Growth

Congrats everyone on your high returns with high growth investing. I find this board interesting but have only been here a short while. I am wondering what is driving the growth. Is much of what you are investing in dependent on the implementation of 5G and eventual broadcast of it from satellites?

Congrats everyone on your high returns with high growth investing. I find this board interesting but have only been here a short while. I am wondering what is driving the growth. Is much of what you are investing in dependent on the implementation of 5G and eventual broadcast of it from satellites?

No.

Cloud computing in and of itself is crazy powerful and cheap.

The subscription business model is fantastic.

But the returns on this board are driven by the fact that “Saul” has a time machine.

Ok, maybe that last isn’t true. It is by analyzing companies and finding ones with incredible growth, strong managment, and a large TAM is the starting point.

The real secret is learning to “only dance with the prettiest girl in the room” In other words always be willing to trade a winner for another winner.

Large generalized analysis will give generally small returns.

Cheers
Qazulight

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The real secret is learning to “only dance with the prettiest girl in the room”

Sometimes the prettiest girl in the room can give you a black eye! :slight_smile:


Growth is the result of fast adoption and low cost. Simplicity drives adoption, complexity kills it. The SaaS business model provides the service and hides the complexity, if any exists. Because SaaS is mostly software it is low cost. If you pay for the brains with stock options it becomes (apparently) even cheaper. If you produce enough cash to buy back shares you get growth on steroids.

In modern economics it’s called “Increasing Returns” the more you sell the more you sell.

https://www.google.com/search?client=safari&rls=en&q…

Denny Schlesinger

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Because SaaS is mostly software it is low cost.

Well, it is low cost relative to the number of customers if the number of customers is large enough. With one customer it is likely to be very expensive.

There is also a domain aspect here. There are some product categories where it is relatively straightforward for a superset product to satisfy the requirements of a large number of customers with no customer-specific modification. Of course, this requires very good design so that the same software can be used for a large number of variations of customer use case. But, there are some product categories, e.g., ERP, where it becomes difficult to achieve a single unified code base that will satisfy everyone. If one is a clever architect, one can do a great deal with configuration switches to trigger different, potentially mutually exclusive behavior. But, it would be surprising not to have at least a little code that was customer specific. With any luck, one can get the customer to pay for it.

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“The real secret is learning to “only dance with the prettiest girl in the room” -quazulight

Now, how would this read if the ladies who frequent this board kept on insisting that

The real secret is learning to “only dance with the wealthiest stud in the room ???

Ladies what say you?

I. M.

6 Likes

“The real secret is learning to “only dance with the prettiest girl in the room” -quazulight

Now, how would this read if the ladies who frequent this board kept on insisting that

The real secret is learning to “only dance with the wealthiest stud in the room ???

Ladies what say you?

I. M.

You nailed it. It is cold hearted. No marriages here.

See NTNX.

Cheers
Qazulight

Qazulight,

I do not believe you are so obtuse that you missed my point. You have been called out before for your sexist language that objectifies women.

I find sexist language offensive whether coming from men or women. And I find it inappropriate for this board.

Since you support Khan Academy, perhaps you could find among their offerings a more appropriate non-sexist language.

Thank you,

I. M.

7 Likes

Qazulight,

I do not believe you are so obtuse that you missed my point. You have been called out before for your sexist language that objectifies women.

I find sexist language offensive whether coming from men or women. And I find it inappropriate for this board.

Since you support Khan Academy, perhaps you could find among their offerings a more appropriate non-sexist language.

Thank you,

I. M.

My post stands in all its offensiveness. It is meant to be offensive. Most people tend to be quite patient. Most people
make the mistake of treating stocks like relationships.

But stocks are not a relationship. They are investments. While I
personally married the first girl that kissed me, in 1978, and we just had great cruise last week. I have found that treating stock investments like personal relationships is a great way to go bankrupt.

Only after watching this board for a year did I
learn to curb my instinct to hold on. Even so I held NVDA after I should have let it go and bought a stock that would go up not down. I am still struggling with my propensity to remain faithful. But I am working on it. NTNX is still in
my port.

Frank Zappa kind of covers
my issue with NTNX

https://youtu.be/pOJeqoWTQWE

By the way. My wife . . . well let’s just say we are not the beautiful people.

It was early summer, in front of the bowling alley, 1978. First date, at the beginning, front seat of the big blue 1970 Pontiac Executive. First kiss. She was 16.

She is still the one.

https://youtu.be/S5aMMRes2u4

Stocks ain’t women. They aren’t even people. Objectify them, like the men in the night club objectify the women. It leaves me feeling dirty, but it is what works. If it makes you a little quesy, that is good. It shows you have had a good upbringing. When it
comes to investments, get over it. The sooner the better.

Cheers
Qazulight

14 Likes

Qazu,

It is meant to be offensive.

I think you are on the wrong board. We try to keep offensive posts off this board, but I am sure there are other boards you can move this to. I would ask why the people that have been given the ability to police this board would let this go on when they have been so ready to stop other posts.

Andy

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Strange post quazu… you been having free samples from village farm?

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Please stop. Just stop.

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Please stop. Just stop.

Agree. Does anyone know what 5G is?

5G is the new wireless standard after 3G and 4G. Very small cells but very fast.

Rob

Strange post quazu… you been having free samples from village farm?

No,(Had a lot of rum punch on the cruise though) I struggle with letting stocks go. I am the marrying type.

One thing that is critical when following Saul is to learn to always be looking for something better. Always. It is a narcissist trait.

It is tough to develop and compartmentalize, but it is critical. Failure to understand it and embrace it leads to Rule Breaker type returns and draw downs.

Cheers
Qazulight

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Understand, the one thing that I have learnt from Saul is to let it go and move on. I no longer struggle with holding on to my losses. The many here who have 20-40% losses in say Ntnx and HOPE that it will come back, well I used to be in the same camp. No longer, as I have been there. Had a few of those last year and took the hit and was amazed how quickly I made it up and then some by choosing alternatives of which many are discussed here.
I truly hope though that those who “hope” to see results later on, all your wishes come true, I just am not prepared to wait anymore for a few quarters to find out.

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