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08-05-2024, 04:39 PM | #13966 |
New and Improved
Join Date: Mar 2002
Location: Springfield, Mo.
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Nice day to make money.
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Posts: 21,954
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08-05-2024, 05:11 PM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
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08-05-2024, 05:33 PM | #13967 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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If anybody needs me, I will be setting myself on fire and jumping off of a tall building. Just look for the flames.
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Posts: 142,964
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1 0 |
08-05-2024, 05:45 PM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: Sorry, I liked this post but was afraid Lew might read it and turn it upside down
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08-05-2024, 06:18 PM | #13968 |
Most Valuable Poster
Join Date: Oct 2003
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Weeeeeee
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Posts: 36,714
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08-05-2024, 07:36 PM | #13969 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Nikkei down 12% yesterday. Nikkei back up 10.5% now. That was a pretty wild deleveraging event. A lot of stuff had to find its way to cash seemingly yesterday.
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Posts: 6,376
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08-05-2024, 08:24 PM | #13970 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Huge moves on many US tickers today too.
Dead cat bounce or true short term bottom? This week will tell! |
Posts: 46,112
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1 0 |
08-06-2024, 08:24 AM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: Good info, thread not worthy
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08-06-2024, 08:29 AM | #13971 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Wait.
So Nvidia downloads 80 years of video from copywritten sources PER DAY? And obviously paid nothing for it... yeesh. That might not be great. https://www.pcgamer.com/software/ai/...cal-to-nvidia/ |
Posts: 57,834
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08-06-2024, 08:31 AM | #13972 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
Obviously we're a drop in the bucket compared to the situation in the article, but it's definitely shitty that these places can just leech content, costing their hosts money, and profit from it without any compensation to the actual source. |
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Posts: 52,457
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08-06-2024, 08:32 AM | #13973 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Hilariously, there is an ad for a shitty old grain drill - probably on Big Iron or something - on my PC.
That looks more than a little odd on a PC Gamer site. |
Posts: 57,834
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08-06-2024, 09:00 AM | #13974 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
It was a lot of money for me, but I thought it wasn't 1% enough for the entire product library of a national company. Especially for licensing it to a company that may or may not be low key trying to displace you. I understand it was gross revenue without COGS so it went straight to the bottom line on the earnings call, but godDAMN. So there is precedent for these companies paying for it. I didn't know Nvidia was doing any training. |
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Posts: 57,834
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08-06-2024, 03:03 PM | #13975 |
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Join Date: Jan 2009
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Anyone put any money in reddit? They just released their second earnings and they are very good. No after market jump but is there a reason this shouldn't be a long term hold?
https://www.stocktitan.net/news/RDDT...gk0m9bkxf.html |
Posts: 64,324
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08-06-2024, 04:34 PM | #13976 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
I listen to the prof G markets podcast and that dude laid out a pretty good case for it. They have incredible traffic numbers, and they just have to get the ad sales structure right. Which isn’t nothing but it isn’t the hard part. Plus it looks like they’re not falling into the tech bro trap of spending out the ass and eating huge losses to “grow”. I’d hang onto it. The big risk is if they lose 230 protection for content. If there gets to be smoke for that I’d dump it. I didn’t think they’d have positive earnings so I stayed out. But if there are earnings it’s probably an OK hold. |
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Posts: 57,834
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08-07-2024, 07:42 PM | #13977 |
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Join Date: Jan 2009
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When you guys sell a significant amount do you immediately set aside 12% for taxes (assuming long term gains) or reinvest it and deal with it at tax time?
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Posts: 64,324
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08-07-2024, 07:49 PM | #13978 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Quote:
Honestly, I never think about the act of paying taxes. I plan around them, but I just cover them from cash unless it's so much that I have to set money aside. |
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Posts: 142,964
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08-07-2024, 07:53 PM | #13979 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
My taxes are variable so I don't. |
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Posts: 57,834
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08-07-2024, 09:47 PM | #13980 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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The daily swings on tickers has been nothing short of crazy. Even the indexes are swinging wildly each day.
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Posts: 46,112
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