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Posted
22 minutes ago, DooDiligence said:

I don't care who you are, this shit's funny.

 

 

 

I started to laugh, and asked the Lady of the House, to see it, after which she said : 'That's NOT funny!', and then I coulden't control my laughter. 😅

Posted
12 hours ago, DooDiligence said:

The one guy in the 3rd shot grinning, and then not grinning, was what made me 😁

He almost spoiled the not fun.

 

Great, awesome start on my Wednesday! 🤣

  • 3 weeks later...
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Posted (edited)

In the land of the blinds [I think it was a PlanMaestro thingy on X about 9 years ago] - Perhaps we one day find such blind man's sticks available under accessories on Apple and Samsung websites? 💡😛

 

image.png.69dddb5ccfd312ee9d7121688f81444b.png

Edited by John Hjorth
Posted
2 hours ago, formthirteen said:

🤑

 

r/EconomyCharts - The Nasdaq is now worth 145% of ALL the money in America (M2). That’s the highest level in history

 

🤣

 

I'm not doubting that markets are overvalued, but I'm not sure 2000 rhymes historically with 2025.  Most of the tech companies in 2000 were not making actual money other than the Microsofts, Intels and Ciscos.  The rest were essentially junk or were companies like Amazon!

 

Today, most of the tech companies are profitable and have excess working capital.  Maybe you could compare tech companies with negative working capital in 2000 to tech companies with negative working capital in 2025.  Those numbers probably will not match.  Cheers!

Changes in Net Working Capital.jpg

Posted
5 hours ago, Parsad said:

 

I'm not doubting that markets are overvalued, but I'm not sure 2000 rhymes historically with 2025.  Most of the tech companies in 2000 were not making actual money other than the Microsofts, Intels and Ciscos.  The rest were essentially junk or were companies like Amazon!

 

Today, most of the tech companies are profitable and have excess working capital.  Maybe you could compare tech companies with negative working capital in 2000 to tech companies with negative working capital in 2025.  Those numbers probably will not match.  Cheers!

 

Yes, there is always a deeper story behind a chart and you’re right about why the Nasdaq today isn’t like it was in 2000. Hormel Foods (P/E ~18) vs Nasdaq (P/E ~35). HRL has not seen any real revenue and EPS growth over the past 10 years. You could argue HRL is overvalued, but maybe not on a value investing forum.

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