Malmqky

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

Some Valaris warrants...have a few limit orders that were partially filled.

Yep. You also have to look at things as a whole. I know he mentioned Apple and such near the end of the article, but the author needs to actually factor them into his argument as well. You can’t just isolated companies Berkshire has bought 100% of and judge Berkshire based solely off that. That’d be like looking at Lamar Jackson and saying “hmmm… if we ignore his rushing ability and stats he’s actually a below average quarterback because he doesn’t have as many passing yards and tds as other top qbs”. Besides, I’m not sure if anyone thinks Berkshire is going to consistently beat the SP500 now that it’s pushing $1T in valuation anyways. But I’d much rather own Berkshire than a very top heavy SP500.

Sold some Valaris stock, bought some warrants. Sold some Tencent, bought some Prosus (gross).

You are all crazy Never sell Berkshire! But yeah it certainly is trading at what’s historically been peak valuation..

I think it would be better to just post updates in this thread, that way discussion is consolidated. I have nothing really to add to this, but I like this idea, might move some of the parents funds into it. Thanks for sharing.

Snagged some HCC pre-market Nice little gain. Also bought some Atkore Friday. Not really sure if I want to make it a full position but there’s lots of things to like..

Nice little jump in met coal stocks today

Acquired if you can count that. Sometimes Chit Chat Money or whatever they’re called now. Sometimes Yet Another Value Blog(channel?)

Looks a lot like the “CoFB portfolio” mixed with big tech What’s your cost basis for these out of curiosity?

I don't really work with AI as part of my software dev job, but know quite a few people who work at FAANG doing cutting edge ML research, working directly on Bard, FB’s offering, Microsoft’s OpenAI integration, etc. I think they’d all agree with you - a lot of the AI work being done is defensive in nature and the actual feasibility isn’t certain yet. And don’t get me started on these random Fortune 500 companies implementing AI. What a joke. It’ll be interesting once the dust clears.

Hershey

Surprised IB is doing this. Something like Vanguard who won’t even let you buy OTC sure, but isn’t IB’s second strongest selling point the international options?

Truer words have not been spoken. Stress is the number one thing to eliminate in your life.

A little Warrior Met Coal. Looking at SBUX, ULTA, LULU. White girl stocks.

Oh hey, core re/insurance subs upgraded to A+ and FFH upgraded to BBB+ by S&P

I agree with you, but I think there’s merit to training horizontal and downward vertical pulling directly as well. I know deadlifts train your back isometrically, but I found it wasn’t enough for me personally. I didn't start adding direct back work until I hit a 4 plate deadlift for reps, but after doing so, back size and strength went through the roof. Also posture has never been better after training heavy, strict rows. Even Mark has you adding pull-ups/chin-ups in the “second part” of starting strength after you’re done deadlifting 3x per week and start alternating with powercleans/rows. Im also younger than you and my goals when it comes to lifting aren’t necessarily health related so perhaps that makes a difference as well.

Lots of people finance everything and spend too much on cars. Then think about college kids, etc. Makes sense to me

Yes, you may be right. However, tech layoffs are inevitable. They happen every downturn. And dudes with $300k TC who “just” meet expectations are often the first to go…especially if management figures out they’re only doing “real” work for 20 hours per week. If both jobs are in tech, chances are you lose both around the same time. If you grab two developer jobs outside the tech industry (think F500 instead of FAANG), you would probably* be safer from layoffs. Just kind of rambling..