Jurgis

I think people (including CoBF posters) don't understand PFOF and its cost to clients. Reading that Wikipedia article might be a good first step before posting about PFOF. ?

Hey, it's Eastern Europe. If they can get away with dumping, they dump. If there are shortcuts to make money, they will. If they are "smart", they'll "work it out" with authorities. It is funny if they are really getting a contract to clean up the stuff that they themselves dumped. I would not be surprised though. Good luck.

Bububutt Warren and Charlie love China... ??

The flavors are not necessarily artificial. They are usually herbal although DTEA has some (crappy IMO) artificial tasting flavors too. Non-tea drinks are called infusions or tisane, but neither of these terms are used much. Like you said, it's all dumped into DTEA category.

There's not enough data IMO. There have been only couple break ups. Most famous are Standard Oil and Ma Bell. In both of these the children did well for some time AFAIK. I don't have data comparing to indexes though. Still 2 breakups does not data make.

You cannot buy stocks on foreign exchanges with no commissions in USA. At least not in Fidelity. And you could not buy stocks on foreign exchanges in retirement accounts in Fidelity either. This may have changed - or not.

I cannot speak about benefits for service providers although currently mostly/everyone is overbooked AFAIK, so there's almost no need for ANGI from service provider PoV. For home owners the proposition is possibly nice. But in reality most services are not fungible and are tough/unlikely to fit fixed-price. I still have not ordered anything from ANGI and unlikely to do it in foreseeable future. E.g. I have couple of small electrical jobs that I'd like to be done. Are they fungible? No. I can't even describe them in a sentence. They are also likely jobs that no electrician would want to drive for. And these are likely still way more fungible than any bigger jobs I have. Anyway, see also upthread my comments about the non-fungibility of jobs and my experience with ANGI and their subs. ANGI may do well if they can figure out what works. I don't think they did yet. Disclosure: I own some ANGI

Probably not this one... https://smile.amazon.com/Ultimate-Risk-R-I-S-C-Book-6-ebook/dp/B083BGX9VR/ref=sr_1_1?dchild=1&keywords=ultimate+risk&qid=1619569713&sr=8-1 ? Hmm, probably not these either... https://smile.amazon.com/s?k=risky+business&crid=38JRGNCI7UFR1&sprefix=risky+busine%2Caps%2C189&ref=nb_sb_ss_ts-doa-p_3_12

Wow. Very sad. https://www.fcc.gov/suicide-prevention-hotline

Oppan Gangnam Style! ?

Color me skeptic. Pursuit of growth sounds like CMPR. And look where it ended. And IMO CMPR had (and possibly still has) a better business and business model than RBL. It's gonna be hugely execution play. If they have AAA+ execution, this will do well. If they don't, I don't think there's any margin of safety, since the co doesn't really have anything without execution.

Just watched an interview with John Riccitiello, President & CEO, Unity Technologies at Motley Fool event. He's intelligent and well spoken. I don't think he's a visionary. I don't think he's inspirational CEO. That's not necessarily a critique. Just expect more of economics focused and evolutionary business steps rather than revolutionary steps and breakthrough projects and products. JMO

@Cigarbutt: I agree that current productivity gains are underwhelming. If we cannot significantly step up automation/AI, then with flat to declining population we will have a problem. I am also (somewhat?) "deep into artificial intelligence". I'm in the AI Moore's law camp though. IMO we will get some radical step ups in the coming 20-50 years. We'll see. ?

Declining population does not need to mean declining economy or "massive economic problems". It all depends on productivity. If we reduce this to an absolute, a single (immortal) person living on Earth could still have a great standard of living and great economy if everything was automated. This puts a tremendous burden on automation and AI for the next 50-100 years though. Also, invention has to be shifted to AI too, since with declining human population, the number of inventors will also decline. If human inventiveness is not replaced by AGI, there's an issue. Another two alternatives that may become reality: 1. (Practical) Immortality. That would slow down the population decline to almost nothing. I'm still accepting bets for a charitable lunch that we will have practically immortal people in 30 years or so. (Honor basis, I'm paying for lunch if I lose, PM me, limited spots, I reserve the right to refuse. Lunch won't be held if I die before then). 2. Radical reduction in the cost/effort of having children. Uterine replicators. Change in morality/politics/economics that shifts burden and responsibility of raising kids from parents to society. China and CCP: this is your chance to rule the world! And before someone decries this as a communist idea, please remember that Britain did this in the past with boarding schools and they were capitalist thankyouverymuch... and they had a global empire. Risk: morality/politics/economics change (too) slowly.

I wonder if this will pull the rug from under the stock.

Are there any other kind of hedge fund managers? ? I liked the "salty crybaby" that was at some point added to Wiki too. ? Wiki page edit history is hilarious too: https://en.wikipedia.org/w/index.php?title=David_Einhorn_(hedge_fund_manager)&action=history

Thanks @Cigarbutt and @wabuffo for this thread. Lots of interesting info. I am not interested in HQI directly, but I have investments in https://www.turning.io/ and https://shiftposts.com/ . That one has operations in your neck of the woods @Cigarbutt ?

How is Dogecoin different from any other crypto coin? ?

People have been saying this about CA for last 20 years or longer.

My predictions about BABA: https://finpredictions.com/questions/what-will-be-alibabas-revenue-in-the-first-quarter-of-fiscal-2022/#156 https://finpredictions.com/questions/what-will-be-alibabas-revenue-growth-in-fiscal-2022/#155 https://finpredictions.com/questions/what-will-be-alibaba-stock-price-june-30th-2021/#161 - it seems I was too optimistic earlier. ? Not strong convictions. I may change them any time.

@LearningMachine: BABA has increased revenues ~10x since 2014 when they started to raise the take rate. Even if we assume that all the revenue comes from the take rate and we reduce the current revenue by 1.8, then still BABA would have increased the revenue ~5x since 2014. That's about 27% annual growth rate without take increase (vs 46% with take increase). Do you think BABA cannot show 20-27% growth rate without take increase or with slight decrease this year? Another way to look at this, which is closer to what you suggest: 80% take rate rise from 2014 corresponds to 10% annual take rate rise. Last year BABA revenues grew about 27%. Assuming that there was 10% take rate growth last year and this year take rate is -10%, then we get something closer to your expectations: that growth will be 17% at flat take rate and only 7% at -10% take rate drop. This still assumes that 100% of BABA revenues comes from take rate. What percentage of the revenues really come from the take rate? Do you know?

New members are already paywalled as Sanjeev posted on So opinions that paywall would decrease quality/quantity of postings are independent of the additional (?) no-ads paywall. There is a paywall already.

Is there a way to make/mark the thread unread? This was available in the old site, but I don't see it in the new site. ?

There have been some claims that mRNA-based vaccines may be more effective against new virus variants. Not sure how reliable these claims are.

Holding something 10+ years is very hard. Even harder if it's concentrated position. Even harder if it's highly volatile position. Even harder if the business is rapidly changing (tech stocks, does not apply to LVMUY). Somewhat easier if it's a conglomerate run by great operator (BRK, possibly somewhat LVMUY). There's no easy way to find my oldest position, but likely it is NFLX from 2012. Unfortunately, I have sold 90% or so at way lower prices and this is just a remainder. 56-bagger as of today. Highest x-bagger that I have.