Oh not a trader either, it's just that everything seems overvalued and stockpicking seems really hard now compared to april. I think i will just buy vwce and chill from now on tho
If BoJ crashes our market they shoot themselves in the foot cuz American tourism probably holding some of their shit up rn
It’s all fugazi tho cuz 🥭 is armed with truth social pumps
Thank you for your thoughtful responses.
1. My thought on this was just comparing the implied IRR of 9.62% (47.42->78 in 5yrs) to the discount rate, as I believe they should be roughly aligned. I suppose incorporating risk from the discount rate into the projections could work tho (this is something I haven’t done before and will look into).
2. That’s fair, high conviction is good to have.
3. Great point on the demographics. I often forget how different economic classes live very different lives. I wonder if there’s a US heat map to show nicotine purchases by product (to see if there’s a correlation between certain demographics and % of sales/certain products).
4.if researching more on the debt side, any convertible prefs / warrants would be good to know of as well. Similarly, if any debt is callable or if noncall periods have been elapsed (to get a sense if they can clean up the BS by lowering total debt a lil. I don’t think refis would be applicable so not too big of a deal on lock ups).
5. Both fed and state reductions is a good sign. Gotta love lobbyists being former insiders.
Every day I discover a new angle to how incredibly stupid the current American government is. If it's any consolation as long as they're in power and fucking shit up every other country will hopefully avoid electing their own far right parties (idk about reform in the UK tho it doesn't look too good these days)