ValueArb
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Research workflow - OneNote, Notion, Obsidian, etc.
ValueArb replied to johnnywat14's topic in General Discussion
Thanks IceCreamMan! those are good tips, especially the Text Box. I know enough Excel that I don't know why I didn't think of it myself but am grateful you did. -
Research workflow - OneNote, Notion, Obsidian, etc.
ValueArb replied to johnnywat14's topic in General Discussion
Thanks for the draftable tip! I really want to use Google sheets for all the reasons you've given, but Excel is just so far superior in all the little things like data formatting and entry that I gave up on Google and paid for Excel. Right now I have three excel files, "2021 A-L", "2021 M-Z", & "Dashboard Summary". First two files every idea gets it's own tab by ticker symbol, Dashboard Summary keeps a list of my currently active positions with estimated returns at current price. I'd kill for a way to store individual spreadsheets along with free form notes, right now I keep one column super wide and paste in key notes and quotes from thier SEC filings in their tab, which leads to some awkward formatting when I also paste along side the notes financials and create FCF and tangible equity estimates. -
This may not be a strategy question per se, as much as a dumb question on something I've never understood. What is the point of stock dividends? It seems to me that if I own 1,000 shares of a million share company and it issues a 10% stock dividend, it becomes a 1.1M share company, I have have 1,100 shares now but the exact same 0.1% ownership stake. What are the shareholder benefits of a stock dividend? Do they ever offer any trading/arbitrage opportunities, and if so how would they work?
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There was a mask shortage a year ago. Fauci and others said the masks should be reserved for medical personnel, because if lots of doctors and nurses got sick, it would make treating people that much harder. It’s seriously not that hard to understand what happened if you aren’t trying to play the gotcha game. "Fauci and others said the masks should be reserved for medical personnel, because if lots of doctors and nurses got sick, it would make treating people that much harder." - That is only part of what Fauci and others said. The surgeon general said - "STOP BUYING MASKS" .. "They are NOT effective in preventing the general public from catching #Coronavirus ..." Fauci said in March 2020 - "There’s no reason to be walking around with a mask. When you’re in the middle of an outbreak, wearing a mask might make people feel a little bit better and it might even block a droplet, but it’s not providing the perfect protection that people think that it is. And, often, there are unintended consequences — people keep fiddling with the mask and they keep touching their face." Fauci and the surgeon general's comments went well beyond simply stating that masks should be reserved for medical personnel. They definitely changed their public statements on masks. Maybe they changed their minds. Maybe something else. Regardless, it is not a gotcha to point out that their public statements on masks changed. That's what happened. https://www.reuters.com/article/uk-factcheck-fauci-outdated-video-masks/fact-checkoutdated-video-of-fauci-saying-theres-no-reason-to-be-walking-around-with-a-mask-idUSKBN26T2TR In the clip, Dr Fauci says “There’s no reason to be walking around with a mask. When you’re in the middle of an outbreak, wearing a mask might make people feel a little bit better and it might even block a droplet, but it’s not providing the perfect protection that people think that it is. And, often, there are unintended consequences — people keep fiddling with the mask and they keep touching their face.” "Fauci made this comment on an interview with 60 Minutes on March 8, during the early stages of the novel coronavirus outbreak in the United States ... The interview predates the CDC’s updated guidance on the use of face coverings. " ... "As Fauci told the Washington Post here , at the beginning of the COVID-19 pandemic, masks were not recommended for the general public, as authorities were trying to prevent a mask shortage for health workers and the extent of asymptomatic spread was unknown."
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And as if that was signaling a top, BTC crashes.
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There was a mask shortage a year ago. Fauci and others said the masks should be reserved for medical personnel, because if lots of doctors and nurses got sick, it would make treating people that much harder. It’s seriously not that hard to understand what happened if you aren’t trying to play the gotcha game.
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SPACs as Cash Alternative with Upside Optionality
ValueArb replied to shamelesscloner's topic in Strategies
The main ones I'm tracking are starting to trade at a discount. -
Why get inoculated for polio or hepatitis? Because the cost/benefit ratio is extraordinary.
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Got my first shot, but man the process was awful. My county had basically Walgreens or Fry's locations, Walgreens never had appointments. Trying to get an appointment through Fry's was worse. You'd go through a questionnaire, then it would let you pick an appointment for your first shot, but before you could confirm it, would require you to pick an appointment for your second shot. Problem was, there were no appointments for second shots. So I'd get stuck without the abilty to confirm my reservation. This went on for days before I hit on the idea of saying I already had my first shot, and voila, the system let me confirm an appointment for my "second" shot. I arrived 5 minutes early only to find a long line for vaccinations the store.This normally wouldn't be a problem except I'm recovering from ankle surgery and neglected to bring an ankle brace given I thought I had an appointment. So after 50 minutes of painful standing, I was able to get my shot. So now I need to schedule my second but site doesn't let you schedule more than 5 days in advance, and Arizona just opened up vaccinations to everyone ages 16+ starting tomorrow, so worried that I won't be able to get an appointment when I need one.
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IBKR's service is getting worse over the years. The trading restriction for OTC stocks because they think you are an affiliated shareholder is getting ridiculous: first they flag you as an affiliated and restricted the trading; then only the compliance personnel can remove the restriction (not the service guy you get on the phone); and when you submit a ticket you are ignored; at last when the restriction is removed, it's only for two weeks and you need to repeat the steps again! LOL, this just happened to me on a position at the exact time I realized I had mistakenly overvalued it. So I was desperate to sell while the market was hot and there were lots of buy orders so I did not get stuck with the position but it took so long to get trading approval that I'm not liquidating at a loss. But I've found that if you have a master account and call their special line you get far better service.
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Ticker Symbol is RYSAS. Down 10% today. If the situation in Turkey continues and Pabrai doesn´t sell, I will start a position. My strategy is to clone Pabrai here because there are no annual reports or financial statements in English, is all in Turkish Language Is this the one that shipped painted rocks instead of copper to Asia last month?
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This sounds compelling, but I still got on my 15 year old mountain bike that costs me $50 a year to maintain and rode outside yesterday. Plenty of paths around here, don't have to cross so much traffic. But when it starts getting hot...
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SPACs as Cash Alternative with Upside Optionality
ValueArb replied to shamelesscloner's topic in Strategies
I'm going to do one on Monday. I'll try to call the transfer agent first and see if they'll do it, then I'll use IB and let you know what they charged me. -
Thanks, thought I tried that but evidently I did not. FVIV should return FVIV U as a option but doesn't, and apparently I didn't think to type it in directly.
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SPACs as Cash Alternative with Upside Optionality
ValueArb replied to shamelesscloner's topic in Strategies
Does your broker charge you for other corporate actions? They should not be charging you for this, it is just the click of a button. They don't typically. But I guess they wanted to get in on the SPAC gold rush too...