Liberty

New Bezos shareholder letter (his last, presumably): https://s2.q4cdn.com/299287126/files/doc_financials/2021/ar/Amazon-2020-Shareholder-Letter-and-1997-Shareholder-Letter.pdf

Well, that was quick: https://www.prnewswire.com/news-releases/microsoft-accelerates-industry-cloud-strategy-for-healthcare-with-the-acquisition-of-nuance-301266684.html

A couple intel videos about CPU architecture generally. Haven't had time to watch it all, but seems good:

https://mybroadband.co.za/news/business/392877-adaptit-ceo-sbu-shabalala-opens-up-about-new-offer-to-buy-the-company.html

I saw some people discussing this particular area of Alabama, and apparently it's quite poor and working for Amazon there puts you solidly in the middle class. But I don't know that much about it, just reporting what I saw.

Union vote in Alabama: https://www.cnbc.com/2021/04/09/amazon-union-vote-live-updates-as-counting-resumes-in-alabama.html

I'll take it. To me it's a discussion of ideas, not people. I didn't attack SD, I challenged his claims and insinuations that this was somehow a successful investment and was turning out well, because reading this thread, what I've seen over and over again is people say "ok, the past doesn't count anymore, starting now it's going to do great" and then it falls another 50% and they go again "ok, but now they really cleaned up, things have changed, so the past doesn't matter" and it tanks some more.. And at some point you really do hit bottom and it goes back up, but you can't just count that last part. Your money doesn't have a memory, it doesn't care about arbitrary "restarts". Either you make money or you lose money, and I just find it hard to believe that people who have been posting in this thread for years about how they own this company and are buying more actually made money. You see this phenomenon with gamblers a lot, they talk about all the hands they win but not the ones they lost, and never disclose their total returns (or if they do, you probably should take it with a huge grain of salt). That's all I tried to convey. I'd have the same skepticism if someone had been posting for years in the SHLD thread and at the end was celebrating. Same with the Altius thread. When people have been saying for a decade that it's creating a ton of value and compounding really fast and it's super cheap and it's a coiled spring about to explode any day now, but nothing happens, at some point maybe someone needs to ask if maybe the thesis was wrong and either it wasn't as cheap as claimed, or value isn't being created as fast as claimed, or the goalposts keep getting moved, or something else. I get that people who are bullish on something will often see anything negative (or even neutral) as an attack on them, but it's certainly not my goal. I don't know you guys & gals, maybe you're great people, maybe not; all I can see is the ideas written about here, so it's what I discuss. Anyway, have a good weekend, this was enough.

Dude, you're projecting. Maybe that's how you think, but it's not how I think. And yes, it's all about credibility, I agree. My whole point is about credibility. Credibility is especially important in the Penn West thread, go read it from the start, I did. Besides, are you stalking me or something? I've barely mention my little project on this forum -- it's mostly dad jokes and random thoughts anyway, not some kind of typical subscription financial newsletter (and it's 100% free too, btw, I've only opened up a tip jar in the last month but it has no paywall). Anyway, thanks for mentioning it and giving it attention ¯\_(ツ)_/¯ Multi-baggers don't really matter in the end, all that matters is someone's whole portfolio CAGR over time. Some people have lots of churn so they don't get to multi-baggers, but they can still do just as well. Others tend to own things for a very long time and get more multibaggers. The context was that it's hard to make money on a stock down 95%+ over a few years, and then someone accused me of having started threads about things that went down and then multi-baggers were mentioned. But I'm not particularly aiming for them or anything, I just tend to hold things a fairly long time (let's see, right now I have 11 stocks that are at least up 100% in my portfolio, out of 21 positions (though the top 3 are about 50% of the capital, so it's not even weight). Based on what I post most about, you can know a lot of what I own. Here's 8 multi-baggers I own, for example: AMZN, V, SPGI, ROP, HEI, CSU, CHTR, MSFT). I'm not in the business of recommending stocks, if you haven't noticed, so your little bit of reverse psychology is pointless. You're the one trying to make this a pissing contest (and trying to make up standards that I'm not really seeing you adhere to anyway -- where do you forecasts your future multi-baggers?). I never ask anyone else about their returns or to make predictions or whatever. I just expressed skepticism at claims that someone traded this specific stock so well that they made a bunch of money, and you're pretending to be offended at that because you'll take up any excuse to try to argue with me and generally be unpleasant. Disclosing "good ones" is basically after the stock goes up, "ooh, good thing we bought more!". Then it goes down again and we don't hear too much, and then it goes up a bit and we hear again. That's what I meant.

Heard good things about this one. Haven't read it yet, but it's a really interesting industry at an interesting era, and I've heard some podcasts about Atari that were really interesting, so it's promising: https://www.amazon.ca/Once-Upon-Atari-history-industry/dp/0986218669/

Oh no, not sarcasm! What have these threads to do with anything? I've been in the Tesla one a little, and there's plenty of diverging opinions there, but don't know about the others because I'm not really interested. Do I even have to explain that posting news about companies isn't discussing them, but that it's possible to do both; that often discussion starts around news, or that threads being bumped up helps them be revived rather than have them sink 15 pages deep, and that I can discuss whatever I want, not just what you'd like me to, and I don't have to be in every thread just because I'm in some threads? Do you think you own me or something? Do I need your permission? Not cool, man. Seems obvious, but guess it has to be said for you. And yes, I don't post my buy/sell decisions. Why does that matter to you? Do I owe you a view into my portfolio? I mostly don't do it to reduce consistency bias and because once you start, you have to post all of them otherwise it looks like you're being selective and only disclosing your good ones, and I don't want to be on that treadmill of having to remember to post everywhere every time and then have people ask me to justify every decision. Just don't see the upside to that, personally. Anyway, your accusatory list is really hollow, have a good rest of the week.

h/t @Pearnick

I didn't go after anyone. I just call some people on their claims when I think that they are wrong, or when facts show that they were wrong. I know you prefer one-sided love fests with no pushback, but I happen to like discussing things. I did nothing wrong in the Altius thread, except challenge someone's claims. You can attempt to rewrite history however you want if it makes you feel better, but I'm not buying what you're selling.

h/t @pearnick

Volaris bidding on a company in South Africa: https://www.moneyweb.co.za/mny_sens/adapt-it-holdings-limited-joint-announcement-of-the-firm-intention-of-volaris-to-make-an-offer-to-acquire-control-of-adapt-it/ h/t @Pearnick

via @latecycle_nick

Looks like it works now. I see an "edit" feature if I hit the three dots on the right. Thanks!

It's a weird metric anyway. The issue isn't "starting threads", it's riding stocks down over years while claiming all along that "now it's about to be different" over and over again, and to claim that through amazing trading you actually made money on it. If I had been posting in the CLF thread for 10 years trying to convince people that it was a buy all along, that'd be a different situation. You know what they call a stock down 90%? A stock that was down 80%, and then that fell another 50%... I mean, against this kind of headwind, unless you are short, you aren't making money.

I came here to ask the same question. As a typo-master, I need an edit feature.

We can't all provide as much value as you do, Greg... You'll notice that posting news items in threads is a good way to revive discussion in them and provides value for those who may have missed these things because various people have various amounts of time to invest in following companies. Plenty of dead threads have been kept alive that way.

Yeah, I never owned CLF, and it was quite a waste of time to ever look at it. If you look at the dates, you'll notice that this was A DECADE AGO and that I've kind of evolved as an investor since. I've made plenty of mistakes, many documented here. The point is not to never make mistakes, or pretend that you don't. It's to recognize when you do, to learn from them, as well as other people's mistakes, and to try to stop making them.

https://www.cnbc.com/2021/03/31/microsoft-wins-contract-to-make-modified-hololens-for-us-army.html "Microsoft wins U.S. Army contract for augmented-reality headsets, worth up to $21.9 billion over 10 years"

No worries, I won't try to clone you.

There's an existing Netflix thread here: https://thecobf.com/forum/topic/5334-nflx-netflix/

Looks like the AGM will be virtual this year too, on May 6th at 8 AM: https://www.globenewswire.com/news-release/2021/03/29/2201158/0/en/Constellation-Software-Inc-Announces-Annual-General-Meeting.html

h/t Pearnick