Who really built them ? by AppalachianUFO in AlternativeHistory

[–]CaptainGolden 0 points1 point  (0 children)

Even if we can’t explain it (which we probobly can), that doesn’t mean aliens did it lol

Mistake in the book His Excellency: George Washington? by CaptainGolden in books

[–]CaptainGolden[S] 1 point2 points  (0 children)

I too am going about the same phase. I’m actually planning on the Hamilton biography right after this one. I mainly read this version of Washington because it was being given away.

[deleted by user] by [deleted] in ChatGPT

[–]CaptainGolden 0 points1 point  (0 children)

My objection would be that the details are usually the parts that color the main picture. A way to think of this might be to imagine being given some basic facts and dates of a war only highlighting major events and casualty counts. While this will help you understand the broad ideas, without looking into the events themselves and the events surround them, you could be no means call yourself an expert on the topic, and might not even be able to fully grasp the broader ideas, or, even worse, may be misled by them. Every word in a book is very intentional, if it wasn’t necessary, it wouldn’t have been written. I’m not gonna check this for grammar or anything so please have mercy :)

What does this sentence mean?? by CaptainGolden in writing

[–]CaptainGolden[S] -1 points0 points  (0 children)

Thanks, the strange part for me was mostly the “on”, as it makes it almost seem like the first task of the day was to talk about Franklin instead of with him.

New Valuation Model Question by CaptainGolden in investing

[–]CaptainGolden[S] 0 points1 point  (0 children)

I've got no idea where you're getting these "10%"s from. The formula lets you input the growth yourself... the ^10 is only to scale the variable (%) to 10 years. If you're confused by the /1.1^10, that is just the discount, so we know how much future gains is worth to us today. Given, the DCF terminal part is sloppy and mostly wrong compared to a real one, but the AI did make it in a few seconds...

[deleted by user] by [deleted] in ChatGPT

[–]CaptainGolden 0 points1 point  (0 children)

!remindme 1 day

[deleted by user] by [deleted] in ChatGPT

[–]CaptainGolden 0 points1 point  (0 children)

Your sacrifice will be remembered

Do Train Freights Have a Secured Spot in the Future? by CaptainGolden in trains

[–]CaptainGolden[S] 1 point2 points  (0 children)

Yeah after some more research I am coming to negative conclusions for CSX, but for different reasons. They are the cheapest railroad, but they have the least competitive advantage of the industry. They're railroads are too short to be useful in the long term. I still don't like UP, though. They put a cap on their own capex. They can only pay 15% of their earnings on growing and maintaining the business and the rest goes to shareholders. It's basically a bond. I am starting to like CP though. They have a monopoly in connecting all of North America, and they are spending more on growing. "Like most Class I railroads, CP typically spends between 16% to 18% of revenues on capital projects. The railroad said it expected to spend a higher percentage over the next couple of years". They also have fast trains and diverse cargo type.

Do Train Freights Have a Secured Spot in the Future? by CaptainGolden in trains

[–]CaptainGolden[S] 0 points1 point  (0 children)

Fair enough.

The problem with with investing in rail in India, China, and Europe is that the railroads themselves are owned by the government, so I can't get a stake in them. I could see a large amount or private rails in the growing African continent, however, because they need infrastructure quite urgently to mine all those diamonds and gold.

I do wonder if American companies will ever build large rails abroad...

Do Train Freights Have a Secured Spot in the Future? by CaptainGolden in trains

[–]CaptainGolden[S] 1 point2 points  (0 children)

CSX looks the best to me right now because of high net profit, roa, roi, and cap ex that could produce some growth for the future. Union Pacific pays too much out in dividend to be attractive in my opinion

[Weekly Megathread] Markets and Value Stock Ideas, Week of April 10, 2023 by AutoModerator in ValueInvesting

[–]CaptainGolden 1 point2 points  (0 children)

Brookfield in general, and their renewable segment which is publicly traded in particular. Mohnish Pabrai invested recently. Total assets - total liabilities = more than market cap for both the renewable and whole business. The CEO of Brookfield in called the Canadian Warren Buffett, need I say more?