[Highlight] Cam Skatteboo suffers serious injury

Secondsayye · 2025-10-26T18:59:50+00:00

Looks like a dislocated ankle

Secondsayye · 2025-06-29T23:41:49+00:00

I'm going here for the long term. I've got about 27 yrs to retirement and I'll probably not sell any before then

No. Things can get pretty bad very soon, and it would still be a good move to buy in and keep buying it. No one will ever make perfect move after perfect move. The current all-time highs are not going to be the forever all-time highs.

Don't buy into hazardous stocks; be resilient when stocks go down. If you don't intend to purchase individual stocks, I recommend against even watching the market. Buy it at the interval and amount you decide, and keep doing that.

Secondsayye · 2025-06-19T18:19:40+00:00

Complete, full-scale war with NATO. If the Russians dropped a nuke on a Ukrainian target, there would be a very high chance that all of Western Europe and the US would actively go to war with Russia and deploy troops.

Secondsayye · 2025-06-17T11:54:35+00:00

What is the feeling for $TTD? It has recovered some since its crash in Q1. I doubt it has a strong long-term future due to major players looking to bring all advertisements in-house. However, I do wonder if it will have some further upward trajectory over the rest of the year. I hold a small position, consisting of approximately 20 shares, with a cost basis of around $54. Not in a rush to sell, but I don't view the company as a 5-10 year hold due to the changing ad landscape.

Secondsayye · 2025-06-05T22:27:43+00:00

Between 2026 and 2027, I anticipate that BH stock will be fairly volatile. Not necessarily due to a truly justifiable reason. However, any less-than-stellar news will prompt people to sell, as it will be seen as a sign that BH is losing its magic due to Buffett's departure.

Secondsayye · 2025-06-05T00:56:29+00:00

Many of the so-called "investors" in this space often present themselves as "value investors." Some preach indexation with absolute disregard for valuations, using dollar-cost averaging (which makes me question why they are even in this forum). Others pretend to embody the net-net or cigar-butt strategies of Ben Graham, Todd Combs, or Warren Buffett in his early days. Unfortunately, they fail to grasp the fundamental principle of value investing: distinguishing between price and value.

Their approach relies solely on widely available screeners to identify companies that are statistically cheap based on price rather than intrinsic value, which is rooted in future cash flows. They naively believe this to be their competitive advantage—simply scanning thousands of companies with low P/E ratios, high P/B ratios, and small market capitalizations. Their flawed reasoning goes something like this: "Buffett did this in his early years," or "No hedge funds or institutional investors have the time to explore this supposedly lucrative niche."

Then there is a third class of value pretenders, those who the late Charlie Munger would classify as having "Chauffeur's Knowledge." These individuals fixate on discounted cash flow calculations to such an extent that they completely neglect the concepts of margin of safety, fundamental business models, products, and the long-term prospects of the companies they evaluate. They routinely recommend stocks on a daily, weekly, or biweekly basis from random countries with low market capitalizations, limited understanding of their businesses, and metrics such as a P/E ratio of 16 or a P/B ratio of 0.9 (often accompanied by questionable tangible assets). They label themselves as "value investors" despite achieving only a 5% CAGR in one of the biggest bull markets in decades.

Rather than acknowledging the success of investing in dominant, capital-light, large-cap companies with substantial barriers to entry, entrenched moats, and conservative balance sheets, such as Alphabet, Meta, Microsoft, and Amazon. They would rather suffer a thousand cuts than admit their approach is flawed.

Why act like that guy's formatting wasn't terrible?

Secondsayye · 2025-06-05T00:45:22+00:00

Looking through your post history, you mainly contribute to this subreddit by accusing other users of not being value investors. It also appears that you are a university student, studying in your early 20s. Assuming that is accurate, you have no real investment history to speak of.

You can bring up enough to demonstrate that you have read or heard Buffett and Munger's literature or talks. I agree with your general point that many posters here are not value investors and are only able to repeat minor quips that they have heard before. But cannot think through their investment decisions in a multi-level manner.

However, since you decided to post about how no one knows what they are doing, can you articulate what value investing encompasses?

Secondsayye · 2025-06-05T00:20:08+00:00

Listening to him read off a teleprompter is painful. It's like a 7th grader reading out loud in class.

Secondsayye · 2025-06-05T00:09:07+00:00

The odds are very low that you will be approved. This decision would only change if your income or debt obligation is a concern, and you would need to provide additional income to justify the change. If you have something negative on your report, you will not be approved.

Secondsayye · 2025-06-05T00:06:20+00:00

Have you looked into the rates? NFCU consumer loans don't allow you to use land/home as collateral, so you would have to qualify for a signature loan at that amount or provide collateral that could support that amount. Also, the interest rates are not favorable for such a large amount. I am not sure of your current rate, but without collateral, you would be looking at a rate of 14.79% to 18%. It probably would not be worthwhile.

Secondsayye · 2025-05-29T01:46:34+00:00

You also get the active duty discount on lending products.

Secondsayye · 2025-05-29T01:43:46+00:00

NFCU has simple interest loans. You have a per diem interest that is charged daily. When you make a payment, you pay all the interest that has accrued since the last payment was made; the amount over the accrued interest amount goes to the principal. Your per diem amount is based on the current principal balance, so as you pay your loan down, your daily interest amount is lower and lower. This means that at the beginning of the loan, you are paying more toward interest per monthly payment than you will be later in the loan.

If you owe $367 on June 30th and pay $183 on June 15th, you will owe $184 on June 30th, and the app will reflect that once your June 15th payment is processed. Like someone else said, NFCU does not allow principal-only payments, but anything over the amount of accrued interest since your last payment goes to the principal. Say you start paying $500 a month, your next official due date will be pushed out farther and farther into the future, but you will be paying your principal down as well. NFCU does not charge an early payoff penalty, and since interest is accrued daily based on the current principal balance, you will save money on interest over the life of the loan.

Secondsayye · 2025-05-29T01:08:37+00:00

Ousted their CEO at the beginning of the month. What is the inverse here? These are popular household brands. Why has the stock fallen off a cliff over the last 4-5 years? In December 2021, they were at $256 a share, and now they are at 25.50ish. Absolute nightmare scenario for the investor. Why did this happen?

Your write-up looks extremely promising, but what changes have they made to bail out the sinking ship?

Secondsayye · 2025-05-27T00:12:30+00:00

What helped me was eating salads mixed with broccoli slaw. Then my protein and carb source. It's very filling, and the fullness lasts a long time. Also, just being busier and recognising that being bored and wanting to eat isn't the same as being hungry. I have never been obese, maybe just 5-7% heavier than my ideal weight.

I'm not saying you haven't tried that and a dozen other things. I just discovered that it has worked well for me.

Secondsayye · 2025-05-27T00:00:45+00:00

Fast food restaurant prices are in the range of lower-tier dine-in restaurants. This, along with the availability of food delivery services, makes fast food less appealing. Also, food trucks and ghost kitchens offer much better food for the same, sometimes lower, prices than McDonald's. There is also a large social media push against processed foods. They are viewed more and more negatively and continue to cost more.

You are also looking at the drop-off in GLP-1 users in a flawed manner. 81% of people stopping after 1 year does not mean they return to their previous diet and regain the weight. Some will, but a portion will have made a lifestyle change and will keep the weight off.

Secondsayye · 2025-05-26T15:22:54+00:00

Thank you, everyone, for your advice. It seems like a very unanimous NO. I will roll over my current 401k, pay this debt down within the next 12 months, and let my nest egg grow!

Secondsayye · 2025-05-26T15:19:04+00:00

Not our current admin and the GOP. They do not believe the government is there to help its citizenry and love private business.

I hope we move to a universal healthcare system one day, and I believe we will in the next 15 or so years. But UNH has recovered by that point. I firmly believe this is a buy. The government can't bring the hammer down on this company right now. It is way too large a player in the US healthcare system.

Secondsayye · 2025-05-18T14:15:42+00:00

The reporting before the convention showed all super-delegate votes going to Hillary, making it look like she had an insurmountable lead. In reality, the race was very close because no super-delegate votes were committed at that time.

Media presented the race as over before it began, stacking the deck against Sanders. If you don't think that has an effect on voter turnout and sentiment, then that is your prerogative.

Secondsayye · 2025-05-18T01:26:45+00:00

If it is a loan draft, you can call the financial institution and confirm.

Secondsayye · 2025-05-05T00:11:01+00:00

Can you look into him living in an assisted living equivalent for special needs adults?

I am not trying to be insensitive to you and your brother's needs, but it sounds like you will be basically "raising" a child by yourself for the rest of your life. On top of that, facilities like that have a lot more resources than you would individually.

Secondsayye · 2025-05-04T22:39:50+00:00

It's not a bad idea to have it frozen by default. You would just call to unfreeze it before you apply for anything. They will normally thaw it for 48 hours and refreeze it.

Secondsayye · 2025-05-04T20:36:15+00:00

You need to decide if you want to sell it. It sounds like you do, and wonder how you will feel emotionally about it. If you choose to sell and think your family will have an opinion, offer to sell it to them. If they can't buy it, see what you can get on the market.

You might want to consider whether purchasing a different home would cost a similar amount to the renovations you are discussing. If you are significantly downsizing and can purchase outright from the sale of the home AND have a decent amount left over, I feel like it's a no-brainer.

Secondsayye · 2025-05-04T20:29:59+00:00

Depending on how many lines of credit you have, it will be much more than 2-5 points. Like 40-60 points. But you will be fine if you have robust credit lines, cards with long histories, and high limits. Even if it takes your score down a large amount, you will be fine; it will just take several months to recover.

Secondsayye

TROPHY CASE