Sweet

How can someone get away with talking that level of shit

Even though I’m from the UK, I somehow missed it, but UK banks have been ripping this past year. Quite a number of them have nearly doubled - Barclays, Lloyds, Standard Chartered, Natwest. https://stockmark.it/uk-banks-lead-ftse-100-performance-as-interest-rates-bolster-profits-in-2024/?utm_source=chatgpt.com I see some EU banks have done well too.

He’s saying that these memecoins are little different from bitcoin. Saw some Bitcoin guys complaining about the $TRUMP grift.

lol. I’m lost Parsad now.

I live in the UK, and this would be funny except we have had a slow growing, nearly stagnant economy for many years and everyone feels it. Politicians across the political divide accept America has grown much faster than we have. Our GDP in dollar terms didn’t surpass the 2008 high until 2021: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=GB Yes you could measure our GDP in £ and it would look better, but it still lags. There are a range of time series here: https://www.ons.gov.uk/economy/grossdomesticproductgdp Choose whatever data you think makes your case - but I think you are cherry picking. At best it’s behind, at worst it’s way behind. I’ve lived here all my life, nearly every expert and political opinion here in the UK is unanimous- we have a growth problem - and we would love to have the US’s economy.

The community notes is terrible Parsad. PPP is a flawed measure. I live in Europe and visit the US regularly - anyone claiming the EU has caught up is off their rocker. The chart is also about the Eurozone GDP, whereas community notes is about the EU GDP per capita. 1 - the Eurozone is not the EU, and 2) GDP is not GDP per capita. The fact is that EU and US GDP were comparable before the financial crisis, and since then EU growth compared to American GDP has suck: EU GDP 2007: 14.7 trillion US GDP 2007: 14.4 trillion EU (+UK) GDP 2023: 21 trillion US GDP 2023: 27 trillion And the EU plus the UK has about 170 million more people than the US.

I never said any such thing that there were no opportunities. This is a chart comparing EU vs US GDP: I remember there was a time, not too long ago either, where European GDP was higher than the US. Politics is making the difference here and there is zero doubt about that. That’s all I’m saying.

Yeh this stupid muthafookin think on bottles. So annoying.

I know the posts you are referring to. But as a European it is our politics that is helping to make the place uninvestable. There is something like a 75% on UK oil and gas production. Stupid green regulations in the EU closing down industry. Infuriating regulations like bottle caps are now attached to every bottle and it’s spills when you try and pour it. They have AI regulation for a practically nonexistent AI industry. Add to it this a range of migrants which are now proven to be net takers (fair enough if you don’t want this discussed). Politics however is the root cause of much our malaise in Europe though.

fixed it for you lol

What are likely to be the long term holdings? Thanks for sharing

It’s just insane what we are doing in Europe

Strong name, strong tweet… fuck, just strong everything:

Otherwise there is about 200bn in AI capex that shareholders could be in line for? I don’t think this is the negative many think. Yes - wasted money if no pay off. However ka-ching? Heads they win, tails they win. Its truly amazing that we have big tech companies that can spend so much.

60 minute did a piece on this a while back, it was based in New York and was explaining how banks were reluctant to call in their debt on some of the buildings. Highlights that higher end quality real estate was doing much better than the older stock too if memory serves me right. There is a new etf for this which baskets together a bunch of REITs with large exposure in this space - ticker ‘DESK’. Posted some more on this here:

Had this thought for a while myself but I’ve not taken any position. Ideally you’d know real estate well enough to intelligently pick a good company - unfortunately I don’t have the confidence that I can do this. There is a Vaneck ETF that owns players involved in commercial real estate - ticker ‘DESK’ - but it doesn’t have a long history. Vaneck have a blog about it: https://www.vaneck.com/us/en/blogs/thematic-investing/play-the-return-to-office-trade-with-an-office-reit-etf/

I’ve been following this guy who provides regular back of the envelope valuations for a range of companies. I’ve been thinking about ASML and AMD, I think both have some room to run, especially if they can continuing growing along these lines

I’ve stared at AN for a while now, never been able to pull the trigger on it. Buy back history is unreal. A real cannibal.

I mostly agree you. I was fully invested I believe in 2020 right the way to mid 2024. I made a lot of money during that period. Now I don’t see the easy money. I see cheap companies that I don’t really know much about.

This ‘just be lazy’ quip is bull. In fact I’d say that is a lazy assumption on your part. I have no problem finding stocks on the cheaper side. It’s got nothing to do with finding value. Having confidence in my convictions is what doesn’t come easy. I can read all the filings I want, read all the posts I want, but if I don’t know the name well, or haven’t used their product or know someone who has, then I tend to just avoid it. This has cost me in some stocks, but it’s also saved my ass too. Optimists tend to do better in the stock market than pessimists, but some optimists delude themselves about the risks to permanent capital loss. You used the example of 2022, but this is not 2022. I’d rather underperform and keep what I have than get involved in companies that the only thing I know about is what the CEO writes or says, or some talking head online is pimping.

I agree with the others, I don’t think these are home runs. However I appreciate that you are sharing your views and hope they do well for you.

Crazy how little under 40s have