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Hefeweizen

Certifiably Surly
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Everything posted by Hefeweizen

  1. I’m sure the reduction to 80 percent tariffs will turbo charge the market.
  2. That first set was destruction. Igas second serve is trash.
  3. I think you need to consult with a tax advisor. I don’t know much about 1031 exchanges but everyone I know who has used them used an expert to guide them. I believe for the capital gains exclusion you have to resided in the home for a minimum of 2 years within the past five years, but that’s recollection.
  4. So we can expect a nuke this weekend right?
  5. You would owe capital gains on the difference minus qualified improvements you made to the property while you owned it. This is where it can get a little fucky since regular maintenance doesn’t count. So a new pool, remodel, etc probably qualify but fixing things doesn’t.
  6. The end of this is incorrect. You pay capital gains on the excess difference being the exclusion amount.
  7. Ani currying favor from both sides as usual? Samosa usual.
  8. I know what I am not going to do again and that is get a dipped cone at DQ. 17 bucks for two fucking cones? What the ever loving fuck?
  9. FDA rejected an application this morning, hard to figure out who is in the right as IBRX put out a press release blasting the FDA but supposedly were told they needed additional randomized trials? I am an idiot so I don’t know.
  10. Needs a vomit emoji.
  11. Yeah he is going down in history as the greatest investor we've seen. Unbelievable long view of things and moreover knew when he'd made a mistake and fixed it. Very interesting to see what happens without him and Charlie Munger around.
  12. I 100% knew this would be here.
  13. Lol the replies are so predictable at this point. The job market is going to be a trailing indicator for a while. Services drive the job market as it’s the biggest part of the economy. My company is still hiring and we’re not going to stop based on vibes. When the slowdown hits, we’ll not only stop hiring but we will start cutting back. I don’t think that will be until the third quarter though.
  14. Meme stock market right now. I feel like it’s basically just random day to day based on announcements. Until the talk is replaced by data at least.
  15. Saba v Iga would be fun. We’ve had that final in Madrid before and it was classic.
  16. Signed, Ron “long” Vara.
  17. The surge in imports was directly tied to the incoming tariffs. There’s plenty of evidence businesses were advance ordering to the extent possible to offset future cost increases. NX was the biggest driver on the GDP change. The most interesting story I heard on this was on NPR and it was how since the tariffs are in effect, a lot of shipments are being sent to Mexico or other countries for temporary warehousing until some clarity emerges.
  18. Real GDP contracted by 0.3 percent. Before Liberation day. We’re in a full on recession and it’s going to get much worse.
  19. I don’t think you can omit the stupidity of buyers.
  20. Missed top and bottom line estimates and withdrew guidance for FY 25. Everything’s fine. Oh to add: But for 595 million of environmental credits they would have posted a loss.
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