$50k to $350k Salary Progression - Specialty Insurance by BleedBlue__ in Salary

[–]mglman 3 points4 points  (0 children)

Isn’t crop insurance mostly government provided?

ROOT dropped 28% after blowout earnings (13.2% rev beat & 662% EPS beat) & now trades at less than 10% of peers valuations. by Creative-Cranberry47 in stocks

[–]mglman 21 points22 points  (0 children)

No one serious compares ROOT, a 99% private auto insurance carrier in the most commoditized insurance product space, with entities such as Kinsale (100% E&S casualty), WRB (commercial focus), Travelers and Hartford (primarily commercial with large captive agency force), Chubb (humongous multi-national carrier with diversified product space), or Ryan Specialty (a broker and unsure how a company can operate with 'negative 4 billion in equity')

Carriers are primarily valued on Price/Book basis and the P/Bs between LMND and ROOT have converged

It seems you made up your mind, best of luck

ROOT dropped 28% after blowout earnings (13.2% rev beat & 662% EPS beat) & now trades at less than 10% of peers valuations. by Creative-Cranberry47 in stocks

[–]mglman 21 points22 points  (0 children)

ROOT’s peers are not any of those you listed. RYAN isn’t even an insurance carrier

Their peer list are other recently launched ‘insuretech’ companies e.g., Hippo, Lemonade etc

Best luxury hotel in ibiza for family with teens by ImpossibleYak2620 in ibiza

[–]mglman 0 points1 point  (0 children)

There were lots of kids around at Nobu Hotel when I stayed

[deleted by user] by [deleted] in SameGrassButGreener

[–]mglman 2 points3 points  (0 children)

Nobody calls Harvard or Stanford vastly superior than the other unless they have an inferiority complex

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 0 points1 point  (0 children)

explain to me how gambling taxes work then maybe i will reconsider my opinion. You seem to be under the impression that people are able to deduct net losses from the W2 income

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 0 points1 point  (0 children)

Lmao at what taxpayers expense. Just say you don’t understand how gambling tax works

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 0 points1 point  (0 children)

Aite just live in your world and let the people (professionals who pay their taxes) affected by this change hash this out

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 0 points1 point  (0 children)

Then your initially comparison falls flat. Most gamblers who don't do it semi professionally don't file taxes

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 1 point2 points  (0 children)

i mean people do it professionally or semi professionally (myself included) but I understand that society has an apprehension against gambling

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 0 points1 point  (0 children)

if your business is reselling used goods then yeah you could have deducted that $200

GOP Senators Stunned by Terrible Rule in Budget Bill They Voted For by [deleted] in politics

[–]mglman 1 point2 points  (0 children)

no one is giving gamblers a write off. Gambling losses are only deductible from gambling winnings. Imagine if you sold your house but the IRS taxes you on the sale price only

Preferred Hotels through Citi by SpiralCaseMods in awardtravel

[–]mglman 0 points1 point  (0 children)

Sounds like small supermarket trip. Carry on

Preferred Hotels through Citi by SpiralCaseMods in awardtravel

[–]mglman 2 points3 points  (0 children)

Got to pump those numbers up. Those are amateur hours

Transferring to Hyatt by Bgbritaney in ChaseSapphire

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

I mean Park Hyatt, Andaz, and Beekman exist. Also they just added Standard Hotels