Zuberi

Video Description: In this video I review GameStop (GME, $4.03, $260M market cap). As of July 2020 I'm bullish on the stock – perhaps foolishly so. What are your thoughts on GME? Do you agree or disagree with my take? What did I overlook in my analysis? Which of my assumptions were off?

There's a lot to cover in a GME thesis. I did my best to review what I consider most of the important items. As time passes I'm sure I'll realize I forgot to discuss something important. I'll update this description with such updates.

One item I failed to mention is how management could use GME's rising cash balance to repurchase the remaining 2021 bonds on the open market at a discount; the bonds currently trade at ~87 as of July 2020. It's possible the discount would vanish if they attempted to buy back the bonds in size, but it's still a scenario worth mentioning because such a move would marginally increase its value per share.

Another glaring omission is Scott Preston's GME piece in Barron's from February 2020 – I can't believe I forgot to mention it. It's one of the best articles written on the company and a must-read for anyone following the story. In particular Scott does a terrific job walking through the different ways GME can reinvent itself. The article is here: https://www.barrons.com/articles/game...

Resources mentioned in the video:

Furey, Edward "Present Value of Cash Flows Calculator"; CalculatorSoup, https://www.calculatorsoup.com - Online Calculators

Hestia/Permit Restore GameStop presentation May 2020: https://www.sec.gov/Archives/edgar/da...

Scion 13D April 2020: https://www.sec.gov/Archives/edgar/da...

Scion June 2020: https://www.businesswire.com/news/hom...

SeekingAlpha GME Articles: https://seekingalpha.com/symbol/GME/a...

Statista: https://www.statista.com/statistics/1...

The Verge – Xbox Series X optical drive: https://www.theverge.com/2019/6/10/18...

Xbox 2013 blog update: https://news.xbox.com/en-us/2013/06/1...

Variety – Death of Physical Video Games Exaggerated: https://variety.com/2019/gaming/featu...

GamesIndustry.biz – AAA game downloads: https://www.gamesindustry.biz/article...

GamesIndustry.biz – GameStop's concept stores: https://www.gamesindustry.biz/article...

The Roaring Kitty channel revolves around educational live streams where I share my daily routine of tracking stocks and performing investment research.

My investment style involves continually tracking thousands of stocks using a variety of widely available tools. When opportunity strikes – as it occasionally does in markets comprised of biased humans – I’m prepared to pounce and capitalize on the situation. I'm probably best classified as a fundamentals-focused deep value investor, though I find I'm increasingly leaning on technical analysis for screening, timing, and tracking stocks. In the years ahead I look forward to honing my portfolio management approach by acquiring bolt-on skillsets and further developing my approach to risk management.

Some of the tools I use: Google Chrome, Chrome extensions & search engines, Google Sheets / Google Apps Script / StackOverflow, StockCharts, insider buying via OpenInsider, stock ownership via WhaleWisdom, SEC filings via sec.gov, SeekingAlpha, Twitter, Quandl / Sharadar, and bond prices via FINRA.

The Roaring Kitty channel and live streams are for educational purposes only. I share my approach to investing in an effort to set you on the right path to building out your own investment process. I don't provide personal investment advice or stock recommendations during the stream. Please understand that my style of investing is extremely aggressive and I take on a substantial amount of risk. It's likely my approach would not be suitable for you. If you're seeking personalized advice, I encourage you to sit down with a financial professional who can review your personal situation, financial background, risk tolerance, etc. Check out the Roaring Kitty disclaimer video for more information: • Roaring Kitty – Disclaimer

DRS in Millions (10-Q & 10-K)

• 10/30/21 20.80
• 01/29/22 35.60
• 04/30/22 50.80
• 07/30/22 71.30
• 10/29/22 71.80
• 03/22/23 76.00
• 06/01/23 76.60
• 08/31/23 75.40

DRS in Millions (What if Cede Would Lie?)

• 10/30/21 20.80
• 01/29/22 35.60
• 04/30/22 50.80
• 07/30/22 71.30
• 10/29/22 71.80
• 03/22/23 103.2382
• 06/01/23 114.7828
• 08/31/23 129.5794

It might be hard to visualize, but the last 3 fake data points do include a smaller slope by including the data point where we "only" added 0.5M in October of 2022.

But what if Cede fucked with the reporting for October specifically, knowing that the last 2 real data points (71.3 and 71.8) would only show a slope of ~0.5M a quarter?

Why do ~you~you^you^ think Gamestop changed the wording from 03/22/2023 onward?

America's billionaires have often financed their lavish lifestyles by using their vast fortunes as collateral for loans, which can come with single-digit interest rates.

Borrowing money allows the ultrawealthy to earn minuscule salaries, avoiding the 37% federal tax on top incomes, as well as avoid selling stock to free up cash, bypassing the 20% top capital gains tax rate. Since loans aren't considered taxable income, the wealthy need only pay back the principal and interest, rather than the higher taxes that would accompany multimillion-dollar incomes and investments.

America's 25 wealthiest individuals saw their net worth grow by $401 billion from 2014 to 2018, according to Forbes. But they paid a total of $13.6 billion in federal income taxes in that same period, amounting to 3.4% of that newly acquired wealth, ProPublica found.

By contrast, a middle-class American in their 40s who had amassed a "typical amount of wealth for people their age," saw their net worth grow by $65,000 from 2014 to 2018, but paid $62,000 in income taxes, or 95% of that new wealth, according to ProPublica.

The US does not directly tax individuals' total wealth, unlike some European countries. Nor does it tax stock holdings until they are sold. And billionaires tend to have a lot of their net worth wrapped up in stocks. 

However, ProPublica's analysis revealed in new detail how America's tax code allows the ultrawealthy to take advantage of a litany of tax loopholes and wealth-management strategies to increase their wealth without also increasing their tax bills substantially.

To illustrate the gap between wealth and taxes paid by the ultrawealthy, ProPublica created what it called a "true tax rate." ProPublica defined this as the total federal income tax a person paid, in this case from 2014 to 2018, compared to how much new wealth they acquired in that same time period.

ProPublica did not publish its source data or disclose how it obtained IRS data.

According to ProPublica, the top 25 wealthiest Americans paid a "true tax rate" of 3.4% — a result of tax avoidance strategies that are out of reach for most Americans. 

Borrowing, it turns out, is one of those strategies.

Edit: Not sure why, but many instances don't show crossposts out of dbzer0. Nor can I upload an image to those instances directly.

Click on the crosspost to (memes@lemmy.ml) please :)

Edit: Not sure why, but many instances don't show crossposts out of dbzer0. Nor can I upload an image to those instances directly.

Click on the crosspost to (memes@lemmy.ml) please :)

I have a partition that is set up like the following:

Is there a decent way to reinstall my Fedora partition onto the combination of the 334GB and the 558GB partitions? The 1.1GB boot drive seems to prevent extending the smaller drive that Fedora was installed on originally.

I'm not aware of a way to do this w/ windows, but I figured Linux might have some kind of save-state functionality I'm not aware of.

I originally asked for things along the lines of survival: https://lemmy.dbzer0.com/post/4805526

With the following resources, it seems our community is off the ground in terms of bare necessities:

https://pastebin.com/gxfm3J7b

https://www.survivorlibrary.com/library-download.html

https://theswissbay.ch/pdf/Books/Survival/Survival/

https://www.wikipedia.org/ (Download copy w/ pictures)

https://www.artofmanliness.com/skills/outdoor-survival/build-a-bug-out-kindle-a-digital-survival-library-at-your-fingertips/

https://git.toad.city/brad/DeGourou

Now, what is the best FOSS way to set up communication within the compound (and between our 2 communities)?

The following list will help serve as a springboard for the types of things we're looking for:

• Open-source server operating systems (e.g., Linux distributions)
• Open-source web servers (e.g., Apache HTTP Server, Nginx)
• Open-source database servers (e.g., MariaDB, PostgreSQL)
• Open-source application servers (e.g., Apache Tomcat, WildFly)
• Open-source server virtualization platforms (e.g., KVM, VirtualBox)
• Open-source network monitoring tools (e.g., Nagios, Zabbix)
• Open-source load balancing solutions (e.g., HAProxy, Pound)
• Open-source server backup and recovery tools (e.g., Bacula, Amanda)
• Open-source security tools for server hardening (e.g., Fail2Ban, ModSecurity)
• Open-source server configuration management tools (e.g., Puppet, Ansible)
• Open-source server monitoring and performance analysis tools (e.g., Prometheus, Grafana)
• Open-source server provisioning and deployment tools (e.g., Foreman, Cobbler)
• Open-source server access control and authentication systems (e.g., FreeIPA, OpenLDAP)
• Open-source server backup and replication solutions (e.g., Bareos, DRBD)
• Open-source server log management and analysis tools (e.g., ELK Stack, Graylog)
• Open-source server file and storage systems (e.g., Samba, Ceph)
• Open-source server containerization and orchestration platforms (e.g., Docker, Kubernetes)
• Open-source server firewall and packet filtering systems (e.g., iptables, ufw)
• Open-source server monitoring and management solutions (e.g., OpenNMS, Cockpit)
• Open-source server collaboration and communication tools (e.g., Nextcloud, Jitsi)

Edit: How do I make bullet points look normal on mobile? Sync has the page looking INSANE vs the desktop preview.