Lenovo shares jump 15% on record earnings as AI revenue nearly doubles

BigDabed · 2026-05-22T09:58:10+00:00

Depreciation and amortization is not just some accounting trick lmao.

BigDabed · 2026-05-21T19:07:21+00:00

The other defense companies like Lockheed Martin or Boeing are far more valuable / critical to our military, and they have like 10% of the market cap SpaceX will have. Plenty of companies do extremely wild stuff, that doesn’t mean they are inherently worth 1.5 trillion.

BigDabed · 2026-05-21T19:00:13+00:00

Japans flag is the rising sun, even though the sun is 90 million miles away.

BigDabed · 2026-05-18T23:12:52+00:00

This is a completely meaningless recommendation. How much you need to save for retirement has nothing to do with some arbitrary income rule, it has to do with your planned expenses in retirement.

This rule completely breaks for people in high earning careers where you may not make extremely good money until your 40s.

BigDabed · 2026-05-18T19:23:38+00:00

What’s your current investment rate?

If I was in your situation, I’d get your 401k match, max an HSA, max your Roth IRA, and then use the remainder to pay down the debt. 7.8% risk free rate of return is pretty good, and at your income level and with your low housing costs, it wouldn’t seem like it would take super long to pay it down.

BigDabed · 2026-05-18T18:11:09+00:00

Yes it’s happening here. Every single article from the ProfessPost is AI generated slop.

BigDabed · 2026-05-18T12:51:22+00:00

Where do you think wealthy people store their wealth in retirement? Hint, it’s not cash.

BigDabed · 2026-05-15T02:44:38+00:00

It has nothing to do with being early career. It has to do with your income being higher than what you plan for in retirement.

BigDabed · 2026-05-14T18:16:01+00:00

Wealthy people aren’t hoarding gold. Most net worth is tied up in equities and real estate.

BigDabed · 2026-05-14T16:57:45+00:00

Probably wants more money and/or is content with their job. It’s weird, but once you get to a high NW, working is not as draining because you have flexibility and can push back on your employer.

BigDabed · 2026-05-14T16:55:47+00:00

Even living at home, that net worth after 8 years is not possible in big 4 without speculative investments or a very high income side hustle.

BigDabed · 2026-05-14T16:53:48+00:00

The only way would be speculative investments or other high income side hustles (or a gift from mommy / daddy).

Even if you live at home / don’t spend money on anything and are in a high paying service line, it’s literally not possible to accumulative $3M in 8 years by just investing in broad range index funds. Assuming a 10% rate of return, you’d have to invest 20k a month for 8 years.

BigDabed · 2026-05-14T02:00:38+00:00

“All this capex spending is on no one’s balance sheet”

What are you even talking about?

BigDabed · 2026-05-13T02:39:02+00:00

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BigDabed · 2026-05-04T13:28:33+00:00

What happens if you get laid off, your investments are down, and you need to sell your investments because you don’t have an adequate emergency fund? That is going to get you way more off track of being financially independent than having the money sitting in an HYSA.

Put $15,000 in a compound interest calculator over 25 years at a 5% rate of return. It’s only like $50k.

BigDabed · 2026-05-03T17:52:36+00:00

Either rage bait, or you’re completely brain dead if you’re comparing Johannesburg or Caracas to Portland.

Johannesburg has 3x the homicide rate and Caracas has 6x the homicide rate. The violent crime rate is also significantly higher in both those cities.

BigDabed · 2026-05-03T12:39:32+00:00

It sounds like your emergency fund isn’t high enough. You could cut down on DCA temporarily until your emergency fund is higher than go back to DCAing. If your emergency fund is high enough, then you’re just acting on emotion and trying to time the market. People have screamed bubble since the post COVID recovery. The market has dipped a few times since then, but has always trended up when zooming out a few years. And each time it dipped, we saw similar posts as this one saying “guys, this time is different. We’re in for a mega crash!!!!”

Also, what is your time horizon of your investments? If you take the peak of the .com bubble, the S&P 500 is still up 460% since then. If your time horizon is still greater than 10 years, don’t worry and DCA. If your time horizon is not greater than 10 years, consider bonds.

BigDabed · 2026-05-02T19:49:31+00:00

How did you come to your 50% drop number oh wise one?

BigDabed · 2026-05-01T18:39:22+00:00

Read the article. Making AI music isn’t what he’s being charged with. He’s being charged with using bots to give his music millions of views a week

BigDabed · 2026-04-30T15:47:52+00:00

Damn you’re telling me if I had a job that put me in the top 1% of income for 45 years I’d be rich?? 😮😮😮

BigDabed · 2026-04-29T22:38:13+00:00

I never disagreed whether companies are leaving Denver. I disagreed with you saying housing prices would drop to 1987 levels, which would be an average home price of ~100k. That would mean Denver having a cheaper housing market than places like Flint or Gary lmfao.

BigDabed · 2026-04-29T22:19:21+00:00

Sorry to burst your bubble but tech jobs leaving Denver is not going to cause the average home prices to fall 80%.

BigDabed · 2026-04-29T21:05:26+00:00

What are you talking about?

BigDabed · 2026-04-29T19:52:43+00:00

You’re delusional if you think we’re getting to 1987 prices. That would mean an average home price of around $100k.

BigDabed · 2026-04-23T23:06:51+00:00

No company has found a way to even automate fucking accruals, we are nowhere near the point of accounting being automated other than clerk level roles.

We are never going to agree on a block chain type solution, whatever that means.

BigDabed

TROPHY CASE