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birb_cromble  3d ago (text post)   752 thread views

Qeekly Finance Thread - 2026-09-12

A weekly thread to discuss financial matters - from personal all the way up to global.

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*Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.

  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
  • Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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Weed firms I am getting vibes are cheap. That never felt like a good business to me with little moat and not much branding. But vibes I’m getting is it’s cheaper to buy say a weed farm in public markets today than it would be to build my own equivalent weed farm. So they probably work. I never got the bubble in weed stocks because I always thought it a no moat type business.

Also like snap. Not sure if I can see 5x as I think the research reports saying that assume monetization at closer to meta levels but most users are teenagers with less disposable income than metas adult users. Actually surprised that company still exists because I know no one that uses it but the revenue is real and cheapish especially if the ran it to maximize profits instead of growth.

Exited Snap a while above 6. I don’t have conviction on anything right now. But have been buying Snap 5.2-5.5 and selling 5.6-5.8 because it does have decent vol. somehow I messed up an order and got short 2k shares at 5.75 which scares me a little and thought about just taking a small loss on it.

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