mgio 😼

Just trying to figure out which way the wind is blowing.

[mgio 😼 @mgio90]

@hegen84 @dampedspring I see this nonsense reaponse repeated ad infinitum...

Low Fwd PEs has been a sign of every major market top (and therefore bubble) in history.

Equities top when earnings estimates peak and fw PEs look cheap.

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee So you're a coward in addition to a dunce.

Figures

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee So you don't actually believe this statement then?

"Fascism, Nazism, & Socialism are the exact same thing from first-principles; all are forms of totalitarianism that reject individualism."

It was all a joke?

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee I guess by that websites own admission, it's all a joke. So laugh it up.

The serious people have work to do

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee No. And I'm not going to try and change your mind.

Posting trash like that shows just how far gone you are.

You're the plague rotting this country from the inside out.

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee The Nazi's followed fascist policies which are far right.

Socialism is far left.

This is poli sci 101 stuff

[mgio 😼 @mgio90]

@RonaldReich5 @BasedMikeLee North Korea's party government is called the "Democratic People's Republic of Korea"

Do you believe they're democratic just because it's in the name?

You're absurdly dumb. Embarrassing to America

[mgio 😼 @mgio90]

@MP3857371740618 @OddStats You're definitely one of those insufferable broccoli haired zoomers.

The worst generation by far

[mgio 😼 @mgio90]

@xydotdot "BTC was always about wealth creation via degen speculation. Now that the stock market is AI fueled degen speculation, BTC has no purpose"

Wildly honest at least...

Creating wealth is hard. Maybe you should stop trying to find shortcuts

[Lee Roach @leevalueroach]

If you have under $10 million and you are buying Apple, you have voluntarily entered the one fight in all of public markets where you have no edge, no advantage, and no reason to exist.

There are 40 PhDs, three sell-side teams, and a sovereign wealth fund modeling Apple’s next quarter to the penny, and you, with your brokerage app and your podcast opinions, have decided to join that table. You will not find a mispricing in Apple. The mispricing in Apple was arbitraged away before you finished reading the headline.

Meanwhile there is a $90 million industrial parts distributor in Wisconsin that no analyst covers, no fund can buy because the position would take six weeks to build, and no institution will touch because it would not move the needle on a billion-dollar book. That is your table. That is the only table where being small is an asset instead of a punchline. Your size, the thing that feels like a limitation, is the single greatest structural edge available to a human being in public equities, and you are spending it on the most picked-over stock on Earth.

The big funds cannot follow you down here. That is the entire point. Go where they physically cannot fit.

[mgio 😼 @mgio90]

@NickNemo17 @ProsusForAll @HML_Compounder Thank you for re-posting the thing that proves what I said. You don't understand how expense ratios work wrt to short divvies.

You can find another extraneous hill to die on now

[mgio 😼 @mgio90]

@NickNemo17 @ProsusForAll @HML_Compounder I have no idea if Orr is intellectually honest. I know absolutely nothing about them.

It's also totally irrelevant to the point we're making.

The point: you don't understand how expense ratios work with short div expense.

Crazy how deep you dug this hole. Zero respect left.

[mgio 😼 @mgio90]

@NickNemo17 @ProsusForAll @HML_Compounder Literally not one responder here has defended Orr.

Not one of us, even for a moment.

Yet you keep repeating that, over and over. It's pretty clear you don't have slightest understanding of what we're arguing, despite repeated attempts at making it crystal clear.

[mgio 😼 @mgio90]

@NickNemo17 @HML_Compounder That's not the point that either one of is arguing.

We have issue with you quoting the 10.91% expense ratio as if that's the true economic cost of the strategy.

[mgio 😼 @mgio90]

@NickNemo17 @HML_Compounder I don't know who either of you are.

But I know for a fact @NickNemo17 is wrong on this specific point. Totally wrong.

Being wrong doesn't make you a fool but digging your heels in certainly does...

[mgio 😼 @mgio90]

@jason_howerton @brjimc As opposed to the demonic false religion of Christianity?

It's all nonsense brother. All of it.

Religion is nothing more than self delusion to help cope with the harshness of reality.

[mgio 😼 @mgio90]

@mypropjournal @BickerinBrattle Cool, then not holding the bag. But still bad at math on convex payouts.

[mgio 😼 @mgio90]

@mypropjournal @BickerinBrattle Lol, you are definitely the guy who's going to be left holding the bag

Get em @BickerinBrattle

[mgio 😼 @mgio90]

@AuclairsDad His answer was basically: "it's all hypothetical at this point. We dont know if we'll have a function quantum computer in the next 30 years. If we do, we don't know if it'll break encryption. And post-quantum encryption is already an area of research."

Thought that was weak

[mgio 😼 @mgio90]

@AuclairsDad I met Michael Saylor today. Some good questions came up about the threat to crypto from quantum. He was aggressively dismissive. Super vague, non-substantive answers.

I went in with a genuinely open mind and walked out even more convinced that whole thing ends really poorly