置顶推文
7 days, 7 writeups, 30k words on one of the cheapest sectors anywhere in the world. Starting today with an industry primer and overview of 25 companies you've (probably) never heard of. Link in bio.
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Value Praya
2K posts
@MikeFritzell @CompaCompu Says % of web visits so i guess apps wouldnt count. And chinese model api prices cant be subsidised when random neoclouds (or even consumers) can profitably run the same open source models at the price the creators do.
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Fresh off the press: a whopping 75% special div coming out of Left Field (and stub is still cheap)
Value Praya@ValuePraya
As promised, the full writeup on Left Field Printing ($1540.hk) is now live on my new substack, link in bio. More writeups to come!
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Preserved Plum snack seller LiuLiu Orchard's IPO application was rejected by the exchange three times. They then changed their name to LiuLiuMei (LLM), reapplied and tripled on listing because theyre an 'AI stock'. Very healthy market.
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Value Praya@ValuePraya
@MikeFritzell I think the two dish rice stores are a bigger concern than labour shortages and the like that management have been focused on. Much smaller real estate footprint more than compensates for fairwoods scale advantages; lunch rush crowd doesnt care about being able to sit at fairwood
QME
Good to see Cafe de Coral management has their priorities in order $0341.HK
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@MikeFritzell @grok Sample size is the most fundamental part of stats/econ and proving causality,you cant just ignore all countries that contradict your hypothesis and call it whataboutism
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@ValuePraya @grok “What about the US” x.com/valuepraya/sta…
“What about the US” x.com/valuepraya/sta…
“What about Japan/Korea” x.com/valuepraya/sta…
“What about Japan” x.com/valuepraya/sta…
Who cares
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@MikeFritzell @grok 5 messages ago - "Fully agree socialism doesnt work"
Does that sound like I'm saying socialism is good lol. I'm just disagreeing with your view on whats causing involution
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@ValuePraya @grok So you’re saying socialism is good because there are elements of it elsewhere?
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@MikeFritzell I'm not insisting its the exactly the same. I'm saying state interventionism is high and rising across the board, even in democratic free markets. The world is moving towards chinas economic model not the other way round but you seem to believe its still uniquely chinese
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@MikeFritzell congress.gov/crs_external_p…
The US government kept rates lower for longer making capital cheap and keeping unprofitable firms alive. Its nothing unique to China.
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@MikeFritzell Why is it beijing interference when chinese companies lose money but free market forces when US firms do the same?
Seems more likely to me root cause is capital is too cheap in both countries so its government interference everywhere
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@dennisihong Slight tweak to the government budget incoming to allow recognising MTM gains. We will never see a US budget deficit again.
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Norway took oil money, put it in a transparent public fund insulated from politics, and built a $1.7T nest egg for citizens.
Angola took oil money and called it a public fund too.
Trump is now proposing government equity stakes in AI companies so Americans can get “very rich.”
Polymarket@Polymarket
JUST IN: Trump announces the government will seek equity stakes in top AI companies to make the public “very rich”
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