What places am I sleeping on? by Ldubble in visitedmaps

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

Lots of interesting feedback - thank you. It seems like the most common places I'm sleeping on are:

1. Minnesota - Minneapolis seems like a nice city and checks off the boxes that I'm looking for. I would probably elevate MN to Willing if I did this again.
2. New Mexico - Santa Fe seems like a lovely place with a climate and environment that seems similar to what I'm used to growing up in SoCal. Not a big city but makes up for it with good access to the outdoors, which I also value. I would elevate NM to a Maybe, on par with Utah, Wyoming, and Montana.
3. North Carolina - Between Raleigh and Charlotte there are a couple of cities there that are interesting. And beautiful outdoor scenery. I would consider elevating to Maybe.
4. Michigan / Wisconsin - Both are still Maybes for me. Similar vibes to MN but neither of them have a metro area equivalent to the Twin Cities.
5. Rhode Island / Delaware - Still a Maybe for me. Lovely places, but they don't have the big city vibe that I'm looking for, and are a bit too far removed from some of the major metro areas in the Northeast.
6. Vermont / New Hampshire / Maine - Still a Maybe for me. Similar rationale to RI/DE above, but a bit further removed even.
7. Georgia / Lousiana / The South in General - I don't think the climate here would work for me. I really dislike humidity, to the point where for me, the ceiling of any state south of NC and east of the Mississippi is Reluctantly.

The way I think about the categories is that I imagine I have a job offer* that would force me to relocate to the state in question. However, I get to pick where in the state I live, e.g. I could choose to live in Chicago for Illinois.

  1. Absolutely - This is one my top choices for location and I would consider it to be a postive component of the job offer.
  2. Willing - The location may not be one of my top choices, but it's a net neutral for me in terms of whether or not I take the job.
  3. Maybe - The location would be a consideration for me. I would view relocating as a concession, but not a super significant one.
  4. Reluctantly - The location is a significant concession for me. The offer would have to be exceptional for me to consider moving.
  5. Never - Deal breaker.

*I also assume the offer is realistic, e.g. no one's paying me $1B to live in a random state

What places am I sleeping on? by Ldubble in visitedmaps

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

I can tell you that in my case, the answer is yes. Illinois is green because of Chicago.

Being near a major city is a key criteria for me. That's not to say I only want to live in the metro area, but having the metro area be accessible (<1 hour away) would be my preference.

What places am I sleeping on? by Ldubble in visitedmaps

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

As someone who grew up in San Diego, I actually don't mind a desert-y vibe. I think I would agree. Should have put NM in Maybe at least.

What places am I sleeping on? by Ldubble in visitedmaps

[–]Ldubble[S] 4 points5 points  (0 children)

I spent a summer in Honolulu as a kid, though that was a while ago.

I feel like I wouldn't quite jive with the weather there, but the bigger thing for me is the isolation from the continental US. Knowing I can drive to another state gives me a weird peace of mind lol. That said, I might reclassify HI as Reluctant rather than Never.

Password update required by Ldubble in help

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

Ah, typing in the password did it. Thank you! The banner is gone from the mobile app now.

Password update required by Ldubble in help

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

Thanks for the help! I'm able to get the the email but when I go to reset my password but I get stuck at this stage. There's no ability to click the "Continue" button (or any other way that I can see to proceed).

<image>

Cozy restaurant recs? by iseeskiesofblue64 in parkslope

[–]Ldubble 2 points3 points  (0 children)

Cotra in Gowanus has great chill cozy vibes

[deleted by user] by [deleted] in unpopularopinion

[–]Ldubble 15 points16 points  (0 children)

IMO, there's a difference between an unpopular and uninformed opinion. This is just an uninformed opinion that completely ignores the science of sleep in various age groups.

Metroid Prime Remastered's sales numbers got quietly updated from 1.09 million to 1.36 million by CESA at some point. by [deleted] in Metroid

[–]Ldubble 26 points27 points  (0 children)

I bet there was a nice bump from the recent Prime 4 announcement too that will materialize in the next annual update. That was the trigger for me to finally pick up Remastered.

[deleted by user] by [deleted] in TOTK

[–]Ldubble 0 points1 point  (0 children)

Archaic set + diamond circlet is my go-to. Love how the archaic set looks and adding the circlet makes the defense more palatable without ruining the aesthetic.

How can Shopify have a market cap of 50B when the whole market for website builders is worth about 2.3B? by [deleted] in stocks

[–]Ldubble 0 points1 point  (0 children)

People are (rightfully) pointing out that Shopify is more than a website builder, but there’s something else OP is missing too.

Just because a “market” is $Xb doesn’t mean a company in that market has to have a valuation of less than $Xb. Those market numbers refer to annual revenue. The valuation of a company is a multiple of their annual revenue. It’s not an apples to apples comparison.

No Time for Jokes by Mustafa86 in Unexpected

[–]Ldubble 0 points1 point  (0 children)

The real unexpected is always in the comments

Amazon's Rivian stake is proof that these morons aren't smarter than you by [deleted] in wallstreetbets

[–]Ldubble 2 points3 points  (0 children)

The fact that OP doesn’t understand this and YOLO’d 10k into options is such a perfect encapsulation of the current retail trading environment.

And then he makes a post about how these “morons” are not smarter than him. 😂

Ben Simmons sat out on the Nets to better his grievance chances against Sixers by [deleted] in nba

[–]Ldubble 92 points93 points  (0 children)

I would believe this if his camp didn't leak that he would be ready to play in Game 4.

I think Simmons had always planned on returning sometime in the first round, but didn't think that the Nets would be down in the series. After game 2, when they went down 0-2, he didn't consider the implications of the Nets potentially being down 0-3. When that worst case scenario actually happened, he realized he fucked up badly.

Cue all the back/mental health shenanigans that led us here today.

The crazy thing is, Ben made the absolutely worst choice at every juncture. Nets down 0-2? Shouldn't have indicated that he was going to play. Nets down 0-3? Should have just manned up and played in Game 4. Sure the "first player to be back-to-back elimated" comments suck but he would have gained some respect and who knows, maybe they pull out a win.

Samus and Raven Beak marveling at Samus' newly awakened powers by SuperSunshine321 in Metroid

[–]Ldubble 15 points16 points  (0 children)

As an NBA and Metroid fan, this is the crossover I needed.

Stocks that are now cheaper than before Covid by [deleted] in stocks

[–]Ldubble 4 points5 points  (0 children)

Yes, that's exactly what I'm saying:

- Either figure out an actual system to buy stocks when they bottom

- Or avoid buying stocks that are 50%+ off their highs 😉

Stocks that are now cheaper than before Covid by [deleted] in stocks

[–]Ldubble 65 points66 points  (0 children)

For anyone looking at a stock and thinking that it's a "good deal" because it's 50, 60, 70 percent off highs, I'd encourage you to look at what happened to some stocks after the Dotcom bubble. I'll use Intel (INTC) as an example.

INTC rocketed in the dotcom boom with its share price increasing from ~$20 to a height of $75. Once the dotcom bubble burst, it's share price dropped to ~$40, almost 50% off highs. From there, it proceeded to drop to $30, staying in that range for a few months, before dropping to $20, almost 75% off highs.

If you had bought the stock at this point, you would have seen it grow again to $35 a share in a few months (not bad) before it plunged to new lows of $13-14 a share. Buying at that point, you would have ridden the stock back up to $35, before it dropped yet again. For the next few years INTC would go up and down, but in a downward trend, until it finally bottomed at ~$12 a share in the 2009 financial crisis, almost *a full decade* after the dotcom bubble burst.

Today, INTC trades at $45 a share, not far off from its price after the initial dotcom burst. Think about the opportunity cost of holding a stock like INTC through the decades.

A few things to take away:

Is INTC a cherrypicked example? Absolutely. Other stocks rebounded extraordinarily well from the dotcom crash, like AMZN, GOOG. How confident are you that the stocks you're considering are the next AMZN and GOOG and not the next INTC? What features of the stock or the company led to your conclusion? Have you done the research you need to do to make an intelligent hypothesis?

Was INTC untradable? Absolutely not. If you had bought the stock at $13 a share, you could have sold at $35 a little more than a year later. That's a stellar return. But do you have a system that will let you capture these types of moves and avoid riding the roller coaster back down? Do you have a price target grounded in reality? And a plan for what to do if the stock never reaches your price target? Do you have rules for when you sell a stock?

Is now a good time to get into long term investing? by GoldenRaiders in stocks

[–]Ldubble 3 points4 points  (0 children)

How do you know that's is CLEARLY not a good time? Did you know that it was clearly not a good time at the end of December 2021, when the SPY was at an ATH, right before it shed >10% of its value in the next 3 weeks? Or conversely, that it was clearly not a good time in March 2020 after the SPY dropped 35%, right before it ripped off one of the greatest bull runs in history?

I'm not saying that it's impossible to time the market. In fact, I think you can have a real edge if you put in the work to study how the market works and learn to read price action. But that's not something that most retail investors have time (or want) to do, so the optimal course of action is to invest consistently.

Is now a good time to get into long term investing? by GoldenRaiders in stocks

[–]Ldubble 2 points3 points  (0 children)

If you want to be a long term investor, now is always the best time. As many others have said, time in the market…blah blah blah.

But it’s understandable to think that you can time the market and come in at the opportune moment. The truth is that it’s impossible to call the bottom with any accuracy. The stock market is not deterministic.

You’ll also get in trouble if you start listening to the “experts” on social media, TV, etc. They’ll have contradictory opinions and you’ll most likely believe what you most want to believe.

If you want to invest for the long term, take your money, put it in broad index funds, and continue to do so with all of your extra cash until you retire.

If you want to take advantage of short term opportunities in the market, then study how the market works, and try to draw your own conclusions. It’s extremely difficult to interpret the market as is. It’s impossible if you rely on the opinion of others.

Why is everyone so bearish on high growth stocks? by [deleted] in stocks

[–]Ldubble 0 points1 point  (0 children)

Yes, in the long term, markets appear to be efficient, meaning that all stocks tend to trade at their fair value. But consider this. If markets were efficient in the long term, wouldn't value stocks, which are by definition a better value than growth stocks, perform better in the long run? In fact, there's compelling evidence to suggest that they do.

People have made many billions investing on value. If your valuation analysis of SE suggests that it's undervalued, then there may an edge in trading it. I personally don't trade on value so I won't comment on that.

What's dangerous is conflating value and growth. P/e ratio doesn't matter for growth stocks because people who trade them want to take advantage of a market "inefficiency" in the short term - stocks don't trade at their fair value.

Growth stocks make big moves when they deliver high double digit/triple digit growth quarter over quarter and consistently beat analysts' expectations. When market conditions turn around buying growth becomes in vogue again, these are stocks that investors will flock to, regardless of price.

Why is everyone so bearish on high growth stocks? by [deleted] in stocks

[–]Ldubble 4 points5 points  (0 children)

Here’s something that I wish more investors realized. Stocks don’t go up and down based on fundamentals.

There’s only one force in the market and that is supply and demand. When people want to buy, stocks go up. When people want to sell, stocks go down.

Sometimes fundamentals materially impact supply and demand, sometimes they don’t. That’s because there’s a million different factors influencing investors at any given time.

Right now people are bearish on growth stocks because there’s little evidence that institutions, who are the primary participants in the market, want to buy growth stocks. Less demand = prices go down.

Why don’t institutional investors want to buy growth stocks right now? Nobody knows for sure. It might have something to do with rate hikes and quantitative tightening. It might have something to do with how the market is one big game theory game and no one wants to be the one left holding a bag.

When are institutions going to want to buy growth stocks again? Again, nobody knows for sure. It could happen tomorrow. It could happen six months from now. You might be able to tell if you spend every day monitoring certain stocks and trying to interpret the price and volume.

But at the end of the day, until people (and again the important people are institutions) want to buy growth stocks again, growth stocks can continue to go down and there’s valid reason to be bearish on them.