Valuebo

Man, we really are going to see no wealth effect on consumers on the way up and a massive recession once this turns around, won't we? Rip Coupang & co.

Feel free to reach out of you would like so tips in terms of sightseeing and bars/food you should try out!

Agreed! My absolute personal European favorites are probably Lissabon, Prague and Rome. But the list is endless. Just to name a few others I love: Krakau, Budapest, Porto, Siena, Matera, Lecce, Copenhagen, Granada, ... But the list is truly endless and then you don't even mention all the obvious ones. I think we sometimes forget how lucky we are to live here in Europe. --- Anyway, sorry to derail this topic further! I'd say my number is 3-4 million personal NW to feel truly wealthy whilst also having a partner. I'm well over halfway there in my thirties but for a good part that's because of an inheritance that helped kickstart this further. I'm fully motivated to keep doing my own projects and grow opportunities whilst not becoming a slave to my properties / general material wealth. Living the good life is fun but without the other side of the coin, you kinda start taking things for granted and can appreciate those good times less.

Oh yeah, the Sint-Michiels bridge is one of the best and most famous spots here to see the most impressive architectural landmarks all at once! What is crazy is that the Sint Michiels church (it was to your right side when you took the first picture) was meant to have a tower of 134m in height initially in the 1600's. To compare, the Sint Baafs cathedral is "only" 89 meters. Sadly they ran out of money back in the day so it go stuck at 80-something meters and a flat tower roof. I've jokingly posited amongst friends before that they should make a big wooden terrace on the flat surface of the Sint Michiels Tower, ask an entrance fee for what surely would be the best historical landscape view in Belgium and invest it back in the city! In any case, it shows the absolute wealth we also had in the The Netherlands / Flemish regio at the time.

Would be great to see those pictures! Great to hear you had such a great time! I'm actually in the market for a new home here. Visiting a couple this week. So exciting times. Luckily (and obviously) we don't pay the eye popping prices of Amsterdam or London but it's definitely getting expensive for regular young people to buy here, especially since so many people like it here but the city itself is so very small. Truly blessed to be in a situation where I can just decide to live here in all comfort without sacrifices.

Yes, it's Ghent. I always tell people all over the world to not necessarily go to Bruges or Antwerp but head straight to Ghent when coming from Brussels. Ghent has even more charm than Bruges and far less tourists and chocolade shops. It's a student city with thus lots of younger people but obviously has evolved to become one of the more expensive places to buy or rent a home in Belgium.

Absolutely. I've been living nearly all my life in what I still to this day call the most beautiful (albeit small) city in the world. I used to think people claiming their kid, house, city, country, ... is the best are silly but I do kind of believe this for my city. Obviously this is extremely subjective and you can choose many parameters to try and debate this, but in the end everyone values things differently. I still absolutely love going to the other side of the world, visiting awe inspiring nature or crazy cities like Tokyo, Bangkok or New York and then coming back to my small and well known city. It is the complete opposite and some form of safe haven where I can relax and soak up the beauty of the architecture and my memories here. Picture below (gonna dox myself here but that is fine) from a couple months ago in my home city and there are many well preserved historical spots like it. I'd hate to one day leave and never come back here, despite traveling for months every year already. It's truly part of my identity. Anyway, your post reminded me and made me reflect on this. So thanks for the discussion.

More Terravest and new (well I had before but I reopened) Nintendo and Copart positions. First one 1% of NW, others 0.3-0.4% so obv looking to increase. All with CPNG profits, selling some short term calls into this strength.

You really shouldn't drink so much beer!

The biggest argument for buying BRK currently is simply that it's generally a very good hedge when the market gets frothy and will fare better in a min extended downturn. Esp when you have more capital over time, you get to sleep a lot better having a good chunk in brk, but that's just me.

Bought Terravest on the dip below $120 only to see it's again already $140 today after a few days. Weird stock but I'm not complaining. Bought it around $125 in december but barely had a position so I didn't sell any after a quick run up. Also bought Nintendo around $13, BRK at $472, Adobe sub $250, Domino's around $270 and some CSU. Mostly with some gains from Gitlab and Coupang options, although i'm definitely underwater on some other Gitlab options I bought a while back. Consistently trimming some leverage in favor of stronger laggards as I prefer market fear over whatever the hell this market action is.

Is there anyone who is of the mind that "AI" actually got smarter or at least edged more towards some form of determinism when comparing to say a year ago? It only seems to get better at things where it can lean on more training data and compute, like coding. I've held since years that actual AI is obviously nowhere near reality and I believe the market will grasp this in the coming quarters as well. It's gonna keep doing exceedingly well as a tool when used correctly, but at a financial cost and with the knowledge that you can't let it run freely without supervision or critical thought, as it can't ever actually "think" (despite model bullshit talk obviously claiming otherwise). I'm finally starting to see people around me wake up to the fact that these things just make shit up, lie, pull from untrustworthy sources and simply have serious limitations outside of some areas where it can be very powerful. Good to see this in actual day to day life and not just on Twitter. As the saying goes, buy when the stock doesn't go down anymore on bad news. The story has hopefully reached max pessimism for software companies and new actual developments in the space (versus make believe and hype stories) are likely to taper off further, with each incremental gain to be smaller than the last and showing more and more limits and possible issues as time goes on. I'm really curious to see where we will find an equilibrium for usage versus cost, not only financial but also in terms of people and environment. Especially post subsidizing and peak AI delusions.

Held my nose and bought more GTLB calls and also some BLDR calls aside from common I already held. At least my CPNG calls are turning around slowly and I sold some TEAM leaps a few trading days ago for a quick profit. Especially GTLB I'm scratching my head, but I guess it could always trade below 2 times revenue ex cash?

Bought more CPNG leaps with TEAM profits. Got to love the pain!

Can I pay to give up that thread?