Everything posted by Texsox
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Market/Financial Thread
And this is where I like to take Game Stop out of the equation for a moment. Here's the play, because the actors don't matter. A. Find a stock that a lot of institutions have shorted. B. Build up retail demand through mass communications until it goes viral. Class warfare helps. The next one will be easier unless institutions change their philosophy. Every small investor who believes they lost out on a great opportunity for easy money will leap at the next one. This has already begun to change the industry. I heard Left is dropping his short reports.
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Jerry Reinsdorf is cheap
Figurehead is too strong a word. Perhaps I should have said he may seek input from, and have some limits set, by the other owners. Like any CEO that has a strong board.
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Jerry Reinsdorf is cheap
I seriously wonder how much JR controls. Yes, he's a majority owner, but he has partners. To me he's always been more of a figure head than THE owner.
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Jerry Reinsdorf is cheap
How long are you planning on living? ?
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Jerry Reinsdorf is cheap
I'm assuming that's among the majority owners. Often forgotten is JR doesn't own 100% of the team.
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Jerry Reinsdorf is cheap
I'm wondering what is a fair expectation in signing top tier free agents. Let's say each year there are three or four top tier. In ten years that's 30 to 40. So the average team signs one or two a decade. Sign more than that your exceeding expectations.
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Market/Financial Thread
I'm oversimplifying here. What I'm looking at is the current price isn't based on the company. I see Game Stop as a bit of a pawn in this. They could announce they are switching to selling hamsters and bicycles and no one would notice. Second point, I agree, shorting more shares than available shouldn't be allowed. Although I'm willing to rethink that position if someone could give me a decent enough reason why it's even allowed in the first place. In a new world of mass communications it's much easier for large groups of people to coordinate. From Arab Spring to Covid stimulus stick it to institutional investors stock frenzy. The aftermath of this will cause regulators to review. Sadly my guess is if a couple deep pockets lose, we'll see change, if thousands lose it will be passed over.
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Market/Financial Thread
I believe this is another of those situations where the laws haven't caught up with modern society.
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Market/Financial Thread
As my investment horizon gets shorter and shorter it's sad sitting on the sidelines watching the kids yolo'ing and having fun. But I'm also wondering . . . Where's the beef? Currency backed by nothing and people fighting to invest in failing companies. I'm feeling all of my years trying to make sense of it. It feels like we're creating an illusion of success that will vaporize. I get sell the sizzle. I would understand this easier if these were some unproven tech companies that you youngins think will revolutionize society and betting big, but brick and mortar stores and a shitty handset maker? Smh Grandpa Tex is going to take a nap. Lol
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Market/Financial Thread
I just read an article on CNN, students are using their student loans to invest. Once a few of those stories get out, both from the winners and the losers, it will make any student loan relief harder to pass.
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Madrigal 3000 hits "very reachable"
You gotta have dreams. You gotta process those dreams into goals. The goals have to be realistic, believable, desirable, measurable, and public. He's hitting all those points. I'm going to use him in an upcoming lesson on goal setting. Now that he has that long range goal he can break it into steps. Fitness to stay healthy. Consistent improvement. Great off season regiments. I'm certain his mental game coach is proud.
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Market/Financial Thread
JR is all in on GME. Once he cashes out he can really load up the roster.
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Market/Financial Thread
I heard a couple of my students discussing how much they invested. I'm not certain to be impressed or worried.
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Jerry Reinsdorf is cheap
I've never been interested in counting someone else's money. I don't care if they win with a $100 million payroll or a $300 million.
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Student Loan Debt
And perhaps that's another part of Trump's appeal.
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Market/Financial Thread
Lol. Yeah, that is another crazy twist in this.
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2021 Hall of Fame Ballot
Baseball should honor him as an example of the people baseball considers great. Any kid visiting the hall should aspire to be just like him. He's a great example of why baseball is America's game and all baseball fans should be proud to be associated with him and glad he chose baseball. He can stand proudly besides Clemente and Robinson. Here's an idea. As an alternate to fame, open up a hall of great stats. Pick an objective list of advanced metrics you believe a player should reach, and skip the voting. It would also be fitting to keep it virtual only. Leave the Hall of Fame for humans that are actually worth MLB honoring.
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Student Loan Debt
The more I think about this the more I'm convinced that income tax cuts for Americans with student loan debt is the politically feasible path. What Republican doesn't agree with tax cuts? More interesting to me. When I cast my first vote for President, Jimmy Carter's failed bid for reelection, the image was Republicans carried brief cases to work and Democrats carried lunch boxes. Blue color versus white color. The debate over student loan forgiveness and the last election seems to strongly refute that premise. There is at the minimum a mixing. Or the Dems are making a strong move with student loan relief to appeal to the professional college grad with a briefcase.
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No HOF Players Elected in 2021
To me the hall of fame enshrines baseball's best employees. They are as close to the ideal person the game can be proud of. If you "owned" MLB you wouldn't think of some of these employees as ideal.
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Market/Financial Thread
I really wish I could see the 100 or 500 year historical view of my lifetime. We're on the dawn of true mass communication. 100 years from now we'll be better able to analyze the good and bad and I suspect this will be historically significant.
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2021 Hall of Fame Ballot
The hall is a marketing tool for MLB. It's a giant commercial.
- 2021 Hall of Fame Ballot
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No HOF Players Elected in 2021
It is. But continuing to repeat mistakes isn't the answer either.
- Market/Financial Thread
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No HOF Players Elected in 2021
The hall of fame is an entertainment venue that celebrates the game of baseball. I don't see any compelling reason to honor anyone who disrespected the game.