Gregmal

It seems regardless of what’s actually happening, the simpleton hot take forces remain strong.

People will always remember ….shit what’s today’s date?…whatever today is, will go down in history for the historic move in treasuries!

Yea Steve Eisman is great. So practical and fluid with his process.

Yea I’m just talking about Blakes conspiracy theory relating to the treasury market on April 9.

I’m still trying to get to the bottom of what happened April 9….rates moved up slightly then down, we had a sensationalist trading day….sure. But still trying to find evidence that the world almost ended or the financial system was on the brink of collapse….at the moment all the evidence points toward this being a completely fabricated thing.

Nah I was chatting with @Cod Liver Oil yesterday about just that. Soooo many just kind of classic, nothing special but good enough names out there trading at 5-10+ year lows. I don’t know if I’d say we are in fish in a barrel territory for crazy forward returns, but we certainly are at an attractive point in time if you’re just looking for low effort HSDs.

Ha! I totally forgot about this! Remember all the bs from the first level bears about increased borrowing costs crushing earnings? Then it turned out the real impact of higher interest rates was near negligible for most companies. Why it hardly ever pays to panic or just run with the simplest narrative of the day.

Yea everyone’s got their thing. Media can be reliably consistent stepping up to feed the emotional children their breakfast. Best to just let it be.

Weird how not a single “news source” has the correct headline. “Market recovers after falling for no reason yesterday”….cuz two days of sensationalized headlines targeting both the bull and bear crowds are just too enticing….

Because everything in NYC that involves government is a grift. Even public transportation...they openly let people dodge fares while harming the honest folks by continuously raising rates and doing shit like the congestion tax. It's an open secret that if you want to leech off society/government, NYC is a great place to be.

More NVO

Eh that’s how I feel about every part of South Florida, especially the Keys. You have the time of your life the first few days. Then it’s like ok I’ve already done the stuff I want to and I’m tired of paying $50 a person to have the same general variety of fried seafood cus the restaurant is “near the water” and in a tourist hotspot.

Well, this is the trend now….claim rates are “soaring” and post a 5-10 day chart….gas prices are increasing because of a minor 2 week data uptrend , Vegas is “cratering”….against the Super Bowl comp. Inflation is “coming back with a vengeance” because CPI went up three tenths of one percent into the back end of last year…I don’t really get the point of such uselessly presented data, but whatever.

I’ve owned plenty of properties where you buy it and for years there’s no discernible evidence of any price appreciation. But that’s not generally why anyone buys in the first place. During the tenure of ownership you build equity and if a primary or second home you get enjoyment out of it. Year 7-10 is where you start having tax efficient financing options. The worst approach to RE one can take is viewing it like a stock. Transaction costs alone round trip are like 10%, so if that’s how you’re gonna approach it you’ll learn an expensive lesson very quickly. So a 10-15% price movement should be more or less immaterial.

Also somewhat important to define “crash”. 10-20% from COVID ATH prints? Listing prices getting cut? Or like 50% drawdowns from a blended FMV?

Yea we ve had serious Montreal summer home discussions at the family table the past 4-5 years. It’s just such a wonderfully bustling, diverse, beautiful area. Food options are insane. Golf, fishing, etc. Currency advantages are awesome too. We ate at Monarque which beat the heck out of anything I’ve had in the states in years and the bill was like $300 USD. Awesome place to spend 6-10 weeks a year for a privileged American.

Idk my friends and I view Canada the same…it’s basically a better version of America without scale. All the shit I love about America they do better, and all the shit I don’t care for with the exception of abusive taxation, they seem to have less of. People are friendly, great outdoor emphasis, sport, very safe, no gun problems, etc. But so is Providence, Rhode Island…a watered down version of Boston…beautiful, friendly, less crime, but no scale. Totally dependent on somebody bigger, uglier, and more versatile to feed it what it needs to be unique.

Yup, but again, the “new COBF”….Trump Lying! ZOMG! Objective view… Gas prices…sure, credit where it’s due Grocery? Too early to tell, probably was already happening Insurance…too early Illegal Immigration…yea that’s undeniable

Tariffs, look I have no clue or way to verify. Gas? Yea. Groceries? Seeing price rollbacks everywhere especially on the shitty processed food and soda stuff. My homeowners insurance in FL went down last month. We re barely a few months in already, so too early to tell, but I’d hardly jump to conclusions.

The thing is, I fully respect the fact that it’s Sanjeevs site and he can do whatever he wants. I just disagree with the presentation of “even” being, more complaints about conservative posters…again duh…look at the numbers and stuff like oh you cried about woke Target(after Target stock declined like 40% in a matter of months directly because of the antics) or Disney(which is like one of the worst performing large cap one blue chip companies you can find)…and claiming that’s equivalent to all the emo whining on these sorta threads. Bud Light same thing…they took a direct action that destroyed some of their brand power and resulted in the stock price being punished….idiotic and I’d feel no different if it was NYT saying where going neutral like WAPO and then seeing their stock get cut in half…moronic. Same as Musk putting Tesla in danger by going to work for Trump….Id be furious as a shareholder and as I said in the thread at probably peak Musk mania, an investment opportunity arose and that was to go short. These are investment things. Totally different than the angry cash barks and bearish doom TDS stuff.

I was just in Montreal with family and the liquors stores all had boycotted the products, while still having massive Jack Daniels or Bulleit banners in the storefront. The good bars though still have JD, Woodford, Blantons and now they just charge extra because it's even more novelty. I did not though, see any Bud on tap anywhere...Molson and Coors everywhere including the Bell Centre. These things come and go, and like Disney, Target, Bud Light, are probably worth evaluating in terms of their lasting impact and duration because there's probably ways to make money off it.

Totally agree and it's understandable and valid....but, what value at all does having this "emotional" raging gunk up investment topics/threads have to this site? Im sure there are personal therapy forums out there for that shit.

That’s not what’s occurring here though. Out of nowhere we went form no politics to conveniently, “it must be discussed” and now the most dominant threads are just shallow bitching and moaning, tribal derangement and little actual investment related anything. Then it’s raised and it’s like “oh you talked about stocks that did political shit in the investment section” lol.

The thing is, Sanjeev leans left, and it’s fine. You call em like you see em, all good. Some bias is natural. Overall he’s done a good job. But shit like quoting how most of the complaints are about certain posters or topics when this site overwhelmingly leans left is laughable. Stepping back, you can clearly see the number mismatch. There was a clear correlation to certain actions being taken and stocks suffering, IE losing value…Disney, Target, Bud….yet discussing that, which yes that series of events in itself thru proper investment discussion, can help determine whether those self inflicted wounds can in fact become an opportunity… constitutes us “crying”…so then cue…”we re whining so it’s all equal”. Even though the most popular 2-3 threads on this site the past couple months are 90% directionally the same people(anti Trump, anti Musk) just whining and piling on quoting each other in some circular jerking activity.

I still remain amused at how Blake refuses to answer the question you and several others have now asked multiple times relating to how his current ideology has stacked up over his investing career when it comes to the only scoreboard that matters. Seems more interested in the ideology and bias than the performance /results relating to his process which is usually a sign of someone who’s already rich…so who knows.