Malmqky

This is why AI won’t replace software devs. Clients don’t know what they actually want. Gathering/translating requirements is the hardest part imo.

Most jobs could be eliminated / done in a few hours per week. EDIT: white collar jobs that is

I wildly speculate this is the case too.

MSGE

There's probably a few hundred thousand that can be an upgrade over Garland and give the DOJ a housecleaning. Gaetz is not the right move.

This isn’t our father’s Republican Party. Gaetz is a joke and a bad pick. Trump could do much better. America could do much better.

I agree MSGE looks attractive here, added a bit myself today. If one were to like SEA, MSGE should look twice as appetizing imo. ABNB certainly looks interesting as well...especially with a Trump presidency.

EVO, maybe Coupang later today..

EVO, CROX.

https://www.businesswire.com/news/home/20241025235193/en/The-New-York-Stock-Exchange-Plans-to-Extend-Weekday-Trading-on-its-NYSE-Arca-Equities-Exchange-to-22-Hours-a-Day Sign of the top imo.

Little EVO and more VAL/VAL warrants. Wanted to buy HAYPP inside my IRA as well, but fidelity won't let me. Maybe I'll buy some in the IBKR brokerage instead.

some more frph cuz I'd rather own that than cash, a smidge of google.

Sold the Fairfax shares I bought in August for a nice little gain. Back down to “only” a 20 some % position.

If someone is really doing SPY+30% over multiple decades/cycles… well I’d rather just give them my family’s money to manage vs cloning them. Who is it @Ver?

I don’t think a single 50 point cut is going to do much in terms of valuation. I know in the past 5% treasuries have been something WEB likes, seems like less than that and they aren’t attractive to him…

What would you have him do with the cash? Not too many elephants out there at the moment.

basket of Chinese e-commerce - JD, PDD, BABA, .05% position each. I figure I'll add if these continue to fall, would be comfortable making each a 1% position.

Have the recent batch of republicans even been better than democrats when it comes to spending? Seems to me like democrats like to tax and spend and republicans like to cut taxes and spend anyways these days..

Added for the first time in over a year on Monday as well. Probably added too much too soon, but that seems to be a reoccurring theme with my investments. Always too much too early, when I should be taking more of a DCA approach. Oh well, I have some cash so if things continue to drop I'll just buy a large chunk again.

It's refreshing to see a price target that's not 10% higher or lower than current price and actually has some kind of multiple slapped on, even if crude. I remember when Facebook dropped from $330 to $80 and certain bullish analyst price targets went something like $350>$300>$250>$200...all the way down to $100.

I remember stumbling across Net-Net Hunter years ago looking for a global ncav screener. Glad to see Evan is doing well, seemed like a decent dude. I'll have to grab his book.

I don’t think the market is looking out 3 years. I think maybe the approaching hurricane season and certainly general market conditions are the reason for today’s drop/fear

Nintendo - not sure why people are surprised YOY sales are trash when last Q2 had the Mario movie and Zelda. Not to mention the Switch has been selling far better than it should be for a couple years now. The company continues to protect it's IP, become less cyclical and more digital, and has obvious catalysts/levers to pull. Fairfax - Already overweight but this seems too easy. Also took profits on some commodity stuff/companies without a ton of upside that weren't hammered today. Cash ready to deploy...

I can see it now... Market is down 30%, Fairfax is down 20%. Carson Block: "See, I told you!!!!!"

No...go take a look at the rest of the market today