Lakesider
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Posts posted by Lakesider
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Looks like a pay day lender where they lend money short term and charge a huge interest rate. These were very popular in the UK a few years ago until the government capped the rate they could charge in a big way. When people couldnt pay back the loans they ruined lives.
Goverment enforced rules.
"Borrowers pay no more than 0.8% of the amount borrowed per day, and a maximum of 100% of the loan in fees and charges."
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My European broker only charges me a comission of 1c per share on US trades. Im sure there is little difference between low cost broekers and payment for orderflow companies, the issue is that its a shady and opaque way to charge someone fees.
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Its not comission free, they are selling orderflow, They are saying its free but getting you a worse price? Thats the issue here, Its just a more complicated way than charging comissions. "payment for order flow, generated about $331 million in revenue for Robinhood in the first quarter"
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I just went with a low cost one, Vaguard total china.
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"Buying stock we dont know a great deal about because we prefer them to treasury bonds." Same thing Charlie said about Baba.
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He was getting so frustrated at the lack of basic accounting knowledge of the students quite entertaining to watch.
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Been having login issues same as other have described. Dev page saying im temporarly blocked.
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Bought more BABA
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"A Cargo Ship Drew a Giant Dick Pic in the Ocean Then Got Stuck in the Suez Canal", Lads!
https://www.vice.com/en/article/pkdjzb/cargo-ship-suez-canal-dick-pic-ever-given
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More BABA. Honestly im getting overly excited.
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Wheres the proof, im all in favour of these guys getting fucked up. But as someone that has been a follower of WSB for a long time there is alot of shit being made up on that subreddit at the moment.
Some of these people are as guilty as HFs for taking advantage of uneducated investors.
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Yeah to be honest im looking to clear out of this. I dont really get what fairfax are up to, not sure what they will do next. Doing deals for the sake of doing deals it seems.
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BABA, Stock and call options.
What options are you looking at?
300 Jan 23 & 260 Jan 23
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BABA, Stock and call options.
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Same. Just finished the audiobook. I find that it's always a good practice to immerse myself in "Buffetology" at the beginning of every year, if only to re-ground myself and my thinking.
Its surprisingly easy to stray from the path.
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Cant argue with the excellent, on the ground research that's been put in here. Going long Tilray :P
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Upgrades to DDR5 at data centers? Micron just releasing specs now.
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This works really well as an audiobook. An entertaining and well informed summary of buffet highlights.
I usually go for a walk on my lunch break so i'm listening to this for the second time. It really helps me recognise the mistakes I have been making. Thank you Daniel
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A value investor tries to get more value than they pay for.
good idea for appreciating assets. dont see it for depreciating assets imo. I suppose a true value investor would buy a Mercedes 300sl gullwing. and not drive it.
Dont forget about opportunity cost when valuing something. A depreciating asset can have value if it depreciates less than the alternative.
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A value investor tries to get more value than they pay for.
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yeah same as bloomberg terminal
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So they sold BIAL to themselves and realised a $3 gain? ::)
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The safety here is the value of DPM. The value of DPM is tied to gold prices..
What are you buying today?
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