vanillager

analyst

[vanillager @vanillager]

I think the market isn’t going to crash until we all stop paying attention to it. Everyone log off and go on a long walk or watch a movie or something tomorrow, OK?

[vanillager @vanillager]

@ClarkSquareCap Cash from financing activities?

[vanillager @vanillager]

Crude oil to zero.

[*Walter Bloomberg @DeItaone]

Trump: Could have the blockade of Iran lifted by Labor Day

[vanillager @vanillager]

@calvinfroedge They make it in Italy, and this makes it my top supply-chain-related concern. I keep 30 bottles in the house at all times to hedge.

[vanillager @vanillager]

I reentered the crude oil trade with all available margin for about an hour, and earned a bit more than 1% for my trouble. Not bad! Oil has already retraced most of its gains, of course, because nothing actually matters.

[vanillager @vanillager]

Iranian government account says that the ceasefire is over. Seems important?

[هنر جنگ @dolfiniran]

۰۱:۴۵/ ۱۳ خرداد
کویت هدف حمله موشکی بی سابقه قرار گرفته است. پس از عملیات امریکا علیه فرودگاه قشم، علاوه بر کویت برخی اهداف متعلق به امریکا در مناطق مجاور، و در دریا نیز هدف گرفته شده است. از حیث عملیاتی آتش بس پایان یافته است.

[vanillager @vanillager]

@calvinfroedge https://t.co/By3VWocFb3

[vanillager @vanillager]

Iranian government account says that the ceasefire is over. Seems important?

[vanillager @vanillager]

@calvinfroedge They explicitly said the ceasefire is over!

[vanillager @vanillager]

@GavMcCracken There are verified attacks, the “ceasefire is over” post has been up for 30 minutes now, and $BNO is unchanged at $53. Am I missing something? This seems like a big deal?

[vanillager @vanillager]

@HFI_Research https://t.co/By3VWocFb3

[vanillager @vanillager]

Iranian government account says that the ceasefire is over. Seems important?

[vanillager @vanillager]

@CaptCorsario Congrats!

[vanillager @vanillager]

@jimbojojo3 @shagbark_hick Yes. They live in well-built houses in nice little towns not much more than an hour’s drive from these ruins.

[vanillager @vanillager]

Opened down another 3% today!

[vanillager @vanillager]

Down 5% today to a fresh 52-week low. Truly remarkable considering what it is. $9435 is already my second-largest long-term holding, but I can imagine doubling the position if it continues on this trajectory. Only after the crisis, of course.

[vanillager @vanillager]

Rebought some $9435 Hikari Tsushin ahead of earnings at a 52-week low, 10% lower than where I harvested losses in March. I don't plan on rebuying the rest until the energy crisis is closer to resolution.

[vanillager @vanillager]

@SFarringtonBKC @JohnDoeKnowsGuy When you think your stock is overvalued, you sell stock.

[vanillager @vanillager]

@ryxcommar 0.45% expense ratio is rough.

[هنر جنگ @dolfiniran]

۲۱:۳۲/ ۱۱ خرداد
تصمیم اتخاذ شده است. به محض شلیک به ضاحیه جنگ چند جبهه ای علیه رژیم اسراییل آغاز خواهد شد.

[vanillager @vanillager]

I think of it more like a leveraged index fund with a valuation hurdle. I can't replicate the quality of the valuation assessment, the diversification, the liquidity, or the leverage without incurring massive additional costs. The positive influence that they have on the behavior of the management teams of the underlying companies is a bonus that can't be replicated at any price. And there are no alternative vehicles in the market that accomplish quite the same thing that this does. So I think a premium is warranted, even prior to considering the rate at which they're compounding book value.