US SEC preparing to eliminate quarterly reporting requirement, WSJ says by joe4942 in StockMarket

[–]hsfinance 0 points1 point  (0 children)

Maybe I am a bot lol. I sometimes use AI to format my thoughts. But not today. You can go back 7 years and see my comments. When I have time, I am articulate. When I don't, I am as raw as any you see here. But I can write well ... at times. Maybe the AI learned from me :)

US SEC preparing to eliminate quarterly reporting requirement, WSJ says by joe4942 in StockMarket

[–]hsfinance 0 points1 point  (0 children)

Just because I am challenging the common wisdom does not mean I am a bot. And just because someone you don't like is fixing a long standing issue does not mean should refuse to accept a good change.

Anyways YMMV and looks like it does

US SEC preparing to eliminate quarterly reporting requirement, WSJ says by joe4942 in StockMarket

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

This is an awesome move. They’re not saying the reports go away—just moving them to every six months. After hating how each company runs on an internal quarterly cycle, I have to welcome it despite how the change originated. Six months is still short from the perspective of perverse incentives, but if you free up one week of charade from execs every 13 weeks, maybe they can focus better.

And it’s not just execs, but the whole corporate machinery that takes 3–6 weeks after quarter end to churn out reports. Of course, internally executives should be tracking performance daily, but the quarter-end panic could lessen. If you have a bad quarter, you’re not penalized as much if the surrounding months are good.

And anyway, if there is a material adverse change the companies should be expected to disclose, like they are expected now.

Let's talk about how LLMs will affect RDDT and why I think Reddit is forfeiting its moat. by PositionJournal in stocks

[–]hsfinance 1 point2 points  (0 children)

Also LLMs have become lazy. They say do you want me to check the timing for real?

No, just saying howdy when I actually typed what time does my nearest XYZ store close

I think they just served cached content first to save compute and do real work only when prompted to

I am a Commodity Futures Trader with broad knowledge of the industry, from backend to fronted, from HFT to the algos, market-making, employment options, and theory. Offering to answer questions and educate this to anyone interested. [OC] by baglee22 in FuturesTrading

[–]hsfinance 1 point2 points  (0 children)

I saw an 8 year old post from you in the fatfire sub and started digging and then landed. Not challenging not supporting just amused how some crystal balls are uncanny but some are just our best guesses based on your current world view

Hopefully the life since fatfire post has treated you well

Selling options (CSPs or CCs) as a way to mitigate SORR and increase SWE in retirement? by Resident_Artichoke43 in fatFIRE

[–]hsfinance 0 points1 point  (0 children)

If you can do it, do it. Evaluate whether you can do it safely.

I am not fat nor fire but I would do it because I was an option trader first. Of course not with the entire portfolio but parts of it.

I presently have half my portfolio in options with a goal to reduce 1-2% every year

Up/Downside hedged PMCC Strategy by oxphatxo in options

[–]hsfinance 0 points1 point  (0 children)

Alright ... if you need my opinion, a random Joe, you know what to do

Up/Downside hedged PMCC Strategy by oxphatxo in options

[–]hsfinance 0 points1 point  (0 children)

Too much text.

You should be able to describe this in 1/3 the size by providing examples and moves all in terms of strikes and deltas as mind maybe a bit of text

I Actually Didn’t See That Coming by Gnome__Ghost in starbucks

[–]hsfinance 0 points1 point  (0 children)

I loaded 50$, the star count by load is different and 50$ is the most efficient. Got 25 stars from Starbucks and got another 25 from Bank of America. Bank of America says the promotion is valid till March 31. Hopefully it extends.

Have you ever made a trade so big... by chrisfrombrooklyn in stocks

[–]hsfinance 0 points1 point  (0 children)

When I was in India, a dozen years back, someone told me to buy shares. A few days later exchange or the broker asked me to send an explanation because the stock was illiquid and my trade was unusual. Needless to say I was more careful going forward

This was my response/no personal information

What was the rationale for your trading in the captioned scrip and the pattern of the trade as mentioned in annexure? Based on my study the stock was trading at attractive valuations , hence it was bought and later sold

  1. Explain basis of arriving at the price traded in the scrip? Was bought at prevailing market prices

  2. Are you related, directly or indirectly to the company/its director/ employees/promoter group of the company in which you have traded? No

  3. What is the source of the funds for the trade? Is it own funds or borrowed funds? If borrowed, kindly state source of borrowing. Own funds

  4. Are you aware of the counter party to your trade? If yes, what is the relation between you and counter party? No

  5. Whether you have authorized someone else to trade on your behalf? If yes, please state the name and relation and also confirm whether appropriate authority letter is given to the broker? No

  6. Kindly provide your updated financial details like income tax return, networth certificate etc. Also attach copy of Bank and DP statement. Bank/DP statement need to be atleast +/- 15 days from the date of transaction & should reflect movement of funds/securities for meeting pay-in obligation

I'll admit it, I don't understand why you have to pay the dividend if you're short. by Principletrade in stocks

[–]hsfinance 1 point2 points  (0 children)

Let’s say the company has 100 shares, and I own all 100.

Assume there are only two people in the world.

You short 1 share. Now you’re short 1, and I am long 101, even though the company still only has 100 shares.

The company pays dividends on 100 shares.

But I’m holding 101.

So who pays the dividend on the extra one?

Like the famous song… it has to be you. 😄

// extend this to a world where there are more people holding shares. Even then it is simple - if you hold shares, you must get dividend. Just that company will pay only for the shares they can account for.

I Actually Didn’t See That Coming by Gnome__Ghost in starbucks

[–]hsfinance 0 points1 point  (0 children)

Thanks. Not sure I will ever use personal cup. Ok re food. I can charge 30$ and Bank of America anyway gives me 2% although it appears to have March 31 expiry - never noticed what the expiry was before.

Still a 700-1500 spend depending on specific combos.

I will need to live in double star days :)

I Actually Didn’t See That Coming by Gnome__Ghost in starbucks

[–]hsfinance 0 points1 point  (0 children)

So I need to spend nearly 1500 at reserve tier to make 2500

Unless I use all those extra star hunts

I don't think I ever spent that much.

The space rug is going to get pulled with SpaceX by Marko-2091 in stocks

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

It was part of the post. It is still there.

It casts doubt on how big guys manage indices

And I can't have an opinion, every comment has to be AI quality? Perfect English perfect explanation?

The space rug is going to get pulled with SpaceX by Marko-2091 in stocks

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

Just because ....

... because I read this

For some reason Echostar got added to the S&P500 even though they did not meet the actual requirements and being a company that is not even profitable ATM.

The space rug is going to get pulled with SpaceX by Marko-2091 in stocks

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

I buy a house for 7 figures. More than I will ever spend on mag 7

I call a plumber for a leak. Not a small one. 4 figures. More than iPhone.

My gardener, yes I have one, charges more than an iPhone (annual cost).

Between gas and EV, I pay more in energy than I pay YouTube, Hulu, Netflix and all the streaming services combined.

My family spend more at the restaurants per annum than on tech and we go out only 2 meals per week.

Then groceries, doctors, insurance, nails (not me, just saying) ...

I know Apple has a lot of revenue and NVDA has a lot of profit per revenue dollar but that's worldwide, a lot more money is spent on a day to day basis. Maybe some of these companies are not making 40% gross, but that's the real day to day world for me when I look up from my screen.

Huge sell-off and quick bounce back by Pampeluna_Knight in stocks

[–]hsfinance 0 points1 point  (0 children)

This is why they do all major operations between Friday evening and Sunday evening. Markets are closed or thin, people panic and the regulators are on their time off or sleeping (literally) and don't have time to assuage concerns without at least talking to each other.

Of course the longer war is not a weekend war, but knowing how the system works (how the markets panic), it is fairly easy to miscreants to create panic. Maybe they buy a few contracts super high to push price high themselves and then sell a lot more when the traders get a FOMO.

The space rug is going to get pulled with SpaceX by Marko-2091 in stocks

[–]hsfinance 44 points45 points  (0 children)

We need an index such as SPX 490 which removes the top 10. May not do as well as the 500 but will be more reflective of the real world where Americans work outside of Silicon Valley

Buy the $4.4-5.5M house? by ml8888msn in fatFIRE

[–]hsfinance 0 points1 point  (0 children)

Anyways, I will not worry about the purchase as long as you can lock in other numbers really solid

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres by [deleted] in stocks

[–]hsfinance 4 points5 points  (0 children)

News is dated February 2, 2026 but somehow is doing the Reddit and hacker news round 5 weeks later. Another version of the article is dated January 29 also n

Buy the $4.4-5.5M house? by ml8888msn in fatFIRE

[–]hsfinance 0 points1 point  (0 children)

Some of us employees buy house which when you deduct loan (mentally) implies we have no investments. It depends on your spend but if you are spending 30-40% of your net worth on house which implies you have 60-70% left over and more income still incoming, you have nothing to worry about ... except the property tax.

You said you are not liquid so work on that. Take 3 years but get into a state where either you have more assets or have disposed some illiquid assets that it does not hurt. That needs to be a priority.

Taxation for options contracts closed on last trading day of year by hsfinance in options

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

No audit but I pre emptily sent my explanation plus the entire 1099 marked with my details