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    Share offerings

    Spoken like some who has met about zero CEOs. It's like you're not only ignorant but proud of it. If being a CEO is so damn easy why aren't you one? Hahaha! Pinterest is an internet growth stock. It does not currently have significant profits, nor has it had meaningful profits in the last 5...
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    Share offerings

    I'm just not a ridiculous socialist. Managing a $100 million dollar plus enterprise is the last place where you should be going cheap. I'd much rather pay people well to do that than pay grown men hundreds of milions of dollars to play a kids game. (And I don't really thank athletes pay...
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    Share offerings

    Hahahaha! You can't make this up. Sure buddy! People will be lining up for an offering that requires them to pay more than shares are trading for on the open market just to satisfy your sense of entitlement.
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    Share offerings

    Or you should keep track of the price of your shares and sell them off if the price is too high. Generally a company should be comparing the cost of borrowing money at interest vs the cost of selling shares. In some cases it's cheaper to sell shares than to borrow money, even from a...
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    American debt

    I do not understand why you're so convinced of this drivel. Let's say I started printing "engineering bucks" and I gave you some. It doesn't mean I can't borrow them back and pay interest. You can argue about what the effects my actions might have on the exchange rate or purchasing power, but...
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    For those fawning over NVDA ... some history

    This is a big reason why I like value funds. Buying an established, huge company at a PE of 70+ is stupid. A good fund should do the opposite of what this is doing. Buy low sell high. The whole idea that because the price went up you should buy more is dumb. The earnings must justify the price.
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    For those fawning over NVDA ... some history

    How do people not instantly lose all their money thinking things like this? So my bank is going to fire the people responsible for their web ui and replace it with an unaccountable so with uncertain output quality? And they're going to put an ai in charge of checking whether the accounts...
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    American debt

    This is a ridiculous assertion As an actual t-bill holder I will confirm that They took my money They paid me interest They returned my principal That is what borrowing money is.
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    Schwab Down

    Down again.
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    Climate Change (Patrick Moore ... Greenpeace Co-founder)

    Remedial science for fools: A scientific theory must: Explain previous results and make future predictions Be falsifyable If you cannot state a specific set of circumstances under which you theory is proven wrong, then it's not science. Science creates certainty all the time in the form of...
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    Climate Change (Patrick Moore ... Greenpeace Co-founder)

    But what it does mean is that you science is BS. You know, if you happen to actually care about that sort of thing.
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    How did Roaring Kitty get the USD 174.5 million?

    Not with short positions. There whole point is to figure out something before the rest of the market, take a position and then convince the rest of the market you're right. Going public is the point. You don't want to wait around and hope they figure it out independently.
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    Investors who lost money in the pandemic meme stock craze - what do you think of the current rally?

    I wouldn't bother. All the stories I see from her are either very establishment or are "look at these people who think the wrong thing". Modern media are a cancer. Don't take my word for it. Look at her previous stories and ask yourself if you want to be mentioned in something similar...
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    Stocks that performed well during GFC

    So I started looking at AutoZone... P/E ratio 21 Assets 16.72b Liabilities 21.55b Operating income 962m People are paying 20x earnings for a company that is several years of income in the red. So who they hell is paying that? Vanguard, Black Rock, JP Morgan. All those guys managing you 401k...
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    Money managers claw back half of 2022 losses, see further gains

    I think lot a of muppets are going to have failed CRE investments pawned off on them. I would not buy RE without knowing exactly what I'm getting. I completely expect organizations to roll back rent into new leases with some number of free months just so the owners can say the tenants are...
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    Money managers claw back half of 2022 losses, see further gains

    Really? In my opinion the interest rates being paid by private borrowers and way under what they should be to justify the added risk over just buying a tbill. Funds buying a lots of this debt are asleep at the wheel. I looked at the actively managed bond funds available in my 401k: 4 or 5...
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    New Texas Stock Exchange Takes Aim at New York’s Dominance

    Not before they submit the offer to the seller. How hard is this to get? Let me spell it out very clearly : "REALTORS® shall not knowingly, during or following the termination of professional relationships with their clients: 1) reveal confidential information of clients; or 2) use confidential...
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    New Texas Stock Exchange Takes Aim at New York’s Dominance

    Read what I wrote again. It's about payment for order flow. The hundreds of millions of dollars they are paying to brokers. A seat on the NYSE isn't even a significant fraction of what Citadel pays for order flow. The rest of your argument seems to degenerate into "well other people have...
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    New Texas Stock Exchange Takes Aim at New York’s Dominance

    Read again. Shares you bid information with someone who then competes with you.
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    New Texas Stock Exchange Takes Aim at New York’s Dominance

    This is not hard stuff. Imagine if you were looking for a house. Imagine you hired a realtor and were putting in an offer on the house. Now imagine that broker is getting cash payments to share your bid information with a third party who then bids against you on that property. If they buy the...
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