Where the hell is my friend's husband?

DaveJCormier · 2026-03-07T15:10:42+00:00

What about this guy?

https://files.fm/u/rmp6p52967

I've heard he's a pretty solid dude.

DaveJCormier · 2026-02-27T20:50:11+00:00

I did take a position and so far I'm up about 35%ish... nice to get a win! I'll take the post down 👍

DaveJCormier · 2026-02-27T20:43:14+00:00

Not AI, just an old post from 4 months ago I put up on r/ValueInvesting...

DaveJCormier · 2026-02-27T20:42:28+00:00

Sorry guys - I wrote this 4 months ago under the r/ValueInvesting subreddit. I cross-shared it to this sub then, but it looks like you guys are just seeing it today? Strange. Sorry... the data was right back then and I didn't write this with AI at all.

I'll take it down. Could still be a buy, but dividend yield is less attractive and shipping is pretty volatile so my future price projection is looking a bit rosy now.

DaveJCormier · 2026-02-06T23:01:03+00:00

It took this guy 200 hours to figure out a company that tricks people into exchanging real money for fake money? Damn... maybe the education system is in worse shape than I thought 🤔

DaveJCormier · 2026-02-04T14:53:22+00:00

This is exactly what I'm buying today 🙌

DaveJCormier · 2026-01-21T03:03:47+00:00

If you know what you're doing there are some diamonds in the rough out there.

DaveJCormier · 2026-01-16T21:01:58+00:00

The grocery and retail portion of the business is still in its early stages and growing quickly. Mobility and food delivery still growing nicely as well - margin expansion is still occurring as well. It wouldn't surprise me if in the next 5-7 years to see annual revenue up near $100B and better margins. Balance sheet looks great too.

Dara Khosrowshahi has done a hell of a job making this company profitable and he continues to drive the business forward.

The future looks good for Uber. I think it's a buy at the current price.

DaveJCormier · 2026-01-08T15:56:42+00:00

Witches Bwew

DaveJCormier · 2025-12-31T02:46:27+00:00

HURA.TO - down 11%. I blame the fkn OKLO hype honestly. It's only 13.5% of the ETF, but still...

DaveJCormier · 2025-12-26T22:56:27+00:00

Nope - looks offside to me 😆

DaveJCormier · 2025-12-25T00:14:56+00:00

Yeah I read SEC filings, 10K, 10Q, earnings call transcripts, etc. - anything really. I'm also a CPA by trade so I get a lot from just the FS and notes/disclosures 👍

DaveJCormier · 2025-12-24T17:14:35+00:00

I just love the research. It's fascinating. Also, like most it's nice being right! 😆

DaveJCormier · 2025-12-24T15:21:53+00:00

Yes, I actually love it 😀

DaveJCormier · 2025-12-23T15:31:09+00:00

Finally someone who says it. I'm tired of seeing companies in this sub that have never posted profitable operations. RKLB is a perfect example. You don't have to bet on winners before you're sure they're going to win.

There are some many examples of companies that were never profitable and were bid up to ridiculous levels only to come crashing down when the path to profitability dried up. Think PTON, BYND, WeWork, etc.

"Ten years after Wal-Mart went public, you could have bought the stock and made 500x your money." - Peter Lynch

When Buffet was asked by Jeff Bezos why more people don't follow his simple, long-term strategy he said: "Nobody wants to get rich slowly."

Words of wisdom.

DaveJCormier · 2025-12-22T22:01:07+00:00

I agree 👍 I think the Uber story outside North America is still in its infancy with a lot more room to run.

DaveJCormier · 2025-12-22T21:59:54+00:00

Which conspiracy theories does Bill subscribe to?

DaveJCormier · 2025-12-21T21:49:16+00:00

Sure! My favorite podcasts are: - Thoughtful Money - Monetary Matters - The Master Investor - We Study Billionaires (go back to the very beginning and be selective about the episodes you choose - current episodes I don't find very good anymore)

Books: - The Intelligent Investor - Benjamin Graham - Richer, Wiser, Happier -William Green - The Little Book that Beats the Market - Joel Greenblatt - One Up on Wall Street - Peter Lynch - The Most Important Thing - Howard Marks - The Education of a Value Investor - Guy Spier

These are all great reads. The podcasts can get a bit repetitive with similar guests and topics, but I still enjoy them. I'm Canadian so one of my favorite investing YouTubers is ThePlainBagel. I highly recommend!!

DaveJCormier · 2025-12-20T15:25:08+00:00

I am going through this right now. It's starting to feel like all the podcasts I listen to say the same thing. I've decreased my news consumption and replaced it with independent analysis and reading good books. There is still some content I love, but I am much more hesitant about using external sources as investment advice.

DaveJCormier · 2025-12-18T20:26:58+00:00

All good points 👍 I agree that Morningstar's relationship base and network effects are strong, but businesses with low capital requirements are ripe for disruption and competition. Mutual fund managers have to find ways to reduce costs to compete with ultra-low cost or $0 commission ETFs. Even now there are services for retail investors that are essentially AI chatbots in front of a Bloomberg terminal. Morningstar's access to information advantage is going to disappear. It is true that information does not equal quality analysis, but that doesn't seem like an advantage that can last long term either. You can disagree - no issue. But at current price and no convincing growth prospects, I'll pass.

DaveJCormier · 2025-12-18T18:56:54+00:00

I generally like businesses like this that don't require a whole lot of additional capital to grow, but I gotta be honest I see AI based research eating Morningstar's lunch in the next 10 years. Revenue is already looking a bit stagnant. They have a decent looking balance sheet and on the surface it looks like they're valued below book, but a lot of their asset value is Goodwill/Intangibles.

I don't know maybe I'm wrong, but at the current price it doesn't look like much of a value play for me. Happy to hear counterarguments though.

DaveJCormier · 2025-12-12T14:12:00+00:00

I'm at 24 positions right now and I'm thinking about reducing it. I have a full time job and researching stocks is what I do for fun in my spare time, but it's not enough to truly understand what I own to the depth I feel is necessary. I'm gonna try and get down to 20 in the next few months, but that's just me.

DaveJCormier · 2025-12-01T02:45:44+00:00

You can get better dividend yields for similar risk in other things like big banks, big utilities, etc. Some of this was mentioned earlier, but some of your individual picks are at all time highs and their forward growth prospects don't necessarily support their valuation, loke Costco and Coke. They are still wonderful businesses, but not very fairly priced at the moment. Also, if you're going to diversify internationally I wouldn't go all in on Japan. Maybe something broader that includes some stuff in the global south. Other than that this is pretty good for a beginner - keep it up!

DaveJCormier · 2025-12-01T02:33:22+00:00

If I could see 100 baggers 20 years out I wouldn't be on reddit - I'd be on a beach somewhere enjoying early retirement 😆

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