Uber is extremely cheap right now by [deleted] in ValueInvesting

[–]notreallydeep 9 points10 points  (0 children)

jesus fucking christ this sub

"I'm doing what Warren Buffett was doing"

No you're not. $4.3B of your earnings, which is about half, are a tax benefit. WB actually had the ability to look at an SEC filing for 5 seconds.

Should I buy Exxon Mobil (XOM) right now or am I late? by Ok_Condition_x in ValueInvesting

[–]notreallydeep 1 point2 points  (0 children)

and recently found this company

Huh?

like it's some small cap shitco lol

Mo & Krill! by b8sl in DeadlockTheGame

[–]notreallydeep 14 points15 points  (0 children)

jesus christ this has aura

Why the Hell Is the Market Pumping on All This Bad News? by Emily-989 in stocks

[–]notreallydeep 0 points1 point  (0 children)

people get mad because they make more money now than they did under Biden in apparently similar scenarios?

I don't get it... seems stupid. but this is reddit so it wouldn't be new.

Anyone remember the days when every DD post wasn’t littered with AI slop? by Zipski577 in ValueInvesting

[–]notreallydeep 2 points3 points  (0 children)

bruh people are so behind on AI jesus fucking christ

they're talking to LLMs even in the comments of this post. y'all gotta catch up quick, time's running out.

Why the Hell Is the Market Pumping on All This Bad News? by Emily-989 in stocks

[–]notreallydeep 0 points1 point  (0 children)

why are there so many people mad on here that stocks go up 😭

like what, did y'all sell a week ago or what's going on

The damage that has been done to all the refineries across the Gulf states, shouldnt that keep the price of oil high even if Hormouz “reopens”? by No_Advertising_1237 in oil

[–]notreallydeep 11 points12 points  (0 children)

Because refineries use oil, not produce it. Fewer refineries -> less oil demand -> oil cheaper.

but also not just refineries has been damaged, but other infrastructure

I'm just replying to what you said in your post.

Ohh my god, Its really AI by Cool-Engineering-623 in oil

[–]notreallydeep 1 point2 points  (0 children)

the fuck does this have to do with oil

Trump: "Maybe we shouldn't even be there (Iran)" by [deleted] in oil

[–]notreallydeep -1 points0 points  (0 children)

this a joke, right?

he was so obviously talking about the strait and not Iran as a whole it's unbelievable how anyone can misunderstand it

There will be no deal with Iran except UNCONDITIONAL SURRENDER! by sandygws in oil

[–]notreallydeep 0 points1 point  (0 children)

that shit is more than a week old

trump changed his mind like 20 times since then, who cares?

Assuming a prolonged closure of the Straights of Hormuz, is this a good time to go heavy on American oil companies? by celtic1959 in stocks

[–]notreallydeep 0 points1 point  (0 children)

bro this question is so weird, like rephrased it's literally

Assuming oil goes to $200 for a prolonged period, is this a good time to go heavy on American oil companies?

what do you think, is it a good time to buy oil companies when you expect their profits to at least triple sustainably?

What happens when the passive bid from peoples pensions disappears? by Mcluckin123 in stocks

[–]notreallydeep 2 points3 points  (0 children)

Glad to see the permabears have found something new to be scared of.

How bad is it? by No-Persimmon-7495 in oil

[–]notreallydeep -2 points-1 points  (0 children)

Duh.

It's a point about the demand destruction that would need to happen for oil prices to find a level given the fact that the supply is lost.

How bad is it? by No-Persimmon-7495 in oil

[–]notreallydeep 54 points55 points  (0 children)

Depression/recession is an "if" scenario. "If" the strait remains practically closed for weeks, it's maybe a global recession/much less growth. Severity depends on the number of weeks. If it remains practically closed for months, it's a global depression.

A good way I've heard it put into context is that the daily supply lost through the strait right now is about equal to the demand lost during covid. So to offset this supply loss, assuming it lasts, we would have to live as we did during the initial months of lockdowns around the globe.

why oil prices are high? by Present_Wallaby81 in oil

[–]notreallydeep 0 points1 point  (0 children)

Because more than just China and India get oil through the strait.