from The Onion or Babylon Bee: Sweden cuts maximum mortgage term to 105 years (the average is 140) https://www.telegraph.co.uk/personal-banking/mortgages/sweden-cuts-maximum-mortgage-term-to-105-years-the-average-is-14/ I'm afraid it's technically incorrect anyways. You still don't have to pay more than the interest, if you have 50% or less left on your loan and your bank doesn't mind unlimited-length mortgages. I'm sure the houses are just built differently in Sweden... https://www.forbes.com/sites/johnwake/2019/03/30/new-study-of-old-real-estate-bubbles-1582-1810-finds-two-surprising-similarities-with-modern-booms/ -
@Spekulatius Somero seems like almost a too good deal, but I bought a starter position anyways. Thanks for the tip.
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Thinking is hard, that's why people judge (and trust AI without double-checking).
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You can't avoid this when the algorithm would is only xx.xx% correct. You can't even mitigate it because it's about people's lives. Okay, some people trust Tesla's FSD, so I'm clearly wrong.
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https://news.yahoo.com/president-belarus-hospitalised-meeting-putin-204642610.html Ruzzia gets Belarus in the end game?
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Lawyer disrupted a legal process using AI: https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html Link without a paywall: https://archive.is/XYO2o#selection-501.0-505.49 The guy included screenshots from ChatGPT and bogus cases: https://www.courtlistener.com/docket/63107798/mata-v-avianca-inc/
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That's a big IF and the world has changed: https://www.afrugaldoctor.com/home/market-zero What's the value of Russian ADRs right now?
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John McCain knew Putin's end game in 2015: Weak leaders and nations provoke Putin and Russia.
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If there's a non-zero chance of losing everything then it's probably best not to invest, IMO, if you're Buffett. That's why I own options instead of the Chinese ADRs. Leverage stacked on leverage, all balanced on the non-zero chance of going to zero. I like the feel of that. Position sizing is as big as my confidence in communism. You can only own Chinese stocks as long as the CCP approves. Munger seems to like the odds of that risk more than Buffett.
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PYPL and MTCH. I will be dumping these like a Tinder date on the first (and latest) fuck-up (by management) or if the relationship (stock price) continues to decline. That's how I try to build a long-term relationship (with a stock).
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Russia is the only country with unchecked territorial expansion: Donbas, Crimea, largest country on Earth, fucking LOL. However, the US is the only country with unchecked cultural expansion. Europe has plenty of useful and weak politicians (Macron, Scholtz, Merkel, Schröder, etc) who support the "triumph of evil". It's all pretty simple (until it isn't). Here's what one Russian thinks: Do we love freedom enough?
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Breaking: Shots fired between Russian Duma and Family Guy