Sunday Finds from Chit Chat Money
Interview with Richard Chu, Opendoor, Peloton
***Use our link or enter promo code “CCM” at checkout to get $10 off your first month at 7investing***
Content from Us:
Other Stuff:
Smart and Funny Tweets:
🏜️ Austen Allred@Austen
If you ever get a chance, take someone who grew up under communism through a Chick-Fil-A drive through
2:10 PM · Nov 14, 2020
22 Reposts · 423 Likes
Gannon Breslin@rebelmarkets
THE NEW TECH CULT: PELOTON
I hate cardio. But apparently there is enough people that pretend to & these cult bikes™️ (my new name for Pelotons) are FLYING off the shelves & the stock has gone 🚀 since IPO.
Here is a semi serious thread about why I think Peloton could be HUGE..
3:50 PM · Nov 14, 2020
3 Reposts · 56 Likes
Jeff Fischer@FoolJeffFischer
Thoughts I've shared with new investors:
1. View the stock market as a savings account that you keep adding to. Regularly invest money you don't foresee needing for at least 3 years, and ideally that you'll keep invested for much longer.
2:09 PM · Nov 13, 2020
126 Reposts · 684 Likes
modest proposal@modestproposal1
“They have all these warehouses and inventory they’re so proud of... I’m glad we don’t have to deal with any of that” - Meg Whitman
2:24 PM · Nov 13, 2020
14 Reposts · 324 Likes
Dennis Hong@DennisHong17
Unlike many investors who prefer “asset- light” businesses, we love “capital-intensive” businesses, as we believe the capital, time, and complexity of building out an asset-heavy business create ecosystem control.
modest proposal @modestproposal1
“They have all these warehouses and inventory they’re so proud of... I’m glad we don’t have to deal with any of that” - Meg Whitman https://t.co/rRkgDZqKGs
10:42 PM · Nov 13, 2020
36 Reposts · 481 Likes
Matt@regulatorynerd
.@Square's been busy lately. I haven't had a chance to listen to their latest earnings call (maybe this weekend), but did see they did a Friday SEC filing (8K) to announce an update on their convertible notes offering.
Quick thread with what I find interesting follows. 1/
9:39 PM · Nov 13, 2020
2 Reposts · 56 Likes
ShitFund@ShitFund
Redditor turning Lemonade into lemons
7:01 PM · Nov 13, 2020
8 Reposts · 140 Likes
Jerome A Powell@alifarhat79
If twitter existed in the 1400’s
5:47 PM · Nov 13, 2020
67 Reposts · 646 Likes
punished "venom" julian@ech0astral
"Mother was a winemom.... And a girlboss. One night she turns on the news, drunker than usual. Ruth Bader Ginsburg died. She wanted to tweet my reaction as her 7 year old son, I told her I wanted to watch SpongeBob. Mommy didn't like that. Not. One. Bit."
11:54 PM · Nov 11, 2020
3.74K Reposts · 23.1K Likes
ValueStockGeek@ValueStockGeek
It's always adorable to witness the confidence of an investor that was never burned by a bubble.
3:35 PM · Nov 13, 2020
6 Reposts · 148 Likes
Rolf Degen@DegenRolf
People react even to small, well-meant alterations to their group rituals with outrage. psyarxiv.com/yd7tg/
5:28 AM · Nov 13, 2020
16 Reposts · 98 Likes
SirBaby@SirBaby6
Keep seeing comments to contrary, so gotta say it:
$MO has been a genius capital allocator. With 1yr of FCF, it bought big stakes in the only two things that could kill it: JUUL & weed. (So what if both went to “zero?” What business wouldn’t trade 1yr for lifetime assurance?)
4:53 AM · Nov 12, 2020
6 Reposts · 112 Likes
Ian Cassel@iancassel
To be a great stock picker you have to have a smart head, strong stomach, and thick skin.
2:41 AM · Nov 13, 2020
75 Reposts · 863 Likes
Lu Kang@SkipToMyLu_
My 3 month old son said: “Daddy, I don’t need a PS5. Use that money to buy land, or get an LLC started in my name” 😢
6:05 PM · Nov 12, 2020
43.9K Reposts · 391K Likes
Li Jin@ljin18
This is fascinating and I think why podcast discovery is so hard: the cost of a bad recommendation is high - 40+ minutes of wasted time and the opportunity cost of listening to something that could've been much more entertaining, informative, etc.
Eric Stromberg @ericstromberg
New @ScreenshotEssay today:
TikTok, Instagram, and the Quadrant of Deep Understanding https://t.co/7mBbPcmSEP
9:43 PM · Nov 12, 2020
64 Reposts · 596 Likes