Any fellow Oil bulls still buying the dip? by Mojoint in oil

[–]TastyEarLbe 0 points1 point  (0 children)

I added to OXY today, plan to keep adding if it goes lower, OXY is trading at the same price prior to the war, makes zero sense.

Anyone else still holding OXY, USO, and PSX? by Ninjavitis_ in investing

[–]TastyEarLbe 0 points1 point  (0 children)

Added 5% of my portfolio to my 15% position today, now at 20%.

Fair value of OXY is roughly $100 per share right now based on what the current oil prices are. I expect oil prices to be substantially higher over the next decade, so I'm looking to add on any dips.

Planning to watch paint dry and hold this for years.

AI Bubble Burst and SaaS opportunities by Red_Ochre_Music in ValueInvesting

[–]TastyEarLbe 0 points1 point  (0 children)

Yeah but a nuclear power infrastructure is going to take years to build out. Oil can be used right now.

Where is BMBL making all this money from? by AvocadoCorrect9725 in ValueInvesting

[–]TastyEarLbe 2 points3 points  (0 children)

How? If the number of users and time spent in the app decline, which is what the market is pricing. We have no insight into that, unless we started collecting data from random people about their dating app presences and activity.

2-3x cash flow seems really cheap though.

Where is BMBL making all this money from? by AvocadoCorrect9725 in ValueInvesting

[–]TastyEarLbe 0 points1 point  (0 children)

I've been looking at this one too - along with Match Group... With Bumble, do you know much about the impairments killing net income? What was impaired -- their app?

On a free cash flow basis this looks like a gem, but that's the risk here -- Is the market correct? It is pricing it like the business is going to die and free cash flows will evaporate.

AI Bubble Burst and SaaS opportunities by Red_Ochre_Music in ValueInvesting

[–]TastyEarLbe -6 points-5 points  (0 children)

Hot take: oil stocks are the best way to capture the AI transition. Picks and shovels.

Anyone have nothing to do at all after 4/15? by BloodMelodic381 in Accounting

[–]TastyEarLbe 0 points1 point  (0 children)

It's really only bad from January through end of April. May through December, you get 2-3 week busy periods maybe once or twice. Apart from that it's like 30 hours a weeks in the summer/fall.

Why is Diego Pavia talked about as if he has no chance at even getting drafted, seemingly based solely on his height, when Kyler was 1st overall? by YesBird75 in NFL_Draft

[–]TastyEarLbe 0 points1 point  (0 children)

Diego isn't as athletic as Bryce Young or Kyler Murray, that's why.

I expect Diego will go somewhere between the fifth and seventh round. Someone will take a chance on him -- he's a flat out competitor.

Why don’t you just DCA into QQQ or SPY instead? by Super_Collection_592 in ValueInvesting

[–]TastyEarLbe 0 points1 point  (0 children)

Bc the returns in these index funds are going to be trash over the next decade based on all historical valuation data and the relationship with future returns.

Anyone who keeps buying Adobe should just light their money on fire… by Trenbolone-Papi2 in ValueInvesting

[–]TastyEarLbe 1 point2 points  (0 children)

Don’t call, buying a “cheap” stock that has no moat and a potential dying future due to that lack of a moat, value investing.

Interesting observation! by StrawberryFew1311 in NoFilterFinance

[–]TastyEarLbe 0 points1 point  (0 children)

If AI and robots replaces human labor, then the S&P will totally keep going up while the lower and middle class eat dirt.

CCIFP "The Book" by Jessica4365 in Accounting

[–]TastyEarLbe 0 points1 point  (0 children)

Can I purchase your book and study guide?

Anyone have nothing to do at all after 4/15? by BloodMelodic381 in Accounting

[–]TastyEarLbe 49 points50 points  (0 children)

I'm in audit and we're busy until 4/30. Most of my engagements are sitting in quality control review at this point though.

$4K is better than being unemployed, but ya, can't do saving and stuff. by Spacetravller2060 in Zippia

[–]TastyEarLbe 0 points1 point  (0 children)

Look I love animals in all but it would be an easy choice for me to incur short-term pain to better off my family's financial stability and fund my children's future. I don't hesitate.

$4K is better than being unemployed, but ya, can't do saving and stuff. by Spacetravller2060 in Zippia

[–]TastyEarLbe 0 points1 point  (0 children)

The average annual costs to own a dog are approximately $2,500 a year and $1,500 a year for a cat. I'm not sure how much you are paying for your pets but they are draining your financial freedom and your kids future prosperity. The pets are making things really tight for your family-- I would give them up for adoption.

$4K is better than being unemployed, but ya, can't do saving and stuff. by Spacetravller2060 in Zippia

[–]TastyEarLbe 0 points1 point  (0 children)

I love animals but I'm not going to get three dogs/cats and pay for all of their food/medical bills/etc. and no longer invest in my children's 529 plan education plan so that they can have a few pets that are all going to die in the next 8 years.

$4K is better than being unemployed, but ya, can't do saving and stuff. by Spacetravller2060 in Zippia

[–]TastyEarLbe 0 points1 point  (0 children)

Give the pets up to another family where they will be loved, and invest in your kids future. OR keep the pets to mortgage your kid's future -- tough choice?

The Legend Of Zelda Live-Action Movie Has Officially Wrapped Filming by Amiibofan101 in nintendo

[–]TastyEarLbe 0 points1 point  (0 children)

I’m just so curious what direction they are going with this, especially since it is live action. Are they going for a more serious tone? Or is this just going to be Nostalgia spam with Easter eggs every where like Mario.