As someone on the outside looking in, I gotta say despite the Patriots having a harder schedule now, they genuinely might get to the Super Bowl again. I say this cause one, the team got better over the offseason by acquiring guys like AJ Brown, and two, we all know Josh Allen and Lamar Jackson will choke again. Joe Burrow won't even sniff the playoffs either cause he gets injured again, his Oline sells him, his defense sells him, or all of the above.🤣🤣🤣

If you ask me, the only real threats to the Patriots are the Chiefs if Mahomes is healthy and the Broncos cause of their insane defense on top of Bo Nix somehow pulling comebacks out of his ass in the 4th quarter.

New SEC form shows Jen Wong sold 195,000 shares for a value of $30,833,400 filed on Friday 8/14

Grand Totals YTD

• Executed Sales: $48,300,084 (274,242 shares)
• Executed + Proposed Combined: $113,698,050

Has Jen Wong returned $113M of value and leadership to shareholders? RDDT H1 FCF was $572M.

Source: https://finviz.com/insidertrading?oc=1663651&tc=7

Posted this comment a month ago but adding a few more takes

1. ⁠Low base effect leading to impressive looking percentages. Growing revenue $100-$150 million per quarter for a $35B company doesn't deserve a high multiple
2. ⁠Stagnant US DAU for 2.5 years straight at this point. US market growth is capped. All the global DAU growth is coming from India (extremely low margins)
3. ⁠Terminal growth rate will be reached much quicker than expected because of this and PE will trend towards 10-20 like its more mature peers
4. ⁠Recessionary macro environment leads to less ad spend
5. ⁠New data licensing deals aren't going to be explosive since LLMs have been trained on all previous data already and up to date circlejerks will have diminishing returns. Reddit needs Google way more than Google needs Reddit.

New takes
6. Googles AI overview is here to stay. Reddit hasn’t been able to significantly grow US DAU for 2.5 years now and this is an enormous and imo insurmountable headwind. People that add “Reddit” to the end of their search query are likely DAU/WAU already anyway. I don’t see any compelling arguments that the US market isn’t already capped. It’s been long enough.
7. Peers trade at 10-15 fwd PE. We can be generous and assume EPS for the next 12 months will be ~$7. At 15 PE that’s a share price of $105. Your argument is that revenue is growing 60% YoY!!! My argument is that future growth is priced in and with stagnant US DAU that curve is flattening quickly rather than accelerating. ARPU growth is priced in. This is all why multiples will compress, not expand. The hyper growth story is over.
8. $1.2B in projected FCF for 2026 and $1B alotted to buybacks. AND now fully diluted shares is increasing from 206M to 207M. Reddit isn’t expanding its balance sheet and it’s not returning any shareholder value, it’s using all its cash to tread water instead of growing, and it’s using shareholders to fund salaries. I understand all tech companies use SBC but the numbers aren’t conducive to returning shareholder value for this company.

Hey all, I apologize if I don't formulate this correctly or if I'm in the wrong sub.

I recently bought my first car that had a listed price of approx. $8000 (used vehicle). I was fine with putting a decent deposit down, as I just needed a reliable vehicle for college transportation and whatnot. This deposit I put down was in cash for $5000.

After everything was said and done and all paperwork was signed, I got my auto loan and it was approx $8000. I know that fees and taxes can dwindle my deposit, so I could understand if my loan was a little bigger than the $3000 or so I was expecting.

We called to make sure, and it seems my whole 5000 deposit went to fees alone—so I thought I was paying for a roughly 8000 vehicle but in actuality with fees it was roughly 14,000?

Is this usually how much fees are for even over a decade older used vehicles? Am I just missing something or being ignorant?

Any advice is welcome.