PureUtility

Locked = Twitter break

[PureUtility @UtilityPure]

FUD is a term reserved for bullish sectors. You don’t see the term applied to $CHTR when it’s selling for a couple of times cash flow. It isn’t applied SaaS companies as a bullish case even as the numbers get better. For those sectors, it’s reality.

[PureUtility @UtilityPure]

@nastynestor4lf @InvestorVideos In some of Buffett’s older writings, he states that he’d be willing to sell goods to companies in exchange for options/warrants instead of cash for many companies. It would make the cash flow statement look good while shareholders would be worse off. Same as it ever was.

[PureUtility @UtilityPure]

This is why I’ve been staying out of oil.

No deal = oil grinds higher
Deal = oil lower

The trade isn’t heavily tilted in favor of one direction. There are better trades.

[The Spectator Index @spectatorindex]

BREAKING: Trump says 'I may have to finish the job with Iran, or we make a deal'.

[PureUtility @UtilityPure]

@jeremie0117 Depending on how you define AI, $META is probably the best full port pick. If AI works out, you’ll do well. If AI doesn’t work out, you’ll still do ok.

Heads I win, tails I don't lose much.

$NVDA has many ways to lose. Too risky for full port.

[PureUtility @UtilityPure]

@taobanker Nah, this is like when attractive people say that people hate them only because they’re attractive. A lot of attractive people are liked, but some are not. It’s rarely the success or looks that makes someone polarizing. It’s usually something else. Buffett is successful and liked

[PureUtility @UtilityPure]

One of the more perplexing takes from tech people was that you’d be able to use AI to recreate any software. No one should have thought that taking on the largest software companies in the world was going to be cheap and easy.

[Md Ismail Šojal 🕷️ @0x0SojalSec]

Claude can no longer “Reverse Engineer Anything.”
Anthropic just quietly killed REA.

But Interesting timing.

After a few viral cases of people using Claude to reverse-engineer Samsung TV firmware and identify data-collection services, Anthropic appears to have restricted those reverse-engineering abilities.

[PureUtility @UtilityPure]

I picked up a position in $PDD. The stock is cheap. People seem to be very bearish on China. Those are good signs. Valuation trades haven’t historically been a strong performer for me, however. So…

[PureUtility @UtilityPure]

The people pointing out the impossible physics of satellite cellular weren’t thinking outside the box. I remember people arguing that the $SPCX entry was potentially bullish for the legacy cell phone providers. Sector sentiment will probably be negative for quite some time.

[Consensus Media @ConsensusGurus]

*SPACEX IS IN TALKS TO ACCESS 80,000 CELL SITES FOR NEW NETWORK

Uh oh T VZ

[PureUtility @UtilityPure]

It was a very good day in the market for me since my only current holding is $INTU. I have no illusions about the market’s ability to take my gains away, but I’m still posting a gratuitous hulk gif. 🙂

[PureUtility @UtilityPure]

@1CoastalJournal He’s sending a message that if he’s prosecuted, he won’t go down without a fight. That isn’t panic. I would bet on him coming out stronger than before due to these actions. People thought they were going to break him when he bought X. He only strengthened his position.

[PureUtility @UtilityPure]

$INTU is an interesting case. Clearly AI is getting better at coding and whatnot, but you’re not really paying for just software with a product like QuickBooks. You’re also paying for assurance. Most of the people that are acting like QuickBooks is dead probably haven’t been through an audit.

You pay a lot for even staff auditors. They’re often $200 or more per hour. Managers and partners cost a lot more. During the audit they’re going to have to run checks and learn new software. I mean, they’ll check everything. Do journals post twice? Are users restricted to only the security they should have? Is the general ledger updating properly from the subsidiary ledger?

They need assurance that the software is reliable enough for them to release an unmodified/unqualified opinion. All of these tests occur after is after they learn your software. Some of this testing can be reduced if you are using major software products. Any reduction in testing will potentially save thousands or even tens of thousands on even relatively small audits.

Let’s say that the auditors do find an issue with your vibe-coded software. Prepare to pay a lot to get an opinion because they’re going to have to do extensive testing. You might not even get an opinion if things are bad enough. The auditor may even withdraw from the engagement causing you to have to start all over.

Also, anyone that you hire has to learn your custom software. Training costs money and time. Isn’t it possible that it’s easier and cheaper to hire people with QuickBooks experience?

You’re also going to have to maintain that software and fix bugs. I don’t care how good AI gets, bugs will exist in any software. I mean, I’ve seen bugs in ERP systems and they put billions toward R&D.

As you add up the costs, will vibe coding your own software be the edge you thought it would be? Probably not. The costs will just pop up elsewhere. It’s not pure cost savings as many people seem to believe.

[PureUtility @UtilityPure]

@YieldStacker Yup, I tend to trade small positions a lot. I have 85% of my money in $INTU. That’s the only position that matters. The cost basis is under $300. Last year, I put 90% of my money into $BTI. The year before I did it with $PM. Everyone should ignore my small trades. They’re probes.

[PureUtility @UtilityPure]

@YieldStacker Yup, I tend to trade small positions a lot. I have 85% of my money in $INTU. That’s the only position that matters. The cost basis is under $300. Last year, I put 90% of my money into $BTI. The year before I did it with $PM. Everyone should ignore my small trades. They’re probes.

[PureUtility @UtilityPure]

After thinking about it, I decided to cut my $NVO position at break even. All the trades that I make the most money on are trades that can’t lose. I can see ways of losing with $NVO.

[PureUtility @UtilityPure]

Unbelievably good day in the market considering my massive position in $INTU was up over 6%.

I cut $TAP for an 8% gain and replaced it with $NVO. I have more certainty on $NVO than $TAP about the future.

[PureUtility @UtilityPure]

Unbelievably good day in the market considering my massive position in $INTU was up over 6%.

I cut $TAP for an 8% gain and replaced it with $NVO. I have more certainty on $NVO than $TAP about the future.

[PureUtility @UtilityPure]

@lonemoneyshark @HeroDividend Right. Also, how many stocks go from $10 to $40 in a few weeks? If only it were that easy.

[PureUtility @UtilityPure]

@sc_cath Sometimes edge cases should be ignored. Any cap on IRA assets would surely be lowered or not reset for inflation the next time the government needs more money. Eventually, the amount allowed would be trivial. The $3,000 investment loss limitation is an example of this process.

[PureUtility @UtilityPure]

@commonsenseplay That chart is scary. The call option buying has exploded over the last few years while the price of bonds has collapsed. It almost feels like an inverse signal.