wow you are grumpy. 
some of the best minds, who can get $500k/year jobs, are going to crypto. So, its not just the ones who would be working at restaurants or construction.
I have given up on any sort of government being effective. Decentralize it all! Viva la revolución!
This should be the reason for the AH jump in price of PLTR.
This forum went from a RE forum to stock forum and now is just pure gambling in the virtual universe. Sorry I am sticking with sticks and bricks.
Good essay:
Unfortunately, my time horizon is not 3.8 billion years.
@manch view old stories told fancifully like having a new toilet.
Lastly, the author doesn’t understand physics and maths. Pretty sure doesn’t have a STEM degree. Wait… did @manch has a CS major?
You get 10 baggers in companies that have already proven themselves. If you have doubt - wait until you can fully understand the story
There are 5 ways companies can increase earnings: reduce costs; raises prices; expand into new markets; sell more of its product in the old markets; or revitalise, close, or otherwise dispose of a losing operation. These are the factors to investigate as you develop the story.
Once you are able to tell the story of stock to your family and friends - you will have a reasonable grasp of the stock
Peter Lynch
SaaS names with the highest EV / NTM Rev multiples.
Checked a few high flyers, seems normal to decline below IPO open price within 6-12 months because early investors are too eager to overpay. I am wondering whether the intensity of the IPO euphoria give some clues as to whether it is a potential. Regrettably, I didn’t pay much to attention to IPO. I have to now.
Lockup’s expire usually 6-12 months after IPO. Another reason why they dip.
There is no need to hedge a buy n hold portfolio but some people like @erth can’t sleep at night during period of volatility. Below is an article on using futures (for taxable accounts) and triple etf (for IRAs) to hedge the volatility of the stock portfolio including position sizing and the entry/ exit criteria (obvious need since it is trading).
Don’t know who is the author of the image linked by @manch, another armedchair dumb ass.
Sears - If you go there to buy appliances and maintenance stuff, you would notice hardly anybody there and the retail experience is 
Simple scuttlebutt tells you not to invest in this 
TGT- I went there often, used to be Have improved.
WMT - Crowded. Hardly go there. Low quality stuff.
AMZN - When it is a bookstore When it goes into selling other stuffs, building up automated warehouse and greatly improved storefront… should know is 
Well, I don’t have money since all in AAPL. Didn’t follow and miss the part on AWS in 2015… f…
In early 1900, Sears was what Amazon was in early 2000. In its time, Sears pioneered mail order commerce where sears will send catalogs, and buyers will order items from that catalog that will get delivered by mail. It worked well with Rural America who did not have access to regular shopping facilities. Sears was already a dying company last decade.
Similarly, K-mart died much earlier even before internet retail took firm root. at one time K-mart and Walmart competed neck-to-neck, and looked similar inside the store.
Comparing Sears (mail order shopping) and Amazon (online shopping ) is same as comparing Kodak (chemical photography) and Sony (for digital photography).
Do any of you remember this number - 1800-TEL-SHOP
Exactly, btw we are adults and understand stuff, Sears is dying. Who in our age dumb enough to invest in Sears.
Sears died due to operational inefficiency. Just like Frys Electronics, a Bay Area Icon , recently died. Internet has marginal role in death of these two.
As the article says, in 2006, market cap of
Sears: 14.3B
Amazon: 17.5B
That means stock market valued the two companies roughly the same. And Walmart at 158B is 9x Amazon’s valuation. Many millions of investors did not think Amazon worth all that much more than Sears.
Remember Kmart? Magazine cover from 2004:
Things only look easy after the fact. A more important question to ask ourselves is: what are we missing today?
