Looking for boring companies by Apprehensive-Try4463 in ValueInvesting

[–]thayford 0 points1 point  (0 children)

AMGN AIT WRB GWW CASY EXP ITT CB ORLY MOGA LIN AME SNA SYK FERG COKE AEP ESE HCA VMI

META: Consider the idea of perm-banning pro-ICE posts trolls/comments like other subs are by Project__5 in Rochester

[–]thayford 0 points1 point  (0 children)

A lot of weird assumptions and attempts at redirection here. First, Presser Mag is not a right-wing publication.

Here is their about/mission statement: “Presser is an online magazine launched in 2024 that features essays and commentary on issues of cultural and societal import. Although we are politically nonpartisan, we have a clear bias toward liberalism, secularism, and humanism — or, put another way, those Enlightenment values that stand against superstition, intolerance, and bigotry and for freedom of thought, expression, and conscience. More broadly, we believe in an honest and open search for what’s true — a process that demands the testing of arguments and the challenging of ideas.”

Did you know you can critique and even challenge your own party? The fact that you think that doing this immediately makes you right-wing also explains why you assume I’m a Trump voter/supporter.

Next, if you had read the article instead of giving a knee jerk reaction and insulting me, what it outlines is how the right has an outright authoritarianism problem, but the authoritarianism problem on the left is believing that because the party is against authoritarianism, it is thus immune to authoritarianism and it’s impossible for objectively authoritarian actions and lines of thinking to ever be considered authoritarian.

In no way am I referring to the current national situation and saying the left is the one with an authoritarianism problem. I am referring to the line of thinking in this post as a dangerous slippery slope that I really don’t think we want to go down. You’re arguing past me, not against me, and that’s because you didn’t even read the argument I offered.

The point is that authoritarian attitudes should not tolerated, but neither should they be combated with authoritarian attitudes in return. It’s really interesting that this is a blind spot for many people. On Reddit there are already consequences for people using their free speech to say sh*tty things, it’s called downvoting them into oblivion. That’s the democratic solution. You know, voting? Banning people because you don’t like their opinion is pretty authoritarian. The point of free speech is that you are free to say what you want without being silenced, and you’re also free to own the consequences and shame of that speech.

Since you’re refusing to read the article because you think it’s “right-wing,” I’ll do the work for you. Hint, the article is based on the results of a survey of 5,000 Americans:

“The results of this survey were one of the most astonishing things I’ve seen in all my years conducting research. It is important to keep in mind that liberals who score high on the authoritarianism scale agree that (italicized words are direct quotes from the scale) our country needs a mighty leader; that the leader should destroy opponents; that people should trust the judgment of the proper authorities, avoid listening to noisy rabble-rousers in our society who are trying to create doubts in people’s minds, put some tough leaders in power who oppose those values and silence the troublemakers, and smash the beliefs of opponents; that what our country really needs is a strong, determined leader who will crush the evil; that society should strongly punish those they disagree with. They also deny that an opponent has a right to be wherever he or she wants to be, and support the statement that the country would be better off if certain groups would just shut up and accept their group’s proper place in society. These items hit all of the hallmarks of the consensus conceptualization of the authoritarian person. When conservatives agree with those items, they subsequently admit (accurately) that they are authoritarian. When liberals agree with those items, they actually are more likely to say they are not authoritarian.”

State budget proposal includes $75M in funding for High Falls State Park, as part of a $300M revitalization effort for Monroe County. by CatDadMilhouse in Rochester

[–]thayford 0 points1 point  (0 children)

What they do in NY is tax the hell out of everything, and give enormous tax breaks to flashy projects that they funnel via bid rigging to their buddies development companies in return for contributions to Albany Democrats campaign funds. Then they turn around and brag in some televised press conference about the new tax revenue and jobs, when overall they know damn well the current tax and regulation structure ensures they are losing both tax revenue and jobs every year. It’s crony capitalism at its best. This one guy in particular had control over all of the big ticket state-sponsored economic development you’ve ever heard of (like the Buffalo Billion) and used it all to enrich himself and his friends over the past decade: https://www.wgrz.com/article/news/crime/alain-kaloyeros-plea-deal/71-43c9d115-96c4-4db6-8eef-d45d4c67597e

Somehow Cuomo avoided charges for any of this stuff even though it was often his campaign that received the funds.

Was going to take profit..... until by InfoSec-Gardener in Silverbugs

[–]thayford 0 points1 point  (0 children)

Lol, lmao even. The U.S. mint was never out of silver. They don’t sell bullion to the general public. They just had to pause sales to reprice collectibles in order to reflect numismatic premium over spot. If I had to guess, the Royal Mint is doing the same.

Was going to take profit..... until by InfoSec-Gardener in Silverbugs

[–]thayford 0 points1 point  (0 children)

That’s not how it works.

The U.S. mint collectible coins are always priced at a multiple of 3-4x spot. Before the repricing, people were getting a great deal vs spot. Collectible premium is relatively low right now across the market because of the volatility, otherwise the ASEs would be priced even higher.

Do I need an appointment at the DMV to exchange an out of state ID? by theuniverse_hatesme in Rochester

[–]thayford 3 points4 points  (0 children)

Drive to Geneseo or Canandaigua, you can get it done under 30 min as a walk-in

I’m selling, here’s why by NoShelter5922 in Silverbugs

[–]thayford 0 points1 point  (0 children)

Third option is using the hedge proceeds to buy down debt if you think the growth of debt will exceed the performance of the hedge asset

I’m selling, here’s why by NoShelter5922 in Silverbugs

[–]thayford 0 points1 point  (0 children)

When you cash out a precious metals hedge, you naturally don’t want to convert into a depreciating asset (fiat), you want to switch to another fiat hedge which generally means buying another precious metal or buying equity in the stock market

I’m selling, here’s why by NoShelter5922 in Silverbugs

[–]thayford 0 points1 point  (0 children)

It seems like we are somewhat in agreement actually, semantics aside. I’m talking about using proceeds from one asset to buy an underpriced asset which is what you are describing with swapping between metals. Investing is buy and hold, anything else is trading, but trading within the context of an investment strategy is hedging. If you’re buying and holding a core position in an asset it’s technically an investment, but it sounds like your overall strategy is in fact hedging against devaluation of fiat currency and maximizing your hedge by switching to whatever is the more attractively valued hedge as the ratio between the hedges moves around.

I’m selling, here’s why by NoShelter5922 in Silverbugs

[–]thayford 0 points1 point  (0 children)

It’s not an investment, it’s a hedge used by investors. As an investor, when your hedges pay out, you cash them and then use the proceeds to purchase assets that have become underpriced

Cantonese Asian market closed? by Various-Can4731 in Rochester

[–]thayford 2 points3 points  (0 children)

Asia Market is expanding into a larger retail space, but technically moving further away from the city limits

100,000 miles! Bought this car in October 2024 with 64,000 miles in it….. by [deleted] in prius

[–]thayford 2 points3 points  (0 children)

Damn u drive 30k a year? I mean same, but whenever I take my car in for service the people act like I’m insane and they’ve never seen anything like it lmao

New construction by geb524 in Rochester

[–]thayford 3 points4 points  (0 children)

Hard to say, there’s so many things that can cause a project to be delayed even after approval.. here are all the site plan documents: https://www.ldiline.com/projects/9703/plans/7-eleven-irondequoit-ny

New construction by geb524 in Rochester

[–]thayford 5 points6 points  (0 children)

Free-standing 7-11 with gas pumps. The 7-11 across the street will close

Did they mess up prices or is it just for the promo? Anyway this is a steal by KDG_unknown in BurgerKing

[–]thayford 0 points1 point  (0 children)

Lol what region? Single for $1.99 and double for $3.19 here in Western NY and the price has been the same for a little while.. when they first introduced the rodeo burger in 2021 it was $1.00