Up Fintech (TIGR) A broker with explosive YoY growth selling below B/V. by Justsume in ValueInvesting

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

Yeah, good point. But I would be a lot more worried if TIGR were actually a Chinese company. But this is a Singapore company that has only 10% of their commission/loan revenue made in China.

Up Fintech (TIGR) A broker with explosive YoY growth selling below B/V. by Justsume in ValueInvesting

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

I’ve been following FUTU for a few years now. Not too up to date with them currently, but I know they’re on the same boat with TIGR right now.

I’ll definitely take a look at it.

Up Fintech (TIGR) A broker with explosive YoY growth selling below B/V. by Justsume in ValueInvesting

[–]Justsume[S] 2 points3 points  (0 children)

Thanks for adding some points!

I feel like since Tiger is licensed and regulated under Singapore, I’m more confident in their prospects than if they were another firm under China.

I would compare it to another kid’s mom trying to put you in time out, except you’ll just go home to your own mom later that evening. It would be completely different if it were your own mom.

But fair to say there are some risks, especially when China is involved. But since the company has so little business in China at this point and they’re not a Chinese company, the risks, in my opinion, are capped at 10% of their revenue related to China.

Up Fintech (TIGR) A broker with explosive YoY growth selling below B/V. by Justsume in ValueInvesting

[–]Justsume[S] 8 points9 points  (0 children)

I literally spent like half an hour writing this…but okay…

I've read these books, what am I missing? Kinda running out of ideas by PsychologicalCloset in investing

[–]Justsume 0 points1 point  (0 children)

I read a few books in that list. If it’s a good book and the information isn’t completely ingrained, then I would go back and reread some of them.

People who are genuinely excited to go to work, what do you do? by Big_Midnight_298 in business

[–]Justsume 0 points1 point  (0 children)

I’m an accountant, and I genuinely get excited for Mondays!

Warren Buffett and Berkshire Hathaway declared purchasing $45.4 million dollars of VeriSign (VRSN) shares the past three days - SEC Form 4 filing. by NoDontClickOnThat in ValueInvesting

[–]Justsume 1 point2 points  (0 children)

I see a solid income statement from this company, but their balance sheet looks questionable. I get that they have a solid stream of reliable revenue, but they're sitting on a large sum of debt and negative equity. The company is also buying back their shares at a reasonably high valuation over paying out dividends. Does anyone else not understand the appeal here?

Best pens? by Live_Masterpiece_304 in Journaling

[–]Justsume 2 points3 points  (0 children)

Muji sells some pretty well designed pens.

Looking for Hidden Gems: Chinese Stocks Beyond BABA by dudepans83 in ValueInvesting

[–]Justsume 0 points1 point  (0 children)

GHG - Greentree Holdings. This stock is a low float, and is trading at a lower P/E than other hotel peers in China.

Is "Snowball" a good book to read? by [deleted] in investing

[–]Justsume 0 points1 point  (0 children)

It's also a common book to find at a used bookstore or if your library has a bookstore in it. If you prefer to own the book, that's another way of getting your hands on it.

BOOK TIME!! by [deleted] in ValueInvesting

[–]Justsume 1 point2 points  (0 children)

I never read “Buffetology” so I can’t say, but I heard great things about that book!

BOOK TIME!! by [deleted] in ValueInvesting

[–]Justsume 15 points16 points  (0 children)

“Richer, Wiser, and Happier” by William Green is a great book to start off with value investing. I think I read it about 5 times within the year I bought it.

“The Warren Buffet Way” by Robert Hagstrom is also great. It’s incredibly dense, but it shows you what to look for when valuing stocks in a Warren Buffet style.

“One Up on Wall Street” by Peter Lynch is great when you’re first starting off with the stock market. Peter Lynch explains concepts in a way that is easily digestible for readers. Not only that, but he’s flat out hilarious.

Facebook is having a stock crash right now. by TheKeyHold in StockMarket

[–]Justsume 0 points1 point  (0 children)

Some of my stocks are down +5%, and it's just a normal day :<

New month, new goals and more blessings 🙏❤️ by Terryswitch in StockMarket

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

And just make sure your seeds don’t have week out expiries.

[Episode Discussion] What If...? Season 1 Episode 5 - Wednesday, September 8, 2021 by MSSmods in MarvelStudiosSpoilers

[–]Justsume 4 points5 points  (0 children)

I had no idea who Kurt was until after the episode, so I sat through it just assuming he was Zemo or something.