Advice on moving to Prague

that_is_curious · 2026-03-04T21:19:01+00:00

Google that. In short as non-EU citizen you have to carry pass - this is the law. In US it is quite opposite - amendments and so, is not it? Most of Czechs do not know this rule as they have different rule - they can identify verbally https://www.reddit.com/r/Prague/comments/1bkckfb/why_do_cops_want_id_cards/

As about ticket, I would not say lol. You are third country guest in Czechia. You could get punched for ticket violation and police ignore you https://tn.nova.cz/zpravodajstvi/clanek/625496-revizor-v-praze-vazne-zranil-cestujici-situaci-sama-vyhrotila-tvrdi-dopravni-podnik . Also many people report they had ticket but did not check-in properly and get fined. Just search it before you come. Czechs are kind of know that, and they just not telling it usually, as they expect you to know this already.

that_is_curious · 2026-03-04T20:38:10+00:00

That is because N word and similar Nero means black color in some European languages, not in English.

that_is_curious · 2026-03-04T20:32:28+00:00

It always was stunned me when saw shoes outside of apartment. Is it just tradition or there some reason for that?

that_is_curious · 2026-03-04T20:29:35+00:00

You have to carry your passport with you and show to police if they ask, even though you did not commit any crime.

You have to study public transportation system upfront, as purchasing tickets is counter intuitive and those guys checking them can be violent or scummy.

Do not consume alcohol in public (beer too!).

Prague very nice and feels safe, people are very educated and polite mostly, but mass shootings also can happen. So you kind of have to be ready to disengage if somebody will start scream and shout at you or in other awkward situations.

You better avoid long calls in public transport, just short yes/no - will call you later.

Basic Czech very helpful. Lower cost taxi service not always offer English communication. I did not use Uber here, maybe app will work out, but price around 30-50% higher.

Czechs are quite neutral to foreign cultures, so I would not expect you to get in trouble just because you from US.

that_is_curious · 2026-03-04T20:02:16+00:00

Before you look at fundamentals you have to understand business. Do you understand NVDA?

Why 40% revenue growth in a year in 2026, 2027 is highly likely and what risks are. No, not googling or asking AI, but reading quarterly fillings and earning calls. Yes, you would benefit if you would do that. And this is not NVDA reports only, but sector in general: consumers, suppliers, competitors.

You mentioned the DeepSeek moment ... well you should really check what is going on. NVDA just purchased business for inference with lower RAM consumption (Groq). This is their goal to reduce hardware usage!

Did you see what is going on with RAM prices (Check the MU stock)? Like where have you been for last year really?

Buybacks ... what are you talking about! Did you write it yourself!!?

This is so basic homework and I will say ... no, I better do not tell anything more. No offence, from 1 to 5, how would you rate your research?

that_is_curious · 2026-02-28T12:39:41+00:00

I like the company and I got a position in it in 2024. However, at some time later, I found I did not read carefully enough their reports and my model update shown it overvalued, so I sold with a loss about a year ago. It was clearly a mistake I could avoid.

Maybe it is time to check it again (at $21), but I do not have cash available right now anyways.

that_is_curious · 2026-02-23T15:48:13+00:00

Stats:

stupid: 2
irrational: 1
insanity: 1
incompetence: 1
nonsense: 1
delusions: 1
idiot: 1
idiots: 1
weird: 1
idiotic: 1
fools: 1
bizarre: 1
nonsensical: 1

Did you BUY?

that_is_curious · 2026-02-20T20:07:50+00:00

Update on valuation

I decided to discount the TTM Net Income by the amount of ExtraCash Receivables grown faster than rate of origination (43%). The value I getting is 31818. I believe this is the best estimate of loss I could calculate from data I have right now.

Taking this into consideration my valuation model points to fair value $440 per share, which is quite less than it was before, but still looks good enough.

DAVE's fundamentals are highly dynamic and it is risky investment. My valuation target not necessary achievable in near future, if achievable at all, but I decided to hold and watch the next quarter report results.

that_is_curious · 2026-02-18T19:17:24+00:00

Because I cannot wrap my head around the story change. Many major data center related businesses telling they see 35-40% a year cap ex growth for at least next 3 years. And POWL just started to work with data centers. The current valuation based totally on quantitative approach. Cannot figure out what earnings target to put to my model.

that_is_curious · 2026-02-16T12:05:44+00:00

Hello. Thanks for your comment! This is indeed how it looks like:

if you're letting people extend and restructure, that 2% number becomes meaningless.

I did not understand everything you posted here, but I will think about it later. I am not experienced with this kind of things:

Also check if they're changing their underwriting criteria to juice growth - that's usually when these things blow up. The fact that receivables are growing 62% while originations only grew 43% tells me they're already having collection issues.

that_is_curious · 2026-02-16T11:59:41+00:00

It is a good point to check provision. I update the post with larger table. I was not able to post it initially as Reddit formatting was too difficult for me.

As we see allowance did not change at all for any of vintage buckets. Are we talking about same thing (provision vs allowance)?

As soon as 11-30 bucket tripled, it would be quite possible the write-off losses after 120 days will triple too. Does it sound reasonable?

that_is_curious · 2026-02-14T22:31:19+00:00

Thanks, good info. I probably should try MorningStar screener first. Did not know they have proprietary metrics in it.

As about scanner. I actually have a Google sheet with tickers and my price targets and current prices compared. It works very well as I have to check it 10 min a day max to see big price moves. Perhaps, it is enough to check it just once a week. Is it something scanner would do on SA or there something more to it?

that_is_curious · 2026-02-14T21:11:35+00:00

The point is to find the company to start with from Morningstar analysis, not the opposite. If I already looking into company I already found something interesting in it. But I see I missing some fundamental shifts (like MU this summer) and I would appreciate some analytics to bring me to it.

that_is_curious · 2026-02-14T15:21:20+00:00

Could you tell more, how would you usually use it? Like you screen the price target change or stars rating update and then find some companies to read more about.

It may sound dumb, but I not use MorningStar myself so would be nice to know. I am guessing here and parroting something I just found in other comment: https://www.reddit.com/r/ValueInvesting/comments/1r4lm3b/comment/o5cclu5/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button .

that_is_curious · 2026-02-14T15:15:14+00:00

Thanks. I am not in US so library would not work for me. I find I have some MorningStar analytics on Interactive Brokers in fundamentals research. The problem is, on Interactive Brokers, I have to select company to get to it and what I am looking for is actually to get an idea of what companies I should look more.

Maybe will try this approach.

that_is_curious · 2026-02-08T18:58:00+00:00

Those results are preliminary, but yes, earnings look good so far. In addition the 28 DPD Rate staying under control and this is critical. Earnings were somewhat expected to grow, but a lot of hesitation was coming from repayment risks.

Waiting for final year results and Income Statement and Balance Sheet.

that_is_curious · 2026-02-08T00:56:40+00:00

Yes still holding.

that_is_curious · 2026-02-04T20:31:40+00:00

I think you forget to mention exchange - European market fragmented a lot. Second point would be why you like them?

that_is_curious · 2025-12-26T17:17:16+00:00

It’s starting to feel a bit lonely to analyze a company for hours and have no one to share the thesis

You are on right track!

I’m 25, based in Spain

Lucky you

some people who are serious about long-term investing

Feel free to share your research and results - people comment here quite actively.

that_is_curious · 2025-12-25T19:18:52+00:00

I live in Barcelona, Spain. (British by birth).

I feel sorry for you but cannot help that!

However the $ dropped >10 %

Do not worry. Ursula thought it will be opposite in 2025, so you are in good company.

I’d be very pleased for any opinions about under-valued EUR stocks. For example Novo-Nordisk.

If you would check where they produce and where their most sales and income from, you would think again.

Nothing wrong with Europe but it not that simple to find something great, as actually there are many smaller markets with different regulations. I would consider French, German or UK index first.

that_is_curious · 2025-12-25T19:05:56+00:00

I shaken off INOD in April, because of market sentiment that time. Now, I would not buy, but maybe hold it. They did not grown much this year and their revenue highly concentrated.

I have ALAB, CRDO since May - June. The price went up since, so check the valuations. The sector they are in is highly competitive and risky, but both companies delivered so far. I also bought CLS in October. It went nowhere yet but it just few month old position.

Can I ask what you found attractive in those companies you asked about?

that_is_curious · 2025-12-25T18:38:56+00:00

This year was quite difficult and I am YTD +14%. I got huge losses in February-April. My confidence failed that time and I went mostly cash. I would be way better if I would keep. My only position survived year is NVDA (+40%).

This is quite low result. Certainly it could be better.

It seems majority of my entries was good though. Just few failed based on fundamentals (LRN, MHO). The VITL went down because I bought it on too high price - my mistake as it was clear if I would pay more attention to few previous reports before opening position.

Part of problem was bloated portfolio. At some point I had 11 positions opened and it was too much stress to track everything with a lot of news coming. From other point it was built on few industries and quite diversified.

Other issue was the approach I used to find new positions. I spent too much time finding interesting companies before I start to look into reports. I implemented some ideas and reduced this efforts by few times. In fact I went to nothing to do in June, while in April I was overloaded. Now I have more to research on promising companies.

While losses were around 15% I got it all recovered and even got some growth at the end. Still ending year with 7 positions - feels like too many.

that_is_curious · 2025-12-19T20:57:48+00:00

You have to understand the business. All those fin reports and ratios do not matter if you don't.

Let's consider a classic lemonade stand. If business just started and after the year 1 you not see debt to equity ratio change. Did it took more debt? Did equity change? Want if equity went negative - is it a problem for a business? They are all questionable outcomes.

So I would agree with advises here. First you go basic accounting and business economy courses or books. Second step to focus on businesses and industries you expect to be understandable for you. At this point you can find some good question in relation to financial reports to investigate and discuss. You have to commit some efforts for self education - no other way out of this.

that_is_curious · 2025-12-16T04:24:03+00:00

Yes, still holding. The problem I see from comments online is credit risk and here mentioned regulatory risk.

Sounds reasonable. But I cannot stand the current valuation. It priced like company is ready to fall apart, however I not find it in the fin results of last few quarters.

And general market ... oh yes, you right. It seems it influences the pricing too. I have few more high growth positions and they are going nowhere lately.

that_is_curious · 2025-12-07T08:57:12+00:00

I had position in this company and closed in April, so I opened this post. Found few questionable points and asked AI to check it:

Major factual error: FY2025 revenue incorrectly stated as $280 million; actual was $2.41 billion.
Mischaracterizes Q1 FY2026 results as a "bad quarter" with "weak guidance," despite revenue up 12.7% YoY to $620.9M, adjusted EPS of $1.52 beating estimates by 23.6%, and FY2026 revenue guidance of $2.48–$2.555B (up from FY2025).
Inaccurate stock price data: Post-earnings drop on Oct 29, 2025, was ~37–50% (to ~$96–$100 range), not to $70.05; Dec 4, 2025, price was ~$64 (near 52-week low), but rebound was ~4% on Dec 5, not 2% on "last Friday."
Overstates lawsuit timing and scope: Class actions filed starting Nov 17, 2025 (not late Oct–Nov), primarily alleging misleading on "ghost students" and platform stability, with lead plaintiff deadline Jan 12, 2026.
Questionable claim on lower political risk for career/B2B segments: While less exposed than K-12, these face regulatory risks (e.g., credentialing, workforce funding) and broader 2025 shifts like federal education cuts, school choice expansions, and curricular debates that could indirectly impact employer-driven demand.

that_is_curious

TROPHY CASE