/biz/ - Business & Finance

>>57293495
welcome. enjoy it.

good morning
based on public information i have reviewed over the week, advanced EVFS likely would have prevented the japan airlines crash
aersale just got theirs STC'd, it is the best on the market, and they will be closing a large sale of these units to a major US airline sometime this year
japan are perfectionists, and while they might make apology for the ATC staff who "allowed" the accident, it will be considered extenuating circumstances due to the earthquake/tsunami and the JGC will take zero blame. they will settle for a technological improvement that prevents accidents like this in the future.
aersale's EVFS is a likely candidate, they are already experts at 737 and 747 M/R operations and they already have business history with japan airlines.
the thesis for their equity is now better than it already was and i have already increased my position

>>57117318
in roughly this order
i check their income statement, balance sheet and cash flows myself and with fundamentals analysis tools like finviz and valueinvesting.io
i dig up everything written about them in news archives, on youtube, on twitter -- also looking for recordings of "investor day" presentations
i read through their whole IR website to collect more searchable info
i google their execs and board members by name, including words like "lawsuit" and "alleged" in multiple searches each
i listen to 1 or 2 years worth of earnings calls and read the presentations slides for earnings plus any events
i look at a 10-year graph of the stock price and the dividend history while reading analyst opinions on VIC and SA (analyst opinions are mostly worthless apart from whether the company executes on what they learn from that company's PR department)
i look up the products if i don't know enough about them (like with uranium, i studied the entire supply cycle before ever considering a single miner)
and
i re-read charlie munger's checklist to see if i missed anything.

>>56470197
pure cope

>>51159532
nah, i am nobody with a youtube channel or anything like that. i prefer to just be "that retard who posts shit with a funny picture of a bee every time."
i think i do as much research as they do, maybe more. i just love reading reports and shit. i read for probably three to six hours every day for months on end, then take a break for a season, and so on.

>>51018220
well i have 300k and i bought occidental petroleum for $10
https://www.worldoil.com/news/2022/8/19/berkshire-hathaway-approved-to-buy-up-to-half-of-occidental-petroleum/
and now i'm buying uranium miners
if warren takes OXY private i'll roll the payout into BRK.B

>>50972040
>>50972143
my secret is that i'm never "in the markets" and i hate the very fucking idea implied by those words. my emotions are turned inward on myself, as best i can, and not projected onto money or assets. you cannot get burned out when all you ever enjoy is funny jokes and you refuse to enjoy making money, or being right, or placing bets, etc.
i don't give a fuck where the world is going or where the economy is going and i myopically focus on specific business operations and whether i would have liked to be the VC that got there first, myself. i don't buy anything i wouldn't want the entire business of and i don't ever fully trust managements that won't do that either.

>>50406781
2/2 we already had one GFC and the credit rating the US was called into question (which drives foreigners to dump treasuries and hold gold instead). i think this time is quite different. for one, the fiscal crisis is worse. the US debt profile is more short-term than it has ever been. when short term rates blow up, the interest payment is GIGANTIC. like "start a war to distract the public" gigantic. two, however, the damage done to emerging markets by non-US powers recently is... well, not new, but categorically different from the GFC. when china goes to dump treasuries, i think they'll find a dozen african shitholes willing to buy those. and that's the same old shit, that's not catastrophic flooding of the US with its own paper. so that doesn't happen just yet.
so this is the actual point where bottom levels are, even though some companies will have turned around. it takes a long time for capitulation to set in. if you're looking for it on the time scale of crypto-like moves, you won't find it. you'll head-fake yourself. you're in the minority, the young speculators, who don't know yet just how slow people with a couple million turn their portfolio over, how long they wait before giving in. it happened to me, no big deal, part of learning.
the bottom levels really hit when it looks like small and mid caps have turned around, they have one good year with great margins, great owner's earnings, and the market punished them all year anyway. they'll be on sale and the vast majority of people won't buy. this is the "2003" moment. when you can finally pull up P/E's of 2 or 3 on your stock screener, and not be looking at scam artists, pending criminal charges, recent writeoffs, or any of that, but instead be looking at good businesses.
see you then.

>>50026775
>>50026785
>>50026835
sorry sold my fagcoins in 2017 and left crypto lmao
you project all you want though
>>50026911
definitely a grifter, i can spot 'em a mile away

>>49820758
it's not mental illness, it's actually healthy. it can devolve into illness if they don't make it all the way through the stages of grief, but wild ideas like OP pic are exactly the kind of coping mechanism you'd expect, in either case. time will tell.
don't worry bee happy

>>49796698
you're gonna have a rough month, we're here for you