ORH_wxman

Huge institutions investing it in it doesn't necessarily mean it's "safe" to invest in. You should still understand exactly what you are doing and gain technical knowledge. It's more likely these institutions are eyeing its popularity to exploit rather than as some great long term investment. Remember, these same institutions "invested" in countless bundles of garbage debt and we all saw the result in 2008......and these institutions all have the advantage of being first in line to dump shares if the bottom falls out.

Yep. You shouldn't invest money in entities that you do not understand (or the person who is investing your money doesn't understand). If you do, then understand that you are just purely gambling which is different from investing.

I blame all generations since I'm in between them all....I think they call us Xennials or Oregon Trail Generation....that 1978-1984 time range or so. We don't quite identify with Millennials since we all grew up still doing book reports on a type writer or by written hand (at least until High school) and most of us didn't have cell phones until we were past college-aged or nearly past it....so we all grew up memorizing phone numbers of friends and family. But our late schooling years were with high speed internet and the age of chat rooms and AIM. We are sort of the linking small generation between analog and digital.

Congrats dude....hopefully you enjoy the new career path and find success there.

I haven't been to one in years but back in the day, it was respectable for a chain. I heard more recent reviews that they burn their food too often nowadays, but back like 15 years ago, I could be generally satisfied going there....and this is coming from a Texas BBQ/steak snob. I do agree there is a bit of cult following to that place though. To me it was just kind of a cheap imitation of an informal Texas steakhouse, but was adequate. I did like that they would cut a steak for you on request if you didn't see one you liked on the menu or display.

Those soundings are pretty close over the interior of SNE/CNE on the GFS for next week. It would take something pretty special, but there's an outsidce shot for measurable.

Yep, the prices are still feeling the wage hike pinch. They try and cut costs where they can but there are employees you have to keep.

This is true, but I often hear rhetoric that is the opposite. "We can't make a living!!!", etc....but then I see everyone's standard of living like 20x better than our parents in the 1970s/1980s.

Automation is already in overdrive....those self-order kiosks are all over the place now so you eliminated a fast food worker with those or a grocery store cashier/bagger. The automation isn't super cheap but once you are forced to decide between paying someone 17 buck an hour or spend the up front capital on automation, it makes sense to do the latter. Contrary to popular belief, a lot of these places run on fairly thin margins and succeed on volume. The volume severely goes down if you have to raise your prices so the numbers stop working.

My most valuable cards from the 1990s are definitely insert cards. I had some good Emmitt Smith insert cards that at the time were going for 50-75 bucks. No idea what they are now. From my uncle's cards, I have a Ricky Henderson rookie card (1980 topps), Andre Dawson rookie (I think 1976 topps), and Ozzie Smith rookie (1979 topps?). The cards were in surprisingly good condition, but no idea whether they would grade out to mint or near-mint by all the psychos who grade these things with an electron microscope.

I used to be obsessed with football cards and baseball cards. I had some older ones from my uncle too...I still have a Wayne Gretzky rookie card. I swear, he bought like 2 packs of hockey cards in his life and one of them happened to be the Gretzky rookie. I still have a ton of football cards from the late 1980s and early 1990s....they aren't valuable as the older stuff, but I did have some pretty good insert cards....I have no idea what they are worth now.

Yeah, land is definitely a problem in more densely populated areas. There is probably going to be some shifting in the coming decade though with remote work being more feasible than ever for some. You'll see people take advantage of the cheap real estate elsewhere while still maintaining their employment from their former area of residence. A good friend of mine just bought a place in Florida after he got sick of Chicago. He is keeping his Chicago job though and just going to work remotely.

There's definitely a chunk of the real estate bubble that is actually real...it's being fueled by inadequate housing supply built. Esp for starter and middle class homes. So much of the construction has been toward the higher income end of the spectrum. They get better margins there and all those middle class developments going belly-up in the 2007-2008 crash spooked a lot of developers so they were slower to come back to building those units. But there's definitely an artificial part of the bubble too. The very low supply isn't all due to lack of construction. A lot of it is due to people just not selling right now which started during the beginning of the pandemic. Once more sellers finally decide to test the waters, there will be a natural correction.

Too many IPAs by Kevin last night.

It’s hard to find but I’ve seen it in a few stores here every now and again. You never see it out at a bar though...only exception I ever came across was sunset grille in Brighton, MA. They had like a million beers there and they actually had 120 min dogfishhead. This was like circa 2007 though and I think they closed down a few years ago.

Snowing here right now with these streamers on radar.

We all can just do exactly the opposite of what lava does with his lawn if we want to avoid a scorched brown mat.

Yeah it is shocking to me that NH isn't legal yet for sales. They decriminalized it several years back, but have lagged on legalizing the sale. At least anyone in new hampshire doesn't have to drive very far to get to a store though since all 3 bordering states allow sales.

Yeah MA took forever to get rid of their sunday blue liquor laws....I think as recently as like '04 or '05 you couldn't buy on a sunday. The finally got rid of it....but they kept strict hours on Sundays until less than 10 years ago when they finally allowed the stores to open before noontime on Sundays.

I can't believe the amount of business there one like 10 minutes from me does. Even when I pass it on a random weekday at like 2pm, it will have a decent amount of cars there and then on weekends it's frequently jam-packed. State must be cranking 50-100 mil in revenue per year off the sales tax on that.

Cannabis store near me was packed yesterday and today.

It's even weirder to me to see people with masks on outside who I know have been vaccinated. That's a double whammy...it already has an extremely hard time spreading outdoors, but now you are also vaccinated and STILL wear one outside? Bizarre. But to each their own. I'll carry one on me outside just in case I end up in some random group of people all within a couple feet of eachother (unlikely). But I mostly do it out of courtesy these days. Not out of fear of catching it or spreading it. I've been vaccinated for over 6 weeks now.

Around here it's prob like 1 out of 3 outside walking I see with masks on (I'm not counting parking lots where people are entering and exiting buildings....I'm referring to people walking their dog or jogging, etc)

Yeah almost time for the cutoff “wheel o ‘rhea” in a low geopotential gradient environment in May.