There are a lot of sleazy doctors but it’s because of business models being introduced by Wall Street so it goes hand in hand. The radiologist who skims through studies because he gets paid per read is a result of companies like Experity who are PE owned, same with the dentists upselling you on Invisalign.
@amitisinvesting What about the apps that are crushing pricing power which aggregate all ride share app prices to give the rider the cheapest option? Been seeing these pop up lately & its my main concern
1. Target loses in a world where consumers choose the cheapest option (Walmart) or luxury — the middle ground consumer is being wiped out
2. Everyone shoplifts from this store & its reflected in earnings
3. Dividend does not increase proportionally with share price
Whole lot of arrogance from this dude for such newbie investing takes
Good stuff, I like following your guys’ notes & usually when I start freaking out it marks an interim bottom (lol). Warsh interest rates + Iran + midterms are a tough lack of visibility & when I look at what happened to situational awareness it makes me thankful you guys take the more diversified approach with macro factored in (part of why I think you guys do well with ETF picking vs stocks). I really started learning about key investing concepts from watching some of your keynotes & I’m thankful for that — and something I’m working on is preventing my overthinking in the short term here.
P.S for the IWM exposure I’ve been reading about how small cap value almost always outperforms growth because of things like biotechs having negative expected value & Goldman has some interesting notes about this sector too, you guys might find some real gems in the $AVUV holdings