Gregmal

Isn't it clear by now that theres so much speculative information out there that folks can literally draw whatever conclusion they want by piecing together all these conflicting sources and "expert" opinions? Pick a side, any side, and regardless, theres enough out there to equally support the exact opposite stance. Face masks are good. Face masks are bad. Virus only hits old people. 50% of patients in country XZY are young people. This will be the Spanish Flu. This will be the flu. Gilead's drug works. Gilead's drug doesnt work. China did a horrible job. China did a great job. Its kind of silly. The more pressing question of the day....how many of you moral higher ground folks who are repulsed by Trump plan on voting for Biden the rapist? Just when you thought the DNC couldn't come up with a worse candidate than Hillary....At least Hillary had the semi cool Robin Wright House of Cards thing and the "I'm a strong women who whipped my rapist husband into shape" thing going for her. Turns out Biden is basically just a pussy version of Trump.

Yea private equity is the ultimate play on free/cheap money. It may end badly for them, but it will undoubtedly be worse for all others involved. These guys are wizards when it comes to extracting value for themselves then pass the hot potato. Often leaving businesses doomed for bankruptcy, the employees then unemployed, and the retail investors who bought the IPO two years ago wiped out... just how it works

You left out the last part... "Sincerely, Rachel Maddow P.S. Dont be fooled that I look like a middle school boy, or that I appear to be a television personality. I am actually a world renowned epidemiologist and pandemic expert, not just another loudmouth liberal pretending to be something I am not on Twitter."

https://nypost.com/2020/04/24/georgia-set-to-reopen-some-businesses-despite-rebuke-from-trump/ People going out!

Personally Ive been disappointed with the overall availability of veal scallopini. Have been settling for pork.

Haha I saw this. Still waiting for someone to find some fine print saying "paid for by Phillip Morris"

Yea this provides, at least for me, along with the cuts announced yesterday a pretty good look into the window of GOOG and their projection of the economy going forward, short-mid term. Google has been very aggressive, especially in Bay Area, about building a big real estate portfolio for basically the past decade. I think seeing them completely cut bait like this is telling. Prying shares of GOOG from my portfolio takes quite a bit, but since the beginning of the year, Ive cut my position about 50%, although I hope to eventually buy it all back and then some. But its important not to underestimate how much they can be a proxy for the overall economy.

You guys are really fucked in US if this is the typical attitude of a non Trump supporter. Start a civil war, already. Eh I dont think it really is. Theres some jurgoffs here and then, on both sides, the ones that always make the news rallying in Charlottesville or assaulting cops, but the majority I think have a common ground of discontent with establishment politicians, the same end goal/objective, but just different political leanings which in the current environment prove quite irritable to each other given the constant news flow and propaganda. Like a never ending mosquito bite.

I want honesty & not bullshit. Outside of blowing up the entire system, this is impossible. Every generation of politicians seems to have to play dirtier than the previous. Social media only upped the ante. No better way to destroy the importance of context and content than limiting blurbs to 160 word soundbites and 3 sentence gotcha zingers.

Once again, the loonie left is so wrapped up in their derangement, they miss a completely inarguable and blatantly legitimate criticism... Trump is now CRITICIZING Brian Kemp for opening too soon! A week after lambasting governors for not opening! Much more valid than all these... "hmmm if I take this out of context statement, and throw this! spin on it, it looks really bad!" rhetoric

Im just curious how those that claimed Trump fucked up big time and that the US was destined to be as bad or worse than Italy, now still sing that tune when the only state that looks like Italy, is....

I think one issue with BATRA is that in addition to owning a sports team, it is also a real estate developer. Is there any connection to minor league teams? There was a mention of the MLB axing multiple teams. https://www.baseballamerica.com/stories/sources-milb-ready-to-agree-to-significant-reduction-in-teams/ I wouldnt classify any of them as material. You're typically seeing these things go for between $5-$20M per.

everyone like dalal has been quoting a mortality rate of 3-4% for covid, Don't misquote me. dont have to dipstick. your hubristic pronouncements are all over this thread LOL quote him? He refuses to commit to anything. He's been caught lying and called out for retroactively editing the substance of his posts. He rushed to judgment based entirely off of emotions and politics inspired hatred as he misinterpreted Twitter quotes as facts and declared victory and rewrote narratives based on misinformation and preconceived biases, that manifested over a couple weeks. Now, as time has passed on real information, real facts have presented themselves, he stands alone and ashamed, hoping only to again revert to not owing anyone anything and disowning the narratives that he shouted from the rooftops but never actually committed to....

I dont own the Liberty Braves because by and large I am not really that hot on sports assets as investments through public vehicles. MSG is appealing because you own the absolute best ones, at a large discount, with a stealthily shareholder oriented operator whom most write off as the exact opposite. To me, baseball teams are also less desirable than basketball. Maybe similar to hockey, outside of course, the major market teams. Trophy assets, are hot most of the time. The trophy assets of the trophy assets, are hot ALL the time. Atlanta is a tier 2 market.

I find it amusing how everyone wrote off orthopa after a couple days worth of fear driven Twitter posts and bs models. Within a few weeks he was largely mocked. And now all the data is seemingly validating what he said. The notion that there were significantly more cases than testing implied, and that the rise of testing coincided with the rise is confirmed cases, was, or should I say, should have been common sense. Oh well

I mean, I have no position here. Have said if I had to take one, I'd short it, but also can see why people may be excited...What I dont get is the impulsive need to belittled people interested in an investment because "you" do not understand it or because it doesnt make sense to "you". If you feel that strongly why not take the other side of the trade? Its a case where it seems folks rather be right than make money, not different than whats gone on with Amazon or Tesla or many other names. Whether you like it or dont, its amusing when folks who were adamant bears at $30 still run their mouths and mock those who own it at $700 or $2000...

Well researched to whomever noted the options activity and bs-factor on the GILD study last week.

Its a case of modern value investor derangement syndrome. They missed the boat. Have had shitty returns, and can only bemoan and deride those whom are making money through snarky intellectual blabber or requoting old value investor adages... Its OK though. We shouldn't mind the people in the stands. Whether they cheer or boo, they pay a price.

Ugh, after listening to you fuckers and largely feeling similar although expressing it in a somewhat different way(SPG), I looked at my liquidity position in the good ole IBKR account and thought, it costs me 1% to carry VNO at this valuation? Lets take a trip down the yellow brick road...

that all sounds nice. but now rewrite what you wrote, but change SHOP to AMZN and pretend it's 1998. amazon used to trade at what? 40x sales in the 90s? That turned out ok. and back then it was "just a bookstore". it was ONLY collecting a small fee on each sale of...a book. how quaint! They used their customer base to expand into other businesses, something SHOP could potentially do. I'm not even advocating for SHOP, but your analysis is way too simplistic. Sadly, simplistic analyses are all I'm capable of. But just think of how fortunate we are to live in this time. While our predecessors had to settle for just one Amazon, and one Apple, we have dozens of each just waiting to be scooped up by those smart enough to have learnt from the earlier generation's mistakes of omission. I for one am holding out for the next Amazon that is selling for 100x sales. None of that half-baked 50x sales stuff. I mean it's just capital, and if you're not willing to risk it (or some fraction of it) hitting a grand slam, are you even really an investor? M. What would you call Venture Capitalists? Our Google's Moonshot division? I try to be open minded to different strategies and while generally its a value oriented approach, theres more than one way to skin a cat. What venture capitalist invests at a $75 billion valuation? I thought I'd been clear here I am not really talking about SHOP but rather the mentality of investing where you place small wagers with the expectation of letting it play its course; home run upside and wipe out downside... Okay, but this is a thread about SHOP, so I suppose I'm just trying to bring your theoretical back to the topic at hand. The topic had to do with why invest in SHOP? Which came back to, of course, snide "valuation" based remarks that fall into the same category of "why value investors miss great investments"(or buy them after all the gains have been made) to which I explained the logic behind investing in these types of companies, or avoided falling for the temptation to short. Thats all...

Shorted some OPK

that all sounds nice. but now rewrite what you wrote, but change SHOP to AMZN and pretend it's 1998. amazon used to trade at what? 40x sales in the 90s? That turned out ok. and back then it was "just a bookstore". it was ONLY collecting a small fee on each sale of...a book. how quaint! They used their customer base to expand into other businesses, something SHOP could potentially do. I'm not even advocating for SHOP, but your analysis is way too simplistic. Sadly, simplistic analyses are all I'm capable of. But just think of how fortunate we are to live in this time. While our predecessors had to settle for just one Amazon, and one Apple, we have dozens of each just waiting to be scooped up by those smart enough to have learnt from the earlier generation's mistakes of omission. I for one am holding out for the next Amazon that is selling for 100x sales. None of that half-baked 50x sales stuff. I mean it's just capital, and if you're not willing to risk it (or some fraction of it) hitting a grand slam, are you even really an investor? M. What would you call Venture Capitalists? Our Google's Moonshot division? I try to be open minded to different strategies and while generally its a value oriented approach, theres more than one way to skin a cat. What venture capitalist invests at a $75 billion valuation? I thought I'd been clear here I am not really talking about SHOP but rather the mentality of investing where you place small wagers with the expectation of letting it play its course; home run upside and wipe out downside...

that all sounds nice. but now rewrite what you wrote, but change SHOP to AMZN and pretend it's 1998. amazon used to trade at what? 40x sales in the 90s? That turned out ok. and back then it was "just a bookstore". it was ONLY collecting a small fee on each sale of...a book. how quaint! They used their customer base to expand into other businesses, something SHOP could potentially do. I'm not even advocating for SHOP, but your analysis is way too simplistic. Sadly, simplistic analyses are all I'm capable of. But just think of how fortunate we are to live in this time. While our predecessors had to settle for just one Amazon, and one Apple, we have dozens of each just waiting to be scooped up by those smart enough to have learnt from the earlier generation's mistakes of omission. I for one am holding out for the next Amazon that is selling for 100x sales. None of that half-baked 50x sales stuff. I mean it's just capital, and if you're not willing to risk it (or some fraction of it) hitting a grand slam, are you even really an investor? M. What would you call Venture Capitalists? Our Google's Moonshot division? I try to be open minded to different strategies and while generally its a value oriented approach, theres more than one way to skin a cat.

Yea my major point was that I try to learn from the past, both mistakes and successes; both my own and that of others. This company has a lot of the hallmarks of those home run types. Which is not to say it cant be a bust, because thats always a possibility. But the beauty of investing on the long side is that all you can lose is your investment. Thats quite powerful when it comes to taking risks with multi bagger potential. So while I may not go long, I know better than to be tempted to go short.

Somewhere in there, there's a joke about islands and moats