Sam Ro 📈
@SamRo
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Award-winning writer of @TKerLLC , the newsletter helping investors maintain sanity amid the noise. 25k+ subs. Long-term optimist. Short-term cautious optimist.
New York, NY
Joined January 2011
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News: I'm working with Sherwood Media as a consulting editor for the next couple of months. If you're curious about the roles we're filling, DM me or reach out to me: sam at sherwoodmedia dot com!
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Incredible. 25 yo pizza delivery man runs into burning house, saves four children who tell him another might be in the house. He goes back in, finds the girl, jumps out a window with her, and carries her to a cop who captures the moment on his bodycam
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here’s a pretty clear 1-minute articulation of what AI apps like ChatGPT is about to bring us. see y’all in hell.
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This is literally the craziest thing I’ve read in my whole life and it’s not even close
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this is bad press for the gym for at least two reasons
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“…You wanna ask for the fries ‘animal style.’ It’s not on the menu, but trust me they’ll know and you’ll love it…”
I was glad to welcome President Xi Jinping to California for his meeting with
@POTUS
and APEC Economic Leaders Week.
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imagined getting handed a 20 from a person whose signature is on all the money
Janet Yellen ordering In-n-out before heading to the airport to greet Xi Jinping
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the least stressed I’d ever been in my life was when my home looked like this. people have no idea
Men will have a six figure investment portfolio and live like this.
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How this millennial couple finally moved out of their parents’ house with no debt and $30 million
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"Once inflation is above 5% in advanced economies, it takes on average 10 years to drop to 2%" - BofA
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"Son, I got a new job, mom got a raise, we have more cash in the bank, gas prices are falling, my 401k is up, your 529 is up, and my company is expanding thanks to growing profits. BUT we're not going to Disney World because the yield curve is inverted." - nobody
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$COTY up 3% after signing $600 million deal with Kylie Jenner brands
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Berkshire has $145 billion in cash.
Buffett is seeking out “elephant-sized” acquisitions.
According to the internet, there are about 400,000 elephants in the world and they’re worth up to $60,000 each. That’s about $24 billion of elephants.
Not sure where I’m going with this.
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Connery: "I'll take 'the rapists' for 200.”
Trebek: "That's 'therapists,' not 'the rapists.’"
Potus pronounces Yosemite as "yo-Semites" at White House event.
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Peak of his career, Ben Wallace was averaging 15 rebounds and 4 blocks a game. Great pick.
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the first ad you see inside the cover of American Airlines in flight magazine. +8% is red
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First Lady Melania Trump kisses Canada's Prime Minister Justin Trudeau next to the U.S. President Donald Trump during the family photo with invited guests at the G7 summit in Biarritz, France, August 25, 2019. (REUTERS/Carlos Barria)
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Seaworld shares since Blackfish was released
http://t.co/pYXm5cP9C4
http://t.co/4qZKXrg8wo
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April retail sales by category:
Clothing -78.8%
Electronics -60.6%
Furniture -58.7%
Sporting goods -38.0%
Restaurants, bars -29.5%
Dept stores -28.9%
Health -15.2%
Grocery -13.2%
Online +8.4%
JUST IN: Retail sales fell 16.4% in April (-12.0% expected). Excluding autos and gas, sales fell 16.2% (-7.6% expected). by
@heidi_chung
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This app will send you alerts when Donald Trump tweets about stocks you own
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If this music thing doesn't work out, he can always become finance minister of Greece
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Yesteday, Chipotle announced it's adding 15,000 jobs. Today, Boeing said it's adding 10,000 jobs.
Anyone got a running list of companies hiring?
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Guy does a running blindside double-leg dropkick on 71-year-old
@Schwarzenegger
, and Schwarzenegger barely loses his footing
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Periods of extreme market concentration during the past century - GS
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“Corporate profits double about every nine years. The stock market ought to double about every nine years… Profits are going up 8% a year, and stocks will follow. That’s all there is to it.”
Peter Lynch On How To Handle Stock Market Volatility
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I’m not crazy about “Italexit.” But i’m down for “Italeave” or “Quitaly.” We need to get this sorted out right away.
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every Dow all-time high has been followed by a new Dow all-time high since 1885
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"...there has been no supply response from US producers - their capex as % of operating cash flow has plummeted to just 30% (vs. 80-100% in 2011-16), a record low. Expectations for demand destruction have weighed on oil recently..." - BofA
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all that stuff sucked
Boomers, Gen Xers and elder millennials are now the last people who remember what it was like to use a pay phone, a paper map, a typewriter, etc. — and they're being rapidly outnumbered by younger adults who don't.
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"We Estimate $250-500 mn in Medical Costs Attributable to Pickleball in 2023" - UBS
Healthcare companies look at these pickleball charts and see dollar signs
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"The most popular hedge fund long positions have suffered their worst 12-month return relative to the S&P 500 on record” - Goldman
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Goldman on bear market rallies:
"Between September and December 2008, the S&P 500 experienced six distinct 1-6 trading day bounces of 9% or more, with some rallies as large as 19%. However, the actual market bottom did not occur until March 2009."
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when it’s your 15th bear market but it’s his first
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Forbes estimates Wilbur Ross allegedly stole more than $120,000,000.00
If even half of the accusations are legitimate, Wilbur Ross, the current United States secretary of commerce, could rank among the biggest grifters in American history:
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Kitkat and Reese’s Peanut Butter Cup customers won’t tolerate price hikes. For every 1% increase in pricing, volume drops 2.1% and 3.9%, respectively. - UBS
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Last fall, I quit a well-paying job with health insurance to start a newsletter about how stocks usually go up. Stocks are way down since then.
Looking back, what was the most obvious sign of the top?
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Overbooked flight. No one’s volunteered to take the $500 voucher. They just upped it to $1000…
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Larry Page steps down at Alphabet; Sundar Pichai to lead both Alphabet, Google as CEO
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Elizabeth Holmes father was a VP at Enron
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Household debt has surpassed its 2008 peak... but the composition of debt has shifted… - MS
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I’m old enough to remember the time George W. Bush mailed me a check for $600. I bought my first Northface jacket with it. Like a patriot.
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Lol. People with suspended accounts can still participate on Spaces.
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i think it’s time for a statue of a person removing the ‘Pissing Pug,’ a commentary on the state of free speech
People are not happy about 'Pissing Pug' statue installed next to the 'Fearless Girl'
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smart to drop "HBO," a name not associated with well-written, award-winning shows and movies that everyone talks about on social, and go with "Max," a name that makes you think of prestigious brands like Cinemax and Pepsi Max
Warner Bros. Discovery is combining HBO Max and Discovery+ into a single streaming service called "Max." It's set to debut next month.
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