Posts
Index investing is great but
I’ll just say upfront that I have all my money in index funds, but my god is it boring. I find stock picking to be so much more fun even if I lose money sometimes. It engages me intellectually. Anyone else feel the same?
Free, open source connectors for wealthfolio to save on subscriptions
https://wealthfolio.app/ is a free, open source, local-only, offline wealth tracker. It used to be hard to import from Fidelity and Schwab csv transactions that required a paid third party aggregator. Not any more. Find the scripts below. Official add-on to follow shortly. Canadian (Questrade) and Indian (Zerodha) integrations to follow …
Snapchat is the social subscription business of tommorow.
WH Smith is deeply undervalued but carries execution risk
[https://open.substack.com/pub/somethings0ff/p/nobodys-buying-this-issue-2-whsmith?utm\_source=app-post-stats-page&r=rc0eo&utm\_medium=ios](https://open.substack.com/pub/somethings0ff/p/nobodys-buying-this-issue-2-whsmith?utm_source=app-post-stats-page&r=rc0eo&utm_medium=ios) “The market is pricing a distressed retailer about to report a 78p per-share loss, encumbered by a suspended dividend and a recent emergency equity raise. What the algorithmic screens miss is that the loss is a non-cash accounting illusion, the balance sheet is now permanently de-risked, and the core …
Sprouts Farmer's Market (SFM) Moat
Quick question for the group. I'm going to consider looking into Sprout's Farmers Market stock. On the surface, I understand that they occupy a middle ground somewhere between the premium grocer's (Whole Foods) and the budget grocers' (Walmart, Kroger). I'm just not sure if that is enough to consider them …
How do people shortlist/sort/filter for Value REITS? Particularly sorting by discount to NAV.
Hi all, I'm looking to create a list of REITS (Particularly US ones at the moment, but also global) and I want to sort to find the ones with the biggest discount to Net Asset Value. And maybe even Price/FFO or do people use other metrics for finding value? Have …
About $662B of hyperscaler leases have not commenced yet, and none of it is in the leverage ratios. The recognition boundary is the risk.
$662B of signed data-centre leases sat off the top five hyperscalers' balance sheets at end-2025, and I am trying to underwrite a terminal margin on the group. I own some of it. I am not short anything. The question I cannot close is not whether AI is real. It is …
If there is a full collapse in spy, is it safe to buy anything?
So, I’ll keep my points short since I’m on my phone. 2000 to 2003 spy declined. Stuff like glw went from 10 dollars to 100 dollars… back to 10 dollars. During this time, safe stocks did ok but eventually declined over the long term. Now, here’s my issues - private …