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TigahsOnTop
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| Number of Posts: | 222 |
| Registered on: | 11/11/2022 |
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re: When Did “Difficult” Become “Impossible”?
Posted by TigahsOnTop on 5/20/26 at 12:43 pm to el Gaucho
quote:
Except for the irs and the game warden and the fact that all of the rivers are poisoned
Ha. Not sure the IRS will be clocking you in the middle of bumfrick nowhere. Same goes for game warden. But yeah man, the world is out to get you. Sorry about that.
You'd fit right in with the North Sentinelese tribe. They seem to be enjoying themselves living the hunter gatherer lifestyle.
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re: When Did “Difficult” Become “Impossible”?
Posted by TigahsOnTop on 5/20/26 at 10:14 am to el Gaucho
quote:
I meant that our lives were better when we were hunter gatherers
I never understand this logic. There is absolutely nothing stopping you from moving out to the boondocks and living a hunter gatherer lifestyle. Go join that north sentinelese tribe that is slinging arrows and running around naked.
The beauty of innovation is it gives you optionality.
I can go play golf and slam transfusions if I want. I can go hunt if I want. I can go on a boat and fish if I want.
re: When Did “Difficult” Become “Impossible”?
Posted by TigahsOnTop on 5/19/26 at 8:23 pm to el Gaucho
quote:
the standard of living has been dropping ever since humans switched to agriculture. Your ancestors had it better than you in ways that you can’t even imagine
This is actually retarded. Some people just have a knack for finding ways to be unhappy.
My ancestors were getting blown up in wars, I don’t think we have it that bad brother.
re: LSU Finance/Accounting Alumni, how has your Degree treated you? What's your yearly salary?
Posted by TigahsOnTop on 5/18/26 at 12:19 pm to Kolbysfan
quote:
What are y’all‘s thoughts on AI impact within accounting? my son will be a junior in LSU accounting major with a concentration in data analysis.
AI can already do most of what entry level accountants do. With that said, having a knowledge base makes you that much more effective in implementing it.
AI is able to do things in 30 minutes that would have taken me weeks. I did an entire financial analysis on a business we are investing in within a couple of hours. Building out a sheet from scratch and pulling the data would've taken much longer than that previously.
So to answer your question, the winners will be those that can implement the tech in the short-term. In the long term, we may all be fricked but time will tell.
If it gets to that point, society will be running so insanely efficiently that I'm not too worried about being put out of a job.
re: LSU had over 62,000 applicants this year. Awarded 5,800 degrees this spring.
Posted by TigahsOnTop on 5/18/26 at 8:45 am to ChatGPT of LA
Yeah I wouldn't look too far into gross application numbers. There has been a similar trend in job applications as well. It's not very hard to have claude apply to 100 places for you, and people are doing the same thing for college applications.
The % of kids who actually choose to go to the school is a better metric.
There's a reason most of the SEC schools still have sky high acceptance rates. If LSU is accepting 3/4 of the 60k kids that apply, do the math on how many get accepted and don't attend.
That's why the more prestigious state schools are forced to reject more kids. The kids would actually attend if accepted
The % of kids who actually choose to go to the school is a better metric.
There's a reason most of the SEC schools still have sky high acceptance rates. If LSU is accepting 3/4 of the 60k kids that apply, do the math on how many get accepted and don't attend.
That's why the more prestigious state schools are forced to reject more kids. The kids would actually attend if accepted
re: LSU Finance/Accounting Alumni, how has your Degree treated you? What's your yearly salary?
Posted by TigahsOnTop on 5/17/26 at 8:57 pm to danilo
quote:
In my opinion getting into Big 4 after graduation is the best route to go when getting a degree in Finance.
Yeah, getting into high finance with an LSU business degree is a real crapshoot.
The ceiling for most at SEC schools is big 4 accounting (which honestly seems like hell).
I’d take notes from the folks that leveraged their business degrees in this thread. At the end of the day, if you are good at what you do degrees mean nothing.
re: 401k/Company Stock Option
Posted by TigahsOnTop on 5/14/26 at 9:52 pm to BadatBourre
This totally depends on the company.
In most cases, I’m taking the 15% discount. If you subscribe to the efficient markets pattern of thinking (which is mostly correct), then your expected value is much higher than investing in an index with no discount.
However, if this is some shitty ultra volatile small cap, then I’m not sure I’d be very interested in having any meaningful % of my net worth in it. The variance of returns in those tiny companies can quickly eat away at that 15% discount.
All of that is to say I’d need much more info to give you decent advice.
In most cases, I’m taking the 15% discount. If you subscribe to the efficient markets pattern of thinking (which is mostly correct), then your expected value is much higher than investing in an index with no discount.
However, if this is some shitty ultra volatile small cap, then I’m not sure I’d be very interested in having any meaningful % of my net worth in it. The variance of returns in those tiny companies can quickly eat away at that 15% discount.
All of that is to say I’d need much more info to give you decent advice.
re: Good commencement speech here
Posted by TigahsOnTop on 5/13/26 at 9:03 am to tigerskin
Great message. Not sure what I expected, but that's up there on my list of best commencement speeches I've heard.
re: MB advice wanted
Posted by TigahsOnTop on 5/8/26 at 12:30 pm to SETH6180
I'd get rid of it. You are spot on
re: Investing question for the board from a position of complete ignorance.
Posted by TigahsOnTop on 5/6/26 at 11:23 am to NC_Tigah
quote:
It is a pretty simple precept.
We all get it wrong sometimes.
But claiming we were right, when we were wrong, negates a learning process.
I agree for the most part, but will push back a bit.
If something is positive expected value, and you take that bet, that's a good decision whether the bet wins or loses. That is the point of my post.
I'll use a betting example because it is easier to grasp, but the same concept applies to virtually every market (stock market, sports betting, lottery, etc.).
If you are able to buy a lottery ticket that gives you a 50/50 chance of winning, but the wining outcome pays $210 on a $100 bet, you should take that bet 100/100 times. The reality is, you will lose that bet 50% of the time.
That does not mean you made a bad decision in taking the bet, it just means that there is variance baked into the outcome. That same principal exists in financial markets as well. Edges are extremely small, so the variance will get you a lot of the time. That does not mean you should stop pursuing those edges (given your logic is sound).
re: Investing question for the board from a position of complete ignorance.
Posted by TigahsOnTop on 5/5/26 at 1:53 pm to NC_Tigah
quote:
Honestly, the first page of the NBIS thread disproves this as many of us got in before most analysts had even heard of the name.
New methods of information has changed everything. You can get the “edge” now that you could not have obtained in 1995, 2005, or even 2015.
It will take research and risk however.
It happened with NBIS at $30 per share, and it may be happening now with other names near the top of this board.
One of the most common errors in the stock market is confusing a good outcome with a good decision. A stock going up doesn't validate your thesis any more than a stock going down invalidates it.
"What makes a decision great is not that it has a great outcome." — Annie Duke
re: AI Trading/AI Financial Adviser
Posted by TigahsOnTop on 4/20/26 at 2:39 pm to someone35
Bad, very bad, borderline retarded idea
re: So it looks like we finally know who Bitcoin's Satoshi is thanks to NYT reporting?
Posted by TigahsOnTop on 4/10/26 at 6:24 am to TigerTatorTots
quote:
then that reintroduces 10% of the circulating supply that most thought would never move
But why would that cause a 50% drawdown. Sound like it’d have the effect of a 10% dilution
re: XRP?
Posted by TigahsOnTop on 4/6/26 at 7:07 pm to Aces_full
They are retarded. Respectfully.
re: Do you feel embarrassed and ashamed for not receiving communion?
Posted by TigahsOnTop on 3/30/26 at 9:01 pm to McLemore
Delete
re: Do you feel embarrassed and ashamed for not receiving communion?
Posted by TigahsOnTop on 3/30/26 at 8:59 pm to McLemore
quote:
If the presence isn’t mystical (aka something more akin to symbolic —which doesn’t mean it isn’t more than “merely symbolic in some agnostic sense; but not *literal*) then we should be able to take genetic samples of the elements at various times throughout the process and see something.
If this is your approach to faith, then you are lost from the start.
Prove scientifically that God created the world. You can’t??? That’s the whole point of the faith.
re: Do you feel embarrassed and ashamed for not receiving communion?
Posted by TigahsOnTop on 3/30/26 at 8:56 pm to redfishfan
quote:
I remember when Jesus only would hang our with other Jews and told them to be exclusive and not to include others.
People in here acting like we kick them out of the church. As a Catholic, I love when other denominations attend the church. As a Eucharistic minister, I also love giving the blessing to all non-Catholics. Pretty sure all of us feel that way.
I’m not sure why so much hate is shed on the catholic tradition which has continued thousands of years.
Protestants believe that the body and blood of Jesus is not truly present in the Eucharist, and that the bread is symbolic. So why would you want to receive something you do not believe in!
We have more in common than we are different.
re: ESPN cool with whoever is jumping ship to UNC not cool with Will Wade going to LSU
Posted by TigahsOnTop on 3/28/26 at 6:59 pm to Scoob
quote:
In Carolina's case... they think they should be Sweet 16 minimum
Agree with everything else, but Idk why you are acting like UNC believing they should be sweet 16 every year is so crazy.
They absolutely should. It’s North Carolina basketball, arguably the biggest brand in the sport.
It’s the same standard that we have for LSU football. Kelly got canned for not making the playoff. Hubert got canned for not making the sweet 16. Both programs should absolutely be in the mix every year in their respective sport.
re: Report - Will Wade: 7-year Deal, Increases in Salary, Coaches, NIL
Posted by TigahsOnTop on 3/26/26 at 12:16 pm to lurking
quote:
Not for engineering
Go to line for every kid that couldn't get into Duke or UNC
re: Stocks or ETFs
Posted by TigahsOnTop on 3/26/26 at 10:05 am to PLaneTiger
quote:
. Does owning those bigger companies seem too redundant to have along side the broad spectrum ETFs.
Totally depends on the ETF you choose. VOO for example (SP 500) is already extremely concentrated in the mag 7, so it would be redundant.
To be honest, my opinion is that the mag 7 is way overvalued at this point so I'm actually trying to diversify away a bit (I still hold a lot).
I love the Dimensional ETFS. DFUS for example. They have a small cap value tilt.
All of this is to say that your investing goals can be accomplished through ETFs, and I'd advise you go down that path.
re: call your shot(s); winners for 2026
Posted by TigahsOnTop on 3/19/26 at 11:29 am to bayoubengals88
quote:
Are you able to speak at all to the outrageous debt? Wow!
Definitely don't love it!
I want to say they paid down about 150mm last year, and FCF will likely be even higher in 2026 so I definitely anticipate them strengthening the balance sheet a bit.
They had a PE style restructuring in 2019ish which is why it's so levered.
I'm less worried about it than I probably should be.
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