MattR

His partners yanked the money out and it was only through big wrestling that he convinced them to stay on for one more year, in which he had a good result. If the partners yank their capital because of the drawdowns, your fund has blown up.

I know that he blew up once. He said so in one podcast. That doesn't make him a bad manager. Given what he holds and the results that he got, shows that he is much better at risk management. Everyone learns. Munger basically blew up his Partnership as well. Do we say that he is a bad investor?

THe market is as bifurcated as it was in 2000. Tech stocks are insanely expensive, and ex US and old industries are among the lowest valuations in history.

Doordash, Palantir, MongoDB, Duolingo, Affirm, Upstart, Carvana, Coinbase, Broadcom, Nvidia, Sentiment is that Apple and Microsoft never goes down.

I mean sure, but we are talking about stocks trading at over 100x earnings here. So they already did not price in the 5% yields anyway. PPI is negative today. Bad news is good news I guess.

This market is completely insane. Tesla added 150b in market cap in less than 15 days, Nvda over 250b on basically no news. Every company with a terrible balance sheet is rising as though rates have already been cut. At the same time rate cut expectations are for March. We had the same this year as well, but rates rose and stock rose in tandem.

Seeking Alpha has gone down slowly in quality and rapidly since mid 2022. Many of the deep value guys or bankruptcy articles don't get accepted anymore and it seems to focus more on clicks than good ideas

I think it should be Philip Morris.

I am a bit biased, because I write my own substack (though free, and will always stay that way - but maybe I add a support tier as a few have asked). I was subscribed to quite a lot of them, several paid - but I often stopped subscribing to them. IMO a regular schedule creates as you already pointed out, content gaps and these are not easily filled with content. I was subscribed to around 50 substacks, not it is just around 15.

Chat GPT4 is getting plugins. So people can develop plugins for it. Already exisiting one is Wolfram Alpha. Chat GPT4 was bad with math, but now it wont. Still in Beta, but we should get it in the next few months as plus user.

CVNA, CACC, WIX, CRM, TRUP. These are either or were extremely overvalued, partly fraudulent (CVNA, CACC, TRUP in trying to pass as subscription instead of insurance). Or they have no moat (WIX) . It is hard to make a worse portfolio IMO

- Ecopetro - BTU - RIG

My best year so far. +144.7%. Gains were mostly through BTU , YPF, UAN and BTI calls and through the short side being short Carvana, Tesla, and pretty much all the ark names. Hope to not have a 30% loss next year, but probabilities are high that it will happen.

I am in DevOps and it is perfect for being a templating enginge and exactly what I need most of the time and especially takes away the work I hate most of the time (setting up the basics)

Yeah, it looks good on first site, but I am much faster using custom search engines in chrome. For example typing sec and the ticker brings me to the sec filings, tv brings me to tradingview. Sadly it does not work for Tikr, but for many others its perfect and awesome.