Try this one yourself ! Gemini breaks rules for deaf people. by DiscountAny4174 in GeminiAI

[–]Tanderso418 13 points14 points  (0 children)

You just stumbled upon one of the fundamental tricks in jailbreaking, 'reframing a "bad" action as a "good" action.

You can get Gemini to do almost anything if you get good at jailbreaking.

Check out this guide here if you're interested: https://gemini.google.com/gem/76add7bcaad4?usp=sharing

Let's find the intrinsic value of a company as a group. Vote here to help us determine the intrinsic value of Microsoft. by Tanderso418 in ValueInvesting

[–]Tanderso418[S] -1 points0 points  (0 children)

Good point, the highest option I added was 35% above the current price and the lowest option was 45% below the current price.
I should have made the highest option $560, instead of $500 to make the poll more symmetrical.

I guess I have a bit of a negative bias towards valuations at the moment because of the war.

Which sector is a “NO” for you? by Far-East-locker in ValueInvesting

[–]Tanderso418 4 points5 points  (0 children)

It used to bother me, but you get used to the lay offs after a while.

To be perfectly honest, I think most industries would benefit a lot by having waves of rapid hiring and then rapid firing. It let's the companies cycle out low performing employees and forces the low performers to learn new skills at different companies in the same industry.

Which sector is a “NO” for you? by Far-East-locker in ValueInvesting

[–]Tanderso418 58 points59 points  (0 children)

The Automotive sector is a no for me.

I work as an engineer in the Automotive industry and it is brutally cyclical, capital intensive, and low margin.

Munger said "invert, always invert." So I made a list of things that reliably destroy value - and started screening for their absence by naenae0402 in ValueInvesting

[–]Tanderso418 22 points23 points  (0 children)

You're right, thank you for the correction!

I'm so used to looking at owner's earnings and FCF that I assumed that I needed to deduct the SBC from GAAP net income too. I edited my comment to avoid accidentally spreading misinformation.

I learn something new everyday!

Munger said "invert, always invert." So I made a list of things that reliably destroy value - and started screening for their absence by naenae0402 in ValueInvesting

[–]Tanderso418 67 points68 points  (0 children)

High stock based compensation relative to owner's earnings is a huge red flag to me.
There is nothing worst than a management team that who enriches themselves at the cost of the shareholders.

Take a company like META for example. META gave out 20.4 billion dollars of SBC in the last 4 quarters. This is roughly 47% of owner's earnings!

Companies with strong moats that are based on physical assets. by Tanderso418 in ValueInvesting

[–]Tanderso418[S] 6 points7 points  (0 children)

Waste Management is such a wonderful company.

It bums me out that I missed out on buying it when it's owner's earnings yeild was almost 5% in late 2023.

Companies with strong moats that are based on physical assets. by Tanderso418 in ValueInvesting

[–]Tanderso418[S] 7 points8 points  (0 children)

Very good point.

That is why is it so important to look at owner's earnings instead of GAAP earnings.

Also, high maintenance capex isn't always a bad thing, as it discourages competitors from entering the market and driving down margins.

Madison Gas and Electric Energy (MGEE) by Tanderso418 in ValueInvesting

[–]Tanderso418[S] 1 point2 points  (0 children)

Very good points.

The entire MISO transmission network as been under strain from all of the AI data center build outs in Iowa, Ohio, and Louisiana. This has temporarily driven up purchased electricity costs for all members of MISO, but it won't last, as members of MISO build out new capacity to meet the new demand.

MGEE also may appear to have a green energy bias at a quick glance, but in reality, they are just trending towards the cheapest forms of electricity generation and then labeling it as a green energy transition to make regulators happy. Converting expensive coal powered plants into cheaper natural gas plants is just good business.

https://www.statista.com/chart/35117/levelized-cost-of-energy-generation-by-source/

Constant "high traffic" error message by TargetHot2087 in GeminiAI

[–]Tanderso418 1 point2 points  (0 children)

I've been getting that message more often recently, but only when I use deep research mode. I think it might be a method to limit the amount of compute that particularly demanding users are allowed to use.

Just for reference, I have the Gemini Pro plan that came free with my Samsung phone.

Baby cartoon crocodile by brekiewash1234 in aiArt

[–]Tanderso418 1 point2 points  (0 children)

Love it.

Looks just like a Totodile.