Deep Fried Capital

[Deep Fried Capital @deepfriedWA]

15%
$dpm.to - $45.53
$spd.ax - $2.22
$nom.v - $1.06

10%
$ss1.ax - $1.85
$eee.l - £0.45
$Gmg.v - $2.48

5%
$nine.v - $0.185
$avmo.ax - $ 0.09
$mmlo.ax - $0.011
$aya.to - $21.38
$wwi.ax - $0.92

More beta. Still some yolo in there. Heavily silver. Ti stocks both bottom-up.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY I like what they've done to housing. (Well, the new tax treatment, anyhow.) It does greatly favour the old over the young, but I don't know how else you you can make a change. Equalizing it all at a very high rate will be a debacle though.

Greatly advantages foreign ownership

[Deep Fried Capital @deepfriedWA]

@azide_enjoyer @EthanLevins2 There'd be bigger trouble than that!

[Deep Fried Capital @deepfriedWA]

@Ryanmatta @EthanLevins2 Oh that's right, and the world is flat also.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY All government machanisms are distortion. These new settings greatly disincentivise the financing of mineral exploration. Very bad news for a mining country.

[Deep Fried Capital @deepfriedWA]

@ARatOfRat @Geiger_Capital Israel has no hope of "finishing off" Iran, short of using nukes.

[Deep Fried Capital @deepfriedWA]

@DaniREscudero @Geiger_Capital @Selkis_2028 True. Was still lured.

[Deep Fried Capital @deepfriedWA]

@aeberman12 @SantiagoAuFund @TheMichaelEvery I feel like "trust the plan" has had a funding boost! But then, I'm just listening to my imagination, same as these guys are.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY Well that's not what capital allocators are planning.

[Deep Fried Capital @deepfriedWA]

@jummg43189371 @MarioNawfal Because the theory itself is insane.

[Deep Fried Capital @deepfriedWA]

@BruceBeck238319 @effinalavina @MarioNawfal Change the topic is all you got.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY Lol, It's a spectrum. To me it goes gambling>speculating>investing>savings. Speculation serves a very important economic purpose-succesful speculation (very hard to do) is what funds mineral exploration and r&d.

Australia is wealthy mostly due to successful mineral exploration.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY It's been my side hustle for nearly 30 years, I might understand the details you're light on.

The incentives are so perverse that I'll be buying speckies in my smsf, but fully franked granny stocks with my savings. No speckies on the asx though...those will all wither now.

[Deep Fried Capital @deepfriedWA]

@TRothell62855 @ComicDaveSmith That's really just the side hustle.

[Deep Fried Capital @deepfriedWA]

@UnearthedHQ Bullllllshiiiiit

[Deep Fried Capital @deepfriedWA]

@WeTheBrandon Well Larry Johnson had to be very cryptic in describing what it was, so we're left paying attention to our imaginations.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY So platitudes, not policy details then.

[Deep Fried Capital @deepfriedWA]

@jhattaro @matt_barrie Such in-depth analysis! Are you from Treasury?

Gold mining directly supports 22,000 jobs, and 60,000 indirectly. Many billions are paid in taxes, royalties and income taxes.

None of that happens if explorers don't find the stuff in the first place.

[Deep Fried Capital @deepfriedWA]

@DrDunnyKruger @GrahamY That's why it is bad for Oz, increased foreign ownership - but not the main reason why it's bad for individuals. The different treatment of losses - nominal vs real prices used - means the effective rate on taxing winners goes even higher. Speculations become not worth it.

[Deep Fried Capital @deepfriedWA]

@SwipeWright I thought that "I'm exhausted" was a lefty-woman ploy.

[Deep Fried Capital @deepfriedWA]

@JELMECH @PaulBongiorno @QuentinDempster Which facts changed since the election to necessitate these changes?