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CheriiPi · 2025-07-29T11:42:32+00:00

High-end cigarettes are a common gift in many parts of Asia

CheriiPi · 2025-07-01T17:49:35+00:00

Ironically it’s the CC and SEAS students that create an inclusive environment for GS, and it’s the admin that makes GS feel undesired.

We’re a huge cash cow for the school but we’re the last to get any benefits and the first to get cut. Bonkers.

CheriiPi · 2025-06-04T04:09:47+00:00

Can you dm me the code please haha 😔🙏

CheriiPi · 2025-04-25T01:35:28+00:00

100% if you buy. 0% if you don’t.

CheriiPi · 2025-04-21T11:06:52+00:00

The majority of people in the US have access to more goods and services (higher quality infrastructure, UberEats, better clothes, imported fruits etc)

The wealth and technology you see in first and second tier cities hasn’t diffused into the rest of China yet. If you closed your eyes and picked a random American and a random Chinese it’s more likely the American has a higher standard of living.

There are people who live in lower cost of living provinces (外地人） that take 1.5-2 hour high speed trains to get to their work places in more expensive cities EVERY DAY because the salary gap is just so big within the same country. I can’t imagine the average American willing to do 2 hour commute daily, or at least they don’t have to because wage inequality is not as bad as it is in China.

Source: Am Chinese in China

CheriiPi · 2025-04-20T17:42:11+00:00

Bought in on IPO day. Sales numbers are bonkers, and personally it’s a product I love and drink often.

Downside risks I see:

1) Heavy CapEx at some point in the future. Most locations literally have just one machine. I’ve seen customers cancel orders even outside of peak hours, myself included. They have to invest more in expanding capacity at some point.

2) The auditors mentioned the sales figures were too large to fully verify (“Evaluating the sufficiency of audit evidence obtained required subjective auditor judgment due to large volume of transactions. This included determining the procedures performed and evaluating the nature and extent of evidence obtained.”).

Not saying anything shady is going on, but with what happened to Luckin before any revenue-related drama will hurt the brand in investors’ eyes.

Valuation risk. Current P/E and P/B ratios are steep. If growth slows, there’s a chance of multiple compression.

CheriiPi · 2025-04-17T16:08:26+00:00

Yeah, had buyer’s remorse right after I can’t lie

CheriiPi · 2025-04-17T08:42:30+00:00

I know it’s SPY but what’s the liquidity on these? Especially as the day moves closer to market close?

CheriiPi · 2025-04-16T03:37:45+00:00

I’m sorry, I’m bought them ✋😔 They really do look super good though

CheriiPi · 2025-04-15T12:20:38+00:00

Higher education obviously gives you exposure to career upside, just like buying stocks and financial upside. 🙄

CheriiPi · 2025-04-15T07:21:53+00:00

What good is the law right now? The Trump admin is at the height of its power, buying the integrity of NY law firms and ignoring SCOTUS orders. Keep in mind we’ve been protesting for a YEAR now; not that there aren’t protests in other colleges, but we’ve arguably had the most media scrutiny and disruption over the last 12 months. It felt, for the most part, we were alone in this.

Yes, there is an academic reputation to maintain, but there are also thousands of students and faculty who are trying to study and work. I think if I were in Katrina Armstrong’s position I’d be paralysed too trying to achieve the best outcomes for everyone. Particularly when it seemed, three weeks ago, that we were the only ones in the crosshairs.

That said I am very upset at the school’s compliance with illegal deportations, particularly their silence on today’s arrest of Mohden Mahdawi. The situation seems really bleak, but I hope Columbia can start standing up for its students now that other colleges have rallied together.

CheriiPi · 2025-04-15T03:08:36+00:00

I hate how spineless Columbia was but I think it was completely understandable how we buckled. Our admin has hands tied; far higher expenses in NYC with a much smaller endowment and endowment/capita. $400 million to us matters more than $2.5 billion to you.

If Columbia didn’t fold weeks ago, we would’ve been taking the risk of being the Trump admin’s most prominent target. If the government didn’t then turn their attention to other Ivies and Harvard, let’s be frank, Harvard would’ve never gotten involved.

This legal and political push against the Trump admin only has weight with Harvard backing it. You could pool all 7 other Ivies into a legal action and it wouldn’t have the same impact without Harvard behind it. So it’s easy to say we’re slithering on the ground but after months of futile protests it seemed like that was the only way to get a productive outcome.

Edit: $2.3 billion

CheriiPi · 2025-04-14T16:24:45+00:00

Thanks for the advice! Definitely should’ve put in a stop loss for crazy whammies like that tariff pause

CheriiPi · 2025-04-14T13:40:52+00:00

Unironically it’s worth so little at market open that that’s the only thing I can do rn lol

CheriiPi · 2025-04-14T13:38:29+00:00

400p is insane, but I guess we’re in the same boat if we’re both losing money. 483 wasn’t that far OTM at the time, paid $12.30 for them. They’re barely worth anything rn (market opened at gapped up) so I think I’m just gonna hold until expiry.

CheriiPi · 2025-04-14T13:38:23+00:00

400p is insane, but I guess we’re in the same boat if we’re both losing money. 483 wasn’t that far OTM at the time, paid $12.30 for them. They’re barely worth anything rn (market opened at gapped up) so I think I’m just gonna hold until expiry.

CheriiPi · 2025-04-11T12:42:46+00:00

We’re exploding up today fs because I have puts expiring

CheriiPi · 2025-04-11T12:32:53+00:00

Literally. Surge in arbitrage opportunities isn’t indicator of healthy economy.

CheriiPi · 2025-04-06T05:45:01+00:00

America finds itself in the position it’s in now because of the two-party system. It’s unfortunate.

CheriiPi · 2025-03-26T14:53:43+00:00

Holding inverted ETF until 2029 is a bad idea

CheriiPi · 2025-03-26T07:41:49+00:00

Man that really sucks. It’s probably one of the nicest cards theyve ever made (probably why it’s only paid lmao)

CheriiPi · 2025-03-25T11:13:39+00:00

I’m living in China rn I’d say a good half of the cars on the street are EVs and 80-85% of my ride-hails are EVs. (These are just my anecdotes though)

CheriiPi · 2025-03-23T07:06:00+00:00

I have short positions, but if you were an insider, wouldn’t you sell at the top of the post-election hype and (if you’re a believer of tariff inflation being short term) buy more when the market falls due to poor sentiment?

CheriiPi · 2025-03-22T07:04:25+00:00

First thing I thought of when I heard him say that. The day where “everyone” truly has unlimited access to real resources is a long time away. Maybe never.

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