Gregmal

The guy looked young as hell. Almost certainly a parent or sibling. At which point, not sure I’d put him in jail for life either.

What I dont get, is why be a scumbag like UNH and some of the bigger ones? People buy insurance for a reason; give them a proper policy and charge them appropriately for it. I had a basement pipe burst a few winters ago, and the remediation guy that came by asked about insurance. I said I had USAA, and he goes...oh you have nothing to worry about, USAA and Chubb always pay. Whats the point running a scum shop where you stiff people or litigate when someone encounters an issue that they specifically bought the insurance to cover?

Yea I was watching Landman, great show by the way, and when it was mentioned oil and gas was the 7th largest industry in the country I was curious those above it…at the top? Insurance and healthcare…total bs. In a fucked up way, taxes and insurance are the government created royalties that keep most people in modern day shackles.

A little amazing too how this happens in broad daylight, in one of the busiest corridors in the country; no one does a thing, and they cant find the guy now LOL....thats NY for you.

It’s the system.

Yup. Women give birth at home, and have for centuries. If you go to a hospital they try to tell you it’s $50,000-100,000 lol. Maybe I can see $5,000 on the higher end. But these assholes try telling you $125 equivalent rooms that fail to even match a basic Comfort Inn….cost way more. Total scam.

Same as last couple years with a few adds earlier in the year like RTO, WEN, T. Hoping to get rid of AIV soon lol

You don’t, if you’re top 5-10%. Average people don’t have the money to pay cash for a house or $300 out of pocket for a routine physical.

Sounds like something your average Upstate NYer or Pennsylvanian can do lol

Insurance companies need to be accountable. Especially when mandates by big government force coverage…it’s abusive and onerous. A normal person can’t drive a car, IE make a living, without car insurance. They can’t buy or rent a home, without insurance. They can’t go to a doctor, without insurance. And they get these things, not with $700 an hour lawyers in their back pocket, so they can prepare themselves for the scumbag Wall Street guys who fuck them when something happens to the “home/car/person” they have insurance for…”because of what the contract says”.

What are the odds it’s a policyholder who got stiffed?

Man not even the CEO of a major American company is safe in this dump.

So after hearing nonstop about “soaring rates” and “bond market vigilantes”(whatever the heck that means) because rates went from low 4s to mid 4s, we ve now retraced some, despite obviously hearing nothing about the “crash”….end of the day, high 3s, or mid 4s on rates is pretty uneventful and meaningless; just another reminder to avoid getting manipulated by the news of the day or the noise of the crowds.

Happy Thanksgiving everyone. Lot to be thankful for this year.

As with every news item, people like to act like this one's the game changer....simply, it is not.

LOL, totally. My life has changed very drastically in 8 years. Starting with the 8 year old I’m just getting back from the driving range with!

More often than not the stocks people think and claim are overvalued tend to result in a hindsite outcome where the stock wasn’t overvalued and the observer was simply wrong and looking at the wrong metrics. Honestly, valuation is probably the last thing I look at when underwriting an investment. If everything else during the process is flawless, I’m much less concerned about valuations. Whereas there’s plenty of people whom buy abysmal businesses and assets because the PE looks good, and that more often than not tends to end in tears…

Yea I like these as alpha boosters so to speak. You can just ladder into em and flip the trading range. If they ever get super cheap you T off.

Yea as a housing guy, I love the guts suppliers. LII, CARR, AOS...all been smaller but well performing positions that benefit off very little but continuation of life.

Added some to AOS.

Yea I’ve rarely seen a stock as boring as msge trade as wildly on relatively nothing. The earnings were solid and everyone knows Q1 is always their seasonally soft quarter. The setup is nice as they are coming into their money printing season and have already indicated returning capital to shareholders should occur sometime in the spring. At $1.7b market cap they could pretty easily takeout another 5-10% of shares funded almost entirely from next 2-3 Qs of incoming cash.

Been clearing out the various FNMA preferred, last of Pcyo, and buying more MSGE, ABNB plus starter in NKE.

Gene is a genius. He’s been all in on tech euphoria since like 2012. He used to just be an analyst at some mid tier and he’s parlayed his hyper bullishness into his own firm lol. He doesn’t know very much, his analysis is poor, but he’s got the mantra and delivery down pat.

The Trump trade was what I posted last fall….you coulda bought FNMAS for $2 and just played house money into the election. At $9 now? Who cares? It ain’t a Trump trade anymore, you’re banking solely on a specific outcome now. The only way to have made money on those over the last decade is to buy em when nobody is talking about them and sell them when they are.

Pappy is making an appearance tonight. God bless.