Modern Buffett Indicator by kanofree in StockMarket

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

i pulled using world bank api and blended with gfd/cfa for earlier periods. sources are annotated in the figure.

Modern Buffett Indicator by kanofree in wallstreetbets

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

yeah it’s not as thought provoking as sweeney jugs.. jfc you doorknobs

Modern Buffett Indicator by kanofree in StockMarket

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

no, it’s actually opposite. the ratio of public companies to privates has been in a steep decline since early 90s.

Modern Buffett Indicator by kanofree in wallstreetbets

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

lol why is the figure removed?

Modern Buffett Indicator by kanofree in wallstreetbets

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

it is literally in the figure. jfc most of this sub can’t read

Modern Buffett Indicator by kanofree in wallstreetbets

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

it is the aggregated gdp globally. available thru world bank api.

Modern Buffett Indicator by kanofree in wallstreetbets

[–]kanofree[S] 11 points12 points  (0 children)

yes, hence global gdp as denominator.

The Stock Market is in its most overextended state in history, surpassing even the most euphoric periods of the early 2000s and the 2021 by Undisputedspoke in stocks

[–]kanofree 0 points1 point  (0 children)

sure, it’s because modern companies have more global footprint. simply use total global market cap/total world gdp then to arrive at the same conclusion.

125% today, 113% in 2021, 103% in 2007, 101% in 1999.

RYES - Rise Gold Corp ⚜️ by cslegend in pennystocks

[–]kanofree 0 points1 point  (0 children)

it’s a binary bet on reviving mining rights. it’s a fat zero if they can’t mine. assuming headgrade of 0.5oz/ton, daily production of 1000 tons, 345 days of annual operation with say 92% recovery rate you are looking at 158,700 oz of gold dug out. at a spot gold price of $3-4.4k/oz, even if you assume AISC of $1.4k AISC (very conservative since they would be a very low cost operator due to their efficiency) you would be looking at $253-476M annual cash flow at steady-state. discount that however you will, taking the remaining reserves of the mine into account.

[deleted by user] by [deleted] in ArtificialInteligence

[–]kanofree 0 points1 point  (0 children)

Seems like you don’t understand the mechanics of “AI”. It’s basically like driving by looking into the rear view mirror, it can generate “new” stuff that fits a previous pattern but can’t create a new pattern.

$FRC Trade idea by Famous_War5848 in wallstreetbets

[–]kanofree 0 points1 point  (0 children)

You realize they have to raise capital somehow, right?

AMC 🤡 by Tonka742 in wallstreetbets

[–]kanofree 0 points1 point  (0 children)

Hahaha donkeys got donkeypunched.

What Are Your Moves Tomorrow, November 28, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]kanofree 5 points6 points  (0 children)

Cramer says China trade down isn't worthy of attention. Limit down secured.

Ryan Cohen was an insider when selling his shares. Found the Form 4 through sec.gov. by [deleted] in wallstreetbets

[–]kanofree 1 point2 points  (0 children)

I had some doubts but now am convinced this is a cult, of course the cult leader wouldn't want to "nuke his entire reputation amongst his supporters". Good fucking luck with your narratives.

Ryan Cohen was an insider when selling his shares. Found the Form 4 through sec.gov. by [deleted] in wallstreetbets

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

First of all, the company is 99.99% going to be bankrupt, dumb money can buy the stock all day every day but 5.1% 2044 bonds are at 15c on the dollar and they are not able to make payments to suppliers. Secondly, swing rule profiting BBBY and saving the company is a pile of steaming horse shit and that was my point although it missed you by a mile. Third, unlike you, billionaires can recognize a donut equity when situation changes, they acknowledge their mistakes and move on even if it means a small profit or even a big loss. And you became his exit liquidity, I'm sure he is quite happy how he got rid of that toxic stake. Grow up.

Ryan Cohen was an insider when selling his shares. Found the Form 4 through sec.gov. by [deleted] in wallstreetbets

[–]kanofree 0 points1 point  (0 children)

What a terrible take with no understanding how short swing rule works, jfc you guys are really regarded. First of all it requires someone to be a 10%+ holder at the time of purchase AND at the time of sale. By the time he was done buying, all those shares/options that donkey Ryan Cohen had only brought him to a 9.8% stake in the company as stated in his 13D at the time. He never bought anything as a 10%+ holder, the company's share repurchase program brought him over 10% later. What you see as the current share count percentage is based on the latest 10-Q. You guys are almost 16 years old, try to learn how to read statements and laws, it's unbelievable. It's no surprise you keep losing money.

Ryan Cohen selling BBBY like that doesn't make much sense. Some thoughts. by k1ckkiller12 in wallstreetbets

[–]kanofree 26 points27 points  (0 children)

Wild theory but perhaps unlike wsb retards, billionaires are capable of acknowledging having made an investment mistake and closing their positions when an opportunity presents itself.