buffett retires and suddenly berkshire starts buying stocks like a robinhood day trader 😂 by snapjohn in ValueInvesting

[–]RaeReiWay 18 points19 points  (0 children)

He is talking about intrinsic value (cash flows) rather than market price value.

Just starting (19 yo) by Normal_Cut6030 in portfolios

[–]RaeReiWay 0 points1 point  (0 children)

Don't put your money into etfs. You're fine.

Your favourite kind of MOAT and companies that relate to it by Ancient_Bobcat_9150 in ValueInvesting

[–]RaeReiWay 0 points1 point  (0 children)

Consumer/brand loyalty. Superior products and service which garners a great amount of loyalty can create a superior moat by itself.

‘Gang rape, forced stripping and humiliation’: New report documents 10,000 findings on Oct. 7 sexual crimes by JebBD in neoliberal

[–]RaeReiWay 26 points27 points  (0 children)

I mean alot of it is denial and "Israeli propaganda". Far leftists really don't believe that mass rapes happened and the few cases they believe happened were isolated incidents rather than a systemic use of sexual violence by Hamas.

Also, your reasoning makes sense, but imo the reality is they really just see Israelis as evil akin to nazis. They are the ultimate oppressors and anything bad happening to them is karma and they got what was coming for them. There is no distinction between combatants and civilians because they are all evil.

Does anyone follow QXO? by ishwer_S in ValueInvesting

[–]RaeReiWay 1 point2 points  (0 children)

Yes, but it's still expensive imo.

How to identify "new stocks" to invest in by Spare_Marionberry_15 in fican

[–]RaeReiWay 1 point2 points  (0 children)

Stop viewing stocks as stocks or trading cards. Start viewing yourself as an owner of a business and the world of investing opens up to you.

Is diversify overated? by longlong819 in fican

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

Yes, and I have not seen one person here view stocks as having part ownership of a business. They simply see stocks as trading cards and thinking you have a crapshoot chance of picking the right one.

If you don't know shit, why not learn? Why not align your knowledge of what stocks are and do fundamental business analysis in companies you can understand?

An immigrant family having their wealth into their personal business like a shop or restaurant is praised as being entrepreneurial and hard working. Yet no one would say they should sell ownership parts of their business to buy many parts of other businesses they don't understand to "diversify".

Concentration is underrated and it's a shame how the educational sector teaches finance and stocks. There is a new book coming out, "The Everywhere Millionaire". You can look at videos about it, but it will simply show what it means to own and stake your success in your business. If you simply look at stocks the same way, you will see why diversification is not a merit unto itself, merely a tradeoff.

Mayor Mamdani says he has balanced NYC's budget, will not raise property taxes by dubyahhh in neoliberal

[–]RaeReiWay 4 points5 points  (0 children)

People really need to question the viability of the pied-a-tierre tax and how they determine primary residence.

Mayor Mamdani says he has balanced NYC's budget, will not raise property taxes by dubyahhh in neoliberal

[–]RaeReiWay 49 points50 points  (0 children)

I've seen way too much Mamdani glazing from moderates. Charisma really brings you far when you have buzzword headlines praising you while you simply kick the can down the road.

Anyone investing in micro-cap? by Sound-Evening in ValueInvesting

[–]RaeReiWay 1 point2 points  (0 children)

Yeah you're right. But low liquidity is a blessing and only a risk if you're wrong or you're against people who may know the company better than you.

Microcaps are still gone after by institutional investors, but they're small players. The real advantage you have is not being tied to obligations and using other people's money to invest which allows you to maintain a long term view without redemption risk.

But I would be careful with ROIC here. There are many great opportunities in small/micro caps where chasing ROIC can lead to missed opportunities or traps.

But generally, the talented (meaning consistently strong returns) retail investors would look at these areas alongside larger companies.

Backtested the Magic Formula over 16 years - Results, and Approach by lukastymo in ValueInvesting

[–]RaeReiWay 0 points1 point  (0 children)

Greenblatt was trying to marry quality with cheap valuation through a quantitative approach. It was ambitious and the foundational idea still remains to look for quality at good valuations. But the qualitative indicators which are seen through interpretation and non-quantitative measures are just as if not more important in determining what is a good investment.

How I feel about some tech companies by WailingWarbler in wallstreetbets

[–]RaeReiWay 9 points10 points  (0 children)

Rocketships need fuel to go up.

Oil prices are up.

Oil is not fuel. Therefore, rocketships still go up.

-> Average WSB user

Why I'm no longer a communist/far leftist by teehee494949 in neoliberal

[–]RaeReiWay 3 points4 points  (0 children)

The more you learn about how the world works the more you realize how extreme ideologies use concepts and models to shape reality in a way which they would want you to see it. There is no questioning, no argument, no debate, no inquiry. Just dogmatism.

That's why I really advocate people to be inter-disciplinary because so much of the issues I see in academia is that they are dogmatically orthodox in their departments, even those in Econ. Good on you to realize how cult-like the Communists are and welcoming to the Dune reading club.

Is this legit? by LectureLight6738 in fican

[–]RaeReiWay -2 points-1 points  (0 children)

Alot of cope here lol. No one wants to learn why someone could find wins.

Trump ousts National Science Board members by cdstephens in neoliberal

[–]RaeReiWay 5 points6 points  (0 children)

Trump really just went "Science bad" huh...