Sweet

How can they spin a successful launch as a failure? Whatever anyone wants to say about Elon one thing is clear - he gets things done.

What is to stop Putin just having another go in a few years? Ukraine would need security guarantees, which may include NATO membership for this to be ensured to end in a stalemate.

If TikTok is used to spy by China and / or used to spread Chinese misinformation then it should have been banned long ago. After all apps like Facebook and YouTube are banned in China.

CAR is interesting but the finances are crazy to me. If I was in charge I’d have cleared a lot debt first and then got on with the buybacks. Their profits are definitely coming down as prices in the used car market drops too. I hope at some point the finances make sense to me. At some point I could see me taking a position there.

The vanguard fund posted above and the really short term fund both tracked well. It’s the longer dates ones that seems to deviate in price. Maybe these correct as you say overtime.

Saw Dune 1 and thought it was very good. Will make sure to catch this one too.

Does look better that one.

Will it return to par though. Eg. https://finance.yahoo.com/quote/SHY/ 5 year view. That should be mean reverting but it’s not.

Never heard of this before, great alternative it seems

I don't like the treasury ETFs for the following reason - please correct me if I am wrong. If interest rates rise, the ETF will drop and if you want to exit the position you have to sell the ETF and take the loss. However when you buy an actual treasury you, and the interest rates rise, you can just wait for redemption at par to exit (if it is a short term bond). So if it is within your means to purchase a treasury why would you buy the ETF?

The problem is it further penalises people who work and who eat at busy times - rush hour, lunch, after work.

For the dot com comparison guys; start date standardised to $100 I believe. Nvidia def frothy but dot com comparisons overblown

These indicators predicting a top in the stock market get more ridiculous: https://www.marketwatch.com/story/why-a-drop-in-oil-10-years-ago-suggests-the-u-s-stock-market-is-headed-for-a-decline-1a3b701b?mod=home-page

Now I’m thinking down nah, f it, it’s gonna baby

Alright, what’s your feeling on Nvidia earnings? Stock has been trading lower the past couple of days. After the earnings will it be: - Up big? - Down big? - Little change? I’d be shocked if there was less than 10% move. I’m picking up - 10%+

I agree with most but not all of that. Whilst I believe btc has no 'instrinsic value', which I define as the old value investing trope of throwing off cash, I do think it is valuable for some people who want to move money around outside of the banking system, and even those who believe it is a store of value. There is a network effect here that is propping up prices, and there is a use there. But I don't own gold, and I don't own bitcoin.

That’s correct, many weren’t buying Bitcoin, but they were buying the other crypto because of Bitcoin and its explosion in price. Sure they don’t know the nuts and bolts of it in the same way you do but they definitely do understand the basics. I disagree that it’s the early phase of adoption. I don’t understand how this is still an argument for a 15 year old coin that every Tom, Dick and Harry on the make was trying to own (or an alternative to it) just a few years ago. I mean come on, we have a goddam ETF now. It doesn’t get much more mainstream than that.

A couple of years ago I had all sorts of people telling me they owned crypto. Mail man, guy who did building work around the house, most shocking of all was a few girls in work. I asked each of them whether they owned stocks and none did, one even replied they were too risky. This a long way of saying that I don’t think Bitcoin is in the early adoption phase as all.

The high price second hand car market was helping their earnings since they were getting higher prices for their rental cars. That’s likely gone and not coming back. They should have paid down debt.

Volatility is just crazy on these, worse than oil and gas and that’s saying something. I think if there is a play here is Hertz warrants. No position and none likely, but still watching, if it gets very low there may be a way to play it.

What his management fee lol?

These things are not the same.

I don’t know why all these hedge fund guys love China so much. Yes there are stocks that look appealing there but the country is run by Xi and your investments are at risk to his whims. Some will say the same kind of risks exist in the West, in some ways yes, but there is a strong rule of law that’s a pain in an ass to change with adversarial politics and journalism. You don’t have those protections in China. Your beloved CEO could disappear of the face of the earth. I could never understand why Warren and Charlie invested there, always felt it was hypocritical and in contradiction to some of the other values they espouse because when you buy China you’re partnering with the CCP whether you want to admit it or not. What have Charlie and Warren said repeatedly for years about picking partners?

Can’t remember the posters name, but there is a guy in the Citi thread who believes Buffett has been buying the stock.

I don’t think the Fed should cut too much. Definitely not below 4%. I don’t think we should ever go back to super low interest rates as a ‘normal’. The economy is looking strong at the moment. The biggest risk potential risk to that is reducing the deficit spending which has got to happen some time. Deficit is now 6.3% of GDP it needs to come below economic growth for debt-GDP to start dropping.