IBKR is hands down the best brokerage out there with 0 hidden fees. The problem is that most people are used to foolproof Apple-style UIs that guide them through each baby step, rather than taking a few minutes to learn a more advanced UI.
It could simply be that executing options trades is more costly for them compared to stock trades, especially given the recent spike in option trading volume they mentioned.
Pretty much 😳 Marketing licenses are necessary in some industries, but not all National marketing campaigns vs. local require different licenses, but most provinces follow the standards set by the national govt. so many companies aim to impress the CCP regulators first 👀
@@value_validate It might be great clickbait if you use Stephen's dad saying 'failure corn' as the thumbnail for the video. Jokes aside, fantastic investigation!
@@value_validate Yes, its a new sports streaming service/bundle betwwen fox/wbd/disney. It worries Fubo so much they are trying to prevent them from launching with a lawsuit.
@@minniewannie if I share it with my sage seeds account, it gets marked as spam sooo quickly 🥺 I havent made fake side accounts to share it...😂 I don't know if I ever will
So it's a "put/call agreement", but the strike price can increase with no limit? That sounds like a terrible deal for Disney...why would they agree to it?
Not a good deal at all! The strike price in that agreement is defined as a private valuation of Hulu. In other words, lawyers and i bankers are actively negotiating the strike price since NCBU exercised the put rights last year. I remember back when Disney signed this....Hulu was a pure subscription business model (SVOD). Everyone probably thought it would always be easy to value. But the streaming wars and rise of advertisement-supported streaming (AVOD) have left the valuation method very open ended
@@minniewannie good point! I have to say that no numerical method is perfect. GME might be overvalued too, but not as much as the names on this list! Sage Seeds AI detects $100Ms of real money GME has issued in shares. That money is being used to at least try to be productive, or extend the time they have. The Top 20 in this video, all of which have been bleeding money throughout the 2023 season, will likely find it difficult (impossible, for some) to raise more money to save themselves. They each have serious questions about running out of time before needing painful, major changes 😮💨
Thank you! I believe I'm trying to distill the comments of many successful investors, such as Charlie Munger and Howard Marks, but ultimately, I'm only one point of view. If you ever want to add your thoughts on the subject, or on any video, it is absolutely welcome!
Just found this hidden gem of a channel, hope you succeed long term. Any chance we can have some insight in any positions you are holding? Thanks for everything.
For sure! I hope you understand I like to stay away from specific names, but I've been finding success recently hunting in the insurance, regional banks, and Argentine investment banks
We don't have $LULU in Bulgaria.. and am too price conscious to go for big brands, so I usually buy Bulgarian brands (usually made in Turkey, bc of cheap labour/materials + decent quality) But let's say shopping for clothes is not a hobby on mine ;P
Thank you, Ivan! What a bro. My X, Instagram are both @sageseedscap, same as the channel name. I've not got an account related Discord yet, but maybe in the future! I'll be sure to let you know if it happens
Love ur videos! Very original style of presentation, too! I guess the current price anticipates recovery in the industry + AI revolution needing more and more DRAM?..
I rarely know what the current price is thinking lol. Mr. Market tends to speak in gibberish, as far as I'm concerned. But tbh, I do recommend looking into FPGAs. I do suspect that their usage throughout the AI revolution may be the best thing that could happen for memory makers like $MU
If you want, could you elaborate why the AI revolution needs more and more RAM? I think I agree with you, but it would always be nice to hear someone else explain
Hey thanks for the video, it's good to see someone else see the same thing in them. Their latest earnings came out just an hour ago and its the same thing, selling prices hammering top and bottom line, already down 10% in the premarket.
@@value_validate I gave a long winded reply but I don't see it post. tl'dr wait to see volume increases off the back of inflation reduction act projects starting to break ground, price commodity pricing fall stabilisation (given china's weak housing sector I imagine a long way still to go), and then add in the fact that they've got a great buyback plan (see their shares outstanding drop off) and even before the period 2021-23 they were improving their operating efficiency this is definitely one to keep on your watchlist. Assuming no black swan and the infrastructure spend does really start to kick off in earnest they can do really well given they're not a significant cost of a project but necessary for projects to complete, if they can be a one invoice one stop shop as they are aiming to be they'll do well. I would wait to see how depressed the pricing can get.
@@value_validate Thanks for your interesting video. I'm relatively new to investing so I'd be interested in your opinion to your question, if it's not annoying for you to elaborate further. I'm currently having inner debates whether I want to increase my small investment in this company. It seems like a good company, however the numbers were decreasing of late. (Sorry for mistakes, English is not my first language.)
@@HelveticRaven I don't find it annoying at all! I love talking business 😉 But hm, I can elaborate but the ultimate decision to invest should be highly personal. The question with historical greatness is always, can the business protect itself from future changes in the world? Charlie Munger used to say, "quicksand doesn't care how fast you were running before you got stuck in it" Personally, I think Atkore's financial strength so far has come from it's own limited availability to service customers. As Atkore scales up, I get the sense that "mo money, mo problems" IS a very real reality for this business in particular, as it may be in a field of experts that won't be experts forever, especially if all the money they've been making leads to more and more individuals wanting to learn how to provide the same services. But now the personal element, for me, I do not believe I understand the need for Atkore's services well enough to make an informed decision. I would need to spend much more time thinking deeply about Atkore's ability to repeat it's success, and what the future might look like for its many clients spread across 8 countries. Will clients continue to need specialized experts from Atkore for the next 5 years? What about the next 20 years? Good luck, Sage Seed! 🌱
@@value_validate Definitely, sales volume increased but was more than wiped out by lower sales prices as that normalised from the elevated pricing they enjoyed during the supply chain crunch. Basically I think its a case of waiting for them to churn through down to the normalised pricing and then the secular growth trends from things like the inflation reduction act, the huge increase in data centers and the bead act filtering down into their top and bottom line over the next few years. It's one for the patient. Their massive increase in revenues and net income in recent years were due to elevated pricing that was never going to last but it covered up the great secular trend in increased volumes sold. Do let me know when you post an update on this as I would be interested in your opinion. My subscriptions page for some reason does not update properly at the moment and I am missing videos.
So essentially it's all paper gains, but no actual cash inflows. And we have no view on how they value illiquid investements, tho some faith has to be put on auditors, hopefully assumptions were properly challenged.
@@value_validate I have been short on Uber for a long time because it doesn’t have any kind of moat, doesn’t scale, very little growth potential, and is very sensitive to economic downturns. Like what happens if self driving actually becomes a reality? Their business model is completely fucked. Then again, they lose money on their business model so maybe they should just cancel the whole taxi/food delivery business and become a hedge fund.
The longer depreciation actually makes sense with their move to becoming a foundry. That means they'll keep those machines running for longer, as they keep process nodes alive for longer to service external customers.
@@value_validate I am not too confident, to be honest. The move to a foundry model would have made sense 10, maybe 20 years ago. They would have been able to easily sign customers - legend is Apple actually asked them to make iPhone chips, can you imagine? At this point they have no other option than to go all in, but it is a very risky endeavour. I do not think they will be able to take significant volume off of TSMC, for years they will struggle with building up confidence for potential customers. The longer they need to get big commitments, the longer it will take for them to actually fill up those fabs with third party chips, even as they increase the amount of chips they get TSMC to build for them. Those were all decisions made 4-5 years ago that are only now hitting the production stage, so you can see how long these things take to materialize into wafer starts. The depreciation change makes sense with the move to foundry, as they will be producing chips on specific nodes for a longer time. But foundry is also risky as heck at a point in time in which Intel is struggling to maintain market share in data center and competition is coming in hot from all sides in laptops. What's keeping them alive at the moment is their deep rooted relationships built over decades, not the quality of their products. How long can that last before customers start noticing they are losing a lot by not moving to Apple, Qualcomm, AMD? Will that be long enough for Intel to build out the foundry side of the business? I am very skeptical.
Have you looked in Boise Cascade? It’s selling at a high free cash flow yield using TTM or the average of their last five years of FCF. Has a high return on invested capital as well, similar to ATKR
In Note 1. of their latest Item 8, they mention a new "cell therapy manufacturing facility" that JUST OPENED this year in Massachusetts, USA. This is the first time CRISPR has ever opened a "manufacturing" facility, but it was unclear to me what specific sales targets they have for it (maybe you can double-check and find this answer?)
In my analysis, I think the best case for CRISPR revenue is for govts. around the world to treat either "cell therapy" / "gene editing" like the future version of ESG (a.k.a. A hot topic to throw billions of taxpayer-funded research grants towards) CRISPR has made almost all of its historical revenue from govt. research grants. It has the admin infrastructure to efficiently apply to more research grants, if they are ever offered up by politicians Any other form of revenue, such as marketing their treatments to customers, would require significant changes to their infrastructure. It would be nice tho 😔 but I'm not expecting it for many, many more years
Lastly, It seems that CRISPR only has a SINGLE therapy that has been approved for "commercial" purposes. So as awesome as it would be for them to start marketing, the benefit to them doing that is limited Their single approved therapy is to improve the health of kidneys for patients with a type of diabetes (I don't remember which type of diabetes, but it wasn't for everyone with diabetes; amazing work, but with a limited target audience for sure)
Oh no! I am going to remix the music, trying to avoid distraction at any point. Thank you for your feedback :) But I'd like to try to keep some degree of music, because it is an additional way of communicating through these videos. In my opinion, recognizing our emotions while trying to stay rational is the most important part of financial analysis, and music, for many people, is a very useful tool for identifying the emotions that come up
