Writser
4K posts
@thewritser Thought this was a nice overview circa early 2023 vestrule.substack.com/p/distribution…
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I need to find a bank with 10x upside, zero downside and a catalyst that hits when the market opens.
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@invertedfragil1 @taobanker @Biohazard3737 Yes. That is probably a tale as old as time but the modern media landscape certainly doesn’t help.
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Wholeheartedly agree. I’d contend it’s more of a psychological issue than a financial issue. Can’t tell most 20 yr olds to save 70% of their income, invest the rest, figure out free things that make them happy to do for a decade (not women/girls lol). The ability to defer gratification to that level isn’t inside most guys, I’m contending that’s the actual issue hence why we get the degen behavior instead
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@hillfronter83 @Biohazard3737 And if that is what you aspire, or what seems “normal” due to social media, that’s when the crypto hustle starts to get appealing. Because the other way you will never get there.
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@hillfronter83 @Biohazard3737 And the uncomfortable truth is that if you work hard, spend modestly and save smart you can probably live comfortably but you will never own or do the stuff you see MrBeast / Andrew Tate / Jake Paul / whatever stupid other influencer doing online.
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@invertedfragil1 @taobanker @Biohazard3737 Sure, kids are expensive. Still most people will be better off in the long run doing the things Nat suggested. But that's the difficult path. Much easier to gamble with crypto and blame Ken Griffin if you stay broke - regardless of whether you have kids.
x.com/natstewart5/st…
Nat Stewart@natstewart5
@Biohazard3737 Solutions for "normal" people: - Cut expenses to the bone till financially sound (realize most "stuff" is bullshit) - Move to high trust area - Contribute/active in a religious/mutual aid community - Build income with high probability moves, not "lottery tickets"
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@thewritser @taobanker @Biohazard3737 That’s kinda the whole point of marriage changing things, the ability to save a huge percentage of one’s income goes away which is the real problem in terms of being able to get ahead
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@stockspinoffss At first I thought this was a very interesting idea, after doing some more work I'm not so sure. That said, the numbers from the past few years for both gaming and health look pretty good, if they end up selling those for a nice price I'm sure holders will do well.
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@stockspinoffss My estimate is that RemainCo is trading at ~7x - ~9x EV/FCF. That is probably cheapish but also doesn't seem completely unreasonable for a collection of websites churning users that will probably face AI headwinds going forward.
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@hillfronter83 @DV_Situations And there's also a decent bit of SBC to take into account, though on the flip side you include interest paid in FCF and I guess they will use some proceeds to pay down debt.
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@hillfronter83 @DV_Situations Doesn't sound unreasonable. I am wondering if you should include acquisitions in FCF. They spent ~$500m net on acquisitions over the past 5 years and revenue is hardly up. Are they really growing or is this simply to keep up with churn?
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@stoked_on_waves @kingdomcapadv "my view and the company's view on our strategic process is that it won't end until the clearing discount in our stock price ends.".
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@kingdomcapadv There's still time to get rugged on this but ultimately they said some friendly things
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The "worst" thing $ZD can say on the call tonight (for the short-term) is they're done selling business units. This could be cushioned if they can reveal the buyback was churning the last week below $30 with all the volume...
Kingdom Capital@kingdomcapadv
@randysteuart If I had to guess what market isn't thrilled about, would be the implication they are done selling stuff. But that's all relative on a day you're up 70%
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