Reminder to readers/listeners: not planning to post here much anymore Main conversations on stocks, markets, investing memes etc has moved to our (free) substack chat: emergingmoats.com/chat Show updates and data will continue to be posted on @chitchatstocks

"Peter Beck has done so many things right" @7Innovator on why $RKLB has been so successful as a space flight disruptor

People seem to be misinterpreting why Seattle is fucked. Seattle is not fucked because they over-regulate big business or because of the “millionaire’s tax.” They’re fucked because they overregulate small and mid-sized businesses which caused a massive localized inflationary spiral that is forcing out big businesses because labor costs are too high Seattle massively over regulated the service sector by imposing gargantuan minimum wages on restaurants and delivery apps implementing a zillion other regulations that caused service sector costs to soar. Seattle’s housing prices are actually *declining* but their inflation rate has been 1-1.5 points higher than the national average despite reduced housing costs. This is caused mainly by food service prices rising at 7% a year due to Seattle’s minimum wage policies and excessive service sector regulations. Inflation in Seattle is now 5% and nominal wage growth is 3%, meaning real wages fell 2% in the last twelve months High local inflation forced big companies to pay artificially high wages because highly paid corporate workers expect wages to keep up with living costs. On top of that, Seattle has a payroll tax that almost exclusively applies to huge companies. Those big companies are therefore paying insane wages to do business in Seattle, whereas if they relocated, they could pay people the same real wages relative to local cost of living and save tens of millions a year in corporate labor costs alone But here’s the thing: Because Seattle overregulated their small and midsize businesses, those businesses are now operating on razor thin margins and are reliant on highly paid corporate workers who can pay exorbitant prices in order to stay in business. So when a corporate office relocates out of Seattle, all of the local restaurants collapse because they no longer have a customer base who can afford the prices they have to charge due to Seattle’s regulatory environment What this means is that as corporations cut payroll in Seattle the entire city’s service sector is imploding, which has resulted in localized stagflation. Their whole labor market is quickly evaporating and now they have 5.5% unemployment, 5% inflation, and -2% real wage growth. None of this has anything to do with the “millionaire’s tax” because the companies are leaving before the people do. Why would companies care about a tax on ultra high incomes that doesn’t impact their cost of doing business?

NEW EPISODE! SpaceX, Rocket Lab, And The Future of Defense and Space Stocks With Industry Expert @louwhiteman $RKLB (00:00) Introduction (03:27) Market Dynamics (06:42) Government Spending (09:47) Understanding SpaceX's Business Model (12:43) Valuation Challenges and Market Comparisons (15:37) The Future of Starlink and Competition (25:09) Investing in Space: The Elon Musk Factor (28:25) Rocket Lab: The One-Stop Shop for Space (33:58) Navigating the Defense and Space Sectors (40:54) Emerging Opportunities in Space Defense Tech (43:26) Understanding the Long-Term Dynamics of Defense Stocks Follow the Chit Chat Stocks Podcast on YouTube, Spotify, and Apple Podcasts

Intel needs to introduce a $50 billion ATM offering yesterday

What 60% operating margins will force on your customers

Marks is a much better investor than many individual stock traders think

NEW PODCAST EPISODE! (00:00) Introduction (10:12) Understanding investing philosophy (15:24) Case Studies: The Great Financial Crisis and Inter Milan Investment (30:13) Navigating the COVID-19 Panic: Airline Investments (36:25) The TORM Case Study: A Debt-to-Equity Success (41:59) Key Takeaways from Howard Marks' Investment Philosophy (46:21) AI and Private Credit: Future Considerations Follow the Chit Chat Stocks Podcast on YouTube, Spotify, and Apple Podcasts

NEW PODCAST EPISODE! Earnings Digest (TSLA, INTC, AXP, PM); Tim Cook's Farewell; Avis Goes Full GameStop $CAR; Playing a Potential SpaceX/Tesla Merger? (00:00) Introduction (01:15) Tim Cook's Legacy at Apple (08:20) ServiceNow's Earnings and AI Focus (11:28) Software Sector and Valuation Concerns (13:29) CEO Changes and Market Implications (18:41) Intel's Earnings and Semiconductor Outlook (24:09) Philip Morris and Tobacco Market Trends (30:53) Regulatory Risks in Nicotine and Tobacco (38:26) American Express: Stability and Pricing Power (44:24) Tesla Earnings and Narrative Control (53:13) Market Speculation: Tesla and SpaceX Merger (57:52) Small Cap of the Week: Zeta Global (01:00:50) Enterprise Software and AI Risks (01:02:31) Avis Meme Stock Follow the Chit Chat Stocks Podcast on YouTube, Spotify, and Apple Podcasts

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What should we talk about on today's Investing Power Hour?

Expanding with what working product?

NEW PODCAST! Is Wix Stock Too Cheap To Ignore? $WIX w/ @mvcinvesting (00:00) Introduction (08:14) Understanding why Wix is down (17:36) Financial Engineering Moves (18:56) Q4 Results and Business Performance (24:05) AI Disruption Risks (31:13) The Rise of Base 44 (40:58) Wix's Resilience Against AI Disruption (48:24) Valuation Insights and Market Perception of Wix Follow the Chit Chat Stocks Podcast on YouTube, Spotify, and Apple Podcasts

Mad how people will see a flashing triangle in the sky and instantly say it’s aliens, when this is how Lockheed was moving in the 60’s

Kraken Robotics

A massive capex boom wherein the sellers recognize revenues and profits while the buyers capitalize the costs, will do that. Look at mid-1998 to mid-2000, when S&P 500 profits rose 30%. Then look at the next twelve months when order books collapsed.

"In 100 years we have gone from teaching Latin and Greek in high school to teaching Remedial English in college." — Joseph Sobran

Can someone explain to me how you transform the F-35 supply chain into agricultural products?