thowed

don't feed the trolls

Hey, congrats on this, man. I regret never living in NYC for a bit - fluffed my interview. From an oldie - this has always been the case, so no excuse for manosphere. 20s are harder being a good guy, but not impossible, and then all those decent qualities become valuable in your 30s, as it makes you good marriage material - longer-term prize is more important! You know the Munger lines on wives! I agree with @thepupil on roommates if you can - it'll be more fun if you find the right ones (a pain if you don't). Anyway, best of luck with it all!

Nice work @Gregmal - makes total sense. I am with @lnofeisone sadly, just seen it too often (god, in Europe we had Wirecard as well, which killed some great managers)

I somehow just knew this was going to turn into a new Political Thread lol.

Yeah, absolutely. Though you could also argue that if we hope that the average person here is 'above-average', it's not unreasonable to have some consensus CoBF stocks, which hopefully over the longer-term will compound (as they have done historically). Part of the problem (not such a bad one...) is that a reason these have become material positions is because they've gone up a lot in the past. And so then the really tough part happens - do you trim or sell, or is that a dumb thing to do if the business is doing OK? I still don't know. And yes, six months is nothing. This topic was meant to be reasonably light-hearted, just a grumble and acknowledgement that even though I know all the rational arguments, sometimes I still struggle with it. And I find it particularly frustrating when the 'good businesses' I own (I hope!) are underperforming while one or two sectors are rocketing up, backed by a ton of retail speculators using leverage! I'm jealous!

Ha - I don't think so - there are lots of tough people on here. I'm completely aware of the ridiculousness of it, it's a weakness on my part, but it's been very cheering to grumble about it, and hear that I'm not the only person here who has underperformed.

Thinking more about this - I remember someone wise once said to me that 4 is a big turning point, which I found very true. When your youngest hits 4, it's pretty glorious as you are out of a certain pit i.e. no nappies, no buggies etc. so moving around is so much easier for starters. It's one of the big shifts (followed by the teenage years, which are something else altogether....) So I'm sorry, because you are really in one of those super tough times with 3 under 4. The only other thing I can think - an obvious one - is I hope you and your partner are kind to yourselves and each other - it's easy for parents to beat themselves up about stuff, and worry you haven't done the right thing. It's the wild west out there - we all try our best (when we're not too tired!). Good luck!

I did for a month out of curiosity - wasn't really my thing - felt like cigar butts. I prefer quality. Problem is that these are small, illiquid things, so if every subscriber rushes to buy (esp. without reading properly), you've missed the boat. Because I'm a cheapskate, *cough* value investor, I tend to do monthlies on one or two, see as much content, and then rarely continue. But struggle to think of anything like this place, really.

@Sweet I'd ignored this thread - thought it was going to be different. I'm so sorry to hear this - I know how incredibly frustrating and upsetting stuff like this (well Parenting is Highs and Lows generally!). Hard to know what to say, but sounds like you've had lots of good advice. I know very intelligent people who started talking quite late, they were just thinking and learning in the interim. I think any reading on either side is a wonderful thing. My best wishes to you and your partner with it.

Thanks to you all, wise words, but also good to. know there are a bunch of smart people out there in similar situations, and owning similar assets. When you're doing this on your own, even though you know rationally your portfolio is full of good companies, it's still easy to doubt yourself. And this sort of environment irritates me with all the Memory fanboys gloating.

I know a bunch of you have done great things in 2026 (Officer with Liquidia, GFP picking stuff up with amazing timing etc.), but it just hasn't been working for me. There have been one or two mistakes (e.g. trying to play oil - seemed obvious at the time) but generally longer-term holdings have just not had a great time. Decent chunk of FFH, decent chunk of CSU & subsidiaries, TVK (unfortunate situation) and not trimming enough Gold & Royalties. Recently buying Exchanges as they've continued to go down. Not seeing the switch up at the end of March. Ooof. Other things have worked, thankfully, but I'm pretty flat for the year, which is quite the underperformance to the S&P. Anyway, I know it's only 6 months, and I'm happy to leave these things to do their thing, as I'm not really a trader. Just good to get it out sometimes. Anyway, hopefully I'm the only one, but please grumble alongside me if you've struggled too.

Yes, it's a bit more balanced now. Can see Oil price go down more as a) it's what the US wants/needs and b) more obvious pain trade - not all the bulls have been shaken out, I think. But yes, doesn't feel like the conflict is over by any means. And I think hard to predict what would happen if it restarted. So not so hard to see price going up. This is why I've learned my lesson and am sticking with boring Royalties!

Sorry if a dumb question, but if it's Open Source, can't you just do a fork that removes any censorship? I don't know if there are different levels of 'Open Source' e.g. whether you need a licence to amend.

Irony is that the GMO Quality Fund (& ETF) is actually one of the better mutual funds out there - has pretty consistently outperformed S&P500 which few funds do. And is basically a tracker but with some bad stuff taken out.

Another (free) very interesting article, on Hyper. Well written, so tempted to believe the hype, but am sure there are issues not mentioned. https://colossus.com/article/beyond-the-sky-jeffrey-yan-hyperliquid/