Castanza

AG small position Silver to gold ratio is currently 77:1. Historically it trades closer to 50:1. Current global consumption is 1b oz annually and production is 800m oz. Silver use in the auto sector from 2002-2020 has grown from 2m oz to over 40m oz. This is mostly outside of EV production which would increase demand even more. Solar panel production has seen similar demand increases 2m oz - 85m oz over the same time period. This is trending down from 100m in 2017 due to increased efficiency in solar panel technology. I think the electric vehicle boom is starting to kick off. Add in solar panels and the demand for silver is going to grow from an industrial perspective over the next decade. I'm not a gold/silver bug by any means, but the current situation seems interesting enough to take a small position.

RTX at open

Van Trapp from VT if you can get it. Sierra Nevada also has an Octoberfest that’s pretty good. I do drink the Sam Adams Octoberfest which is easy to get where I live. From the German Oktoberfest beers, I prefer the Hacker-Pschorr and the Löwenbräu, but they are much harder to get. The Wegmans near my house has a pretty good German selection; I'll have to keep an eye out for it. Definitely agree on the Sam Adams. I would have to recommend Breckenridge Oktoberfest.

Some interesting talks coming up regarding Central Bank Digital Currencies https://meetings.imf.org/en/2020/Annual/Schedule/2020/10/19/imf-cross-border-payments-a-vision-for-the-future Interesting read by Mark Carney https://www.bankofengland.co.uk/-/media/boe/files/speech/2019/the-growing-challenges-for-monetary-policy-speech-by-mark-carney.pdf

Any must try Oktoberfest brew recommendations?

PM, ATCO, small basket of ET, KMI, WMB, ENB

WFC - started a position again....just hard to not have a position at these prices....

BAC Started in CINR....has anyone done work on this? There was a decent write up on VIC. Looks interesting at these prices as long as they stay liquid (which they seem to be doing). Soda Ash consumption seems to be increasing globally. A few catalysts would be EVs and increased Solar panels. CINR seems to be positioned very well long term. If I had to guess the and some other subsidies will all be brought under the umbrella of We Soda (which has discussed IPO). CINR has no baggage like GEL which is also tied to O&G. Divy also seems like it will come back at some point. Unfortunately there is a K-1. Sorry a bit of a ramble.

PLTR

Closed DKNG put position. 26% gain

So when a pension fund or insurance company has a 5 or 10 year US government bond mature their proceeds are going to end up on the Fed’s balance sheet? My comment was aimed at private organization who currently own US government bonds. As these bonds mature and these organization re-deploy where will it go? Demand will increase for some asset classes. I saw some Ohio pension funds allocating north of 5% to gold. I think historically these positions are 2% on average. Not necessarily meaningful I guess

What ever happened to flatten the curve? I guess it was just an infinite limit asymptote.

You know, I've never tried that. I'm sure my wife would kill me if I had a stew pot boiling fresh deer bones in the kitchen for hours on end. If I end up butchering my own deer this year I'll give it a try, perhaps outside. If I get sick I'm blaming you ;D

Cardio is super helpful for me for de-stressing improving sleep. You should try hitting a heavy bag. Great stress relief and a good workout. Easy enough to find one for $50 on Facebook marketplace. Brain dumps also work well for me if I'm feeling overwhelmed. It's a simple trick but writing down everything that is on your mind, work and non-work related sort of "cleans up the hard drive". At least that's my perspective on it. Helps me stay organized and focus in on objectives with prioritization. Does hunting help as well? For the brain dump, I just grab a scratch pad and write down anything on my mind in bullet points. Not just the honey do list either. Any random thoughts you have, conversation reflections, etc. I guess you could use whatever format you want though. Hunting and simply getting out in nature (at least for me) is always the best stress relief. Humans add stress, it’s nice to escape all that for a bit. I enjoy hunting, but it’s certainly not for everyone. Although, I do know quite a few guys who hunt but never seem to get anything. For them we’ll just call it “hunting” as they most likely just fall asleep in their stand. Edit: my final bit of advice would be the Tomato timer app. I’ve been using it the past few months in my afternoons. Staying well hydrated is also a big thing.

Cardio is super helpful for me for de-stressing improving sleep. You should try hitting a heavy bag. Great stress relief and a good workout. Easy enough to find one for $50 on Facebook marketplace. Brain dumps also work well for me if I'm feeling overwhelmed. It's a simple trick but writing down everything that is on your mind, work and non-work related sort of "cleans up the hard drive". At least that's my perspective on it. Helps me stay organized and focus in on objectives with prioritization.

CMCSA wish I got in sooner, but it's still cheap

Didn't Ted Kaczynski pretty much predict all of this? Whenever someone with a high IQ does something completely insane to point something out I think it's worth paying attention to. Even if it's handled in the complete wrong way. Has anyone ever looked at getting one of these? https://huckberry.com/store/light/category/p/62691-light-phone-ii-distraction-free-cell-phone?htm_adsource=search&htm_admedium=googlep&htm_adcampaign=search-dsa-acquisition&htm_adcontent=acquisition&gclid=CjwKCAjwiOv7BRBREiwAXHbv3FLER4L71Qf04ZiKN0ftQI8OPFcSpnCOyY2YFr9yPcIWGnyrnZDAvxoCIFEQAvD_BwE

Picked up some Feb 21 40 strike puts on DKNG. Pretty speculative and not exactly cheap but with all these Covid cases popping up in the NFL I can’t help but guess the season will be coming to an end sooner than we think.

What makes you like GOOG at these prices?

ATCO

When elevators came to buildings, desirability of high rises went up. Because of human need for in-person connection with other human beings and human need for in-person specialized services, I wonder if resolving issues resulting from density will unlock more desire for density. When fully autonomous cars come to cities, I wonder if it would be similar to elevators coming to buildings? Is the leap from a human driven car to an autonomous vehicle really the same as stairs to elevators? Seems apples to oranges. In fact I would wager that an entire city of autonomous vehicles would be extremely frustrating as a rider. It will be as if everyone decided to have their 80 year old grandparents drive them around. Could you expand on autonomous vehicles causing a greater desire to live in a city specifically? Personally I think autonomous vehicles would cause more urban sprawl as commuting distances would be less of a chore? If they get good enough you could argue speed limits could go up another 10-15 miles per hour. I could sit in my car, eat breakfast, check emails, or take a nap on my way to the office. Living 1-2 hours from work wouldn’t be an issue.

Nibbled some more RTX and PCYO

CRSR starter Recent IPO, looks interesting at these levels. Basically 1x sales, decent free cash flow, margins are meh, but growth seems to be there. https://ir.corsair.com/

I had the same thought. I realize PCYO is concentrated in one area and the big homebuilders are much more geographically diverse, but it's strange that PCYO hasn't really budged. PCYO lost all the high margin $ from the Oil and Gas industry ( both royalty and fracking water ). That’s not a problem a home builder has. The majority of rev doesn't come from O&G supply but I agree they are handicapped (in this segment) near term due to oil and gas production. Guidance for revenue and profitability is still there despite the lull in that segment.

Small adds to RTX, PCYO, PPL